NEW YORK - U.S. stocks erased earlier gains to close lower on Wednesday as a shooting at the Canadian parliament unnerved investors, Boeing and Biogen sold off following results, and energy stocks fell along with oil prices. | Video
Recent Business News
CHICAGO - Procter & Gamble Co said on Wednesday that the head of its North American business, Melanie Healey, will retire next June, as the company puts together a new leadership team in an effort to revive sagging sales growth and gain market share.
- Boeing Co reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business.
Consumer prices edged higher in September, up 1.7 percent year-over-year, according to data released today by the Bureau of Labor Statistics.