Ralph Lauren's 4Q profit rises 35 pct
NEW YORK (AP) -- Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices. But economic challenges here and abroad and the move to eliminate some businesses to focus on the most profitable ones cut into sales....
Applications for US unemployment aid fall to 340K
WASHINGTON (AP) -- 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....
ECB official: New bank authority 'indispensable'
FRANKFURT, Germany (AP) -- A top European Central Bank official says an agency with powers to restructure and wind down busted banks is "indispensable" to strengthening the continent's banking system against future turmoil....
J&J forecasts 10 new drug applications by 2017
NEW BRUNSWICK, N.J. (AP) -- Johnson & Johnson says it plans to submit more than 10 new treatments to regulators for approval and 25 applications for additional uses of approved drugs by 2017....
