European summit hopes lift Wall Street
Stocks rose to their highest levels in more than two months on Friday in anticipation of a weekend European Union debt-crisis summit that could potentially remove a major cloud from markets.
GE growth meets forecasts, but margins a worry
General Electric Co reported earnings that met Wall Street expectations, but its shares slipped 1.4 percent as investors worried about declining profit margins at its energy equipment division.
News Corp investors to berate Murdochs at meeting
News Corp is bracing itself for a dramatic showdown with shareholders and new revelations of surveillance tactics by some of its UK journalists at its annual meeting in Los Angeles on Friday.
Libya's National Oil Summons Russia's Gazprom over Gaddafi-era Oil Deal
Libya's National Oil Corporation has summoned Russia's Gazprom to a meeting in Tripoli to discuss what the Libyans said was a breach of investment obligations -- the first sign the new leaders are prepared to renegotiate Gaddafi-era contracts.
Big Commodity Trading Firms Reap Rewards from 'Sensational' Decade
For the small club of companies who trade the food, fuels and metals that keep the world running, the last decade has been sensational. Driven by the rise of Brazil, China, India and other fast-growing economies, the global commodities boom has turbocharged profits at the world's biggest trading houses.
Jobs: TV is booming, unless you work in L.A.
If your search for television jobs is looking bleak, it may not be your industry's fault.
Monterey acquires film rights for Kissed a Vampire
I Kissed a Vampire is moving from the computer screen to the big screen.
Cinematographer Denny Hall dies on location
Cinematographer Denny Hall, who had worked on TV productions since the late 1980s, died Thursday morning in New Orleans, after suffering a heart attack while on location for the upcoming USA Network drama Common Law.
Robbie Williams to release album with Universal next year
British singer Robbie Williams, who signed one of the world's biggest music deals with EMI in 2002, is to release his ninth studio album with Universal Music, the world's largest music company, next year.
Warners wants Bradley Cooper for U.N.C.L.E.
Warner Bros. and Bradley Cooper are in talks for the actor to star in the studio's big screen version of The Man From U.N.C.L.E., TheWrap has confirmed.
Verizon subscribers miss Street, investors shrug
Verizon Communications Inc wireless subscriber growth was slower than expected in the quarter before the latest Apple Inc iPhone launch, but was still ahead of its biggest rival.
Noble Energy Profit Soars 90% to $441 Million on Strong Production, Prices
Noble Energy reported a quarterly profit that topped Wall Street expectations, helped by higher-than-expected production and prices.
Icahn Wants Truck Makers Navistar and Oshkosh to Merge
Carl Icahn wants Navistar to consider merging with rival Oshkosh, though he has not yet made a formal proposal to either company.
Wall Street extends gains on bets on EU success
U.S. stocks rose to their highest in more than two months on Friday before a weekend European Union debt-crisis summit that could potentially remove a major headwind for markets and allow investors to focus on corporate results.
RIM Tells Unhappy Users They Should Buy a New BlackBerry
What advice does Research in Motion have for BlackBerry users unhappy with their device? Buy a new BlackBerry.
Saab Faces Scrapyard as Chinese Auto Firms' Rescue Plan Falls Through
Saab moved closer to collapse on Friday after a planned rescue by Chinese investors was thrown into doubt and a court-appointed administrator moved to lift the Swedish carmaker's protection from bankruptcy claims.
Anthony Bologna, Cop Who Pepper-Sprayed Wall Street Protesters, Gets Light Punishment
Anthony Bologna, the NYPD deputy inspector who was caught on video pepper-spraying three Occupy Wall Street protesters with no apparent provocation, will face a slap-on-the-wrist punishment: 10 days' lost vacation time and two weeks' lost pay.
GE profit up 18 percent, driven by foreign growth
Strong demand from Brazil, Russia and China drove General Electric Co profit up 18 percent in the third quarter despite sluggish economies in the United States and Western Europe.
McDonald's profit, Sept sales beat expectations
McDonald's Corp reported a higher-than-expected quarterly profit as new menu items and renovations helped lift sales at established restaurants around the world in September, and its shares rose nearly 3 percent.
McDonald's profit, September sales beat expectations
McDonald's Corp reported a higher-than-expected quarterly profit as new menu items and renovations helped lift sales at established restaurants around the world in September, and its shares rose nearly 3 percent.
J&J, Novartis Face EU Antitrust Probe Over Possible Hampering of Generic Drug Entry into Dutch Market
EU antitrust regulators are investigating agreements between Johnson & Johnson and Novartis over concerns they may have delayed the entry of a generic version of a powerful painkiller on to the Dutch market.
Instant view: GE posts profit rise, forecasts 2012 growth
General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.
Siri Will Let Anyone Use a Locked iPhone 4S
Siri will let anyone make calls or send text messages and e-mails from a locked iPhone 4S, even without knowing the passcode, Macworld reports.
Oil Majors to Post Strong Quarterly Profits but Investors Uncertain about 2012
Investors in the world's biggest oil companies are expected to look beyond the bumper profits the groups will announce next week on the back of higher oil prices, and seek clues on how the companies can maintain income growth as crude stabilizes.
Mitt Romney May Turn His Focus Toward Iowa
Mitt Romney may see an opening and turn his campaign squarely on the first caucus.
Wall St. opens higher ahead of euro summit
Stock indexes rose at the open on Friday ahead of a European Union debt-crisis summit on the weekend that could go some way in removing one of the biggest overhangs for markets and allow investors to focus on corporate results.
German business morale falls for fourth straight month
German business sentiment slid for the fourth month in a row in October, dipping to its lowest level since mid-2010 and compounding fears the euro zone debt crisis could push Europe back into recession if a solution is not found soon.
Chinese Toddler Yue Yue Dies, Highlights the Moral Costs of Economic Giant
Yue Yue, the two-year-old toddler who was hit by two vans and left ignored on the street in China, has died on Friday according to reports amidst the worldwide outpouring of rage and debate.
Harold Camping: October 21 Is Here, but Doomsday Isn't
Oct. 21 has come and gone in New Zealand and Australia, making Doomsday predictor Harold Camping incorrect, once again.
Schlumberger profit lags Wall St view, shares slip
Schlumberger Ltd , the world's largest oilfield services company, posted a lower-than-expected third-quarter profit and said financial turmoil had cut oil demand, sending its shares lower in pre-market trading.