IBT Staff Reporter

The Gold Price in Dollars slid to a near 6-week low in early London trading on Friday, dropping below $1360 an ounce, but then bounced back to $1369 as New York trading began and Non-Farm Payrolls showed a rise of 103,000 - below analyst forecasts - and the labor-force participation rate slipped further below two-in-three.

The following are highlights from a U.S. Senate Budget Committee hearing on Friday with testimony from Federal Reserve Chairman Ben Bernanke.

Local-search provider Local.com Corp lowered its fourth-quarter outlook hurt by a fall in revenue from a key customer Yahoo Inc following the Yahoo-Bing integration, sending its shares down 14 percent in pre-market trade.

Stocks lost ground on Friday as financials were hit by a court ruling that voided two home foreclosures and as data showed disappointing jobs growth last month.

A few leading trends that could characterize jobs and work in 2011

Despite winning three matches by an innings to take the Ashes series 3-1, England skipper Andrew Strauss claims his side are yet to peak.

The battle for 4G space intensified as both Motorola and HTC launched their 4G smartphones with key carriers.

Employers hired fewer workers than expected in December and a surprisingly large number of people gave up searching for work, tempering the positive news of a big drop in the unemployment rate.

Stocks fell further on Friday as bank shares were pressured by a court ruling on foreclosures and a drop in Qualcomm Inc dragged the Nasdaq composite index 1 percent lower.

Stocks fell on Friday as bank shares lost ground after a Massachusetts court ruling against Wells Fargo and US Bancorp in which two home foreclosures were voided.

Scientists have solved a longstanding mystery of why the Sun's outer atmosphere, or corona, is millions of degrees hotter than its surface. The answer lies in fountains of plasma called spicules that shoot up from the Sun's surface.

The world is greeting the news with reserve as John lost his wife to cancer just a month back

The latest Sounscan numbers show that music sales continue their downward spiral with fewer artists touchning the platinum mark

Toyota Motor U.S.A., Inc., today reported December sales results of 177,488 units, a decrease of 2.0 percent from the same period last year.

Chinese authorities are planning to construct a “seven-star hotel” in western Beijing’s Mentougou district, about 30 kilometers from the Chinese capital center, in a $1.3 billion joint project with Saudi Arabia.

The recapitalization of bailed-out insurer American International Group Inc is likely to close next week, a person familiar with the matter said on Friday, as AIG shares touched fresh highs on news it was getting closer to the deal.

Stocks were little changed on Friday as investors treaded lightly after a mixed U.S. employment report that fell short of increased expectations of recovery in the labor market.

The aluminum industry has struggled for two years since the recession, but demand and prices have started to rise and one of the metal's biggest producers, Alcoa Inc , is poised to start growing in profitability, analysts say.

BlackBerry-maker Research In Motion wants 18-24 months to address security concerns raised by Indian agencies who have been demanding access to its corporate email services, two newspapers reported on Friday.

The U.S. economy created far fewer jobs that expected in December, suggesting the Federal Reserve will complete its asset buying program, but the unemployment rate dropped to its lowest in more than 1-1/2 years.

The U.S. economy may be finally hitting its stride, even if growth remains too weak to put a real dent in the nation's jobless rate, Federal Reserve Chairman Ben Bernanke said on Friday.

The recapitalization of bailed-out insurer American International Group Inc is likely to close next week, a personal familiar with the matter said on Friday, as AIG shares touched fresh highs on news it was getting closer to the deal.

(Corrects first comment to say net revision was 70,000 jobs)

Top U.S. consumer electronics chain Best Buy Co's December same-store sales fell 4 percent as bargain-hungry shoppers turned more to such rivals as Target Corp .

The following are highlights from a U.S. Senate Budget Committee hearing on Friday with testimony from Federal Reserve Chairman Ben Bernanke.

Economy in both the euro area and the EU27 grew at a much slower pace in the second quarter, according to the second estimate by Eurostat, the official statistical office of the European Union

Employers hired fewer workers than expected in December and a surprise fall in the unemployment rate to its lowest level in more than 1-1/2 years was in part due to people giving up the search for work.

Dell, known for its laptop and desktops, has launched a new Android 2.2-based touchscreen tablet computer Streak 7, expanding its mobility portfolio. The computer giant also showcased a new smartphone, the Venue.

The aluminum industry has struggled for two years since the recession, but demand and prices have started to rise and one of the metal's biggest producers, Alcoa Inc , is poised to start growing in profitability, analysts say.