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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 company in the U.S. market. 1369062760

Chesapeake names Anadarko executive as new CEO

Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. 1369055660
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. 1369050737
Small-company stocks lead the market higher

The stock market is edging higher in midday trading, led by small-company shares. 1369066053
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.
Stocks open slightly lower on Wall Street

Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains. 1369058519
Stocks hold close to record levels

A stock market surge took a pause Monday after investors pushed indexes to record levels last week. 1369063339
United to restart 787 flights on Monday

United Airlines is getting its 787s back in the air. 1369066056
FDA has safety concerns with Merck insomnia drug

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. 1369065157
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.
Buybacks are a big factor behind stock market boom

It's the narcissist rally.
Jamie Dimon under pressure ahead of investor vote

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.
Hits and misses in Facebook's history

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.
Bernanke forecasts gains from computer technology

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.
Gauge of US economy's future health up in April

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.
Transocean shareholders oust chairman

Transocean Ltd. shareholders have voted out the oil drilling company's chairman and backed one of the nominees put forth by billionaire investor Carl Icahn.
Italian Cabinet passes first economic measures

Italy's new cross-party government has adopted its first measures to help the economy. They include suspending a tax on primary residences and allocating funds to extend a short-term layoff scheme.
Tableau Software soars in trading debut

Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering.
Business events scheduled for the coming week

TUESDAY, May 21
Mexico cuts growth outlet from 3.5 to 3.1 percent

The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.