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Senate clears White House-backed trade bill

WASHINGTON- In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration's hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. Senate passage of the trade bill capped two weeks of tense votes and near-death experiences for legislation the...
Source: The Associated Press
UPDATE 2-Safety measures ordered for failed oil pipeline in California

LOS ANGELES, May 22- Owners of an oil pipeline that burst in California this week must take numerous corrective measures, including an in-depth analysis of factors contributing to the spill and a plan to fix any flaws found, before they can restart the line, U.S. safety officials said on Friday. The corrective action order issued on Thursday by the U.S....
Source: Reuters | By: Steve Gorman
Former CEO's lawsuit against Sands China stays in Nevada

LAS VEGAS- A Nevada judge has decided a wrongful termination case against Macau- based Sands China Ltd. and Sands Chairman Sheldon Adelson can stay in Nevada largely because of the influence Adelson wielded over the company, often from several thousand miles away. District Court Judge Elizabeth Gonzalez issued her ruling Friday afternoon after hearing...
Source: The Associated Press
EXCLUSIVE-Prosecutors probe possible criminal case in California oil spill

SANTA BARBARA May 22- Government prosecutors are investigating the company at the center of the California oil spill for possible criminal sanctions, according to the district attorney of Santa Barbara- a city that helped spawn the modern environmental movement. Perhaps one of the worst places on Earth for a crude oil leak, Santa Barbara is a beautiful...
Source: Reuters | By: Tim Reid
Cramer Remix: Shutting down the haters

"Mad Money" host Jim Cramer on why this market can't stop, won't stop.
Source: CNBC.com | By: Abigail Stevenson
Cramer invests in America-Battlefield to boardroom

Jim Cramer speaks with U.S. Navy SEALs and two organizations that help elite members of the military transition from war zones to business.
Source: CNBC.com | By: Abigail Stevenson
Lightning Round: Don't you dare trade this

Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Source: CNBC.com | By: Abigail Stevenson
Hampton Creek: Bird flu weapon & chicken's BFF

Jim Cramer speaks to the CEO of Hampton Creek Foods on being the perfect solution to the nationwide egg-supply shortage.
Source: CNBC.com | By: Abigail Stevenson
UPDATE 2-Amgen ends partnership with AstraZeneca on psoriasis drug

May 22- Amgen Inc said it will terminate a collaboration with AstraZeneca Plc to develop a psoriasis drug after it observed suicidal thoughts in the subjects of a trial. AstraZeneca could decide on the development and marketing of the drug for all territories, except for Japan and certain Asian territories, where Kyowa Hakko Kirin has the rights to it, Amgen said.
Source: Reuters | By: Amrutha Penumudi
State agrees to pay $7.6M to firm that handled Sandy program

Chris Christie's administration has reached a deal to pay $7.6 million to a firm the state contracted to help handle applications for its Superstorm Sandy housing recovery program. The state Department of Community Affairs reached the agreement on Thursday with Hammerman and Gainer Inc., also called HGI, department spokeswoman Lisa Ryan said.
Source: The Associated Press