A worker turns a valve at an underground gas storage facility near Striy on Wednesday. Russia has said state-controlled exporter Gazprom will supply China with natural gas via a Siberian pipeline beginning in 2018.
(Gleb Garanich/Reuters/Landov)
May 21, 2014

Russia, China Secure Nearly Half-Trillion-Dollar Gas Deal

In an agreement reminiscent of the early days of the Cold War, Russia has agreed to supply China with hundreds of billions of dollars worth of natural gas via a pipeline from Siberia pipeline to begin pumping in four years.


May 18, 2014

AT&T Agrees To Buy DirecTV In $48.5B Deal

 AT&T says it is buying DirecTV for $95 per share, or $49 billion, a move that gives the telecommunications company a larger base of video subscribers.


The Chevrolet Cobalt is one of several GM models that were recalled for faulty ignition switches. The carmaker is paying a $35 million penalty.
(David Zalubowski/AP)
May 16, 2014

GM Will Pay $35 Million Fine Over Massive Safety Recall

The U.S. Department of Transportation is ordering General Motors to pay a record $35 million civil penalty for its handling of a recall of more than 2 million vehicles for ignition switch problems.


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