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Special Report: Inside Chesapeake, CEO ran $200 million hedge fund

8:41pm EDT

NEW YORK - As chairman and CEO of Chesapeake Energy Corp, Aubrey McClendon has been a powerhouse in the vast U.S. natural gas market, directing the company's multibillion dollar energy-trading operation and setting output targets for America's second-largest producer. | Video

Clinton urges China to help on Iran, North Korea

10:36pm EDT

BEIJING - Secretary of State Hillary Clinton urged China on Thursday to help defuse tension over Iran, North Korea and other global flashpoints, seeking to salvage talks that have been overwhelmed by negotiations over a dissident.

A handout photo from the U.S. Embassy Beijing press office shows blind activist Chen Guangcheng (2nd L) being accompanied by U.S. Assistant Secretary of State for East Asian and Pacific Affairs Kurt Campbell (front R) and U.S. Ambassador to China Gary Locke (C), in Beijing, May 2, 2012. REUTERS/US Embassy Beijing Press Office/Handout

Dissident to stay in China, freedom uncertain

BEIJING - Blind Chinese dissident Chen Guangcheng left the U.S. Embassy in Beijing after days of negotiation between the two governments, but supporters said Chen agreed to the deal reluctantly after his family were threatened with reprisals.  Full Article | Slideshow 

A sign is shown at the headquarters of Oracle Corporation in Redwood City, California February 2, 2010. REUTERS/Robert Galbraith

Oracle rules out settlement with HP

SAN JOSE, California - An Oracle Corp attorney ruled out a settlement with Hewlett-Packard Co in a bitter lawsuit over the Itanium microprocessor, a day after the judge refused to resolve the case for either side before trial.  Full Article 

Former New York City Mayor Rudy Giuliani (L) and former Massachusetts Governor and Republican presidential candidate Mitt Romney visit Engine 24 Ladder 5 in New York May 1, 2012. REUTERS/Allison Joyce

Romney wants voters to see Carter in Obama

CHANTILLY, Virginia - Republican presidential nominee-in-waiting Mitt Romney is likening President Barack Obama's economic record to the weak performance of a Democratic predecessor, Jimmy Carter.  Full Article 

A protester protects a detained "thug" from other protesters who want to beat him during clashes between Islamist protesters and armed "thugs" after an attack on protesters late Tuesday night in Cairo, May 2, 2012. REUTERS /Asmaa Waguih

Eleven killed as Egypt clashes over army rule

CAIRO - Eleven people were killed in Cairo when armed men attacked protesters demanding an end to army rule, prompting several candidates to suspend presidential campaigns and heightening doubts on the transition to democracy.  Full Article | Slideshow 

Amazon CEO Jeff Bezos holds up the new Kindle Fire at a news conference during the launch of Amazon's new tablets in New York, September 28, 2011. REUTERS/Shannon Stapleton

Target to stop selling Amazon's Kindle devices

Target plans to stop selling Amazon.com's Kindle devices, the latest in a series of brawls between the companies fueled by Amazon's increasing competition with brick and mortar retailers.  Full Article 

A view of the City of Arts and Sciences, by architect Santiago Calatrava, is pictured in Valencia April 25, 2012.  REUTERS/Heino Kalis

Valencia: a cruel reflection of Spain's woes

VALENCIA - After spending billions on movie studios and Europe's biggest aquarium, a burst real estate bubble and the collapse of local banks have put Valencia on the brink of a bailout by the Spanish government - which has huge problems of its own.  Full Article 

A gas flare burns at a fracking site in rural Bradford County, Pennsylvania January 9, 2012.  REUTERS/Les Stone

Shale boom causes rise in waste gas pollution

LONDON - The shale energy boom is fuelling a rise in the burning of waste gas after years of decline, according to the World Bank, giving environmentalists more ammunition against the industry.  Full Article 

An undated handout file photo shows "Otzi," Italy's prehistoric iceman. REUTERS/Handout/Files

Italy scientists find oldest human blood

ROME - Scientists examining the remains of "Otzi," Italy's prehistoric iceman who roamed the Alps some 5,300 years ago, said they have isolated what are believed to be the oldest traces of human blood ever found.  Full Article | Video 

Zachary Karabell

Why G-Zero is a good thing

If the G-Zero idea is pushed further, you could be left with a world where the absence of great-power conflict leads not to chaos and anarchy but to stability and, at most, low-level armed conflicts.  Commentary 

Frederick Kempe

China’s political intrigue ventures west

It’s no wonder that the intellectual salons of Washington have grown a bit bored with the U.S. election and have shifted their interest to Chinese domestic politics: the details are juicier, the drama is more immediate, and the historic stakes are more significant.  Commentary 

Christopher Papagianis

Is Uncle Sam ever truly an investor?

A debate about whether or not TARP should be scored as a profit-maker for taxpayers underlines a more important point: should policymakers adopt the same approach that private market participants use to evaluate the prospective return on new investments?   Commentary 

Edward Hadas

What companies are good for

The debate on executive pay is often just a shouting match, in part because there’s no agreement on what bosses are actually paid to do. The “shareholder value” approach provides a simple answer, but one that it is both practically and morally wrong. Aristotle had better ideas.  Commentary 

Steven Brill

Military movers, insuring a pitcher’s arm, and lobbyists against federal travel caps

Why does moving troops out of Japan cost nearly a million dollars per soldier? Can you insure against a pitcher not pitching? And guess who opposes reasonable-seeming curbs on government travel spending?  Commentary 

Jack and Suzy Welch

The Wal-Mart mess: Everybody does it (and we don’t mean bribery)

The Wal-Mart story is most importantly a reminder of the pervasive, even understandable, impulse within companies to ignore whistleblowers because they’re so often time-wasters. And it’s a reminder of why you can’t turn your back on them.  Commentary