American Express Co said President Ed Gilligan passed away on Friday morning. He was 55. Gilligan, a 35-year veteran at AmEx, was named president in 2013, Chief Executive Kenneth Chenault said in a letter to employees and contractors.
A Charter Communications van. The bid for Time Warner Cable would catapult Charter from the fourth-largest cable company to the No 2 slot behind Comcast.
U.S. stocks closed lower on Friday as data showed the economy contracted in the first quarter but indexes still posted gains for the month.
SAN FRANCISCO - Intel is close to clinching a takeover of fellow chip maker Altera for more than $15 billion, a person briefed on the matter said on Friday, the latest sign of consolidation in the semiconductor industry.
Iowans and national leaders were chagrined at the U.S. Environmental Protection Agency's proposal setting the amount of biodiesel and ethanol that should be blended in the nation's fuel supply.