IBT Staff Reporter

No longer Wall Street's top over-achiever, network equipment maker Cisco Systems Inc must persuade wary investors it can fight off rivals such as Hewlett-Packard Co and soothe concerns about public sector spending cuts.

According to a recent survey, Wi-Fi borrowing is up 18 percent from December 2008.

The S&P 500 posted its best week in nine on Friday as the market defied calls for a pullback, and investors rotated into defensive and lagging sectors in a move that could intensify in coming weeks.

Tighter budgets at the Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding.

Experts trying to figure out how to avoid another flash crash are considering big changes to the U.S. stock marketplace, and one is recommending special rebates during times of stress and a crackdown on off-exchange dark trading.

The pace of economic recovery has reached escape velocity from the worst recession in decades, though the nation may not return to full employment until 2014, a top Federal Reserve researcher said on Friday.

The owners of the New York Mets were accused of reaping $300 million of fictitious profits from Bernard Madoff's record Ponzi scheme, a lawsuit by the trustee seeking money for Madoff's victims said.

The media artists, Paolo Cirio and Alessandro Ludovico, say they used customized software to take Facebook data and eventually create a dating website.

Telcel, the commercial brand of tycoon Carlos Slim's cell phone giant America Movil, proposed new, lower fees for its rivals to connect to the company's massive network in Mexico on Friday.

U.S. stocks, led by insurer Aetna, finished the day strong amid a conflicting U.S. jobs report from the Dept. of Labor.

Tighter budgets at the U.S. Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding.

Steven A. Cohen, whose hedge fund firm SAC Capital Advisors has drawn scrutiny in a federal insider trading probe, may be facing a more pressing problem: diminishing returns.

Researchers at Sophos, a computer security firm, have found that apps from the Android Market automatically download to a mobile device once the user chooses the app on the Web site, leaving users open to some types of attack.

Analyst Kim Caughey Forrest says Verizon's record sale of iPhones today was old news before it even happened.

Public furor over bankers' pay seems to be abating in the United States but is still strong in Europe, which could give American banks an edge in recruiting staff around the world.

Verizon Wireless ended online sales of Apple Inc's iPhone on Thursday evening, after beating its previous launch-day phone sales record in just two hours.

The owners of the New York Mets baseball team turned a blind eye to Bernard Madoff's Ponzi scheme and should give up roughly $300 million of fictitious profits tied to the now imprisoned swindler, a lawsuit charges.

The following is an edited interview with Ellen Lust, a professor of political science at Yale University

Stocks ended higher on Friday and the S&P 500 posted its best week in nine as the market defied calls for a pullback.

Health insurer Aetna Inc forecast 2011 earnings at least 13 percent above Wall Street's target on Friday and dramatically increased its dividend to the highest in the industry, sending its shares up more than 10 percent.

Germany and France tried to win backing for a pact to strengthen the euro zone economy on Friday, but many other EU states were angered by what they saw as a 'fait accompli' and the measures contained in it.

The U.S. Immigration and Customs Enforcement's (ICE) Homeland Security Investigations (HIS) seized several websites that were illegally streaming sporting events over the Internet.

The owners of the New York Mets were accused of reaping $300 million of fictitious profits from Bernard Madoff's record Ponzi scheme, a lawsuit by the trustee seeking money for Madoff's victims said.

No. 2 U.S. homebuilder PulteGroup Inc's quarterly pretax loss narrowed and said its underlying business is operating at about a break-even level.

The owners of the New York Mets were accused of reaping $300 million of fictitious profits from Bernard Madoff's record Ponzi scheme, a lawsuit by the trustee seeking money for Madoff's victims said.

Stocks were headed for their best week in nine on Friday as the market defied calls for a pullback despite signs of rotation into defensive and lagging sectors that could intensify in coming weeks.

Britain, worried about a growing threat from cyber espionage and cyber crime, offered Friday to host an international conference to tackle such issues.

Employment rose by a meager 36,000 jobs in January, far less than expected, as severe snow storms slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.

If people on Earth want to talk to aliens, we may have to change our tune - or at least the way we broadcast it. And we may need a crowd to help figure out what to do.