Chesapeake names Anadarko executive as new CEO
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.
Actavis buying Warner Chilcott in $8.5B deal
Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market.
Special K churns out products in brand evolution
Special K was once just a line of cereals. Today, it's a diet food empire.
Rates mixed at weekly US Treasury bill auction
Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills unchanged while rates on six-month bills rose to the highest level in five weeks.
Judge gives final approval to A123 bankruptcy plan
A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant.
Small company stocks take the limelight
Small companies took the limelight Monday on a slow but choppy start to the week.
Small company stocks take the limelight
Small companies are taking the limelight on a choppy start to the week.
Wal-Mart told to provide more info in bribe case
A judge in Delaware ordered attorneys for Wal-Mart Stores Inc. to turn over more information to shareholders seeking records on how the company responded to allegations of bribery involving its operations in Mexico.
FDA has safety concerns with Merck insomnia drug
Federal health regulators say an experimental insomnia drug from Merck can help patients fall asleep, but it also carries worrisome side effects, including daytime drowsiness and suicidal thinking.
Warren Buffett gives young entrepreneurs 10 shares
Meeting Warren Buffett is exciting, but 10-year-old Matthew Meyer says winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life.
US futures subdued as investors take stock
U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.
News Summary: Chesapeake names new CEO
THE NEW GUY: Chesapeake Energy named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. Lawler is a petroleum engineer with 25 years of experience in the exploration and production industry.
Small-company stocks lead the market higher
The stock market is edging higher in midday trading, led by small-company shares.
Gold breaks a losing streak; other metals rise
The price of gold is rising for the first time in nearly two weeks, breaking a long losing streak.
Royalty Pharma increases bid for drugmaker Elan
Royalty Pharma has raised its offer to buy Elan on the condition that shareholders reject the Irish drugmaker's push to refocus its business through a string of recently announced deals, including two new deals unveiled Monday.
Stocks open slightly lower on Wall Street
Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.
News Summary: United resumes 787 flying
BACK IN THE AIR: United Flight 1 flew from Houston to Chicago, the first passenger flight on the airline's 787 since they were grounded in January.
Oil rises on falling dollar; gasoline at $3.65
The price of oil rose Monday, taking its cue from the stock market and the dollar.
Ryanair keeps growing, reports record profits
Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa.
Economists predict increase in consumer spending
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
United restarts 787 flights after grounding
United Airlines is again flying the 787, four months after smoldering batteries forced the plane to be grounded worldwide.
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.
Buybacks are a big factor behind stock market boom
It's the narcissist rally.
Hits and misses in Facebook's history
Facebook made its debut on the stock market a year ago on May 18 in one of the largest IPOs in history and the biggest for any Internet company.
Bernanke forecasts gains from computer technology
Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.
