News Summary: United resumes 787 flying
The Associated Press |
posted 33 minutes ago
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.
United restarts 787 flights after grounding
Joshua Freed, Associated Press |
posted 47 minutes ago
United Airlines is again flying the 787, four months after smoldering batteries forced the plane to be grounded worldwide.
News Summary: Chesapeake names new CEO
The Associated Press |
posted May 20th - 12:43pm
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.
Royalty Pharma increases bid for drugmaker Elan
Associated Press |
posted May 20th - 12:33pm
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.
Wal-Mart told to provide more info in bribe case
Randall Chase, Associated Press |
posted May 20th - 12:32pm
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.
Special K churns out products in brand evolution
Candice Choi, Associated Press |
posted May 20th - 11:57am
Special K was once just a line of cereals. Today, it's a diet food empire.
Judge gives final approval to A123 bankruptcy plan
Randall Chase, Associated Press |
posted May 20th - 11:47am
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.
Actavis buying Warner Chilcott in $8.5B deal
Michelle Chapman and Tom Murphy, Associated Press |
posted May 20th - 11:33am
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.
Warren Buffett meets with young entrepreneurs
Associated Press |
posted May 20th - 10:43am
Billionaire Warren Buffett is spending his day listening to business pitches from a select group of kids, but the ideas aren't likely to generate new acquisitions for Buffett's Berkshire Hathaway conglomerate.
Oil rises on higher US stocks, falling dollar
The Associated Press |
posted May 20th - 10:32am
The price of oil rose Monday, taking its cue from the stock market and the dollar.
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