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Stock futures higher as oil prices rebound

U.S. stock index futures were higher as oil prices rebounded, while investors awaited economic data for a reading on the health of the economy.

Recent Business News

'Pharma bro' Martin Shkreli heads into fraud trial

NEW YORK Martin Shkreli, the pharmaceutical entrepreneur vilified as the "pharma bro" for raising the price of a life-saving drug by 5,000 percent, will go on trial on Monday for what U.S. prosecutors called a Ponzi-like scheme at his former hedge fund and a drug company he once ran.

6:08am EDT

Clogged oil arteries slow U.S. shale rush to record output

GUERNSEY, WYOMING A gallon of gasoline that allows a driver on the U.S. East Coast to travel about 25 miles has already navigated thousands of miles from an oil field to one of the world's largest fuel markets.

7:37am EDT

Facebook in talks to produce original TV-quality shows: WSJ

Facebook Inc is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, the Wall Street Journal reported on Sunday.

EU court seen ruling on Intel antitrust case next year: judge

PARIS Europe's top court is likely to rule on Intel's appeal against a record 1.06 billion euro ($1.19 billion) EU antitrust fine next year, an EU judge said on Monday, a case that may affect companies such as Google and Qualcomm in the EU's crosshairs.

5:08am EDT

Pharmacy executive tied to 2012 U.S. meningitis outbreak to be sentenced

BOSTON A former Massachusetts pharmacy executive who was convicted of racketeering and fraud charges for his role in a deadly U.S. meningitis outbreak in 2012 is scheduled to be sentenced on Monday.

7:27am EDT

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