NEW YORK - With a $73 billion debt burden that Gov. Alejandro Garc�a Padilla recently called inconvertible, Puerto Rico is now being giving advice by hedge funds: improve tax collection and cut education spending to reduce mounting debt.
For the second time in six years, Procter & Gamble Co. PG 0.33 % directors replaced Chief Executive A.G. Lafley with an insider whom he groomed.
SAN FRANCISCO - Yelp is getting panned by investors after the online business review service sank to a second-quarter loss and dimmed its outlook amid a slowdown in its digital advertising sales.
DETROIT Ford Motor Co's chief executive, Mark Fields, said on Tuesday he wants the company to act "like a startup" as it prepares for an evolution of the auto industry, after it posted second-quarter profit that handily beat expectations.
NEW YORK - U.S. stocks rose Tuesday, ending their longest losing streak since January, amid better-than-forecast earnings and as Chinese equities pulled back from a selloff.