Indian courts challenge Facebook, Google content: report
U.S. companies Facebook, Google and Yahoo, and other internet firms, have been ordered by two Indian courts to remove material considered religiously offensive, the latest skirmish in a growing battle over website content in the world's largest democracy.
Analysis: As euro steadies, fund managers hedge bearish bets
The European debt crisis roiled markets all year, producing the most volatile trading since the 2008-2009 meltdown. That is, except in one market -- the euro.
Data lifts Wall St again, S&P up on year
The S&P 500 turned positive for the year on Friday as equities rallied again on a run of better-than-expected economic data, though volume continued to be seasonally weak.
Michael Buble brings Christmas to CityVille
Singer Michael Buble is taking his Christmas spirit into the virtual realm, collaborating with popular Facebook game CityVille and giving an interactive gift to his fans over the holidays.
United Continental Shares Slip on Revenue Concerns
Shares of United Continental Holdings fell about 7 percent on Friday as some analysts cut their fourth-quarter profit estimates, citing weaker-than-expected revenue.
United Continental shares off on revenue concerns
Shares of United Continental Holdings fell about 7 percent on Friday as some analysts cut their fourth-quarter profit estimates, citing weaker-than-expected revenue.
Intel's smartphone guru angles for smooth landing
Mike Bell likens his new job at Intel Corp to piloting a glider.
Wall Street extends rally 4th day, S&P up on year
Wall Street stocks rose on Friday as the S&P 500 rallied for a fourth straight day and turned positive for the year after a run of better-than-expected economic data.
Wall Street extends year-end rally, S&P up on year
Wall Street extended a year-end rally on Friday as the S&P 500 rose for a fourth day and turned positive for the year after a recent run of better-than-expected economic data.
BofA mulls asset sales to keep up with the Joneses
Bank of America Corp is lagging behind its major U.S. competitors in complying with new capital rules, leading the bank to consider even more asset sales, sources said.
Amazon may benefit as digital goods sales jump
Digital goods are the fastest-growing category online this holiday, led by e-books, suggesting Amazon.com Inc's strategy of blanketing the world with cheap e-readers and tablet computers may be producing some early gains.
UBS gives up on top-10 investment bank ranking
UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the Swiss bank's financial head said.
VW agrees to kick the Crackberry habit
The backlash against twenty-four-hour connectivity has started.
Wall Street edges higher on mixed data
Stocks edged higher on Friday, with the S&P 500 on track for a fourth straight day of gains as a batch of economic data pointed to an economy that continued to grow at a modest pace.
Did Vander Plaats Ask Santorum for Money in Exchange for Iowa Endorsement?
Three days after Bob Vander Plaats endorsed Rick Santorum for president, the evangelical leader is being accused of illegally soliciting money from Santorum's campaign to promote the endorsement -- a charge he and Santorum both deny.
Banks downgrade threat remains despite ECB funds: S&P
The half a trillion euros the European Central Bank pumped into the financial system buys hard-hit banks valuable time but will not in itself protect them from threatened rating downgrades, one of Standard and Poor's top executives said.
Futures point to higher open after mixed data
Stocks were set to climb at the open on Friday, with the S&P 500 on track for a fourth straight day of gains as modest durable goods and consumer spending data was not enough to dampen optimism the U.S. recovery remained on track.
S&P: Banks downgrade threat remains despite ECB funds
The half a trillion euros the European Central Bank pumped into the financial system buys hard-hit banks valuable time but will not in itself protect them from threatened rating downgrades, one of Standard and Poor's top executives said.
Futures higher with data on tap
Stock index futures pared gains on Friday after mixed data on U.S. durable goods orders and consumer spending.
Durable Goods Orders Jump in November on Aircraft
New orders for U.S. manufactured goods soared in November on strong demand for aircraft, but a gauge of business spending plans fell for a second month, suggesting a cooling in investment.
VW gives workers a rest from Blackberry messages
Volkswagen has agreed to grant workers in Germany a rest from e-mails relentlessly filling the inboxes of their Blackberry devices out of hours.
UBS puts clients ahead of league table ranking
UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the Swiss bank's financial head said.
Xinhua website planning $158 million IPO: sources
China's state news agency Xinhua plans to list its online portal in a 1 billion yuan ($157.8 million) stock market offering in Shanghai with China International Capital Corp underwriting the deal, two sources with knowledge of the matter said on Friday.
Exclusive: China's CIC to get $50 billion boost
China's $410 billion sovereign wealth fund China Investment Corp. is set to receive additional funding of up to $50 billion, two sources said, a step that could help it move quickly to buy overseas assets, especially in Europe.
Exclusive: Petronas in talks with oil majors for petchem tie-up
Petronas is in talks with several global oil majors including Shell and Exxon Mobil to develop petrochemical plants within its $20 billion refinery complex in southern Malaysia, two sources with direct knowledge of the matter said.
China's CIC to get $50 billion boost: sources
China's $410 billion sovereign wealth fund China Investment Corp. is set to receive additional funding of up to $50 billion, two sources said, a step that could help it move quickly to buy overseas assets, especially in Europe.
U.S. economy hopes give European stocks respite
Signs of renewed momentum in the giant U.S. economy boosted European stocks and supported the euro on Friday, but any gains in holiday-thinned markets are likely to prove short-lived with concerns about the euro zone debt crisis undiminished.
U.S. Economy Hopes Fuel Pre-Christmas Stock Buying
Fresh signs the giant U.S. economy is gaining momentum drove major world stock markets and the euro higher on Friday, with activity likely to be thin in the last session before the Christmas holiday.
U.S. economy hopes fuel pre-Christmas buying
Fresh signs the giant U.S. economy is gaining momentum drove major world stock markets and the euro higher on Friday, with activity likely to be thin in the last session before the Christmas holiday.
Analysis: U.S. Economy to Show Stamina as Global Growth Slows
The economy is gaining momentum and should push through next year with only a few bruises despite an almost certain European recession and slower global growth.
