Some oil traders say they try to skew Platts oil-price benchmarks by offering to do small deals at a loss, with the goal of doing bigger ones at better prices.
Since becoming Biogen Idec's CEO three years ago, George Scangos has helped quadruple the company's market value. Now, he is under pressure to successfully guide the launch of its MS drug Tecfidera.
Chrysler said it would recall 1.56 million Jeeps to strengthen the vehicles, reversing course after initially rejecting a regulator's request for a larger recall after a study found a high rate of fire after collisions.
Christie's London sold $100.4 million of Impressionist and modern art, including a $21.2 million Kandinsky, but the sale lacked the fever-pitch sizzle of similar sales in February and May.
Stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures.