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Judge gives final approval to A123 bankruptcy plan

Randall Chase, Associated Press  |  posted 7 minutes ago
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.
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Actavis buying Warner Chilcott in $8.5B deal

Michelle Chapman and Tom Murphy, Associated Press  |  posted 22 minutes ago
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.
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Royalty Pharma increases bid for drugmaker Elan

Associated Press  |  posted 24 minutes ago
Royalty Pharma is raising 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.
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Special K churns out products in brand evolution

Candice Choi, Associated Press  |  posted 38 minutes ago
Special K was once just a line of cereals. Today, it's a diet food empire.
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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.
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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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United to restart 787 flights on Monday

Joshua Freed, Associated Press  |  posted May 20th - 9:57am
United Airlines is getting its 787s back in the air.
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FDA has safety concerns with Merck insomnia drug

Matthew Perrone, Associated Press  |  posted May 20th - 9:43am
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.
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Chesapeake names Anadarko executive as new CEO

Associated Press  |  posted May 20th - 7:05am
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.
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Economists predict increase in consumer spending

The Associated Press  |  posted May 20th - 4:19am
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
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