IBT Staff Reporter

Coca-Cola Co's Simply Orange juice brand isn't simply orange juice, according to a lawsuit filed against the beverage company on Friday.

The largest U.S. banks including Morgan Stanley, Bank of America and Citigroup are facing what could be a historic shift to lower credit ratings which could increase their cost of funding and reduce competitiveness in their capital markets businesses.

Greece has gone a long way on the path of reforms and now stands a chance to overcome its debt crisis but still faces many tough measures, German Chancellor Angela Merkel said in a newspaper interview to be published on Saturday.

A Brazilian federal prosecutor plans to expand his investigation of a November offshore oil spill in a field run by Chevron to areas operated by other companies in the country's main oil region.

Alaska has reached a settlement with Exxon Mobil Corp and its partners to develop a huge, long-fallow oil and gas field, possibly paving the way for a $26 billion pipeline and an export plant for liquefied natural gas.

Groupon Inc pared back revenue and net income for the fourth quarter, blaming higher refunds on deals for the sharp downward revision in its previously reported numbers.

Groupon Inc pared back revenue and net income for the fourth quarter, blaming higher refunds on deals for the sharp downward revision in its previously reported numbers.

Ford Motor Co boosted Chief Executive Officer Alan Mulally's total compensation by 11 percent to nearly $30 million last year, despite the automaker falling short of its targets on market share, quality and costs.

A Canadian court has granted Sino-Forest Corp protection from its creditors and has approved an agreement with some of its noteholders to start the process of selling the embattled Chinese forestry company.

Stocks closed their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming sectors, including energy and health care.

The state of Alaska has reached a settlement with Exxon Mobil Corp and its corporate partners that will keep a long-fallow oil and gas field in the companies' hands in exchange for development commitments, Gov. Sean Parnell said Friday.

Stocks ended their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming consumer staples and health care sectors.

Sino-Forest Corp , a Toronto-listed Chinese forestry company accused of fraud, is seeking protection from its creditors and a court's approval of an agreement with some of noteholders to put its embattled business up for sale.

Online travel agency Expedia on Friday accused Google of breaching EU rules with a formal complaint to EU antitrust regulators as it joined a dozen other firms that have taken their case to the European Commission in the last two years.

MasterCard Inc, Visa Inc and Discover Financial Services have been victims of a potential security breach, the latest in a string of incidents that have put the personal information of millions of credit cardholders at risk.

BP Plc has accused the U.S. government of withholding evidence that may show the 2010 Deepwater Horizon oil spill in the Gulf of Mexico was smaller than federal officials claimed, a key issue in determining the oil company's liability.

Oil companies Exxon Mobil Corp , BP Plc and Conoco Phillips have reached a settlement with the state of Alaska that will allow the companies to build a pipeline from a North Slope natural gas field, the Wall Street Journal reported on Friday.

Sino-Forest Corp , a Toronto-listed Chinese forestry company accused of fraud, said on Friday it has agreed with some of its noteholders to put its embattled business up for sale.

U.S. carmaker Ford Motor Co will invest $1.3 billion in its stamping and assembly plant in the northern Mexican city of Hermosillo, creating 1,000 jobs, a top company executive said on Friday.

Sino-Forest Corp has asked a Canadian bankruptcy court to approve an agreement providing for either the sale of the embattled Chinese forestry company to a third party, or a restructuring enabling note holders to acquire nearly all of its assets.

Stocks bounced back from a string of declines on Friday, on track to close their strongest quarter in more than two years on a positive note.

Research In Motion posted a net loss and its first slump in BlackBerry shipments for its holiday quarter since 2006, as its new CEO announced the initial steps in a strategic overhaul and would not rule out an eventual sale of the company.

U.S. consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, leading economists to raise forecasts for first-quarter growth.

Now that the Supreme Court has given a glimpse of how it will consider the healthcare overhaul, more investors in health insurance stocks are breathing easier about the eventual ruling.

Consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, suggesting the economy may not have slowed as much this quarter as economists had thought.

China responded to U.S. claims of alleged involvement in cyberattacks by calling the accusations irresponsible and unprofessional. A defense ministry official attacked attempts to implicate Beijing without proper investigation and irrefutable evidence.

Consumer confidence rebounded to its highest level in 13 months at the end of March as optimism about jobs and income overcame higher prices at the gasoline pump, according to a survey released on Friday.

The S&P cut early gains to turn negative on Friday, putting it on track to extend a losing streak to four straight sessions.

Stocks rose modestly on Friday, rebounding after a string of declines with equities on track for their strongest quarter in more than two years.