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FILE - Procter & Gamble chairman of the board A.G. Lafley speaks at P&G's annual shareholders meeting, in this Oct. 13, 2009 file photo taken in Cincinnati. The Cincinnati company said late Thursday May 23, 2013 that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. (AP Photo/Al Behrman, File)

Procter & Gamble brings back A.G. Lafley as CEO

Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. The surprise move comes as the world's largest consumer-products maker tries to ...

Auto parts supplier to invest $40M in Marysville

An auto industry parts supplier says it's investing $40 million to expand its Marysville facility and plans to add more than 350 jobs during the next three years. The Times Herald of Port Huron reports (http://bwne.ws/1aeLDtX ) the announcement was made Thursday by SMR Automotive Systems. Sai Tatineni, managing director ...

FILE - In this July 28, 2004, file photo, Harold Schaitberger, president of the International Association of Firefighters, addresses the delegates to the Democratic National Convention, in Boston. Some labor unions that initially backed President Barack Obama's health care overhaul are now frustrated and angry about what they say are unexpected consequences of the plan that could hurt their members.  Schaitberger said unions have been forceful in seeking solutions from the Obama administration, but none have been forthcoming. (AP Photo/Ron Edmonds)

Some unions now angry about health care overhaul

When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters. But some unions leaders have grown frustrated and angry about what they say are unexpected consequences of the new law — problems that they say could jeopardize the health benefits ...

2 Ind. hospital systems cutting jobs, other costs

Two Indiana hospital systems said Thursday that they are cutting an undisclosed number of jobs by July 1 because of increasing economic and competitive pressure on the health care industry. St. Vincent Health, an Indianapolis-based network of 22 hospitals, and St. Mary Health of Evansville said restructurings of their workforces ...

Trader John Panin, second left, adjusts his glasses as he works on the floor of the New York Stock Exchange Thursday, May 23, 2013. A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program. (AP Photo/Richard Drew)

Stocks edge lower as investors reassess Fed fears

Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell Thursday following a global slump prompted partly by an unexpected slowdown in Chinese manufacturing. Concern that the Federal Reserve might ease back on its ...

Business Highlights

___ Why worry? Less aid by Fed would point to recovery WASHINGTON (AP) — Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected. Yet almost lost in the anxiety that gripped the stock market this week is ...

Lifespan cutting 122 jobs, reducing doc training

A plan by Rhode Island's largest health system to save $100 million to $150 million over the next two and a half years through significant jobs cuts will also include cuts to its physician training program. Lifespan announced this week that it's eliminating a total of 122 positions, mostly in ...

Stocks edge lower as investors reassess Fed fears

Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell Thursday following a global slump prompted in part by an unexpectedly weak report on manufacturing in China. Concern that the Federal Reserve might ease ...

JPMorgan Chase promoting Sommers

JPMorgan Chase is promoting Barry Sommers to CEO of its consumer bank. He replaces Ryan McInerney, who is leaving the company to become Visa Inc.'s president. Sommers previously served as CEO of Chase Wealth Management, which is part of the consumer banking business that he will now lead. Sommers will ...

Developer reopening northern Indiana lake resort

A developer is preparing to reopen a lake resort in northern Indiana that has been closed since 2008 after more than a century as a religious retreat. The Oakwood Inn Resort & Conference Center at Lake Wawasee near Syracuse is expected to open up in mid-June, The Journal Gazette (http://bit.ly/1215q22n ...

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