Economy

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 ...
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.
Blackstone group offers to take Pactera private
Private equity firm Blackstone Group LP, along with Pactera's CEO and other managers, have offered to take Pactera private in a deal that values the ...
Los Angeles jeweler pleads guilty in KPMG case
The owner of a Los Angeles jewelry store pleaded guilty Monday for his role in an insider-trading case involving a former senior partner at accounting ...
Silver drops despite steady market tone elsewhere
The price of silver was the standout mover in financial markets Monday as it took a hammering for the second trading session in a row, even as stocks ...
Ex-Saab executives arrested on accounting charges
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges. Prosecutor Olof ...
Oil rises on higher US stocks, falling dollar
The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery was up 86 cents, or 0.9 percent, ...
Small Fla. city anxious to learn jackpot winner
It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an ...
United to restart 787 flights on Monday
United Airlines is getting its 787s back in the air. The planes are flying again after being grounded for four months because of smoldering batteries ...
Seamless and GrubHub to combine, no terms revealed
Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than ...
Small-company stocks lead the market higher
The stock market is edging higher in midday trading, led by small-company shares. The Russell 2000 index of small company stocks crossed 1,000 points ...
Militiamen attack gas complex in western Libya
A Libyan gas company official says militiamen have attacked a natural gas complex in the country's west, injuring two guards and stealing weapons and ...
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 ...
Chinese, Indian leaders call for cooperation
The leaders of India and China played down their recent border dispute and other tensions Monday, pledging to work together for regional stability and ...
Court: Should whistleblower protection be wider?
The Supreme Court will decide if government whistleblower protection applies to employees of a privately-held contractor or the subcontractor of a ...
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 ...
UAE construction giant faces rare labor strike
United Arab Emirates-based construction company Arabtec says it's working to resolve a rare strike by laborers seeking higher wages. Labor protests ...
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 ...
Weeklong traffic mess possible after CT derailment
Traffic in southwest Connecticut could be a mess for as much as a week until service is restored to the commuter rail line affected by a derailment ...
Small Fla. city wonders who won Powerball jackpot
Some lucky person walked into a Publix supermarket in suburban Florida over the past few days and bought a ticket now worth an estimated $590.
Cairo airport baggage handlers end strike
Cairo airport officials say baggage handlers have resumed work after a strike that left passengers on 20 international flights from Europe and Arab ...
White House insists Obama was not involved in IRS
A top White House adviser insisted Sunday that President Barack Obama learned the Internal Revenue Service had targeted tea party groups only "when ...
Report: Iran hangs 2 men convicted of spying
Iran's state radio says authorities have executed two men convicted of spying for Israel's Mossad and the American CIA intelligence agency.
'Britain's Obama' urges ties with West Africa
A rising star in Britain's Labour Party, described by some as the "British Barack Obama," Chuka Umunna urged the United Kingdom to more aggressively ...