Republican Group Amasses $25 Million for 2012 Election
A major Republican-linked fundraising group has amassed $25 million this year to finance attacks on President Barack Obama and other Democrats in the 2012 elections.
Berkshire revised Wesco docs under SEC pressure
Berkshire Hathaway extensively revised documents related to the acquisition of Wesco Financial at the insistence of securities regulators, according to an April letter made public on Friday.
IMF spillover report highlights debt vulnerability
The International Monetary Fund, in a report summarizing its assessment of potential spillover impacts of global economic policy, suggested on Friday that debt sustainability was a key area of concern.
Analysis: Obama's Trade Legacy in a Crucible This Fall
After a slow start that has frustrated U.S. business groups, the next four months could be important to President Barack Obama's legacy on trade.
California fire threatens homes, closes interstate
A brush fire broke out in the middle of a major California interstate on Friday and spread to a nearby neighborhood, threatening homes and forcing the highway's closure.
BofA job cuts could reach 30,000: report
Bank of America Corp executives are discussing plans to potentially shed 25,000 to 30,000 jobs over the next several years, the Charlotte Observer said.
GM, UAW talking about skilled trade buyouts
General Motors Co and the United Auto Workers union are discussing buyouts for higher-wage, skilled trade workers as contract talks between the union and all three Detroit automakers intensify, people familiar with negotiations said.
Sharapova Beaten by Pennetta at U.S. Open
Former champion Maria Sharapova was knocked out of the U.S. Open on Friday by Italian Flavia Pennetta in the biggest upset of the tournament so far.
Judge Sets New Trial in Clemens Perjury Case
A U.S. judge on Friday ordered a new trial for baseball star Roger Clemens, refusing to throw out charges that he lied about steroids use despite a mistrial after prosecutors used evidence that had been barred.
Zvonareva struggles but advances at U.S. Open
Vera Zvonareva struggled once again at the U.S. Open but the second seed managed to defeat pesky Spaniard Anabel Medina Garrigues 6-4 7-5 Friday and move into the fourth round of the year's final grand slam.
Netflix shares fall after stumble with Starz
High-flying Netflix Inc saw its shares fall 8.6 percent on Friday after failing to secure a chunk of movie content for the online service it touts as the future of its popular video rental business.
United States loses video game jobs to Quebec
Outside, the sun is shining, but it is dark in the production room where more than 150 Ubisoft artists, animators and engineers are racing to finish the latest edition of Assassin's Creed, one of this holiday's hotly anticipated games.
Del Potro Slipping Quietly Through U.S. Open Draw
Juan Martin Del Potro might be forgiven for thinking he is the forgotten man of the U.S. Open.
Cubs Pitcher Zambrano to sit Out Rest of Season
Volatile Chicago Cubs pitcher Carlos Zambrano will miss the rest of the season after his 30-day suspension ends on September 11, the Major League Baseball (MLB) team said on Friday.
Virginia shuffle Helps America to Relay
LaShawn Merritt performed the Virginia Shuffle before storming down the final 100 meters to overhaul his Jamaican and South African rivals and win the world 4x400 meters relay title for the United States on Friday.
Knightley stars in film on birth of psychoanalysis
Canadian director David Cronenberg's latest movie A Dangerous Method explores the role a little-known Russian woman played in the birth of psychoanalysis at the turn of the 20th century.
Keanu Reeves Turns 47: Five Fun Facts You (Probably) Didn't Know About Him
For the amount of time that he's been in the spotlight, Keanu Reeves has managed to retain a remarkable amount of privacy. Charming but evasive in interviews, unwilling to court the paparazzi's flashbulbs for the sake of extended publicity, the Speed star has maintained an almost Sphinx-like aura of mystery.
Rapper T.I. back in federal prison after luxury Bus Ride
A ride in a luxury bus from Arkansas to a halfway house in Atlanta has landed Grammy Award-winning rapper T.I. back behind bars just two days after his release from federal prison.
Oakland Hosts First Legal Marijuana Open Air Fair in U.S.
Oakland will be hosting International Cannabis & Hemp Expo, the first marijuana street fair that will take place in the country ever since medicinal marijuana was legalized more than 15 years ago.
U.S. regulator to sue major banks over mortgages
A U.S. regulator plans to sue major banks in coming days over subprime mortgage bonds, two sources said, in a lawsuit that may hamper a broader government mortgage settlement with banks.
Libyans pledge democracy as they win Gaddafi billions
Libya's new leadership reaffirmed its commitment to democracy and good governance on Friday as it worked on how to spend billions of dollars released from the frozen assets of fugitive strongman Muammar Gaddafi.
California lawmakers propose bill for NFL stadium
A top California lawmaker unveiled legislation on Friday to help advance a proposal for building a new stadium in downtown Los Angeles to bring the National Football League back to the second-largest U.S. city.
Fed could get specific on goals if recession hits
A darkening U.S. economic outlook is forcing Federal Reserve officials to dig ever deeper into an already depleted policy toolkit and consider measures until recently deemed too radical.
Ontario mega-quarry faces environmental review
Ontario has ordered a full environmental review of a proposed mega-quarry backed by one of Boston's best-known hedge funds, a move that may threaten a project that has already raised local opposition.
IMF approves $2.11 billion of bailout funds to Ireland
The International Monetary Fund on Friday said it approved a $2.11 billion disbursement to help debt-stricken Ireland as part of a broader bailout package.
News Corp shuffles board, Murdoch earns $33 million
Venture capitalist Thomas Perkins said Friday he is not leaving the News Corp board because of the phone hacking scandal and is in full support of Chief Executive Rupert Murdoch and the board.
Bolt back to business as VCB strikes gold
Veronica Campbell-Brown ripped Allyson Felix's 200 meters crown from her grip on Friday while another Jamaican scorched up the road to redemption and into the hearts of the Daegu crowd at the world athletics championships.
Rupert and James Murdoch Paid $50 Million
The fact that father and son took home more than $50 million last year will no doubt be the latest controversy facing the duo.
Oil companies brace for Tropical Storm Lee
Tropical Storm Lee threatened the Louisiana coast with torrential rains and flooding on Friday, as offshore energy platforms and refineries along the coast braced for high winds and rising waters.
China state paper urges Internet rethink to gag foes
China's Communist Party control is at risk unless the government takes firmer steps to stop Internet opinion being shaped by increasingly organized political foes, a team of party writers warned in a commentary published on Friday.