Updated 8 hours ago
CEO pay in U.S. hits record high
NEW YORK -- Profits at big U.S. companies broke records last year, and so did pay for chief executive officers.

Updated 8 hours ago
Record rates spur home buyers
Barry Shaner, president and chief executive of Directions Credit Union of Sylvania, has been in the financial industry a long time, but he acknowledges that few in the industry have ever seen mortgage interest rates like those available now.

Updated 8 hours ago
Speedway acquires GasAmerica
FINDLAY -- Speedway LLC, a subsidiary of Marathon Petroleum Corp., finalized the closing of a deal to acquire 87 GasAmerica retail locations. The deal with GasAmerica Services Inc. was announced in February, and many of the locations will be converted to the Speedway brand.

Updated 8 hours ago
2013 Dart heads for dealers
BELVIDERE, Ill. — Even as the first Dodge Darts to come out of a revitalized Chrysler plant in northern Illinois were shipped off to dealers this week, the company said it would discontinue two familiar models.

Published 12 hours ago
Cruise firm sends 2 liners to China
BEIJING -- Royal Caribbean Cruises Ltd. said Friday that it is sending what it says will be Asia's two biggest cruise liners to serve China's growing tourism market.

Published 14 hours ago
Toyota aims to boost sales
TOKYO -- Toyota Motor Corp. said Friday it is targeting 50 percent of its global vehicle sales to emerging markets by 2015 and is rolling out eight compact models over the next few years.

Published 12 hours ago
Consumer sentiment at 4.5 year high
WASHINGTON -- A measure of U.S. consumer confidence has risen to its highest in 4 1/2 years.

Published 14 hours ago
Icahn spends $785M for stake in firm
NEW YORK -- Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp. and is calling for at least four of the company's directors to be replaced.

Published 12 hours ago
Talbots reports end to talks on buyout
HINGHAM, Mass -- Women's clothier Talbots Inc. said Friday that a deadline expired without a deal in its talks about being acquired by a private equity firm and that it will pursue other options.

Updated 20 hours ago
Stocks end week down
NEW YORK — Another flare-up in Europe’s debt crisis knocked U.S. markets lower today. This time, it was more trouble at a major Spanish bank.