Many U.S. small businesses are optimistic about growth and see the economy improving in three to six months, according to a survey released on Friday.
The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.
Allos Therapeutics said U.S. health regulators granted accelerated approval for its drug Folotyn to treat one of the most deadly and aggressive types of white blood cell cancers, sending its shares up 6 percent.
China's top video game operator, Shanda Games, priced its $1 billion U.S. IPO at the top of an indicative range, as firms globally make bold moves to capitalise on a spike in investor confidence.
Sales of newly built U.S. single-family homes rose to their highest level in nearly a year in August, according to government data on Friday that indicated the housing market was gradually recovering from a three-year slump.
Nearly one out of five U.S. drivers surveyed has read or sent a text message while behind the wheel, even though nearly all of the respondents in an AAA survey released on Friday considered such action unacceptable.
Homebuilder KB Home reported a deeper quarterly loss than Wall Street expected, and its chief executive warned he does not expect meaningful improvement in the U.S. housing market in the near future.
The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China are much more relevant, according to a draft communique.
General Motors Co GM.UL could extend its offer of a 60-day, money-back guarantee for consumers when the marketing program expires at the end of November, GM Vice Chairman Bob Lutz said on CNBC on Friday.
Morgan Stanley is outrunning archrival Goldman Sachs as 2009's busiest adviser on mergers as optimism grows that the crippling effects of the financial crisis on dealmaking may be easing.
The Group of 20 will take on the role of caretakers of the global economy, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.
An experimental AIDS vaccine made from two failed products has protected people for the first time, reducing the rate of infection by about 30 percent, researchers said on Thursday.
Nycomed, the private equity-owned Swiss drugmaker, is looking at sweetening its bid for Solvay's drugs unit with the Belgian chemical and drug maker's board set to meet to decide on the unit's future.
Protesters smashed shop windows and threw rocks at police on Thursday as officers in riot gear used pepper gas and batons to disperse their march against capitalism at the Group of 20 summit in Pittsburgh.
Ford Motor Co (F.N) announced on Thursday plans to build a new $490-million flexible assembly plant in China, its third in the country, increasing annual production capacity by one-third to meet growing demand.
Allied Irish Banks would gain 2 billion euros ($2.9 billion) in cash by selling its stakes in two U.S. and Polish banks, but wants to keep its holding in Poland's BZ WBK BZWB.WA, a brokerage said on Friday.
Most Palestinians who want a state of their own would like to achieve it through a peace deal with Israel but there is still substantial support for the Islamist Hamas group which favors resistance, according to a new opinion poll.
Myanmar's detained Nobel laureate Aung San Suu Kyi will support U.S. plans to engage with the isolated nation but only if opposition groups are involved in any dialogue, her party said.
U.S. President Barack Obama and other Western leaders accused Iran on Friday of building a secret nuclear fuel plant and demanded Tehran immediately halt what he called a direct challenge to the international community.
Ford Motor Co (F.N) said it expects to return to the black in 2011, as it expanded ties with the fast-growing and lucrative China market with plans to build a new $490 million plant there.
European Union antitrust regulators are seeking to ensure that an offer by U.S. software company Microsoft to give users the chance to choose rivals' Web browsers was workable for consumers and its rivals.
Wall Street was set for a lower open on Friday on doubts about the strength of the economic recovery, after data showed new orders for durable goods unexpectedly fell in August.