SAN FRANCISCO (MarketWatch) -- Bear Stearns Cos. shares jumped 10% on Wednesday after the New York Times reported that the investment bank is in talks to sell a minority stake to investors including Warren Buffett.
NEW YORK (MarketWatch) -- Chevron Corp. on Wednesday announced plans to buy back up to $15 billion in stock as the energy giant moved to return to shareholders some of its windfall from higher oil prices.
NEW YORK (MarketWatch) -- Monsanto Co. shares hit an all-time high Wednesday after a top executive said that within the next decade, the agriculture and biotechnology giant could triple the number of acres outside the United States being planted with its genetically engineered seeds.
WASHINGTON (MarketWatch) -- Treasury Secretary Henry Paulson and Commerce Secretary Carlos Gutierrez on Wednesday urged lawmakers to make permanent a soon-to-expire moratorium on Internet access taxes.
SAN FRANCISCO (MarketWatch) -- General Motors Corp. shares jumped as much as 10.7% on Wednesday after the Detroit automaker hammered out a deal with the United Auto Workers, marking an end to a two-day strike and allowing production to resume.
NEW YORK (MarketWatch) -- U.S. stocks climbed higher Wednesday, with the early gains tied largely to a tentative deal ending a two-day United Auto Workers strike against General Motors Corp. that could set the stage for other automakers to cut health-care costs.
NEW YORK (MarketWatch) -- Oil and gas shares traded mixed Wednesday as a $15 billion stock buyback from Chevron Corp. was weighed against an unexpected rise in oil inventories.
WASHINGTON (MarketWatch) -- Dell Inc. Chief Executive Michael Dell said Wednesday the computer maker will become "carbon neutral" by 2008 and he challenged the high-tech industry to waste less energy.
BOSTON (MarketWatch) -- Shares of Merrill Lynch were down in afternoon trading Wednesday after analysts at Goldman Sachs cut their profit expectations for the company, saying they see losses triggered by exposure to roiled credit markets.