Wholesalers slashed inventories more than expected in April as businesses struggled to get stockpiles in line with falling sales.
The Procter & Gamble Co. board is meeting after published reports that it's ready to act on a long-anticipated CEO succession plan.
Investors are reacting coolly to word that 10 of the nation's largest banks can repay $68 billion in bailout money.
General Motors Corp. has a tentative deal to sell its Saturn brand to former race car driver and dealership group owner Roger Penske.
For weeks, Greg Noel roamed the spine of the Green Mountains with a handheld GPS unit, walking dirt roads and chatting with people as he helped create a map of every housing unit in the United States.
The Federal Deposit Insurance Corp. is reportedly pressing for a management shake-up at embattled bank Citigroup Inc.,
Huntington Bancshares Inc. said Wednesday that it will offer $300 million of common shares in a public offering.
Investors sent stocks sharply lower Wednesday after data on factory orders and the services industry came in below expectations.
Regional bank KeyCorp said Tuesday it raised $1 billion.