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The beef industry is shaped like a bottle: It starts at the bottom with 750,000 small ranches and ends with just four meatpacking plants processing about 82 percent of the beef we eat.

Since a massive earthquake and tsunami led to the meltdown of the Fukushima nuclear reactors just over a year ago, Japan has closed all of its nuclear power plants. Despite public opposition, Japan has announced it will restart two of them by the end of July, ahead of summer's increased power demand.

The board of directors at Rupert Murdoch's News Corp. reportedly has approved a plan that calls for splitting the media conglomerate into two separate companies. The Wall Street Journal, which is owned by News Corp., says one company will be for the newspaper business, and the other for entertainment operations.

House and Senate negotiators are said to have reached a deal to fund highway projects for the next two years. The latest temporary highway bill extension is set to expire Saturday, and for weeks negotiators have been trying to smooth out the differences between House and Senate versions.

European Union leaders meet in Brussels for their latest summit aimed at saving the eurozone from financial meltdown. The top-level meeting will pit German chancellor Angela Merkel against her increasingly unified partners, France, Italy and Spain, which are determined to win concessions from Europe's economic powerhouse.

A Canadian Supreme Court case has the potential to change marriage across the country. In the province of Quebec, partners in a common-law marriage have no legal obligation to support each other if they separate. But that law's validity came into question when the long time de-facto spouse of a Canadian billionaire demanded alimony payments.

JPMorgan Chase announced last month that it had lost $2 billion on a bad trade. Bank CEO Jamie Dimon had said that the losses could double. And now, The New York Times reports the losses could reach as much as $9 billion.

The NBA draft is Thursday, and the likely No. 1 pick has two features that could earn him big money. First, Anthony Davis is expected to make millions with his shot-blocking skills. Second, he has trademarked the catchphrases that his unibrow has inspired: "Fear The Brow" and "Raise The Brow.

Comedian Louis C.K. sold out his tour while bypassing ticket services like Ticketmaster. He sold tickets on his website for a flat fee of $45. He raised $4.5 million.

The company plans to split its publishing and media/entertainment operations. It's responding to investors who don't want to be part of the slow-growing world of newspapers.