IBT Staff Reporter

Citigroup Inc said it will charge fees for deposit and checking accounts that are small or inactive, joining a growing list of U.S. banks altering their consumer banking operations as the industry adapts to new regulations.

Volatility in equity markets is burning smart-money players, and even experienced traders are finding it hard to keep up.

Reinsurers Allied World Assurance Co Holdings Ltd and Transatlantic Holdings Inc called off their merger on Friday in the face of overwhelming opposition, leaving the fate of Transatlantic uncertain amid two larger, unsolicited offers.

Consumer sentiment inched up in early September, but Americans remained gloomy about the future with a gauge of expectations falling to the lowest level since 1980, a survey released on Friday showed.

Consuming lots of white-fleshed fruits and vegetables, such as apples and pears, may significantly reduce the risk of stroke, according to new research.

Stock index futures were lower on Friday after equities notched four days of gains and as European policymakers gathered to discuss the region's debt crisis, while Research in Motion weighed on the technology sector after a weak earnings report.

Swiss bank UBS came under increasing pressure to shrink or sideline its investment bank business -- source of a $2 billion rogue trading loss -- as ratings agencies warned lax risk management could prompt downgrades.

Research In Motion is losing market share much faster than expected to rivals Apple and Google, amid mounting concerns over its cash flow and ability to meet its outlook, analysts warned on Friday.

Stock index futures were lower on Friday after equities notched four days of gains and as European policymakers gathered to discuss the region's debt crisis, while Research in Motion weighed on the technology sector after a weak earnings report.

Stock index futures were lower on Friday after equities notched four days of gains and as European policymakers gathered to discuss the region's debt crisis, while Research in Motion weighed on the technology sector after a weak earnings report.

EU regulators are still undecided whether Google dominates in Internet search and if it has abused rivals in breach of competition rules, the EU's antitrust chief said on Friday.

70-million-year-old amber has trapped and thus preserved a collection of colored feathers that promise an unprecedented clues to structures in birds and dinosaurs in the late Cretaceous period, according to a new discovery.

Goldman Sachs Group Inc is shuttering a well-known hedge fund that relies on computer-driven trading strategies after the portfolio rang up a hefty loss this year.

Treasury Secretary Timothy Geithner told EU finance ministers on Friday they should end loose talk about a euro zone break-up and work more closely with the European Central Bank to tackle the debt crisis.

Swiss bank UBS came under increasing pressure to shrink or sideline its investment bank business -- source of a $2 billion rogue trading loss -- as ratings agencies warned lax risk management could prompt downgrades.

Shire Plc sees a strong market for its recently acquired Dermagraft skin substitute due to surging rates of diabetes that can cause foot ulcers in a significant number of patients, according to its chief executive.

Stock futures pointed to a weaker open for equities on Wall Street on Friday after strong gains in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.4-0.7 percent.

Chinese Premier Wen Jiabao is still worried about high prices, according to a statement on the central Chinese government's website on Friday.

Chinese Premier Wen Jiabao is still worried about high prices, according to a statement on the central Chinese government's website on Friday.

French Bank Societe Generale said on Friday it was cooperating with a Department of Justice investigation into Texas financier Allen Stanford's alleged Ponzi scheme.

The world will not see the kind of coordinated response policymakers organized during the global financial crisis in 2009 but the United States and the European Union must work closely together to overcome the current economic challenges, Treasury Secretary Timothy Geithner said on Friday.

Research In Motion is losing market share much faster than expected to rivals Apple and Google, amid mounting concerns over its cash flow and ability to meet its outlook, analysts warned on Friday.

Air France-KLM has split a $12 billion order for long-range jets following a year-long competition, announcing plans to buy 25 Boeing 787 Dreamliners and 25 Airbus A350s.

EU regulators are investigating whether Google dominates in Internet search but have yet to decide if this is the case, the EU's antitrust chief said on Friday.

Europe and the United States could face 10 years of slow growth and high unemployment if a global solution for the euro zone debt crisis is not implemented soon, former British Prime Minister Gordon Brown said on Friday.

Research In Motion is losing market share much faster than expected, warned analysts on Friday, a day after the BlackBerry maker gave a weak outlook in further proof that the company was not gaining ground on rivals Apple Inc and Google Inc.

Air France-KLM split a $12 billion deal to buy long-range jets between rival manufacturers, announcing firm orders on Friday for 25 Boeing 787 Dreamliners and 25 Airbus A350s.

Stock futures pointed to a weaker open for equities on Wall Street on Friday after strong gains in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.4-0.7 percent.

Findings of the second major investigation by the government into the 2010 Gulf of Mexico oil spill, may press BP into putting over $30 billion on the table to quickly settle its outstanding legal headaches.