IBT Staff Reporter

General Motors Co said on Friday its board had not picked a winning bidder for Opel after convening to discuss the automaker's options, leaving the fate of its German unit still uncertain after months of high-stakes negotiations.

AT&T Inc, the exclusive carrier for the iPhone, said on Friday it played no role in a decision by Apple Inc to reject Google Inc's voice application on the handset.

U.S. securities regulators have dropped a stock options backdating investigation against former Pixar Animation Studios Chief Financial Officer Ann Mather, according to a letter obtained by Reuters on Friday.

AT&T Inc, the exclusive carrier for the iPhone, on Friday said it played no role in a decision by Apple Inc to reject Google Inc's voice application on the popular handset.

A majority of college-bound students getting reading for the coming school semester are a preferring to steer away from Mac laptops, a new study reveals. Instead, students are leaning toward affordable netbooks from a variety of manufacturers, according to Retrevo, a consumer electronics website, that conducted the study.

Stocks ended the week at 2009 highs on Friday after a surprising rise in home sales and optimistic comments from Federal Reserve chief Ben Bernanke reassured investors about the prospects for an economic recovery.

Ryan Jenkins, the reality TV star accused in the death of his ex-wife swimsuit model Jasmine Fiore has had more than one domestic altercation with past girlfriends, according to court documents acquired by the Canadian newspaper Calgary Herald.

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.