IBT Staff Reporter

Boeing Co, its suppliers and investors had good reason to cheer after the company snared a $30 billion Pentagon order this week, but challenges loom as Boeing prepares to fill the historic order on what may be a tight budget.

U.S. consumer confidence hit a three-year high in February, suggesting the economy remained on a solid footing despite soaring gasoline prices.

BP's shareholders failure to attend the board meeting of its Russian venture, TNK-BP , sabotaging the arbitration process, a course close to a TNK-BP's Russian shareholder told Reuters on Friday.

NEW YORK, February 25 - The Securities and Exchange Commission market-abuse unit is using new approaches to in an effort to better identify insider trading and abusive conduct by market professionals.

The state of Mississippi has the largest percentage of people in the United States who identify themselves as conservative, with just over half of people making that self-assessment, according to poll results.

The London Stock Exchange's top trading rivals failed to capitalize on the UK exchange's four-hour crash Friday as trading slowed across the market after the LSE's second trading glitch in a week.

The Treasury has told American banks to closely monitor transactions that may be related to unrest in Libya for any possible signs that state assets were being misappropriated.

BP's Russian arm, TNK-BP, has done away with BP's trademark eco-friendly colors on its website in favor of a dark, severe Siberian theme, a move branding experts say speaks to the post-Gulf spill investor.

Global listings activity has been the highest on record so far this year, with firms raising a total of $24 billion to date, according to Thomson Reuters data, boosted by buoyant stock markets and improved investor interest.

Volkswagen's record year results beat expectations, showing Europe's largest carmaker has enough financial firepower to complete its planned takeover of Porsche.

James Franco, along with Anne Hathaway, will host the 83rd Annual Academy Awards on Sunday, Feb. 27. This is the first time the 32-year-old actor will host the awards show. Along with hosting, Palo Alto native is also nominated for Best Actor for his role as Aron Ralston in 127 Hours. James Franco kick started his career in the late 1990s appearing on the short-lived television series Freaks and Geeks. From there he's played a number of roles in films such as Pineapple Exp...

Stocks rose on Friday, bouncing back from a week-long sell-off as worries about crude supplies eased and oil prices stabilized.

Shares of Demand Media’s stock were down six percent amid news that Google has changed its algorithm to weed out low quality sites.

Bank of America Corp. is no Fidelity Investments when it comes to retirement accounts, but it boosted retirement assets under management by nearly 10 percent last year and is gunning for more by guiding bank depositors to Merrill Lynch advisers and its new online brokerage channel.

President Barack Obama commended Algeria for formally lifting its state of emergency that has been in place for 19 years.

The United States and Turkey have discussed a range of options with regard to the situation in Lybia, the White House said Friday.

The blog of a college student from Saudi Arabia charged with planning terrorist attacks is a combination of occasional political tracts, mundane daily life, musings on the nature of existence and even poetry.

Joe Jackson, the father of late King of Pop Michael Jackson, has invested in a $2 billion, five-star 1,000-room hotel and amusement park in Vietnam.

Ivory Coast's 80,000 barrel per day SIR refinery is operating at a minimum and is struggling to secure crude oil due to European sanctions aimed at forcing incumbent Laurent Gbagbo from power, a spokesman said Friday.

Having lived with double-digit inflation since Ronald Reagan was in the White House, Venezuelans know a money-stretching trick or two the rest of the world could heed as soaring commodities push up prices.

Shares of Boeing Co gained 4 percent in premarket trade on Friday after the company won a $30 billion contract for 179 new U.S. Air Force refueling planes a day earlier.

In one fell swoop, a nearly evenly split Providence, Rhode Island School Board voted on Monday to send out termination notices to all of the city's nearly 2,000 teachers, citing the need to cut a $40 million school budget deficit by March 1.

A Taiwan-owned plant making parts for Apple Inc said it is offering around 80,000 yuan ($12,177) as compensation to each of the 115 workers hit by chemical poisoning but some of the affected Chinese workers said the sum was not enough.

Whether is it texting during dinner, talking on a cellphone in a public restroom or using a laptop while driving, most people think mobile etiquette is getting worse, not better.

After a moving launch, the 39th and final crew on the space shuttle Discovery is awake and ready to go on their first full day in space.

Crude oil shipments from Libya, the world's 12th largest exporter, have almost halted as reduced production, a lack of staff at ports and security concerns due to violence take their toll, industry sources said on Friday.

Gold and Silver Prices failed to hold onto a sharp overnight bounce in London trade on Friday, trading below $1404 and $33 respectively per ounce as volatility in crude oil remained at record levels but world stock markets rose for the first day in six.

Sheen attacked the show's creator in two interviews. The actor went on a profane rambling against Alcoholics Anonymous, party girls, his ex-wife, founding father Thomas Jefferson and the creator of Two and a Half Men.

Troubled actor Charlie Sheen managed to shut down production of the hit show for the remainder of the season.