... * Q1 GDP data shows economy contracted. * Corporate earnings post biggest fall in a year. * United Rental down 3 pct, weighs on industrials.
Broadcom Corp. co-founder Henry T. Nicholas III had at least two things to celebrate Thursday -- the sale of his company for $37 billion to a rival chipmaker, and his son Matthew's high school volleyball team playing in the CIF regional semifinals.
... * Dollar back on solid ground after weeks of weakness. * Chinese shares steadier after Thursday's plunge. * European markets inch lower, wary eyes on Greece.
Teva Pharmaceutical Industries Limited (TEVA - Analyst Report) has been asked by the Federal Trade Commission (FTC) to pay $1.2 billion to settle all antitrust charges leveled against its Cephalon unit for illegally delaying the launch of generic versions of ...
MANHATTAN BEACH, Calif. (AP) - A 7-mile stretch of Southern California coastline that was closed to swimmers and surfers after globs of oily goo washed ashore could reopen Friday after a two-day cleanup effort.