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AP Top Business News At 2 p.m. EST

HP's big deal: Tech giant buys Aruba Networks for $2.7B
SAN FRANCISCO (AP) -- Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011....

New FDA official inherits raft of projects, challenges
WASHINGTON (AP) -- One of the nation's leading medical researchers joined the Food and Drug Administration on Monday, taking on the agency's No. 2 leadership job at a critical juncture for prescription drugs, medical devices and tobacco products....

US manufacturing slows as output and hiring weaken
WASHINGTON (AP) -- U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly....

Google to offer own cellular network plan
BARCELONA, Spain (AP) -- Google will soon be offering cellular network plans in a bid to bridge the gap between the realms of Internet services and mobile device software it dominates....

US stocks head higher; Nasdaq touches 5,000 points
NEW YORK (AP) -- Major stock indexes headed higher on Monday as deals and economic news gave stocks a lift. The Nasdaq briefly touched 5,000, the first time the tech-heavy index has hit that mark in nearly 15 years....

Spain: 3rd bailout for Greece being mulled for up to $56B
MADRID (AP) -- Eurozone nations are negotiating a third bailout worth as much as 50 billion euros ($56 billion) for Greece, Spain's economy minister said Monday....

Dot-com deja vu: Nasdaq touches 5,000, nears its record high
NEW YORK (AP) -- The last time the Nasdaq was this high, Bill Clinton was president, your Internet was probably still dial-up, Microsoft dominated the tech world and the iPod, iPhone and iPad didn't exist....

US construction spending down 1.1 percent in January
WASHINGTON (AP) -- U.S. construction spending fell in January, reflecting weakness in spending on office buildings and other nonresidential projects and in government activity....

Lumber Liquidators stands behind products as stock plunges
TOANO, Va. (AP) -- Lumber Liquidators is refuting a "60 Minutes" report that raised health concerns about some of its laminate flooring products and pushed its stock price to its lowest level in more than two years....

Ikea launches furniture with inbuilt wireless chargers
STOCKHOLM (AP) -- Lost that charger again for your cellphone or tablet? Hate sorting heaps of wires to charge various devices?...

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Lumber Liquidators stands behind products as stock plunges

US stocks head higher; Nasdaq touches 5,000 points

US consumer spending, adjusted for inflation, rose in Jan.

Morgan Stanley expects lawsuit from NY Attorney General

Forbes List: 10 richest people in the world

Norfolk Southern names James Squires as CEO

University president tapped to head Philadelphia Fed

Milestones for the Nasdaq composite index

The Nasdaq composite index, then and now

Bill Gates repeats at top of Forbes' list of billionaires