U.S. antitrust regulators gave Google Inc approval to buy mobile advertising rival AdMob, after months of delay and rumor that Google was headed for a court fight with government officials over the transaction.
A federal appeals court on Friday threw out a ruling requiring Verizon Wireless customers to resolve disputes over alleged fraudulent cell phone charges individually through arbitration rather than as a class.
Goldman Sachs Group Inc shares rose as much as 4.5 percent on Friday morning on rumors of a possible settlement with U.S. regulators and a feeling that the stock could be oversold.
Stocks rose on Friday, with bank shares leading a rebound as worries ebbed over the sovereign debt crisis in Europe and an overhaul of U.S. financial regulation.
U.S. state April unemployment rates were higher than a year ago in most states but fell from March 2010 levels in dozens of states, the Labor Department reported on Friday, as recession-fueled joblessness eased.
President Barack Obama will meet on financial reform on Friday with Senator Christopher Dodd, the chairman of the Senate banking committee, and Representative Barney Frank, chairman of the House financial services committee, the White House said.
U.S. regulators and Goldman Sachs Group Inc have not reached an agreement to settle civil fraud charges, sources familiar with the matter said on Friday.
A key lawmaker from Switzerland's largest party said on Friday he expected parliament to back a controversial Swiss-U.S. deal to end a bitter tax dispute over UBS.
Stocks rose 1 percent on Friday, with bank shares leading a rebound from earlier declines as worries ebbed over the sovereign debt crisis in Europe and U.S. financial reform.
Ann Taylor Stores Corp reported higher-than-expected quarterly earnings on Friday, as demand at its women's clothing stores was stronger than anticipated and it benefited from more full-price selling.
Keeping expectations of future price levels intact is vital, especially when interest rates are very low, the Federal Reserve's number two official said on Friday.
Norwegian browser developer Opera Software is moving its data processing capacity to a newly-built center in Iceland, one of the first foreign investment deals for the crisis-hit island as it tries to rebuild its economy.
Borders Group Inc said on Friday that a company controlled by financier Bennett LeBow has taken a $25 million equity stake in the struggling bookseller, making him its largest shareholder.
(Corrects lead to say flash crash was May 6, not last month)
Wall Street was slightly higher in volatile trade on Friday as the S&P 500 fell below the level reached during the market flash crash earlier this month before muscling into positive territory.
The number of mass layoffs by U.S. employers rose in April led by manufacturers who shed workers even as the economy began to recover.
Wall Street was slightly higher in volatile trade on Friday as the S&P 500 fell below the level reached during last month's market flash crash before muscling into positive territory.
The world's largest bilateral trade gap -- and how to narrow it -- will be the focus of high-level China-U.S. talks in Beijing next week, with export barriers taking center stage and the yuan lurking on the side.
Wall Street was set for a lower open on Friday as concerns over the euro-zone debt crisis and U.S. financial reform fractured investor confidence in risky assets.
Prudential boss Tidjane Thiam is struggling to make headway with skeptical investors who question the value of his $35.5 billion acquisition of AIA.
Stock index futures fell on Friday as the recent sell-off stemming from the euro-zone debt crisis and U.S. financial regulation has ruptured investor confidence, causing a flight from risky assets.
Stock index futures fell on Friday as the recent sell-off stemming from the euro-zone debt crisis and U.S. financial regulation has ruptured investor confidence, causing a flight from risky assets.
S&P 500 index June futures contracts fell on Friday below 1,060, the lowest level hit during the still unexplained market plunge on May 6, which some analysts see as technical support level.
The Senate approved a sweeping Wall Street reform bill on Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s.
The Bank of Japan raised its outlook for the economy Friday, citing signs of sustained recovery in domestic demand, but also warned that Europe's debt debacle posed a risk to the global economy.
A meeting on Monday between the top brass of Samsung Electronics Co and Sony Corp will likely focus on further cooperation in LCD panels, with the Japanese electronics maker facing tight supplies in the sector.
China's largest oil producer, PetroChina Co Ltd said Friday it plans to earmark $60 billion to increase its overseas oil and natural gas output. In a statement, the company said it aimed to increase the output to 200 million tons per year, or equivalent to 4 million barrels output per day.
India's wheat procurement hit a record 31 million tones so far and the country is likely to export a major chunk of it mainly due to lack of storing facilities. This season's whet procurement mounted to 31 million tones, almost eight times its target of 4 million, forcing authorities to pile up nearly 7 million tones of grain under tarpaulin in Punjab and Haryana, its two main wheat producing states.
Gold for immediate delivery was seen trading at $1165.41 an ounce at 11.30 a.m Singapore time while US gold futures for June delivery was at $1171.84 an ounce. Equity markets across Asia fell Friday with Japan's benchmark Nikkei average sliding more than 3 percent and hitting a five-month low as exporters were hurt after the yen strengthened against the euro on worries about disunity among euro zone leaders on how to address the region's debt crisis.
The Bank of Japan raised its outlook for the economy by a notch on Friday and announced a loan scheme targeting growth industries, but also warned that Europe's debt debacle posed a risk to the global economy.
