The euro fell to a nearly nine-month low against the U.S. dollar on Friday as questions persisted about a rescue deal for debt-stricken Greece, while higher-yielding currencies weakened after China unexpectedly raised bank reserves. The euro headed for its fifth weekly drop versus the safe-haven greenback as a lack of details in Thursday's pledge by the European Union to help Greece fanned fears of a wider euro zone debt crisis.
U.S. stocks were slightly lower on Friday, paring losses earlier in the trading session as technology sector stocks led the market.
Microsoft is expected to secure unconditional EU approval for its landmark search deal with Yahoo Inc to challenge market leader Google , sources familiar with the situation said on Friday.
The Vancouver Olympics kicks off tonight, and already more than 60,000 people are there to witness the Olympic cauldron being lit in BC Place stadium during the opening ceremony. Below is a breakdown of the Full Olympics Schedule of 2010:
U.S. technology giant Hewlett-Packard Co won approval from EU competition regulators on Friday for its takeover of 3Com Corp, reinforcing its presence in the network equipment market.
The shuttle Endeavour crew bolted the last connecting module onto the International Space Station on Friday, completing more than a decade of major construction on the outpost.
Seven years after the U.S.-led invasion ushered in democracy, Iraqis making do with a few hours of power a day and living amid mounds of rubbish and pools of sewage wonder if they should vote in a March election
A U.S. high-powered airborne laser weapon shot down a ballistic missile in the first successful test of a futuristic directed energy weapon, the U.S. Missile Defense Agency said on Friday.
A NATO offensive is a hard sell to some Afghans, even if it breaks the Taliban's iron grip on their lives and eventually delivers Western aid.
Republicans and Democrats in the Senate share common ground on financial regulation, but the White House's stance on how to protect consumers from banking abuses remains an obstacle to legislation, a top Republican senator said on Friday
The Dow and S&P edged lower on Friday after a surprise move by China to restrict bank lending, while the Nasdaq was little changed as strength in technology shares offset other losses.
Ingersoll-Rand Plc's fourth-quarter profit and first-quarter forecast fell short of Wall Street expectations as demand for its heating and cooling systems showed few signs of picking up.
Online video sharing service Veoh Networks Inc plans to file for bankruptcy protection and liquidate the business, according to the company's founder.
U.S. consumer confidence slipped in February, but a stronger than expected rise in retail sales last month suggested households were feeling a bit more comfortable to spend and sustain the economic recovery.
U.S. stocks fell on Friday after a surprise move by China to restrict bank lending to cool its surging economy weighed on commodity prices and resource shares.
U.S. consumer sentiment slipped in early February, with high unemployment expected to continue and with most looking for no gain in income or home values in the year ahead, a survey released on Friday showed.
U.S. stocks fell on Friday as investors adjust to a more aggressive monetary policy from China, mixed data on U.S. consumers and disappointing reports of euro zone Gross Domestic Product (GDP).
Ingersoll-Rand Plc posted fourth-quarter earnings that missed Wall Street's expectations, as weak nonresidential construction activity hit demand for heating and cooling systems.
(Corrects paragraphs 11 and 12 to show 2010 EPS forecast revised up, not down; error first occurred in update 2)
Former President Bill Clinton arrived home early on Friday following a successful heart procedure at a New York hospital to open a blocked artery in his heart that had caused him chest discomfort.
Republicans and Democrats in the Senate share common ground on financial regulation, but the White House's stance on how to protect consumers from banking abuses remains an obstacle to legislation, a top Republican senator said on Friday.
Stocks tumbled on Friday after a surprise move by China to increase bank reserve requirements raised worries about the impact of monetary tightening on global growth, weighing on commodity prices and resource shares.