UnitedHealth to Keep Health-Law Provisions

UnitedHealth said it plans to keep offering several health-insurance benefits now required under the federal health overhaul legislation, even if the Supreme Court strikes down the entire law.

Brown: No Call With Rupert Murdoch

Former U.K. Prime Minister Gordon Brown, contradicting earlier testimony by media mogul Rupert Murdoch, said he never threatened retaliation against News Corp. after the Sun newspaper withdrew its support for the then-prime minister in 2009.

Sirius Opposes Liberty's FCC Request

Sirius XM Radio urged the FCC to reject the latest application by shareholder Liberty Media to take effective control of the satellite-radio operator.

Dow Snaps Winning Streak

The Dow Jones Industrial Average declined 142.97 points, or 1.1%, to 12411.23. The blue-chip benchmark gave up a morning advance of as much as 96 points as optimism about the bailout faded.

NetJets Readies a Big Plane Order

NetJets said it plans to buy up to 425 aircraft from Cessna and Bombardier worth up to $9.6 billion, in the largest ever purchase of private planes.

China Data Signal Some Strength

China's exports and imports both rose sharply in May, while inflation slowed—hopeful signs for the world's No. 2 economy. Reduced price pressure also leaves room for more stimulus.

Warner Bros. Buys Developer of Teen Shows

Warner Bros TV is buying Alloy Entertainment, the intellectual-property rights holder behind hit shows including "Vampire Diaries," "Pretty Little Liars," and "Gossip Girl."

IPOs Dry Up Post Facebook

The U.S. has gone three weeks without an initial public offering, the longest drought in about five months.

Huadian Fuxin Energy Secures Cornerstone Investors

Huadian Fuxin Energy plans to raise up to $340 million in a Hong Kong IPO, even as other companies have pulled or delayed listings due to volatility.

Gupta Labeled as 'Truthful'

Lawyers for Rajat Gupta tried to demonstrate that the former Goldman Sachs director was a man of integrity, not someone, as alleged by prosecutors, who would leak confidential information about the investment bank.

Chinese Lenders Pick Up Pace

New yuan loans issued by Chinese financial institutions totaled $125.6 billion in May, up 16% from April's total and above expectations.

Treasury Lengthening Debt Maturity

The U.S. Treasury is continuing to lengthen the average maturity of its debt, trying to save taxpayers money by locking in extraordinarily low long-term rates, but diluting the impact of the Federal Reserve's campaign to cut those rates.

Omnicare Names Interim CEO

Nursing-home pharmacy operator Omnicare named President and Chief Financial Officer John Workman as its interim chief executive to succeed John Figueroa, who resigned from the post he held for 17 months.

Outlook Darkens for Asian Airlines

Global aviation trade group IATA cut its 2012 profit forecast for airlines in Asia, while raising the forecast for airlines in North America and widening the projected loss for airlines in Europe.

'Madagascar' Roars at Box Office

"Madagascar 3: Europe's Most Wanted" claimed the top spot, earning $60.4 million in North America. Ridley Scott's "Prometheus came in second, with receipts of $50 million.

Allied Systems Files for Chapter 11 Protection

Allied Systems Holdings, a new-car transport firm, filed for Chapter 11 bankruptcy court protection, its second since 2005, after lenders petitioned for a court-ordered restructuring.

Diamond Foods Faces Possible Delisting

Diamond Foods said it will miss a deadline to file restated financial reports and expects Nasdaq will notify the snack foods company that it faces a delisting

EU Officials Try to Clarify Privacy Laws

European officials are mounting a new push to clarify—and enforce—rules involving small Internet files that can be used to track users, exposing the slow progress of Europe's plan to implement far-reaching privacy rules.

Facebook User Growth Slows

Facebook went public last month on its prospects for growth. But in some areas, the social network's growth rates are already maturing.

Treasury to Sell Stakes in Seven Banks

The Treasury Department began to sell stakes it holds in seven banks that received bailout funds during the financial crisis, continuing the slow process of winding down the Troubled Asset Relief Program.