Labor
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 ...
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 ...
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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