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  • Tesla Unveils Stock Offering

    Published May 15, 2013

    The maker of electric cars plans to pay off a loan from the Department of Energy with the proceeds from an offering of common stock and convertible senior notes.

  • Gasoline Prices Rise in May

    Published May 15, 2013

    Planning a spring getaway? Get ready to shell out more money at the pump as prices climb by a nickel from last week. 

  • EA Opens L.A. Studio to Develop ‘Stars Wars’ Games

    Published May 15, 2013

    EA opened a new Los Angeles studio to help attract talent from rival game developers, just weeks after announcing a 10% cut in its workforce.

  • Computer Sciences Swings to 4Q Profit

    Published May 15, 2013

    Computer Sciences turned a profit in the fourth quarter despite missing revenue estimates, as lower operating costs and a tax benefit boosted the technology services company.

  • ESPN to Expand Video Partnership with Twitter

    Published May 14, 2013

    ESPN plans to post sports video highlights on Twitter in near real-time, as the sports network and micro-blogging service expand their partnership to create new opportunities for advertising revenue.

  • Elliott Suggests Merger of Hess and Shareholder Nominees

    Published May 14, 2013

    The activist shareholder suggested the two sides combine their slates of five nominees to create a reconstituted board.

  • U.S. Oil Boom Ricochets Around the World

    Published May 14, 2013

    Oil Tide Turns: Thanks to a boom in domestic shale oil production, the U.S. is set to overtake Russia as the world’s largest non-OPEC producer.

  • Sherwin-Williams Signs Multi-Year Pact With NASCAR

    Published May 13, 2013

    Sherwin-Williams agreed to a multi-year partnership with NASCAR to become the racing circuit’s official paint.

  • Chrysler to Recall 301K Jeep and Ram Vehicles

    Published May 13, 2013

    Chrysler said it will recall 301,283 vehicles to address several issues, including a problem that could cause some to shift into neutral.

  • Hess Concedes Two Board Seats to Elliott

    Published May 13, 2013

    Hess said it will add to its board two directors nominated by activist shareholder Elliott Management, as long as the oil company’s own slate of five nominees is elected. Five Elliott nominees earlier said they abandoned a compensation plan that drew Hess's ire.