(Reuters) - Chesapeake Energy Corp said it had received a $3 billion loan from Goldman Sachs and Jeffries Group that will give it breathing room to sell assets and close a funding gap this year. The unsecured loan will be used to repay money borrowed under its existing $4 billion revolving credit facility, Chesapeake said. "This short-term loan from Goldman and Jefferies provides us with significant additional financial flexibility as we execute our asset sales during the remainder of 2012," Chief Executive Aubrey McClendon said in a statement. ...

Decades after a heart condition forced him to retire from racing, Carroll Shelby still loved to drive muscle cars. Well into his 80s, the legendary car designer spent hours testing his last Mustang Shelby GT500, which sets a new record for horsepower and hits a top speed of more than 200 miles per hour.

BEIRUT (Reuters) - An explosion hit Syria's northern city of Aleppo on Friday, close to the ruling party headquarters, the Syrian Observatory for Human Rights said. The activist group said no one was killed by the blast itself but one guard at the headquarters died, apparently in a round of gunfire that followed the explosion. "Initial details indicate that the Aleppo blast was targeting the local branch of the ruling Baath party and there is no information until now on the number of victims that fell in the explosion," the British-based group said in an email. ...