IBT Staff Reporter

JP Morgan Chase & Co raised concerns about Galleon hedge fund founder Raj Rajaratnam and his associates as far back as 2001, the Financial Times reported, citing an internal company document seen by the newspaper.

Sony Corp posted a loss for the fourth consecutive quarter, hit by sluggish cellphone sales and as it cut prices of its PlayStation 3 game gear, but trimmed its full year loss forecast close to market expectations.

What do Jigsaw from Saw, Freddy Krueger, and Jason from Friday the 13th all have in common, besides serial killing? Video games, if the horror stars' latest round of promotions are to be believed.

The U.S. economy's return to growth during the third quarter shows stability has been regained but recovery is fragile and needs nurturing, Treasury Secretary Timothy Geithner said on Thursday.

What do Jigsaw from Saw, Freddy Krueger, and Jason from Friday the 13th all have in common, besides serial killing? Video games, if the horror stars' latest round of promotions are to be believed.

(Corrects to remove reference in third paragraph to year-ago operating profit which was on a parent, not consolidated basis)

Samsung Electronics, the world's top maker of memory chips and LCD screens, reported on Friday its best ever quarterly net profit on a resurgent memory sector and forecast a strong 2010.

U.S. third quarter growth data was very encouraging and showed the economy has stabilized but still faces difficulties, Treasury Secretary Timothy Geithner said on Thursday.

Samsung Electronics , the world's top maker of memory chips and LCD screens, reported on Friday record quarterly net profit on a resurgent memory sector and brisk sales of flat screens and mobile phones.

MetLife Inc , the No. 1 U.S. life insurer, posted its third straight quarterly loss on Thursday, hurt by investment losses, some of which were tied to improvement in the company's own credit spreads.

U.S. Economy Grows Again; Geithner Sees Early Stability; Landlords See Hope

CIT Group is likely to file for bankruptcy in the coming days, analysts and experts said.

U.S. digital media company RealNetworks Inc swung back into the black in the third quarter as cost-cutting offset sliding revenue from music and games.

The Federal Reserve should lose its authority to bail out big, failing financial firms like AIG and Bear Stearns under proposed reforms aimed at limiting the collateral damage from such failures, U.S. Treasury Secretary Timothy Geithner said on Thursday.

Two of the largest U.S. apartment landlords said on Thursday they see something in their sector that's been missing for the past few years -- a little optimism about the future.

US EQUTIES regained all of Wednesday's losses as risk tolerance jumped back into the markets after US 3rd quarter GDP beat expectations, in particular a downgrade released by Goldman Sachs earlier in the week.

The clock will really start ticking on a deal to create the world's biggest confectioner once Kraft Foods Inc reports earnings next week.

McAfee Inc , the No. 2 U.S. security software maker, reported quarterly revenue that missed Wall Street projections as sales to consumers grew at their slowest rate in almost two years.

Hospital operator Universal Health Services Inc reported higher quarterly net earnings on Thursday as revenue rose slightly, operating margins improved while costs were cut.

U.S. military chiefs plan to present recommendations on troop strength and strategy in Afghanistan to President Barack Obama on Friday as White House deliberations reach an end stage, Pentagon officials said.

MetLife Inc , the No. 1 U.S. life insurer, said on Thursday it posted a quarterly loss, hurt by investment losses, some of which were tied to improvement in the company's own credit spreads.

The Australian Dollar opens higher against the greenback today at 0.9140. The Aussie spent most of the local session beneath US90 cents yesterday but bounced back to life offshore after U.S. economic growth data came in higher than anticipated. The U.S. economy grew at a 3.5 per cent annual pace in the September quarter prompting a rally in stocks and commodities and a move by investors back into high-yielding currencies.

U.S. stocks logged their best one-day percentage gain in three months on Thursday as investors saw data showing the U.S. economy returned to growth in the third quarter as brightening the outlook for profits.

The Obama administration's new proposal for tackling financial risk in the U.S. economy, unveiled just two days ago, came under attack on Thursday from Congress and regulators, with questions raised about its funding and scope.

World Series schedule for Thursday's Game 2 featuring the New York Yankees against the Philadelphia Phillies is set to start by 7:57 p.m. EST at the Yankee Stadium.

U.S. stocks logged their best one-day percentage gain in three months on Thursday as investors saw data showing the U.S. economy returned to growth in the third quarter as brightening the outlook for profits.

U.S. stocks rallied on Thursday as GDP data showing the U.S. economy returned to growth in the third quarter buoyed hopes of a sustained rebound in corporate profits.

Major U.S. auto dealerships see only a grudging recovery in demand in 2011, a cautious outlook at odds with the consensus view that the battered industry could see a double-digit percentage rebound.

Motorola has been generating a lot of buzz with its Motorola Droid which is all set to beat the iPhone. After the entire sneak peak on the pictures and specs, it has finally been given a test run and the reviews are out.