- Pope Francis wins another ‘Person of the Year’ — from gay rights magazine
- Rep. Steve Stockman: Give my campaign $10, and you’ll get an Obama barf bag
- Putin: Russia to buy $15 billion in Ukraine bonds
- Expert: Obamacare ‘death spiral’ fears exaggerated
- Alabama firefighters dig for survivors of apartment blast
- Big Sur wildfire destroys home of firefighting chief
- ‘ ’Twas the Night Before Christmas’ set for mock trial to argue authorship
- Angela Merkel’s third term as Germany’s chancellor to be marked by move to left
- Mega Millions entices with record-setting jackpot: Half a billion so far
- Dennis Rodman heads to North Korea — despite execution, political purge
Weary investors sell stocks as Spain seeks help
Borrowing costs rose for Spain and Italy, a sign of skepticism that those countries will be able to pay their debts. The yield on Spain’s 10-year government bond rose 0.16 percentage point to 6.58 percent. Last week the yield hit 7.18 percent, the highest since the country started using the euro.
Among other stocks making big moves Monday:
• Teva Pharmaceutical Industries gained 4 percent after the drugmaker said a federal court reaffirmed patents protecting its multiple sclerosis treatment Copaxone. The stock jumped $1.71 to $39.72.
• Chesapeake Energy dropped 8 percent. Reuters reported that the company colluded with a Canadian rival to suppress land prices in areas that were considered rich in oil and natural gas. The stock lost $1.58 to $17.03.
• Pfizer and Bristol-Myers Squibb both sank after federal regulators delayed approving their highly touted blood-thinning drug, Eliquis. Bristol-Myers’s stock dropped 3 percent, or $1.23, to $34.13. Pfizer’s fell 1 percent, or 26 cents, to $22.47.
• AP business writers Bernard Condon and Christina Rexrode contributed to this story.
By John R. Bolton
The president fiddles at his domestic altar while the world burns
- PRUDEN: The scam that will not die
- Wasted: Tom Coburn's 'Wastebook targets 70 days in bed, Facebook
- Robert E. Lee and 'Stonewall' Jackson tributes face Army War College removal
- BOLTON: Nero in the White House
- Zadzooks: The Joker sixth scale figure review (Sideshow Collectibles)
- House seeks Fast and Furious gun-walking documents
- Army to cut up to 4,000 captains and majors
- Embassy Row: India strikes back over diplomat's arrest
- Domino's launches its first vegan pizza
- OBAMASCARE: Huge premium hikes rock employer-insured workers
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