IBT Staff Reporter

It's really important to remember that achievements are essential to every single resume.

U.S. stocks edged higher on Friday as a sharp jump in new home sales suggested the economic recovery was on track, adding to optimism about corporate earnings.

Xerox Corp posted a higher-than-expected first-quarter operating profit, on rising demand for its document management and printing services from small businesses and developing markets.

(Reuters) - Department of Health and Human Services Secretary Kathleen Sebelius has called on health insurer WellPoint to stop dropping coverage for patients recently diagnosed with breast cancer, calling the practice deplorable.

Sales of newly built U.S. single-family homes rebounded strongly in March to touch their highest level in eight months as buyers rushed into the market to take advantage of a homebuyer tax credit, a government report showed on Friday.

Mitsubishi Motors Corp said on Friday it is aiming to boost its sales by 44 percent this year in the booming China market, with a target to more than double sales there in 2015 from last year's levels.

Schlumberger Ltd , the world's largest oilfield services company, reported a 28 percent drop in quarterly profit, slightly beating Wall Street forecasts, and said the markets outside North America improved.

Honda and Volvo are both planning to launch clean-energy cars in China, joining a growing crowd of domestic players developing such models to take advantage of expected generous government incentives.

Xerox Corp posted higher-than-expected first-quarter operating profit, fueled by growing demand for its document management and printing services from small businesses and in developing markets.

Chinese car makers may have the world's largest market to play in but face many hurdles including a shortage of original models, an overcrowded industry and a lack of overseas acquisition targets before they can challenge for global leadership.

U.S. home prices fell 0.2 percent on a seasonally adjusted basis in February and dropped 3.4 percent in the year, the Federal Housing Finance Agency said on Thursday.

Wall Street was set to open little changed on Friday as investors weighed strong earnings against Greece's move to trigger an aid package that could become the largest state bailout ever attempted.

New orders for long-lasting manufactured goods excluding transportation last month posted their largest gain in more than two years, suggesting the economic recovery was gathering momentum.

Debt-stricken Greece appealed to its European partners and the IMF for emergency loans on Friday, yielding to overwhelming market pressure to set in motion the first financial rescue of a member of the euro zone.

New orders for long-lasting U.S. manufactured goods unexpectedly dropped in March as civilian aircraft bookings plunged, but recorded their largest gain in more than two years excluding transportation, government data showed on Friday.

A Morgan Stanley real estate fund won an agreement with lenders for a 60-day extension on about $2.4 billion in loans used in a troubled hotel investment in Japan, two sources with knowledge of the deal said.

World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis, but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.

New York-based Soros Fund Management LLC will have to pay a fine of 489 million forints ($2.5 million) for unlawful trades in shares of OTP Bank , market regulator PSZAF said.

Greece will ask European governments and the IMF on Friday to trigger billions of euros in emergency loans, a government source said, in what could be the largest state bailout ever attempted.

U.S. stock index futures rose slightly on Friday as Greece asked the European Union and International Monetary Fund to trigger an aid package in what could be the largest state bailout ever attempted.

Goldman Sachs Group Inc was involved as an underwriter and an investor in Lloyds Banking Group Plc's 23.5 billion pound (US$36.1 billion) refinancing in late 2009, the Financial Times said on Thursday, citing four people involved in the capital raising.

U.S. stock index futures rose on Friday as Greece asked the European Union and International Monetary Fund to trigger an aid package in what could be the largest state bailout ever attempted.

Greece asked European governments and the IMF on Friday to trigger billions of euros in emergency loans in what could be the largest state bailout ever attempted.

Shares in mobile telecom gear maker Ericsson rose sharply on Friday, defying weak first-quarter results, as investors took heart from falling costs and prospects for a recovery.

Greek media reported on Friday the government would request the activation of an EU/IMF aid package at 5 a.m. ET but officials would not confirm the reports as that deadline passed.

Greek Prime Minister George Papandreou asked for the activation of an EU/IMF aid package on Friday aimed at pulling the euro zone member out of a debt crisis.

Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rose 0.3-0.4 percent, pointing to a slightly firmer start on Wall Street on Friday.

The euro clawed off a one-year low against the dollar on Friday on news that Greece will ask for financial aid while European stocks snapped a two-day fall, also helped by upbeat corporate earnings.

World number one mobile telecom gear maker Ericsson said tough market conditions hit sales and profits in the first quarter and gave no sign a recovery in operator spending was on the horizon.