XML US Business News

P&G Narrows Field For CEO Succession

published less than 1 hour ago
Procter & Gamble shook up its senior management ranks, naming new leaders for key businesses and narrowing the field of potential successors to CEO A.G. Lafley.

Ex-Im Bank's Uncertain Future Worries Small Firms

published less than 1 hour ago
Ex-Im Bank's Uncertain Future Worries Small Firms
A decision by Congress to extend the Export-Import Bank only temporarily is raising concern among business owners who say they rely on the credit agency to lower the risks of exporting.

AT&T Lowers Revenue Outlook

published less than 1 hour ago
AT&T Lowers Revenue Outlook
AT&T lowered its revenue outlook for the year, pointing to fewer-than-expected sign-ups for its no-contract Next wireless plans that require customers to pay full price for their smartphones.

Luxottica to Name P&G's Mehboob-Khan as Co-CEO

published about 2 hours ago
Luxottica Chairman Leonardo Del Vecchio proposed P&G’s Adil Mehboob-Khan as a co-chief executive after the position was left vacant earlier this month.

Leidos to pay Justice Department $1.5 million to settle False Claims Act charges

published about 2 hours ago
Leidos is paying the government $1.5 million to settle long-standing charges that it had conflicting business relationships while performing work for a government agency, the Justice Department announced Tuesday. The work was performed by the Reston-based services contractor when it was still known as Science Applications International Corp. Read full article >>