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Business

Lease to Broadway's biggest theatre sold to British company Ambassador Theatre Group

NEW YORK, N.Y. - Britain's biggest theatre group has reached across the Atlantic Ocean and bought the lease to Broadway's largest theatre from Live Nation Entertainment for about $60 million.

United Airlines resumes 787 flights after 4-month halt, with flight from Houston to Chicago

United Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane's four-month grounding behind them.

Apple uses companies outside US to avoid paying billions in taxes, Senate inquiry finds

WASHINGTON - The world's most valuable company, Apple Inc., employs a group of affiliate companies located in Ireland to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found - and its CEO will be questioned Tuesday.

Actavis buying Warner Chilcott in all-stock transaction valued at about $8.5 billion

NEW YORK, N.Y. - Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market.

AEG executive testifies company spent $24 million on ill-fated Michael Jackson concerts

LOS ANGELES, Calif. - An accounting executive for AEG Live LLC testified on Monday that the company spent $24 million producing Michael Jackson's ill-fated "This Is It" concerts.

Small company stocks take limelight as Russell 2000 index climbs above 1,000 for first time

NEW YORK, N.Y. - Small-company stocks were a bright spot in a slow and choppy start to the week for Wall Street.

NBC hires Deborah Turness of Britain's ITV as news division president; 1st woman to hold job

NEW YORK, N.Y. - NBC went out of the company and out of the country to find a president for its news division, on Monday naming the first woman to hold the top job.

Broadway's biggest theatre sold to British company Ambassador Theatre Group

NEW YORK, N.Y. - Britain's biggest theatre group has reached across the Atlantic Ocean and bought Broadway's biggest theatre from Live Nation Entertainment for about $60 million.

Yahoo buys blogging forum Tumblr for $1.1 billion in boldest move yet under CEO Marissa Mayer

SAN FRANCISCO - Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.

Wheat and soybean futures rise on the CBOT; beef and pork prices also rise

CHICAGO - Grains futures were mixed Monday on the Chicago Board of Trade.

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