Business Wire

Wall Street has withstood another stream of bad economic readings, shaking off its disappointment and closing sharply higher after an erratic session.

Procter & Gamble has bought a small stake in Ocado in a move the consumer products maker says will add to its knowledge of Internet shopping.

It's the second time in less than two years the Chicago-based gym operator has filed for Chapter 11 bankruptcy.

The CEO of Southwest Airlines says travel demand slumped in November and the carrier won't expand its fleet next year.

Kia announced in 2006 it would build the facility for $1.2 billion, employ 2,500 workers and start production in 2009.