MiamiHerald.com: Breaking News - Business

Actavis buying Warner Chilcott in $8.5B deal

Mon, 20 May 2013 07:31 EDT

Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S.

Chesapeake names Anadarko executive as new CEO

Mon, 20 May 2013 07:46 EDT

Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.

Ryanair keeps growing, reports record profits

Mon, 20 May 2013 04:31 EDT

Ryanair reported record profits Monday as Europe's largest budget airline relentlessly expanded its route network across the continent and into North Africa.

United to restart 787 flights on Monday

Mon, 20 May 2013 00:11 EDT

United Airlines is getting its 787s back in the air.

Economists predict increase in consumer spending

Mon, 20 May 2013 00:11 EDT

Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.

US futures subdued as investors take stock

Mon, 20 May 2013 07:51 EDT

U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.

Jamie Dimon under pressure ahead of investor vote

Sun, 19 May 2013 15:41 EDT

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

Sun, 19 May 2013 09:31 EDT

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.

Buybacks are a big factor behind stock market boom

Sun, 19 May 2013 13:51 EDT

It's the narcissist rally.

Bernanke forecasts gains from computer technology

Sat, 18 May 2013 11:09 EDT

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

Fri, 17 May 2013 10:17 EDT

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.

Stocks edge higher in midday on Wall Street

Fri, 17 May 2013 09:57 EDT

Encouraging news about the U.S. economy is helping push stock prices higher on Wall Street.

Stocks rise on hopeful signs for the US economy

Fri, 17 May 2013 17:34 EDT

Encouraging news about the U.S. economy extended the stock market's rally Friday.

Transocean shareholders oust chairman

Fri, 17 May 2013 15:47 EDT

Transocean Ltd. shareholders have voted out the oil drilling company's chairman and backed one of Carl Icahn's director nominees.

US rig count is unchanged at 1,769

Fri, 17 May 2013 13:47 EDT

Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. remains unchanged this week, at 1,769.

Business events scheduled for the coming week

Fri, 17 May 2013 11:57 EDT

TUESDAY, May 21

Falling yen to make Japan's goods more affordable

Fri, 17 May 2013 00:17 EDT

Attention, bargain-hunters around the world: Japanese goods - from cars to televisions - are going on sale.

Buybacks are a big factor behind stock market boom

Fri, 17 May 2013 16:44 EDT

It's the narcissist rally.

Cyprus drops limits on 8 more foreign banks

Fri, 17 May 2013 14:57 EDT

Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.

Groups divided on Bangladesh safety overhauls

Fri, 17 May 2013 12:57 EDT

The nation's largest retail industry organization fired back Friday, outlining reasons why a legally binding global pact to make Bangladesh clothing factories safer would expose merchants to undue legal exposure. The move came as U.S. retailers face increasing pressure from a large coalition of religious groups and investors to work together to develop a plan.