IBT Staff Reporter

British utility Centrica won EU regulatory approval on Friday for its acquisition of North Sea gas company Venture Production, removing a barrier to some shareholders accepting the deal.

U.S. Federal Reserve Chairman Ben Bernanke and other central bankers said on Friday the worst global recession in 70 years was nearing a close but warned it would be a long, slow climb back to normal growth.

The Federal Reserve on Friday lifted an estimate of the value of Bear Stearns and American International Group assets used to secure their rescue last year, potentially reducing losses to U.S. taxpayers.

Chrysler Group LLC Deputy Chief Executive Jim Press said he plans to leave by November, ending a two-year stint at the automaker that included its slide into bankruptcy, according to two people briefed on the still-confidential discussions.

Stocks ended sharply higher on Friday as investors were reassured by comments from Federal Reserve Chairman Ben Bernanke on prospects for an economic recovery. Confidence also was helped by stronger-than-expected housing data.

Dow Jones & Co Inc has been talking to potential buyers about the sale of its stock-market indexing business, which includes the Dow Jones Industrial Average , The Wall Street Journal reported on Friday.

Clinical trials for the new swine flu vaccine have turned up no red flags, U.S. health officials said on Friday.

Hurricane Bill weakened slightly on Friday as it followed a path between the U.S. East Coast and Bermuda, but the tiny British territory warned its residents to prepare for dangerous surf and possible flooding.

Meat Loaf is staying relatively tight-lipped about his next album, which is expected in 2010, but he can't help gushing about what a great time he's having making it.

A luxury ski holiday company has called in liquidators after failing to attract enough customers, leaving Britain's Prince Andrew out of pocket by nearly 27,000 pounds ($44,710).

Oil rose nearly $1 toward $74 a barrel to settle at a 10-month high on Friday as data in the United States promised economic recovery and a potential revival in energy demand.

Iceland is roughly the size of Ohio, but for a small country, it packs a really big punch. Waterfalls thunder over cliffs

From Lewis & Clark to Jack Kerouac to the movie Road Trip, we have always felt the allure of the open road. Whether crossing the Rockies, the Mississippi, or the Great Plains, the road trip has always been the most quintessential of American getaways.

A federal appeals court in New York ruled that a Yahoo Inc Internet radio service is not required to pay fees to copyright holders of songs it plays, a defeat for Sony Corp's BMG Music.

The S&P 500 index rose 2 percent briefly on Friday as investors were reassured by comments from Federal Reserve Chairman Ben Bernanke on prospects for an economic recovery, with confidence also boosted by better-than-expected housing data.

New York City announced the closure of beaches in Queens, Brooklyn and Staten Island on Friday in a bid to protect beachgoers against possible big waves as hurricane Bill approaches Bermuda.

Gaps are simply areas on the bar chart where no trading has taken place. An upward gap occurs when the lowest price for one day is higher than the highest price of the preceding day. A downward gap means that the highest price for one day is lower than the lowest price of the preceding day. There are different types of gaps that appear at different stages of the trend. Being able to distinguish among them can provide useful and profitable market insights. Three types of gaps have forecasting val...

Stocks surged to 2009 highs on Friday after a surprising increase in existing home sales offered solid evidence of a recovery and positive comments from Federal Reserve Chairman Ben Bernanke bolstered optimism about the economy.

Women's clothing retailer AnnTaylor Stores Corp beat Wall Street's profit expectations on Friday, helping to send shares up 1.5 percent.

A former UBS banker and key informant in the U.S. tax evasion case against Swiss bank UBS AG was sentenced to three years and four months in prison on Friday for helping a billionaire hide assets from U.S. tax authorities.

A new global reserve system is needed after the global financial crisis exposed the U.S. dollar-based system as flawed and risky, Nobel Prize-winning economist Joseph Stiglitz said on Friday.

Microsoft Corp and Yahoo! Inc are joining a group of opponents to a class action settlement that gives Google Inc the right to digitize millions of books, the companies said on Friday.

Oil rose nearly $1 toward $74 a barrel on Friday, after earlier hitting 2009 highs, as data in the United States promised economic recovery and a potential revival in energy demand.

A small plane ferrying medical specimens crashed near Teterboro Airport, New Jersey on Friday morning and the two men on board were seriously injured.

Michael Jackson's burial has been postponed until September 3 from August 29, family representatives said on Friday, without giving a reason for the date change.

Amy, a seasoned administrative professional, had taken her career in a different direction over the last two years.

The U.S. dollar is likely to rise in the week ahead as investors seek safety amid doubts about the strength of the global recovery after a sell-off in Chinese stocks.

Chrysler Group LLC Deputy Chief Executive Jim Press has conveyed his plans to leave the automaker by November, according to a person briefed on the still-confidential discussion.

These two short-term continuation patterns mark brief pauses, or resting periods, during dynamic market trends.