Business News

ISLAMABAD (AP) — A top American military officer says Pakistan has taken steps to prevent fertilizers made in Pakistan from being used for roadside bombs targeting American troops in Afghanistan.Brig. Gen. Robert P. Walters Jr. spoke Monday in I ...more

BOSTON (AP) — NFL owners will vote on the sites of the 50th and 51st Super Bowls on Tuesday at their spring meetings.The San Francisco area, where a new stadium is being built in Santa Clara, and South Florida are competing for the the 50th edit ...more

NEW YORK (AP) — Steven Soderbergh is working on a new currency.In his Chelsea studio, among various film posters and piles of moviemaking mementos, he has a few paintings in progress, including a new, livelier, "more Hendrix" version of a U.S. d ...more

SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.The deal announced Monday represents Mayer's boldest move yet since she ...more

OKLAHOMA CITY (AP) — Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.The appointment of the 46-year-old Lawler comes after a tough year during which Chesapeake's board ousted its founder and the comp ...more

JUBA, South Sudan (AP) — Twenty-four people died in a battle between South Sudan's military and rebel fighters the government believes to be supported by neighboring Sudan, while a tribe-on-tribe cattle-raiding attack elsewhere in the country killed 27 ...more

NEW YORK (AP) — 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.The announcement on Monday comes after the two companies ...more

WELLINGTON, New Zealand (AP) — Hundreds of tons of frozen mutton, lamb and beef from New Zealand have been stranded on Chinese docks after China halted their import due to a certification dispute.China is New Zealand's largest export market and ...more

BANGKOK (AP) — The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief.Benchmark crude for June delivery was down 55 ...more

LONDON (AP) — Stock markets remained relatively solid Monday as evidence of a steady economic recovery in the U.S. continued to shore up sentiment.Following another week, which saw many stock indexes around the world either hit record highs or m ...more