General Motors is restructuring its vehicle development process, cutting a layer of management and eliminating about 20 executive jobs through retirements.

Fewer new prescription drugs will get approved in the U.S. this year than the 30 approved in 2011, a new report predicts.

Georgia is set to receive a $750,000 federal grant to help returning Army veterans find jobs.

Workers in low-wage jobs joined with faith leaders, unions and politicians in New York City to demand better pay, benefits and working conditions.

The company's largest revenue source, managing mutual funds, rose 3 percent; $2.8 billion of its deposits flowed into TDF portfolios for retirement accounts.

Some 1,300 flight attendants have volunteered for early retirement in exchange for a cash settlement, boosting costs of the airlines' merger.

Wild swings in stock markets across the globe weighed on the banking sector, with a growing number of investors rushing to put their money somewhere safe.

Shares of several big health insurers fell Monday as jittery investors dumped equities en masse because of new fears about the economic stability of Europe.