FedEx 4Q profit drops as priority services lag
DALLAS (AP) -- FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options....

Stocks edge lower as investors wait on Fed
NEW YORK (AP) -- The stock market is waiting on the Fed....

Investors look for answers on economy from Fed
WASHINGTON (AP) -- Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows....

Study: Wiser medication use could cut health costs
TRENTON, N.J. (AP) -- If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, by reducing medication overuse, underuse and other flaws in care that cause complications and longer, more-expensive treatments, researchers conclude....

Men's Wearhouse ousts founder, pitchman Zimmer
NEW YORK (AP) -- Apparently, Men's Wearhouse Inc. doesn't like the way its founder looks anymore....

Senator: IRS to pay $70M in employee bonuses
WASHINGTON (AP) -- The Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic spending cuts enacted this year, according to a GOP senator....

Obama warns EU over high youth unemployment
BERLIN (AP) -- President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries don't "lose a generation."...

Dish won't submit revised bid for Sprint
ENGLEWOOD, Colo. (AP) -- Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank....

Japan formally OKs new nuke safety requirements
TOKYO (AP) -- Japan's nuclear watchdog formally approved a set of new safety requirements for atomic power plants Wednesday, paving the way for the reopening of facilities shut down since the Fukushima disaster in a move critics charge is too hasty....

Bluebird Bio shares rocket higher in trading debut
NEW YORK (AP) -- Shares of gene therapy developer Bluebird Bio Inc. are surging in their trading debut....