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SBA starting new lending program for veterans

The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans. 1369127394

www.sba.gov/veterans

Average credit card debt, late payments fall in 1Q

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt. 1369110263
British inflation eases by more than expected

Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares. 1369127393
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.
Chesapeake names Anadarko executive as new CEO

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

The stock market is edging higher in midday trading, led by small-company shares.
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.
Gold breaks a losing streak; other metals rise

The price of gold rose Monday for the first time in nearly two weeks.
Royalty Pharma increases bid for drugmaker Elan

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.
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.
Lew taps government retiree pension fund

Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
News Summary: United resumes 787 flying

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.
Oil rises on falling dollar; gasoline at $3.65

The price of oil rose Monday, taking its cue from the stock market and the dollar.
How the Dow Jones industrial average fared Monday

The Dow Jones industrial average and the Standard & poor's 500 index edged lower on Monday as investors waited on more information about the Federal Reserve's economic stimulus program. On Wednesday Fed Chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting.
Judge gives final approval to A123 bankruptcy plan

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.
Small company stock are a bright spot

Small-company stocks were a bright spot in a subdued start to the week for Wall Street.
United restarts 787 flights after grounding

United Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane's four-month grounding behind them.
Small company stocks take the limelight

Small companies are taking the limelight on a choppy start to the week.
Special K churns out products in brand evolution

Special K was once just a line of cereals. Today, it's a diet food empire.
Summary Box: Small company stocks are bright spot

SMALL IS BEAUTIFUL: Small company stocks were a bright spot for the market in a subdued start to the week for Wall Street. The Russell 2000 index climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones industrial average and the Standard & Poor's 500 index edged lower.