IBT Staff Reporter

South Africa's rand steadied against the dollar on Friday but faced further losses after a turbulent week in which it hit its weakest levels in more than a year as investors spooked by debt woes in the U.S. and Europe fled to safer havens like the yen.

Rebels on the eastern front of Libya's civil war lost 11 men in the past 24 hours fighting to capture the strategic oil terminal and refinery at Brega on the Mediterranean coast, hospital sources said.

John A. Rogers of the University of Illinois told CBS News that "We are trying to do here is to really reshape and redefine electronics...to look a lot more like the human body, in this case the surface layers of the skin."

Stocks rose on Friday as mildly encouraging retail sales overshadowed weak consumer sentiment data, with lighter volume reflecting a drop in investor anxiety.

Judge orders her to report by Aug. 26.

Record-low borrowing costs in Great Britain are partly behind a small but scrappy real estate boom.

The number of arrests has reached more than 1,900 and about half have been charged, most of them in London.

A new rumor has the iPhone 5 being released on September 7.

A piecemeal ban on short-selling of financial stocks in Europe sparked a rush of alternative proposals from countries and regulators Friday, while stronger bank shares pulled Europe's stocks higher.

News Corp shareholders angry over the hacking scandal engulfing Rupert Murdoch's media conglomerate face an uphill fight trying to hold company executives and directors responsible in court.

Give back while you travel by participating in one of the thousands of voluntourism trips around the globe.

Casey Anthony, the young mother accused and subsequently acquitted of murdering her two-year-old daughter using duct tape and chloroform, must serve a one-year probation for check-fraud and will report to the Department of Corrections no later than Aug. 26, Chief Judge Belvin Perry ruled Friday. Perry said that Anthony's address will not be released due to safety concerns.

Consumer sentiment worsened sharply in early August, falling to the lowest level in more than three decades, even though retail sales posted the biggest gains in four months in July, separate reports on Friday showed.

Business inventories rose slightly less than expected in June, suggesting firms remained cautious about future demand at the end of the second quarter.

An advanced skin-like device engineered by a team of scientists led by professor John Rogers at University of Illinois Urbana-Champaign may replace the bulky wires and electrodes now used to assess body functions, such as brain activity, new research found.

U.S. companies are pouring their cash stockpiles into buying back their own shares, betting on a Wall Street rebound rather than investing in new operations or bumping up dividends.

Minneapolis Federal Reserve Bank President Narayana Kockerlakota on Friday said he dissented from a U.S. central bank decision to keep interest rates low until mid-2013 because he felt more policy easing wasn't needed.

Companies are pouring their cash stockpiles into buying back their own shares, betting on a Wall Street rebound rather than investing in new operations or bumping up dividends.

A third installment of the "Bridget Jones" movies has been given a go-ahead by the production company, Working Title FilmsWorking Title Films will continue producing the films, as it was responsible for the previous two "Bridget Jones Diary" in 2001 and "Bridget Jones: The Edge of Reason" in 2004. The films are based on a Helen Fielding's novel and starred Renee Zellweger as Bridget.

Food labels include sugar levels and we all know the facts about sugar but here is an impressive presentation of looking at it, with its visual images creating instant effect and lasting memory.

When Chinese journalist Wang Keqin found himself cornered in the countryside two years ago by police who were trying to stop him looking into a rape case involving local officials, he looked online for help.

Retail sales in July posted their biggest gain since March, tempering fears that the world's largest economy might be slipping back into recession.

The first people-to-people tour left Miami for Cuba on Thursday following the United States softened embargo on travel to Cuba.

U.S. stocks rose about 1 percent on Friday as mildly encouraging retail sales put the S&P on track for a two-day winning streak for the first time since mid-July as investors shrugged off weak consumer sentiment data.

There?s a chance that S&P could downgrade America?s rating another notch to AA if no serious action is taken on the deficit.

U.S. stocks rose about 1 percent on Friday as mildly encouraging retail sales put the S&P on track for a two-day winning streak for the first time since mid-July as investors shrugged off weak consumer sentiment data.

LinkedIn gets rid of user photos on social ads after a minor uproar.

Researchers developed a tattoo-like film that will enable doctors to monitor vital signs without the burdensome wiring and electrodes. "What we are trying to do here is to really reshape and redefine electronics...to look a lot more like the human body, in this case the surface layers of the skin," John A. Rogers of the University of Illinois told CBS News.

Underscoring divisions at the U.S. central bank, one top policymaker on Friday said he had cut his forecast for economic growth, even as another said he saw no economic need for new monetary stimulus.