IBT Staff Reporter

Talk of a possible Greek default gained pace on Friday while a pledge by the world's major economies to prevent Europe's debt crisis from undermining banks and the global economy failed to lift financial markets for long.

Talk of a possible Greek default gained pace on Friday while a pledge by the world's major economies to prevent Europe's debt crisis from undermining banks and the global economy failed to lift financial markets for long.

Stocks edged higher in a volatile session on Friday as rising uncertainty over the European debt crisis and concerns about a global recession kept investors jittery.

Presidential debates are serious business, but they can also provide moments of hilarity. Thursday's Republican debate in Orlando, Fla., had plenty of both. Gary Johnson wins for the best quote of the night, but Mitt Romney had the most zingers, with four on the list.

Facebook unveiled new ways for users to listen to music and watch TV, offering tie-ups with the likes of Spotify and Hulu, as it attempts to make media an integral part of its social networking service.

The New York Yankees have already clinched the American League East title but catcher Russell Martin has another goal in mind, knocking down the bid by arch-rival Boston Red Sox to reach the postseason.

Oracle Corp on Thursday estimated it suffered roughly $1.16 billion of damages from Google Inc's alleged copyright and patent infringement of Java technology used in the Android operating system.

I had breast cancer. Yeah, I know it's scary, comedienne Wanda Sykes revealed in an interview on The Ellen DeGeneres Show, airing Monday, Sept. 26.

The board of UBS extended on Friday its meeting amid the glamour of Singapore's Grand Prix event to decide the future of its scandal-hit investment bank and CEO Oswald Gruebel, on whose watch it lost $2.3 billion in alleged rogue trading.

They were the big winners in Brazil's economic boom: nearly 40 million people who joined the middle class since 2003 and went on a shopping spree, many of them buying televisions, cars or air conditioners for the first time.

There was a new face at the Republican debate in Orlando, Fla. on Thursday: Gary Johnson. But who is this presidential candidate who has remained out of public sight for so long?

Australia ran riot over the United States of America, in the Rugby World Cup 2011, putting their tournament back on track after last week's 15-6 loss to Ireland.

European banks have already received 420 billion euros in funds to help recapitalize and are in a much better shape than three years ago, the European Commission said on Friday.

Stocks edged higher in a volatile session on Friday as rising uncertainty over the European debt crisis and concerns about a global recession kept investors jittery.

Wall Street was set for a lower open on Friday as talk of a Greece default gained pace but rumors of coordinated action by central banks prompted futures to cut losses.

A 100-year-old lock of hair is telling scientists a new story of humanity's early migration, indicating that our ancestors moved from Africa to the rest of the world in two separate waves -- one through southern Asia to Australia, the other to Europe.

Stock index futures pared losses but remained solidly lower on Friday as talk of a Greece default gained pace and a day after markets spiraled downward on deepening worries about global economic stagnation.

Stock index futures fell on Friday as talk of a Greece default gained pace and a day after markets spiraled downward on deepening worries about global economic stagnation.

Stock index futures fell on Friday as talk of a Greece default gained pace and a day after markets spiraled downward on deepening worries about global economic stagnation.

Stock index futures fell on Friday as talk of a Greece default gained pace and a day after markets spiraled downward on deepening worries about global economic stagnation.

Stock index futures pointed to a higher open on Wall Street on Friday after steep declines the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up by between 0.6 and 0.8 percent.

BREGA, Libya, Sept 23 - Scribbled in blue marker in Arabic on the walls of Brega oil terminal of Brega is a message meant to cheer returning workers: Gaddafi is gone and the place has been checked.

The board of UBS met on Friday amid the glamour of Singapore's Grand Prix event to decide the future of its scandal-hit investment bank and CEO Oswald Gruebel, on whose watch it lost $2.3 billion in alleged rogue trading.

Private equity firms looking to invest into Alibaba Group have relieved pressure on Chairman Jack Ma to stage a speedy IPO by allowing a way for employees to sell their shares to willing buyers.

Letting the yuan appreciate cannot solve the U.S. trade imbalance with China, the Foreign Ministry said on Friday, hitting back at planned U.S. Senate legislation aimed at forcing Beijing to loosen controls on its currency.

Greece's finance minister has told lawmakers he sees three scenarios to resolve the debt crisis, including one involving an orderly default with a 50 percent haircut for bondholders, two Greek newspapers reported on Friday.

The board of UBS meets on Friday amid the glamour of Singapore's Grand Prix event to decide the future of its scandal-hit investment bank and CEO Oswald Gruebel, on whose watch it lost $2.3 billion in rogue trading.

In August, as rebels fought forces loyal to President Muammar Gaddafi, two representatives of a British business consortium took a rather long and arduous ferry journey from Malta to the North African country.

Stock index futures pointed to a higher open on Wall Street on Friday after steep declines the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up by between 0.6 and 0.8 percent.