Business

Photo

Wall St. ends lower after shooting at Canadian parliament

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.

Recent Business News

P&G shuffles management, focuses on streamlining co

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.

6:19pm EDT

Boeing profit jumps 18 percent, but cash is scarce

- 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.

3:07pm EDT

JPMorgan was alerted of hiring concerns in China before U.S. probe: WSJ

- JPMorgan Chase & Co executives in New York were aware of potential problems tied to its recruitment practices in China well before U.S. regulators launched a probe into the issue, the Wall Street Journal reported, citing sources and documents it reviewed.

U.S. Court hears arguments on sex discrimination at Goldman Sachs

NEW YORK - Goldman Sachs Group on Wednesday attacked expert evidence offered by attorneys for former female employees in a U.S. federal sex discrimination lawsuit, arguing there was no pattern of gender-based pay and promotion disparities at the bank.

Total names refining boss to replace de Margerie

PARIS - French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week. | Video

11:40am EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary