IBT Staff Reporter

TransUnion's owners are pursuing a possible sale that could fetch roughly $2 billion for the credit information firm, sources familiar with the matter said.

Groupon's chief operating officer is leaving to join Google Inc five months after joining the company, and ahead of a highly-anticipated initial public offering.

Bank of America Corp is in talks to sell its correspondent mortgage lending unit to a division of Fortress Investment Group LLC, the Wall Street Journal reported on Friday.

The Securities and Exchange Commission failed to follow federal guidelines and spent in excess of $100,000 on living and travel expenses for a former senior agency official, the SEC's watchdog has found.

Yahoo Inc has received inquiries from multiple parties about potential options, but the struggling Web company expects to take months to decide its future, the company's co-founders and chairman said in a letter to employees on Friday.

The union representing Boeing Co workers in Washington state on Friday said internal company documents show Boeing intended to punish union members for past strikes when it located an airplane production line in non-union South Carolina.

Long-delayed U.S. Internet rules that tackle the controversial issue of balancing consumer and content provider interests against those who sell access to the Web will take effect November 20.

With persistent concerns over Europe's sovereign debt crisis and sluggish economic growth in the United States, cautious investor continue to seek protection through options..

Billionaire investor Carl Icahn abandoned his quest to take over the board of Clorox Co on Friday, saying he lacked support from other major investors, sending its shares down almost 5 percent in extended trading.

Stocks ended higher on Friday, stopping the bleeding after a disastrous four days of selling marred by severe anxiety over Europe's spiraling debt crisis and the Fed's dire warning about the U.S. economy.

Missouri lawmakers on Friday overturned a pending state law that would have banned private chatting between teachers and students on social media sites such as Facebook.

Just days after the Federal Reserve launched a new round of unconventional monetary policy easing, a top Fed official with a record of supporting such moves on Friday questioned how effective the latest move will be.

A Bank of America Corp shareholder sued the bank on Friday for what he said was a failure to disclose it potentially owes more than $10 billion to American International Group Inc in connection with mortgage-backed securities.

Amazon.com Inc, which revolutionized reading with its Kindle e-reader, is expected to unveil a tablet computer next week that analysts say will seriously challenge Apple's market dominating iPad.

A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.

Troy Lange knows that just mentioning cellphones is enough to give security officers heartburn at the National Security Agency.

A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.

The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in 2008, stung by severe anxiety over Europe's spiraling debt crisis and a warning from the Federal Reserved about the U.S. economy.

John Thiel has moved out of Sallie Krawcheck's shadow, slashing Merrill Lynch manager jobs and taking steps to more closely align the firm's retail brokers and private bankers.

European policymakers showed signs they were preparing new steps to cope with the region's debt crisis even as talk of a possible Greek default gained pace on Friday.

The World Trade Organization, citing turmoil in the global economy, on Friday cut its forecast for the growth of trade in 2011 from the 6.5 per cent it predicted in April to 5.8 per cent, and warned that the final figure could be lower.

Amazon.com Inc is holding a press conference in New York on Wednesday, sparking expectations that the seller of the Kindle e-reader will unveil a long-awaited tablet.

To protect the international financial system, regulators should rely more on a benchmark portfolio as a tool to guard against excessive risk-taking, rather than the capital standards now in use, Citigroup Chief Executive Vikram Pandit said on Friday.

John Thiel has moved out of Sallie Krawcheck's shadow, slashing Merrill Lynch manager jobs and taking steps to more closely align the firm's retail brokers and private bankers.

With European banks tanking and the U.S. growth rate grinding to a halt, how does the average investor protect his assets? By being focused.

The research chief of Roche Holding AG said the company's experimental drug to raise good HDL cholesterol has the potential to generate annual sales of $10 billion and may have advantages over a rival medicine being developed by Merck & Co Inc .

Boeing Co's 787 Dreamliner, the world's first commercial airplane made largely of lightweight composite materials, is set for first delivery to a customer next week, the pinnacle achievement in the life of one of Boeing's most challenging airplane programs.

The European Central Bank will reintroduce its 12-month liquidity operations to help banks with longer-term fundraising and to reduce jitters in the markets, policymakers indicated on Friday.

Stocks edged higher on Friday on talk the European Central Bank could add liquidity to stabilize the region's banking system, but continued fears about a global recession kept markets choppy.