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  • Say on pay: Shareholders rarely reject CEO pay

    Big U.S. companies are required to offer their shareholders a "say on pay" vote - essentially, a chance to weigh in on whether they think the CEO and other top executives are getting paid too much.

  • Top 50 highest-paid CEOs

    A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar.

  • With great power comes great perks

    Here's a look at what companies spent in 2012 on CEOs' country club and business club memberships, private jet travel and home security.

  • Rue21 agrees to go private in nearly $1B deal

    Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.

  • Sales gains lift Dollar Tree's 1Q profit 15 pct

    Discount retailer Dollar Tree Inc. said Thursday that its net income increased 15 percent in the first quarter as consumers spent more at its stores, which sell goods for $1 or less.

  • 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.

    Stocks fall on Fed, weak Chinese manufacturing

    Stocks fell in early trading, extending a sell-off that began Wednesday afternoon, after Chinese manufacturing unexpectedly contracted and on concern that the Federal Reserve may ease back on its stimulus program. Photo Gallery Available

  • In this Monday, May 13, 2013 photo, gardener Jose Lopez trims the front lawn of a home for sale in Alhambra, Calif. Freddie Mac reports on mortgage rates for the week on Thursday, May 23, 2013.

    US rate on 30-year mortgages rises to 3.59 pct.

    Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.

  • In this Wednesday, April 24, 2013, photo, workers are seen at the construction site of a new housing complex, in Trenton, N.J. The Commerce Department reports on new-home sales for April on Thursday, May 23, 2013.

    US new home sales up 2.3 percent in April

    U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.

  • US rate on 30-year mortgages rises to 3.59 pct.

    Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.

  • FILE - In this Thursday, May 2, 2013, file photo, Trader John Liotti works on the floor of the New York Stock Exchange. Japanese stocks plummeted Thursday May 23, 2013 after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices.

    Stock slump continues on Wall Street

    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. Photo Gallery Available

  • ECB official: New bank authority 'indispensable'

    A top European Central Bank official is calling for quick creation of an agency with powers to restructure and wind down busted banks, in an apparent pushback against Germany's insistence that such fundamental changes should take time.

  • Marathon Oil says talks end on possible stake sale

    Marathon Oil said Thursday that talks on a potential sale of part of its stake in the Athabasca Oil Sands Project in Canada have ended.

  • FILE - In this Thursday, Feb. 14, 2013, file photo, the Ralph Lauren Fall 2013 collection is modeled during Fashion Week in New York. Ralph Lauren Corp. reports quarterly financial results before the market opens on Thursday, May 23, 2013.

    Ralph Lauren's 4Q profit rises 35 pct

    Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.

  • J&J expects 10-plus new drug applications by 2017

    Johnson & Johnson is developing what could eventually be game-changing treatments for depression and pain, and it's aiming to apply for approval of more than 10 new medicines by 2017, executives said Thursday during a review of the health care giant's medicine business.

  • FILE - In this April 4, 2013 file photo, people line up for entry to a job fair in Montpelier, Vt. The Labor Department reports on the number of Americans who applied for unemployment benefits last week on Thursday, May 23, 2013.

    Applications for US unemployment aid fall to 340K

    The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.

  • FILE - In this Thursday, May 2, 2013, file photo, Trader John Liotti works on the floor of the New York Stock Exchange. Japanese stocks plummeted Thursday May 23, 2013 after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices.

    US equities sell-off goes on; futures slump

    The momentum of a late sell-off on Wall Street carried over into a second day, sending U.S. futures and global stock markets into retreat. Photo Gallery Available

  • FILE - In this Saturday, Nov. 12, 2011 file photo, workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan. Tokyo Electric Power Co., the utility that runs the Fukushima Dai-ichi plant that melted down in March 2011 after being hit by a tsunami, is finding that it can barely meet the headcount of workers required to keep the three broken reactors cool while fighting power outages and leaks of tons of radiated water, said current and former nuclear plant workers and others familiar with the situation at Fukushima.

    Stricken Japan nuke plant struggles to keep staff

    Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it. Photo Gallery Available

  • IMF Managing Director Christine Lagarde, leaves her apartment building before appearing in French court, in Paris, Thursday, May 23, 2013. Lagarde is being investigated by a special French court over a controversial arbitrage deal, which she oversaw as French Finance minister in 2008.

    IMF chief Lagarde in court in fraud probe

    International Monetary Fund chief Christine Lagarde faced hours of questioning at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a controversial businessman when she was France's finance minister. Photo Gallery Available

  • Oil tracks gains in stocks, erases early losses

    An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday.

  • President Barack Obama and first lady Michelle Obama watch as singer-songwriter Carole King performs after being presented the Library of Congress Gershwin Prize for Popular Song during an East Room concert honoring King Wednesday, May 22, 2013, at the White House in Washington.

    Between economy and trouble, Obama approval steady

    The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.

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