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Chesapeake Energy hires Anadarko executive as CEO: WSJ
(Reuters) - Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon, the Wall Street Journal reported, citing people familiar with the matter.

Analysis: Shrinking deficit reduces pressure for budget deal
WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading.

Insight: The road to a greener America is littered with road-kill
LOS ANGELES (Reuters) - In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp.

Infosys to challenge latest tax demand of $105.3 million
BANGALORE (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month.

SAC Capital's Cohen gets subpoena to testify: NY Times
(Reuters) - Steven A. Cohen has received a subpoena to testify before a grand jury in a U.S. government insider trading investigation into his hedge fund SAC Capital Advisors, the New York Times reported, citing lawyers and executives briefed on the case.

Senators avoid 3-0 deficit with double OT win over Pens
(Reuters) - The Ottawa Senators clawed their way back into their Eastern Conference semi-final series against Pittsburgh on Sunday, Colin Greening's goal in double overtime giving them a 2-1 win over the Penguins in Game Three.

Childhood ADHD tied to obesity decades later
NEW YORK (Reuters Health) - Boys who are diagnosed with attention-deficit/hyperactivity disorder (ADHD) in elementary school are more likely to grow up to be obese adults than those who don't have the condition, a new study suggests.

Imran Khan's party wins revote in Karachi, protests expected
ISLAMABAD (Reuters) - Cricket hero Imran Khan's Pakistan Tehrik-i-Insaf party won a revote in an upmarket constituency of Karachi on Sunday, unofficial results showed, a day after gunmen killed a party leader, setting the stage for protests and counter-protests.

Justin Bieber, Taylor Swift big winners at Billboard Awards
(Reuters) - Pop stars Justin Bieber and Taylor Swift won the big prizes on Sunday at the Billboard Music Awards, which also honored legendary performers Madonna and Prince.

Yen edges up from lows, Asian shares rise
SINGAPORE (Reuters) - The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data.

Newer whooping cough vaccine not as protective
NEW YORK (Reuters Health) - A newer version of the whooping cough vaccine doesn't protect kids as well as the original, which was phased out in the 1990s because of safety concerns, according to a new study.

Analysis: At margins of shale oil boom, a tempered euphoria
HOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market.

Insight: The fight for North Dakota's fracking-water market
WATFORD CITY, North Dakota (Reuters) - In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting."

Powerful tornadoes strike in four central U.S. states
(Reuters) - A massive storm front swept north through the central United States on Sunday, hammering the region with fist-sized hail, blinding rain and tornadoes, including a half-mile wide twister that struck near Oklahoma City. News reports said at least one person had died.

Venezuela says taking steps to restore U.S. diplomatic ties
CARACAS (Reuters) - Venezuela's recent designation of an acting head of its diplomatic mission in the United States shows the OPEC nation's desire to restore full diplomatic relations, the foreign minister said in an interview broadcast on Sunday.

Japan government upgrades economic assessment for first time in two months
TOKYO (Reuters) - Japan's government upgraded its assessment of the economy in May for the first time in two months, in a sign growth is accelerating as exports and factory output pick up.

Yen edges up from lows, Asian shares firmer
SINGAPORE (Reuters) - The yen pulled up from a 4-1/2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar to a low of 102.00.

Rays' Moore stops Orioles for 8-0 start
(Reuters) - Tampa Bay's Matt Moore matched a 1917 start by Babe Ruth as he improved to a Major League-leading 8-0 in the Rays' 3-1 victory over the Baltimore Orioles on Sunday.

At least one reported dead as tornadoes hammer Oklahoma, Kansas and Iowa
NEW YORK (Reuters) - A tornado half a mile wide struck near Oklahoma City on Sunday, part of a massive storm front that hammered the central United States. News reports said at least one person had died.

On fleeting Hong Kong trips, Chinese make frugal fashionable
HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favor.