Procter & Gamble said A.G. Lafley has rejoined the company as president and chief executive, succeeding Bob McDonald.

A $2 billion pipeline project intended to ship oil from West Texas's booming oil fields to California has failed to pique the interest of several big refiners in the Golden State. The culprit: the growing popularity of railroads.

Rules to curb violent stock swings are getting praise from some. But their slow introduction couldn't stop American Electric Power's 54% slide.

Nokia filed two new complaints against Taiwanese rival HTC for alleged patent infringement, continuing a battle in the fiercely competitive smartphone market.

Exxon is in talks with Houston-based InterOil to invest in gas assets owned by the latter in Papua New Guinea, a move that could cement the country's outlook as a new energy exporter.

A plan to ban refillable containers on restaurant tables died amid ridicule from Europe's chilly North, over the protestations from the sunny South.

Minnesota's move to raise $2.1 billion in new taxes, largely from the wealthy, to fund government programs puts it among a handful of states controlled by Democrats that are adopting more liberal fiscal policies.

The U.S. government issued subpoenas to four senior executives of SAC Capital Advisors who are part of Steven A. Cohen's inner circle, including the firm's president and chief compliance officer.

Google increasingly appears to be following Amazon's lead in such services as a new e-commerce site, cloud computing and services for online shoppers.

Rio Tinto has cut about 100 jobs at its copper operation in Utah and warned further positions will be cut later this month to reduce operating costs after a pit-wall collapse in April.