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Wall St flat as rally fades, Greece weighs

U.S. stocks were little changed on Friday as a morning rally lost steam and worries about the long-term outlook for Greece's shaky finances curbed investors' appetite for risk.

Heard the one about Goldman Sachs and the volcano?

Did you hear that Goldman Sachs made the Iceland volcano erupt? It did pretty well shorting airlines.

Novo's Victoza beats Merck drug in diabetes study

(Reuters) - Novo Nordisk's new diabetes drug Victoza proved more effective than Merck & Co's Januvia in a head-to-head study, boosting prospects for a product that has got off to a strong start in key markets.

1976 shot may protect against modern swine flu

(Reuters) - People who got immunized against the 1976 swine flu epidemic that never happened may have benefited from the shots after all -- they may have been protected from the 2009 H1N1 swine flu strain.

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A long drive to global dominance for China carmakers

Chinese car makers may have the world's largest market to play in but face many hurdles including a shortage of original models, an overcrowded industry and a lack of overseas acquisition targets before they can challenge for global leadership.

Home prices slipped in February: regulator

U.S. home prices fell 0.2 percent on a seasonally adjusted basis in February and dropped 3.4 percent in the year, the Federal Housing Finance Agency said on Thursday.

Wall Street set to open flat on earnings, Greece

Wall Street was set to open little changed on Friday as investors weighed strong earnings against Greece's move to trigger an aid package that could become the largest state bailout ever attempted.

Durable goods orders ex-transportation surge

New orders for long-lasting manufactured goods excluding transportation last month posted their largest gain in more than two years, suggesting the economic recovery was gathering momentum.

Durable goods orders drop unexpectedly

New orders for long-lasting U.S. manufactured goods unexpectedly dropped in March as civilian aircraft bookings plunged, but recorded their largest gain in more than two years excluding transportation, government data showed on Friday.

G20 plots post-crisis path

World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis, but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.

Stock futures edge up as Greece moves on aid deal

U.S. stock index futures rose slightly on Friday as Greece asked the European Union and International Monetary Fund to trigger an aid package in what could be the largest state bailout ever attempted.

Stock futures rise as Greece moves on aid deal

U.S. stock index futures rose on Friday as Greece asked the European Union and International Monetary Fund to trigger an aid package in what could be the largest state bailout ever attempted.

Ericsson Q1 margin helps shares despite sales slide

Shares in mobile telecom gear maker Ericsson rose sharply on Friday, defying weak first-quarter results, as investors took heart from falling costs and prospects for a recovery.

Whipping boy EUR/USD ??

Good morning dear traders,EURUSD had no easy day yesterday. Especially the Euro was the whipping boy of the day. Don´t you think so? Sure, it was a perfect day for short traders, but ...

Greece worries hammer euro, stocks slide

Stop-loss selling hammered the euro to a one-year low on Friday on heightened speculation Greece would have to seek a bailout to avoid default, while Asian shares fell, dragged down by resource and financial stocks.

G20 plots post-crisis path; Greece dampens hopes

World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.

Denver spirits drop as Qwest deal announced

Spirits sank in the Mile High City on Thursday as hometown telephone company Qwest said it would be taken over by a Louisiana company, the third strike in two years for Denver after the loss of Coors beer and Frontier Airlines.

American Express, Capital One emerge from crunch

American Express Co sounded optimistic about future client spending, even as Capital One Financial Corp cautioned that its customers are not borrowing as much as they used to.

China drives past US as world's No.1 auto market

China's auto market, which overtook the United States as the world's largest last year thanks to a raft of policy incentives, has been a major bright spot amid a global industry downturn.

Second-hand smoke ups risk of sinus, nasal problems

New research shows that second-hand smoke could be to blame for chronic itchy, runny nose and sinus woes - also known as rhinosinusitis -- that plague one in every six US adults.

Fed seen renewing extended rate pledge

The U.S. Federal Reserve is expected to surprise no one on Wednesday by holding interest rates near zero and repeating its vow of an extended period of very low rates at the conclusion of a two-day policy meeting.

South Park airs censored episode after threat

Satirical animated TV show South Park beeped out the words Prophet Muhammad and plastered its Wednesday episode with the word CENSORED after being issued a grim warning by a U.S. Muslim group.

Boeing CEO hits Airbus tanker over subsidies

Boeing Co's chief executive said government subsidies received by archrival Airbus give the European aircraft builder a significant advantage in their rematch for a potential $50 billon U.S. Air Force aerial-refueling fleet contract.

Obama scolds Wall St for resisting reform

President Barack Obama scolded Wall Street on Thursday for its furious efforts to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented

Continental in red; Southwest posts profit

Severe winter weather and higher fuel costs pinched Continental Airlines Inc's first-quarter results on Thursday and the company posted a larger-than-expected loss despite a jump in revenue.

Profits boost lifts market

Stocks staged a late-day comeback on Thursday as strong quarterly profits from consumer bellwethers like Starbucks Corp outweighed worries about Greece's shaky finances.

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