National News

Chesapeake tumbles on debt snag

Shares of Chesapeake Energy plunged late Friday after the heavily indebted firm revealed that it may be forced to delay some asset sales.... More

Dumb and dumber: Avoid the big banks

Looks like Twitter isn't the only company with a fail whale.... More

Auto designer, racer Carroll Shelby dies

Carroll Shelby, most famous for creating high-performance road and racing cars bearing his name, died Thursday in Dallas, Texas. He was 89 years old.... More

Know the real costs of starting a business

How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.... More

Bank stocks take a hit on JPMorgan woes

JPMorgan Chase's multi-billion dollar trading blunder dragged down bank stocks Friday, undermining investor confidence in other Wall Street finance firms.... More

Stocks end lower as bank shares weigh

Stocks finished lower Friday, ending a down week for the major indexes, as weakness in the banking sector weighed on the market.... More

Fitch downgrades JPMorgan Chase

The closing bell brought no relief for JPMorgan Chase on Friday, as a major credit rating agency moved to downgrade its debt almost exactly 24 hours after the bank revealed a $2 billion trading loss.... More

LinkedIn has 'zero interest' in buying Monster

Shares of Monster Worldwide soared almost 22% on Friday after a news report said LinkedIn has expressed interest in buying the online job-search company.... More

Chesapeake's CEO, Aubrey McClendon, earned $108 million from well sales

Chesapeake Energy CEO Aubrey McClendon has personally earned over $100 million from sales of the company's drilling wells as part of a controversial compensation arrangement, the firm revealed Friday.... More

Facebook co-founder renounces U.S. citizenship

Eduardo Saverin, one of Facebook's four co-founders, has renounced his U.S. citizenship, according to the Internal Revenue Service.... More

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