IBT Staff Reporter

Sixteen-time grand slam champion Roger Federer claimed his 800th win in a glittering career when he beat Juan Monaco 6-3 7-5 in the quarterfinals at Paris Masters.

Japan's readiness to join Asia-Pacific free trade talks gave momentum on Friday to global efforts to reinvigorate trade ties and boosted President Barack Obama's drive for U.S. leadership in the world's most economically dynamic region.

EMI, the London-based record label that for 80 years brought the world everyone from the Beatles and Queen to Coldplay and Katy Perry, is no longer independent.

Stocks jumped on Friday, ending higher for the week after the Italian Senate's approval of economic reforms gave investors some relief from worries about the Eurozone's debt crisis.

Stocks jumped on Friday, ending higher for the week after the Italian Senate's approval of economic reforms gave investors some relief from worries about the euro zone's debt crisis.

Occupy Cal Berkeley demonstrators was arrested on Thursday, a day after 39 were taken into custody when they pitched tent in Sproul Plaza during clashes with police in riot gear.

Regulators are investigating the safety of batteries used to power electric vehicles after a General Motors Co Volt caught fire following a crash test.

The founding members of Black Sabbath appeared in Los Angeles to make it official that their first album of new material since 1978 is coming next fall and that they're already gearing up for a tour, Billboard reported Friday. Legendary producer Rick Rubin, who's collaborated with the Beastie Boys and the Red Hot Chili Peppers, will be on hand to master the recordings.

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

Italy's parliament on Friday began rushing through austerity measures demanded by the European Union to avert a euro zone meltdown and Washington ratcheted up pressure for more dramatic action from the currency bloc.

Almost two weeks after the bankruptcy of commodities firm MF Global Holdings Ltd., customers at rival firms are all asking the same question: How safe is my money?

The euro zone's debt crisis could substantially damage the U.S. economy if not contained, the Federal Reserve's No. 2 official warned on Friday as she urged bold action by Europe.

Multiple companies have requested to ESPN that their advertisements not be aired during the Penn State football game Saturday, where the team will take on Nebraska in State College, Pa.

In a boxing world where very few fights capture the imagination of the man in the street, Saturday's WBO welterweight showdown in Las Vegas between holder Manny Pacquiao and Juan Manuel Marquez is sure to get pulses racing.

Somewhere, the gods are laughing.

Kirsten Dunst steps out of her comfort zone and deep into a paralyzing depression in her latest film Melancholia.

Survivor host Jeff Probst's upcoming syndicated talk show has taken a big step toward its fall 2012 release, striking a deal with NBC owned and operated stations, producer/distributor CBS Television Distribution announced Thursday.

MSNBC will go ahead with its plans to air the controversial documentary Michael Jackson and the Doctor Friday night, despite mounting controversy surrounding the special.

Arriving on the Parisian set of Woody Allen's 44th film, Midnight in Paris, in the summer of 2010, veteran TV actor Corey Stoll milled around with such well-established big-screen actors as Owen Wilson, Marion Cotillard and Rachel McAdams, not really knowing what we were doing.

The AFI Fest 2011 wrapped up eight days of programing in Hollywood on Thursday night, after a couple hundred screenings, a lot of visits from movie stars and a week's worth of major showcases for some of the year's big awards contenders.

Pee-powered fuel cell generated enough electricity to power a hearing aid, researchers found.

A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trading, to pay a record $92.8 million penalty in a related U.S. Securities and Exchange Commission civil case.

Activision Blizzard's Call of Duty: Modern Warfare 3 video game racked up more than $400 million in sales on its first day in stores in the United States and the United Kingdom.

Vivendi's Universal Music Group and Sony won the auction for EMI's recorded music and music publishing operations on Friday, trumping bids by archrivals Warner Music Group and BMG Music Publishing at the 11th hour.

U.S. regulators are investigating the safety of batteries used to power electric vehicles after a General Motors Co Chevrolet Volt caught fire following a routine crash test.

Facebook is finalizing a settlement with federal regulators over changes to its privacy policies enacted two years ago, the Wall Street Journal reported.

In an emailed statement, the Canadian-listed, China-focused company said that it is cooperating with the Royal Canadian Mounted Police (RCMP) in their investigation, but gave no details. An RCMP spokesperson was not immediately available for comment.

Toronto's main stock index was up more than 1 percent at midday on Friday as commodity prices rose on optimism that Italy would pass an austerity package that would calm fears about Europe's debt crisis.

Canadian gold miner IAMGold (IMG.TO: Quote) is on the look-out for acquisitions and while it is not itself up for sale, its chief executive said on Friday it does represent good value right now.