Corrected:Bill Gross can't stop bleeding from flagship bond fund
Bill Gross's PIMCO Total Return Fund, the world's largest bond fund, keeps shrinking as investors look to put their money with some of his competitors.
Bruised X Factor limps toward finals
American viewers have chosen the three singers who will compete in the finals of The X Factor after a first season that underwhelmed critics and raised questions about audience fatigue ahead of returning TV contests American Idol and The Voice.
At Last singer Etta James terminally ill
Grammy-winning R&B singer Etta James is terminally ill, her live-in physician said in an interview this week that confirmed reports of the singer's fading health.
Analysis: More euro zone banks risk money markets freeze
Even the safest euro zone banks could start queuing up at the European Central Bank for cash in the next few months as their massive exposure to government debt freezes them out of money markets.
Wall Street Rally Fades After Warnings on Europe
A rally in stocks fizzled, leaving major indexes with modest gains on Friday, as Wall Street was torn between hope that U.S. economic data signals better times ahead and fear Europe's debt crisis will engulf world economies.
States to weigh in on basic health coverage
U.S. health officials will allow states to select the basic set of medical benefits that must be offered by insurance plans participating in new exchanges mandated by the federal healthcare overhaul, the U.S. government said on Friday.
Regulators sue former top Fannie, Freddie execs
Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies' exposure to risky home loans in the run-up to the 2008 financial crisis.
Many surgeons don't discuss end-of-life care
Many U.S. surgeons fail to discuss their patients' wishes in case a risky operation goes awry, and even more would not operate if patients limited what could be done to keep them alive, a survey found.
Fed has no plans to help Europe, Dudley says
Europe's financial crisis poses a threat to U.S. banks and the economy but it is up to the continent's leaders -- not the Federal Reserve -- to find a resolution, a top official at the central bank said on Friday.
Barry Bonds gets 2 years probation in steroids probe
Home-run king Barry Bonds avoided a prison sentence on Friday over a single criminal conviction related to an investigation of steroids in sports, a punishment one prosecutor called a slap on the wrist.
Rudy inspiration charged with securities fraud
U.S. securities regulators on Friday charged Daniel Ruettiger -- the inspiration behind the 1993 movie Rudy -- and 12 others with running a scheme to deceive investors into buying stock in Ruettiger's sports drink company.
Australian music legend fights for life after fall
Ian Meldrum, Australia's top music journalist and a friend of singer Elton John is in critical condition after falling from a ladder while hanging Christmas decorations, doctors said on Friday.
Captain America co-creator Joe Simon dies at 98
Comic book artist Joe Simon, who created Captain America with the late Jack Kirby, has died at age 98, a family spokesman said on Thursday.
Artist leads Golden Globes. Do Oscars await?
Artist leads Golden Globes. Do Oscars await?
Christian Bale roughed up in bid to visit Chinese activist
Actor Christian Bale was roughed up by Chinese security guards as he attempted to visit a blind legal activist whose detention has sparked a domestic and international outcry, CNN reported on Friday.
Who's Still Standing? Israel puts mark on U.S. TV
NBC's new quiz show Who's Still Standing? has contestants dropping through the floor, and the burgeoning Israeli TV industry whooping with delight.
Kate Winslet finds delight in Carnage
When Roman calls, Kate goes to work. Holidays can wait.
Beach Boys reuniting for new album, tour in 2012
Iconic California surf band The Beach Boys will reunite in 2012 to release a new album and embark on a 50-date worldwide tour celebrating their 50th anniversary, the band said on Friday.
Made in Texas: Apple's A5 iPhone chip
Apple Inc is famous for relying on low-cost Asian manufacturers to both source and assemble its popular gadgets, but the consumer device giant recently started receiving a critical component in its iPad and iPhones from closer to home - Texas.
Layoffs hit Soros investment company
Soros Fund Management, the investment company of billionaire George Soros, has laid off a handful of analysts and portfolio managers in recent months.
Soitec invests $150 mln in California solar module factory
French silicon company Soitec SA said it will invest more than $150 million in a manufacturing facility in California to produce concentrator photovoltaic modules (CPV) for the U.S. renewable-energy market.
Buffett's MidAmerican to Buy 49 Percent Stake in Arizona Power Plant from NRG Energy
Warren Buffett's MidAmerican Energy Holdings made its second foray into solar energy in as many weeks, saying on Friday it will buy a 49 percent stake in an Arizona power plant from NRG Energy Inc.
Casey Anthony among most-Googled names in 2011
The search is over for the most-Googled names in 2011: The most popular and fastest-rising terms include Rebecca Black, Ryan Dunn and Casey Anthony.
Jazz trumpeter Wynton Marsalis to join TV news show
Jazz musician Wynton Marsalis will join U.S. television network CBS as a cultural correspondent to provide coverage of cultural and educational topics, CBS said on Thursday.
MPAA anti-piracy legislation point-man blames Google
The fierce debate over anti-piracy legislation currently rocking Capitol Hill is pitting Hollywood against Silicon Valley, and has left some wondering if the latest effort to crack down on illegal downloads will be shot down over free speech concerns.
Amazing Spider-Man website crawling with plot details
The official site for The Amazing Spider-Man has crawled onto the Web, shedding light on the plot of Marc Webb's reboot.
Reese Witherspoon to star in West Memphis 3 movie
Reese Witherspoon will star in Devil's Knot, Atom Egoyan's movie about the West Memphis Three, one of the film's producers told TheWrap on Thursday.
Super movie queue bookmarking system launches
Netflix ... Amazon Instant Video ... iTunes ... SnagFilms ... Redbox ... Movies on Demand ... VUDU ...
Fitch may cut France, other 6 euro zone countries
Fitch Ratings on Friday warned it may downgrade France and six other euro zone countries as it believes that a comprehensive solution to the region's debt crisis is technically and politically beyond reach.
Exclusive: Google CEO's inner circle: Meet the L Team
The most powerful group at Google Inc used to be known simply as The OC, short for operating committee. Now, it goes by a more telling name: L Team, short for Larry's Team.