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Business News
US stocks head higher; Nasdaq touches 5,000 points
NEW YORK (AP) -- The U.S. stock market headed higher on Monday as deals and economic news gave stocks a lift. The Nasdaq briefly touched 5,000, the first time the tech-heavy index has hit that mark in nearly 15 years....
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Dot-com deja vu: Nasdaq touches 5,000, nears its record high
NEW YORK (AP) -- The last time the Nasdaq was this high, Bill Clinton was president, your Internet was probably still dial-up, Microsoft dominated the tech world and the iPod, iPhone and iPad didn't exist....
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GSK completes transaction with Novartis
LONDON (AP) -- Britain's GlaxoSmithKline PLC and Switzerland's Novartis AG have completed a three-part deal that will offer the British company's shareholders a 4 billion pound ($6.17 billion) windfall....
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University president tapped to head Philadelphia Fed
WASHINGTON (AP) -- The head of the University of Delaware has been selected to be the new president of the Federal Reserve Bank of Philadelphia....
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Buffett declines to clarify plan to eventually replace him
OMAHA, Neb. (AP) -- Billionaire Warren Buffett didn't end the speculation about his eventual successor, but he reiterated Monday that Berkshire Hathaway's board has a plan in place....
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Poll
Do you think 'telecommuting' is effective?
  Absolutely! Even more efficient than the office!
  Yes, but it has its drawbacks.
  No! Too many distractions!
 
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