"Tell me the case where you need it?," T. Boone Pickens said of the US's strategic petroleum reserve. Getting rid of it would save the country "one heck of a lot of money," he said.
Liberty Media bought a 27.3 percent stake in Charter Communications on Tuesday, taking advantage of a "rare" opportunity to buy a stake in the cable operator. "We're very happy" with the purchase, CEO Greg Maffei said.
Right now, China's energy-hungry economy appears more important to oil markets than instability in crude-producing countries. Yet analysts say the world's second-largest economy has less pull on market prices than it did even a few short years ago.
Gasoline prices, which have been on a near-relentless surge since late 2012, may be showing tentative signs of easing, according to an AAA report.
Moving to make its user interface more visual, Facebook unfurled new changes in an effort to create what its chief executive called a "personalized newspaper."
Containing health care costs, promoting innovation and the treatment of deadly diseases are among the biggest challenges the U.S. faces, Johnson and Johnson CEO Alex Gorsky said on Thursday.