J.C. Penney said Chief Financial Officer Michael Dastugue will leave the department-store chain on Friday, the latest management shake-up as the company undergoes a vast operational overhaul.

Dish named former P&G executive James Moorhead as chief marketing officer, signaling a shift in the satellite-TV provider's approach.

Heavy-duty truck maker Paccar plans to cut 10% of the work force at its Chillicothe, Ohio, assembly plant in response to weakening orders for the company's Kenworth trucks.

First-quarter sales of new vehicles in China fell 3.4% as slowing economic growth chipped away at demand, adding to concerns about the full-year sales outlook in the world's largest auto market.

Quest Diagnostics named Royal Philips Electronics executive Stephen Rusckowski as its new president and chief executive.

Biomet reported modestly higher sales of hip and knee replacements for its most recent quarter, providing hope to investors that the orthopedic market may be improving.

Auto-seat maker Lear agreed to buy fabrics company Guilford Mills from Cerberus Capital for an undisclosed amount.

From our colleagues on the Economix blog: Mitt Romney has noted that women's jobs account for 92.3 percent of the net job loss since President Obama took office. But as a picture of the recession and its aftermath, that number is misleading.

A federal judge in Brazil again denied a prosecutor's request to suspend the local operations of U.S. oil major Chevron and rig operator Transocean.

As Mitt Romney courts women, his campaign has difficulty on one key gender issue.