Headline News: Business

By Jennifer Ablan and Smita Madhur Tue May 15, 2012 7:29pm EDT (Reuters) – Chesapeake Energy Corp increased a planned loan even as its credit rating deteriorated on Tuesday, adding pressure on the natural gas producer to deliver crucial asset … Continue reading →

WASHINGTON | Tue May 15, 2012 7:23pm EDT WASHINGTON (Reuters) – President Barack Obama has $500,001 to $1 million in a JPMorgan Chase private client asset management checking account, according to financial disclosures released by the White House on Tuesday. … Continue reading →

By Chuck Mikolajczak NEW YORK | Tue May 15, 2012 5:26pm EDT NEW YORK (Reuters) – Stocks fell for the eighth day in the past 10 on Tuesday as uncertainty stemming from the political stalemate in Greece gave investors another … Continue reading →

By Jonathan Stempel Mon May 14, 2012 9:10pm EDT (Reuters) – A federal judge in New York on Monday refused to delay the approval process for a controversial $20 million settlement between Bank of America Corp (BAC.N) directors and shareholders … Continue reading →

SYDNEY | Mon May 14, 2012 9:57pm EDT SYDNEY (Reuters) – Australian gas pipeline owner Hastings Diversified Utilities Fund (HDF.AX) received a $1.25 billion takeover offer from a consortium including a Canadian fund manager On Tuesday, setting up a bidding … Continue reading →

By Nate Raymond Mon May 14, 2012 6:45pm EDT (Reuters) – More than 50 lawyers from Dewey LeBoeuf, the ailing U.S. law firm on the verge of closure, jumped ship to rival Greenberg Traurig on Monday. The defections, which include … Continue reading →

NEW DELHI | Sun May 13, 2012 4:39pm EDT NEW DELHI (Reuters) – India’s telecoms regulator on Sunday reaffirmed most of its proposed rules for an auction of mobile airwaves, including a steep base price for bids, despite howls of … Continue reading →

By Sarah McBride SAN FRANCISCO | Sun May 13, 2012 8:18am EDT SAN FRANCISCO (Reuters) – For the handful of venture capitalists who backed Facebook in its early days, a huge financial payoff is not the only thing they may … Continue reading →

MADRID | Sun May 13, 2012 3:28pm EDT MADRID (Reuters) – Spanish banks unveiled fresh funds on Sunday to meet new government demands aimed at cleaning up the country’s sickly property market and easing international markets’ concerns about the troubled … Continue reading →

HOUSTON | Sun May 13, 2012 3:58pm EDT HOUSTON (Reuters) – Chevron Corp’s (CVX.N) 245,271 barrel per day (bpd) San Francisco Bay-area refinery in Richmond, California, performed the planned shutdown of a unit on Saturday, according to notices the refinery … Continue reading →