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Updated 6 minutes ago
In Moore, Oklahoma, an area residents call Tornado Alley because it’s struck by more ferocious twisters than anywhere in the U.S., two schools hit by yesterday’s storm lacked “safe room” shelters that would have cost $600,000 to $1 million per building to retrofit.
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Updated 25 minutes ago
Actavis Inc.’s $5 billion deal to buy Warner Chilcott Plc brings in a new stable of brand-name women’s health drugs. It also comes with headquarters relocated to Ireland and lower taxes for the combined company.
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Updated 3 hours, 9 minutes ago
President Barack Obama promised to make all federal resources available to the people of Oklahoma after a mile-wide tornado ripped through the Oklahoma City suburb of Moore and killed at least 24 people.
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GEO Specialty Chemicals Inc., a U.S. additives maker, hired Nomura Holdings Inc. to help find a buyer, according to two people with knowledge of the situation.
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The New York Yankees defeated the Baltimore Orioles 6-4 for their third straight victory, tying the game on Travis Hafner’s ninth-inning home run before winning it with two runs in the 10th.
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Emerging-market stocks advanced to a one-week high as a stronger Japanese currency lifted global exporters. The Jakarta Composite Index surged to a record.
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Natural gas futures advanced to the highest settlement price in almost three weeks on forecasts for above-normal temperatures that would boost demand for the power- plant fuel to run air conditioners.
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U.S. nuclear-power generation rose to the highest level in 10 weeks as reactors in Connecticut and Michigan finished refueling.
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Matt Moore became the youngest American League left-handed pitcher to start a season with an 8-0 record since Babe Ruth in 1917, allowing one run over seven innings as the Tampa Bay Rays beat the Baltimore Orioles 3-1.
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Petroleo Brasileiro SA is finding it hard to pump oil at one of Brazil’s largest prospects, three people with knowledge of the project said, signaling its venture with BG Group Plc and Galp Energia SGPS SA may have higher costs or slower development than at other offshore fields.
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