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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

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
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.
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.
Warren Buffett enjoys playing salesman-in-chief

Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman.
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.
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.
Gold breaks a losing streak; other metals rise

The price of gold rose Monday for the first time in nearly two weeks.
Rates mixed at weekly US Treasury bill auction

Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills unchanged while rates on six-month bills rose to the highest level in five weeks.
Small company stocks take the limelight

Small companies are taking the limelight on a choppy start to the week.
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.
News Summary: Chesapeake names new CEO

THE NEW GUY: Chesapeake Energy named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. Lawler is a petroleum engineer with 25 years of experience in the exploration and production industry.
Wal-Mart told to provide more info in bribe case

A judge in Delaware ordered attorneys for Wal-Mart Stores Inc. to turn over more information to shareholders seeking records on how the company responded to allegations of bribery involving its operations in Mexico.
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.
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.
Warren Buffett gives young entrepreneurs 10 shares

Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life.
Special K churns out products in brand evolution

Special K was once just a line of cereals. Today, it's a diet food empire.
Small-company stocks lead the market higher

The stock market is edging higher in midday trading, led by small-company shares.
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.
Small company stock are a bright spot

Small-company stocks were a bright spot in a subdued start to the week for Wall Street.