Follow us on

Monday, May 20, 2013 | 7:47 a.m.

Business

2471 items
Results 1 - 10 of 2471next >
FILE - In this Tuesday, May 7, 2013, photo, specialist Charles Boeddinghaus works at his post on the floor of the New York Stock Exchange. Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday.  (AP Photo/Richard Drew)

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. Dow Jones industrial average futures are down 7 points to 15,308. The broader S&P 500 is down less than a point at 1,662.3. Nasdaq futures are down 2.75 ...

Chesapeake names Anadarko executive as new CEO

Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. The appointment of the 46-year-old Lawler comes after a tough year for Chesapeake. Its former CEO Aubrey McClendon was ousted last year amid a scandal over his personal investments in the company's oil and gas wells. ...

Actavis buying Warner Chilcott in $8.5B deal

Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S. The new company is expected to be called Actavis PLC and will be incorporated in Ireland, where Warner Chilcott is currently incorporated. Warner Chilcott shareholders ...

Oil price falls below $96 a barrel

The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief. Benchmark crude for June delivery was down 55 cents to $95.47 a barrel in electronic trading ...

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. The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent next year. That's unchanged from their forecast in February. But ...

A man under an umbrella walks past an electronic stock board of a securities firm in Tokyo Monday, May 20, 2013. Japan's Nikkei 225 index jumped 1.4 percent to 15,352.84 as evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. (AP Photo/Koji Sasahara)

Markets solid despite Fed policy speculation

Stock markets remained relatively solid Monday as evidence of a steady economic recovery in the U.S. continued to shore up sentiment. Following another week, which saw many stock indexes around the world either hit record highs or multiyear peaks, investors have so far refrained from widespread profit-taking. However, some analysts ...

Ryanair keeps growing, reports record profits

Ryanair reported record profits Monday as Europe's largest budget airline relentlessly expanded its route network across the continent and into North Africa. The Dublin-based carrier's share price also surged to an all-time high after it predicted it would enjoy similar, if not better, earnings in the coming year. The company's ...

Raw: Accused US Spy Reportedly Leaves Russia

Raw: Accused US Spy Reportedly Leaves Russia

Russian TV aired video of the US Embassy employee accused of spying, leaving Russia. Russian television had video of Ryan Fogle at a Moscow airport. The US Embassy in Moscow has refused to comment on the case. (May 20)

China sentences underground bank operator to death

A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs. Lin Haiyan was convicted of "illegal fundraising" for collecting 640 million yuan ($100 million) from investors by promising high returns and ...

FILE - In this Wednesday, Jan, 2, 2008 file photo Russian President Vladimir Putin, right, listens to the state-controlled natural gas monopoly Gazprom CEO Alexei Miller as they tour the newly opened alpine ski center that will be used in the 2014 Olympics at Krasnaya Polyana in the southern Russian Black Sea resort of Sochi. The names of Russia’s business powerhouses have taken over the mountains of Sochi, now the home of Potanin’s slope, Gazprom’s gondola lift and Sberbank’s ski jump. These names, used by local residents and an army of construction workers, leave no doubt about who is paying for next year’s Winter Games. (AP Photo/ RIA Novosti, Dmitry Astakhov, Presidential Press Service, File)

Russian oligarchs foot most of 2014 Sochi Olympics

The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter Games: Russia's business powerhouses. Other countries that have hosted the Olympics ...

2471 items
Results 1 - 10 of 2471next >
 
 
 

© 2013 Sinclair Broadcast Group. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad ChoicesAdChoices.