Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total value of $188.24 per Allergan share.Biotech and Pharmaceuticalsread more
"What else do you have to do that will actually have to affect the Iranians' calculus?" said Amos Hochstein, who served as U.S. special envoy for international energy affairs...World Politicsread more
Reports of tensions may have been sparked by Kraft Heinz's underperformance and because of accounting problems at the packaged goods company.Investingread more
SpaceX used its high speed boat called "Ms. Tree" to catch the nosecone its Falcon 9 rocket after Monday's launch.Investing in Spaceread more
FedEx sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese...Traderead more
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.Trading Nationread more
The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Citi Private Bank says it has maintained an "overweight" stance on stocks in China, Hong Kong, Taiwan and South Korea.Asia Marketsread more
Stocks in Asia slipped on Tuesday, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the...Asia Marketsread more
A week of dovish fireworks out of the central banking community has just gone by with most of the world's leading central banks now guiding towards easing in light of downside...Commentaryread more
A plan to split California into six separate states may be coming to a ballot in 2016.
Venture capitalist Tim Draper said on Tuesday that he has enough signatures to qualify his six-state initiative for a ballot in two years, according to the Los Angeles Times.
Draper told the Times that he would be filing his petition in Sacremento on Tuesday, but authorities will have to review the filing before it could be brought to a public vote. Even if California voters were to pass the law, however, the U.S. Congress would have to approve the measure in "a long-shot scenario that has prompted plenty of eye-rolling," according to the Times.
"This is a colossal and divisive waste of time, energy and money," Steve Maviglio, a spokesman for a group opposing the plan, told the Times.
Draper's campaign is not deterred. A statement posted on its website Monday emphasized that "California needs a reboot," the Times reported.
—By CNBC staff