IBT Staff Reporter

Leading U.S. bank regulator Sheila Bair said on Friday that the government's capital injections into the largest banks was probably not a good thing.

Dell Inc is entering the smartphone market, with its first device to launch in China in late November, followed by Brazil toward the end of the year.

U.S. consumer sentiment soured in early November on grim job prospects while a larger-than-expected trade deficit had analysts scaling back estimates for third-quarter U.S. economic growth.

U.S. auto sales in November will not fall back below levels seen in October, the chief U.S. sales analyst for Ford Motor Co said on Friday.

Tony Alamo, the leader and founder of Tony Alamo Christian Ministries was on Friday sentenced to 175 years in prison for child sex crimes committed over a period of 10 years.

Cisco Systems Inc shareholders narrowly approved a say on pay proposal giving them a greater voice in setting executive compensation.

Major technology companies seem to be launching multibillion-dollar acquisitions every other week, and those who don't join the race may be at risk of getting run over.

Two computer programmers designed codes to falsify thousands of fake trade blotters and phantom records for swindler Bernard Madoff and took hush money to help keep the massive fraud going, U.S. authorities said.

Water can be found on the moon, scientists said Friday, making it the oddest place to contain this natural, life-sustaining liquid.

Contestant in the ABC TV reality show, Tom Sparks, died last week after suffering a stroke, The Wrap reported.

Shares of Palm Inc rose 8 percent on Friday fueled by rumors that bigger rival phone maker Nokia may be eyeing the maker of the Pre and Pixi smartphones.

The Polaroid camera was first famous for being an instant film camera but since then, it hasn't released any new products to match it in terms of popularity.

U.S. stocks rose on Friday, setting up a second straight week of gains, as upbeat retail news reinforced hopes for strong sales in the key holiday season.

U.S. stocks rose on Friday, setting up a second straight week of gains, as upbeat retail news reinforced hopes for strong sales in the key holiday season.

Oktoberfest in Munich. Kim and I figured, we're so close to Germany - we've just gotta do it, don't we? We felt out a couple of ex-pat friends. They were game. We booked our flight.

Jazz Air Income Fund said on Friday it continues fighting for access to Toronto's downtown airport, but Air Canada's a regional feeder airline could not point to any progress in its legal action.

People love going on vacation to Italy. People also love island vacations. But, these two vacation ideas rarely intersect. Most think of Greece when they think of Mediterranean islands; and of course

End 'Too-Big-To-Fail,' says JPMorgan Chief; Consumers Down; No Double-Dip

South Korea's National Pension Service (NPS) will sign an 800 million pounds ($1.33 billion) sale and leaseback deal next week for HSBC's European HQ in London, an official at the fund said on Friday

Megabank Mitsubishi UFJ Financial Group Inc plans to boost its capital by about 1 trillion yen ($11 billion) through public offerings of common shares by the end of the year, the Nikkei business daily said.

China's Huawei Technologies took the No. 2 position in the ailing mobile network gear market in the third quarter, almost doubling its market share from a year ago, and bypassing Nokia Siemens.

U.S. consumer sentiment fell in early November amid a grim outlook for future job prospects, although separate data showing rising imports in September raised some hopes of renewed U.S. economic growth.

Shares of GVT, the Brazilian telecommunications target of a takeover attempt by two global rivals, posted on Friday their biggest tumble since late August, as suitors are seen as increasingly unlikely to raise their bids further.

The dollar fell across the board on Friday after unexpectedly weak trade deficit and consumer sentiment figures stoked worries about the outlook for a U.S. economic recovery. Gains in the U.S. stock market also helped boost risk appetite, pressuring the safe-haven greenback and lifting the euro and higher-yielding currencies such as the Australian and New Zealand dollars.

Nortel Networks Corp said on Friday that, in light of discussions with interested parties, it will delay the auction of its global optical networking and carrier ethernet businesses.

Suncor Energy Inc, Canada's biggest oil company, said on Friday it has earmarked C$5.5 billion ($5.23 billion) for capital expenditures next year and will restart projects the economic crisis had forced it to suspend.

Lafarge, the world's largest cement maker, and Shui On Construction and Materials Ltd are set to spinoff their cement joint venture, aiming to raise $500 million-$600 million from a Hong Kong initial public offering in 2010, sources close to the matter said.

The U.S. imported slightly more than 1 million barrels of crude oil per day from Saudi Arabia during the first 8 months of 2009. Despite a decline of more than 33 percent compared to the same period in 2008, Saudi Arabia was still the third largest source of U.S. crude oil imports during the first 8 months of this year, according toEIA import data.

U.S. department store operator J.C. Penney Co Inc forecast earnings for the holiday quarter that could surpass Wall Street expectations, and its shares rose 7.2 percent on Friday.