MANAGEMENT

Asian stock markets ended higher on Wednesday as upbeat U.S. manufacturing data eased worries that the world's biggest economy had lost momentum at the start of the second quarter.

The Asian stock market advanced on Wednesday as sentiment was buoyed following the release of improved manufacturing data in both the U.S. and China.

At the turn of the 20th century, German sociologist Werner Sombart asked: ?Why is there no socialism in the United States??

The Dow Jones Industrial Average closed at the highest level since December 2007, lifted by a better-than-expected national manufacturing report that provided a welcome relief from a slew of disappointing regional manufacturing measures.

Repopulating oyster beds can help clean polluted waterways and provide a healthy habitat for other marine life.

In spite of organizers providing free coffee and bagels, planned May Day demonstrations across New York convened by the loosely organized movement against social and economic inequality known as Occupy Wall Street got off to a wet, slow, sleepy start. Much like the day itself, however, the street actions began warming up into the late afternoon and, by lunchtime, seemed to be close to going into full swing.

Shares of chip designer Integrated Device Technologies Inc. (Nasdaq: IDTI) plunged as much as 15 percent after it announced it would acquire PLX Technology Inc. (Nasdaq: PLXT) for $330 million.

Chesapeake Energy Corp will find an independent, non-executive chairman to replace Aubrey McClendon, who will retain his position as chief executive officer, the natural gas producer said on Tuesday.

Bank of America Corp., the second-largest U.S. bank by assets, will dismiss about 2,000 employees, many of whom earn high salaries, in its investment banking, commercial banking and non-U.S. wealth-management units, according to the Wall Street Journal.

Chrysler Group LLC said Tuesday that U.S. auto sales rose by 20 percent in April, the strongest result in four years and another sign of a resurgent auto industry.

Amar'e Stoudemire showed off the Knicks' inherent selfishness when he punched a fire extinguisher on Monday.

Roy Hodgson has been confirmed as the new manager of the England team and will be unveiled at a news conference taking place at 11 a.m. ET.

An 18-year-old man dressed in a cow cuit lugged 26 gallons of milk out of a Wal-Mart without paying for them. To boot, the thief crawled on all fours out of the store.

China pushes ahead with efforts to create a regional and global alternative to GPS.

Mark Zuckerberg joined Viddy, the short video-sharing app that places an emphasis on effects. The company recently began raising funding in a Series B, which aims to put the company at a $370 million valuation.

Grupa ADV (Pink: GPVSY), a fast-growing Polish media and software group, expects international sales to double this year, said CFO Adam Kuszyk.

In an attempt to capitalize off of the success of Mad Men, AMC has come out with a new original reality TV show called The Pitch. The networks newest show, which premieres on April 30, offers viewers an intense, never-before-seen glimpse in to the world of America's top ad agencies.

Boston takes on Atlanta tonight in game one of their seven game series.

A headscratcher of a report on Chinese industrial profits intensified speculation about just what exactly central bankers in that country will come up with next as the note, by the National Bureau of Statistics (NBS), revealed data that both supporters and detractors of monetary easing in the world's second-largest economy will find justifies their rationale.

Stocks rose modestly on Friday, putting equities on track for a fourth day of gains as more strong earnings partially offset a weaker-than-expected reading on economic growth.

Stocks edged higher on Friday, again driven by strong corporate earnings that partially offset a weaker-than-expected reading on economic growth, extending three days of gains.