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Summer travel forecast: Better, but no blowout

The forecast for summer travel, 2013: Partly sunny. 1369379414

Survey: German consumer confidence rises strongly

A survey is showing a significant rise in German consumer confidence as people's expectations for the economy and for their own income improve. 1369378161
Japan's PM Abe defends policies as markets settle

Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster. 1369378762
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. 1369368576
6 tips on managing your 401(k) plan effectively

The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes.
Procter & Gamble brings back A.G. Lafley as CEO

Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer-products maker tries to spur global growth.
Money market fund assets rose to $2.601 trillion

Total U.S. money market mutual fund assets rose $19.53 billion to $2.601 trillion for the week that ended Wednesday, according to the Investment Company Institute.
Summary Box: Stocks recover from an early swoon

UPS AND DOWNS: Stocks plunged at the opening of trading but recovered by midday. A rout overseas and in the early going on Wall Street was set off by a slowdown in China and worries that the Federal Reserve might slow down its bond purchases. By the afternoon the U.S. market had recouped nearly all of its loss.
Merck ends development of Parkinson's disease drug

Merck & Co. says it is ending development of an experimental Parkinson's disease drug because the drug wasn't working.
GM aims new Chevy Cruze diesel at Volkswagen Jetta

The marketing people at Chevrolet make no secret of the goal for the new diesel version of the Chevrolet Cruze: Take sales from Volkswagen.
Campbell buying Plum Organics baby food maker

Campbell Soup said it's buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories.
Why worry? Less aid by Fed would point to recovery

Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
News Summary: J&J predicts surge of new medicines

BIG PLANS: Johnson & Johnson says it's poised by 2017 to seek regulatory approval for a dozen new medicines and two dozen variations of existing ones.
Sears reports bigger-than-expected 1Q loss

It was another ugly quarter for Sears Holdings Corp.
Stocks end lower as investors reassess Fed worries

Stocks are ending the day slightly lower after recouping a big loss early on.
Gap back in style as 1Q profit jumps 43 percent

After years of struggle, Gap is back in style.
Wheat gains on overseas demand

The price of wheat rose by the most in two weeks Thursday after the U.S. government reported strong demand for the grain from overseas buyers.
Big stores nix credit card settlement, file suit

Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing.
Muni bond investors on edge over tax proposal

Municipal bonds continue to provide a reliable refuge from stock market volatility and a steady source of tax-free income.
News Summary: US mortgage rates up, but still low

RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows.