Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman.
Stocks indexes hit new highs on Wall Street as investors bank on continued support from the Federal Reserve.
FED WATCH: Stock indexes wobbled in early trading Tuesday, then turned higher just before noon. That's when news crossed that James Bullard, a Federal Reserve official, told an audience that the Fed should stick with its bond-buying effort to bolster the economy.
Corn is falling after U.S. farmers planted record amounts of corn last week, easing concern that earlier delays to planting would harm this year's crop.
Small companies are taking the limelight on a choppy start to the week.
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.
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.
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.
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.
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 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.
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 was once just a line of cereals. Today, it's a diet food empire.
The price of oil rose Monday, taking its cue from the stock market and the dollar.
The stock market is edging higher in midday trading, led by small-company shares.
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 stocks were a bright spot in a subdued start to the week for Wall Street.
Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves.
U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.
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.
Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa.
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
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.
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.
It's the narcissist rally.
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.
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.
Encouraging news about the U.S. economy extended the stock market's rally Friday.
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.
Encouraging news about the U.S. economy is extending the stock market's rally.
It's the narcissist rally.
TUESDAY, May 21
Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news.
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.
Transocean Ltd. shareholders have voted out the oil drilling company's chairman and backed one of Carl Icahn's director nominees.
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.
The price of oil rose to $96 a barrel on Friday on hopes that a steady recovery in the U.S. economy could boost fuel use.
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.
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.
Legislation cleared the House on Friday that would place stricter requirements on the federal agency overseeing Wall Street to assess the costs and benefits of its regulations before they are issued.
Shares of Marketo, a provider of cloud-based marketing software, leaped in their trading debut on Friday.
Treasury Secretary Jacob Lew told Congress on Friday that the administration will begin taking steps next week to avoid a default on the nation's debt until Congress votes to raise the government's borrowing limit.
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.
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.
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