Second child dies after Laredo food stamp office shooting
A 10-year-old boy shot by his mother in a standoff at the state food stamp office in Laredo, Texas, earlier this week died after his estranged father chose to take him off life support, Laredo police said on Friday.
Analysis: No grand bargain means more euro stress
The euro zone has agreed to take a big leap forward in economic integration, but failed to deliver a convincing answer to investors worried about its ability to tackle threatening debt crises in Italy and Spain.
Virginia Tech shooter killed himself
A man who fatally shot a Virginia Tech police officer on Thursday apparently died of a self-inflicted gunshot wound, Virginia State police said on Friday.
Ford recalls 129,000 sedans; wheels may fall off
Ford Motor Co recalled nearly 129,000 Ford Fusion and Mercury Milan sedans in the United States citing a risk that the wheels may fall off, U.S. safety regulators said on Friday.
Access to web, phones key to helping the poor: LeWeb
PARIS, Dec 9 - Governments worldwide must boost internet accessibility in order to nurture democracy and economic development, entrepreneur Loic Le Meur said at the prestigious LeWeb technology conference in Paris which he founded.
Wall Street Rebounds after EU Deal, but More Stress Seen
Stocks advanced on Friday as European Union leaders agreed on measures to address the region's sovereign debt crisis, while U.S. consumer confidence rose to its highest level in six months.
Dharun Ravi Rejects Plea Deal in Tyler Clementi Cyber-Bullying Case
Dharun Ravi, the former Rutgers University student who is facing hate-crime charges after allegedly filming his roommate's sexual encounter with another man and streaming it online, rejected a plea deal on Friday that would have spared him jail time.
Instant view: Consumer sentiment strongest since June
U.S. consumer sentiment rose to its highest level in six months in early December due to signs of better labor conditions and an improving outlook on the economy.
DealTalk: Defenses down, U.S. firms vulnerable to hostile bids
Takeover defense measures such as poison pills and staggered boards are at their lowest levels in more than a decade, making U.S. companies more vulnerable at a time when hostile bids are expected to rise.
Analysis: Venture capital funding doubles for online retail
Consumers spent a record $1.25 billion on Cyber Monday, according to comScore, highlighting how much people love shopping online.
Justice Department seeks delay in AT&T trial
The Justice Department said on Friday it would seek to postpone its legal challenge to AT&T's $39 billion proposed acquisition of T-Mobile USA, dealing another blow to the fragile deal.
Justice Department Looks to Delay or Withdraw Case Against AT&T, Deutsche Telekom - Update
The U.S. Department of Justice doesn't want to go to trial until the companies reapply for merger with the Federal Communications Commission.
Wall Street gains after EU deal, but more stress seen
Stocks climbed on Friday as European Union leaders agreed on measures to address the region's sovereign debt crisis, while U.S. consumer confidence rose to its highest level in six months.
DuPont cuts full-year 2011 outlook; shares drop
Chemical maker DuPont cut its full-year profit outlook on Friday, citing slower growth in some of its businesses due to weakness in the company's end markets, sending its shares down almost 5 percent.
Consumer sentiment improves in December
Consumer sentiment rose to its highest level in six months in early December as Americans adopted an improved economic outlook while the trade deficit narrowed in October, pointing to gathering momentum in the economy.
The Green Revolution: Urban Gardens Transform Traditional Cityscapes
Whether it’s an indoor herb garden or an entire grassed rooftop, there’s no doubt gardens are going urban.
AT&T CEO: Customers to Face Higher Prices if T-Mobile Merger Fails
Speaking at Bloomberg's Captain of Industry series, Stephenson said AT&T's capacity to keep up with wireless demand has been strained and Congress hasn't adequately addressed antiquated policies regarding the wireless industry.
U.S. retailers trim Europe plans on region's debt woes
A string of big-brand U.S. retailers may curb their UK and European expansion plans, deterred by the region's bleak consumer outlook and nervousness over the unfolding sovereign debt crisis in the euro zone.
Trump Debate Will Have Only Two Participants: Gingrich and Santorum
Michele Bachmann and Rick Perry have turned down invitations to Donald Trump's much-hyped Republican debate, leaving The Donald with just two attendees: Newt Gingrich and Rick Santorum.
Consumer sentiment strongest since June
Consumer sentiment rose to its highest in six months in early December due to an improving outlook on the economy with the jobless rate falling to a 2-1/2-year low in November.
Opel CEO eyes billion euro profit mark from 2016
Struggling German carmaker Opel, a unit of General Motors , has set itself the ambitious target of hitting the 1 billion euro ($1.33 billion) profit mark from 2016, Chief Executive Karl-Friedrich Stracke said in an employee newsletter.
Stocks gain on EU deal and data but outlooks drag
Stocks climbed on Friday after European Union leaders agreed on measures that partially address the region's crippling sovereign debt crisis, while U.S. consumer confidence rose more than expected in December.
HP $99 TouchPad Set to Return This Weekend: Where to Buy One
As the holiday shopping season gathers steam, there's good news for people who want HP's $99 TouchPad but earlier lost the chance to get one. The $99 tablet, which sold like hot cakes will reportedly hit stores this weekend.
Stock futures point to higher open after EU deal
Stock index futures pointed to a higher open on Friday after European Union leaders agreed on measures that partially addresses the region's crippling sovereign debt crisis.
October trade gap narrows to lowest in 10 months
The U.S. trade deficit narrowed in October to its lowest in 10 months, but imports from China hit a record high, a government report showed on Friday.
Exclusive: China eyes $300 billion forex investment vehicle
China's central bank plans to create a new vehicle to manage investment funds worth a total of $300 billion to improve returns on the world's largest stockpile of foreign exchange reserves, a source with knowledge of the matter told Reuters.
Sports revenues should grow despite economic woes: report
The global economic slowdown is a concern but sports revenues worldwide should grow by about 3.7 percent to $145.3 billion by 2015, according to a research report released on Friday.
China eyes $300 billion forex investment vehicle: source
China's central bank plans to create a new vehicle to manage investment funds worth a total of $300 billion to improve returns on the world's largest stockpile of foreign exchange reserves, a source with knowledge of the matter told Reuters.
Twitter introduces revamped Web site
SAN FRANCISCO Twitter revamped its website on Thursday to make the microblogging service easier to use and to help companies better showcase their brands.
Stock futures advance after euro zone agreement
Stock index futures rose on Friday after European Union leaders agreed on measures that partially addresses the region's crippling sovereign debt crisis.