May 20
Warren Buffett gives young entrepreneurs 10 shares
Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life.
Tuesday, May 21, 2013
Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life.

U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.
Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman.
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.

The stock market is edging higher in midday trading, led by small-company shares.
The price of gold rose Monday for the first time in nearly two weeks.
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.

Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves.
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
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.
The price of oil rose Monday, taking its cue from the stock market and the dollar.
The Dow Jones industrial average and the Standard & poor's 500 index edged lower on Monday as investors waited on more information about the Federal Reserve's economic stimulus program. On Wednesday Fed Chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting.
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 were a bright spot in a subdued start to the week for Wall Street.
Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa.
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 Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane's four-month grounding behind them.

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.

It's the narcissist rally.
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.

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.

A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.
TUESDAY, May 21
Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news.
Legislation cleared the House on Friday that would place stricter requirements on the federal agency overseeing Wall Street to assess the costs and benefits of its regulations before they are issued.