 | | | | Chevron Corp on Friday said it will buy oil and gas producer Anadarko Petroleum Corp for $33 billion in cash and stock in a deal that doubles down on its bet on U.S. shale and LNG as U.S. energy production shatters records. | | |
| | | Chevron Corp's proposed $33-billion deal for Anadarko Petroleum vaults the company into top ranks of the world's biggest oil companies and cements its chief executive, Mike Wirth, as a dealmaker. | | |
| | | Global stocks rose on Friday after JP Morgan's results kicked off the U.S. corporate earnings season in style, while signs of stabilization in China's economy also helped riskier assets amid talk that the growth outlook worldwide is better than thought. | | |
| | | California Governor Gavin Newsom released a report on Friday calling for the creation of funds to fight wildfires and proposed that state law should be reformed to reduce liability of utilities, sending PG&E Corp up nearly 12 percent. | | |
| | | U.S. stocks climbed back to near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would pour cold water on Wall Street's big rally back from last year's slump. | | |
| | | Campbell Soup Co said on Friday it would sell its Bolthouse Farms business to an affiliate of private equity firm Butterfly Equity for $510 million, in the U.S. food company's first major sale as part of its plan to reduce debt. | | |
| | | Oil prices rose 1 percent on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data eased concerns about waning crude demand. | | |
| | | General Electric Co will pay a $1.5 billion civil fine to resolve a long-running U.S. probe into defective subprime mortgages from its former WMC Mortgage unit prior to the 2008 global financial crisis. | | |
| | | Investors betting on industrial stocks this year have been rewarded, with the group among the best-performing sectors so far, but that strength will be tested in the coming weeks as companies report results. | | |
| | | With U.S. stocks a stone's throw away from hitting a record high, Wall Street's so-called "fear gauge" slipped to a fresh six-month low on Friday, in a sign investors expect the good times to keep rolling. | | |
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