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Procter & Gamble brings back A.G. Lafley as CEO

Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. The surprise move comes as the world's largest consumer-products maker tries to ...

House Dems seek changes to JobsOhio oversight

Ohio House Democrats proposed reporting and oversight changes to Gov. John Kasich's private nonprofit job-creation office on Thursday that they said would make it more publicly accountable. The so-called JobsOhio Accountability Act targets an operation that has faced a steady stream of challenges since it was created by Kasich in ...

Procter & Gamble says retiring CEO Robert McDonald to be replaced by former CEO A.G. Lafley

Procter & Gamble says retiring CEO Robert McDonald to be replaced by former CEO A.G. Lafley.

2 Ind. hospital systems cutting jobs, other costs

Two Indiana hospital systems said Thursday that they are cutting an undisclosed number of jobs by July 1 because of increasing economic and competitive pressure on the health care industry. St. Vincent Health, an Indianapolis-based network of 22 hospitals, and St. Mary Health of Evansville said restructurings of their workforces ...

Trader John Panin, second left, adjusts his glasses as he works on the floor of the New York Stock Exchange Thursday, May 23, 2013. A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program. (AP Photo/Richard Drew)

Stocks edge lower as investors reassess Fed fears

Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell Thursday following a global slump prompted partly by an unexpected slowdown in Chinese manufacturing. Concern that the Federal Reserve might ease back on its ...

Business Highlights

___ Why worry? Less aid by Fed would point to recovery WASHINGTON (AP) — Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected. Yet almost lost in the anxiety that gripped the stock market this week is ...

Lifespan cutting 122 jobs, reducing doc training

A plan by Rhode Island's largest health system to save $100 million to $150 million over the next two and a half years through significant jobs cuts will also include cuts to its physician training program. Lifespan announced this week that it's eliminating a total of 122 positions, mostly in ...

President Barack Obama and first lady Michelle Obama watch as singer-songwriter Carole King performs after being presented the Library of Congress Gershwin Prize for Popular Song during an East Room concert honoring King Wednesday, May 22, 2013, at the White House in Washington. (AP Photo/Jacquelyn Martin)

Between economy and trouble, Obama approval steady

The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way. He's getting no significant uptick in approval from gains in housing, jobs and the stock market. Likewise, he has so far seen no downtick from the recent storms over ...

FILE - In this Tuesday, Sept. 12, 2006, file photo, Leslie Moonves, left, president and chief executive officer of CBS, talks with PBS host Charlie Rose in Beverly Hills, Calif.Making $60.3 million in 2012, Moonves was the highest paid CEO of 2012. (AP Photo/Reed Saxon)

Top 50 highest-paid CEOs

A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar. 1. Leslie Moonves, CBS, $60.3 million, down 12 percent 2. David Zaslav, Discovery Communications, $49.9 million, down 5 percent 3. Bob Iger, Disney, $37.1 million, up 18 percent 4. Philippe Dauman, Viacom, $33.4 ...

Fired Md. firefighter claims gender bias

A former Sykesville firefighter claims that gender discrimination led to her firing after she took time off for pregnancy and the birth of her son. The Carroll County Times reports that Robin Lancaster of Westminster filed the complaint against the Sykesville-Freedom District Fire Department in state court last month. It ...

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