COMPANIES

Despite posting strong quarterly earnings on Thursday, LinkedIn saw its stock yo-yo downwards on Friday, at one point dropping down over 8 percent.

More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession and Italy and Spain are being engulfed by the euro zone sovereign debt crisis.

Mohamed El-Erian has the best explanation of what happened in the markets yesterday. First and foremost, there were ?technical factors?. This doesn?t mean lines on charts and head-and-shoulders patterns and similar astrological nonsense, but rather the dynamics of where investors? money was being held and the amount that the market would fall given a modest downward nudge. Sometimes that number is tiny, but it can fluctuate a lot, and yesterday it just happened to be huge.

Magna International (MG.TO) (MG.TO) (MGA.N), one of the world's biggest auto-parts makers, said on Friday quarterly profit dropped on a weak performance in Europe and it cut its profit margin outlook, sending the shares tumbling.

U.S. job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fresh recession.

When Charles Berry started his career as a bonds trader in 1993, he used to draw "point and figure" charts on pieces of paper. He checked his old charts recently to remind himself how calm markets were in those days. Back then, it took three months for a price to move 200 ticks -- the measure traders use to show changes in futures or currency markets. Now the market moves 400 ticks in a week.

A Texas jury has begun to deliberate the punishment for polygamist Warren Jeffs, a day after he was convicted on two counts of sexual abuse of a child.

There?s no getting around it: In much of the country, this is a terrible time to unload your home.

Getting a lot of out-of-office emails and feeling some vacation envy? You may feel like you?re the only one left in town during these dog days of summer, but that?s not the case.

It's the time of year when new college students start buying notebooks, but after paying the year's tuition bills, notebooks could suddenly become unaffordable.

Army officer Donna Bachler has not had a regular paycheck since she left active duty four years ago, even though she boasts the kind of skills employers vie for.

World stocks sank for an eighth straight session of losses on Friday, with investors racked by worries about the slowing global economy and the dangerous spread of euro zone debt anguish into Italy and Spain.

A scary drop in stocks and commodities threatens to squeeze life out of an already faltering U.S. economy, with deal-making, investment in plants and equipment, and capital raising at risk of slowing down or freezing up.

The latest U.S. oil inventory data contradicts a widely held notion among oil traders that a huge glut of Canadian and U.S. shale crude oil is accumulating in the middle of the United States and causing the record gap in global oil benchmark prices.

Oil tumbled as much as 6 percent on Thursday, with U.S. crude crashing through technical support to its lowest since February as mounting fears of a stalled economy set off a global race from riskier assets.

Gold edged up more than half a percent on Friday as investors used bullion to shelter from the storm engulfing financial markets on concerns that the United States may be facing another recession and Europe's debt crisis is spreading to some of its largest economies.

Boeing Co (BA.N) announced plans to launch its seven-seat spaceship on a test run to the International Space Station in 2015 using Atlas 5 rockets built by its United Launch Alliance venture.

After the terrible rout in markets on Thursday investors spoke of holding fast and even poking around for buying opportunities, but that's hard when the market is likely facing another weak U.S. jobs report on Friday.

Investors fled U.S. stocks and dumped commodities on Thursday, rushing to the safety of government bonds on growing fears the global economy was weakening.

While refinancing is on the rise, many consumers are failing to see benefits from it, the MFAA has claimed.

Executives at a concrete testing company were arraigned on Thursday on charges of falsifying thousands of reports on public and private projects, including the new Yankee Stadium and an air-traffic control tower at LaGuardia Airport.

Cleetus Friedman is convinced consumers will continue to pay a premium for healthier, locally sourced food, despite the sluggish economy that has many watching their wallets.

Wholesale gasoline discounts in Los Angeles were unchanged on Wednesday but the outright price fell due to a drop in in the NYMEX benchmark, traders said.

Digital textbook company Inkling announced Wednesday that is has scored $17 million in second-round funding from Tenaya Capital to compete with major competitors entering the space.

Fluor Corp (FLR.N), the largest publicly traded U.S. engineering company, posted unexpected second-quarter profit growth and said its backlog of work surged to a new record, lifting its stock by 7 percent.

Transocean Ltd (RIGN.VX) (RIG.N), the world's largest offshore drilling contractor, raised its 2011 tax rate guidance for the second time due to a shift in the regional mix of its working rigs.

Los Angeles' restless and ever-changing food scene is hard to define, but it has forced U.S. diners to rethink their concept of what a restaurant is.

We've talked about the rise of New York as a tech hot spot, but the challenge of attracting good engineering and technical talent remains one of the region's biggest hurdles. Now Next Jump, a New York-based rewards and offers provider, is teaming with the New York Stock Exchange to host a major engineering-only recruiting event on the floor of the NYSE.

Automobile production in Brazil rose 3.9 percent BRAOPM=ECI and sales increased 0.6 percent BRASLM=ECI in July from June, the national automakers' association said on Thursday.