IBT Staff Reporter

Exxon Mobil Corp is evacuating staff from its Sable Offshore Energy Project off the coast of Nova Scotia before Hurricane Bill arrives in the area this weekend.

Suntech Power Holdings Co Ltd posted a higher-than-expected second-quarter profit on Thursday but trimmed its full-year forecast for shipments and said prices on solar panels were still falling sharply, sending shares down 3 percent.

COLOGNE, Germany - Films and videogames would seem a match made in heaven, so why are games based on hit movies so bad? Despite sharing the same demographic of devoted fans, action, sci-fi and fantasy films rarely translate into branded videogame hits.

In an effort to combat falling advertising revenue, News Corp executives have been proposing the formation of a consortium with other publishers to charge for news distributed on the Internet and on portable devices, the Los Angeles Times reported on its website.

Stock index futures rose on Friday as investors looked to a speech from Federal Reserve Chairman Ben Bernanke and new data on the sale of existing homes for a fresh insight into the economy.

Central bankers around the world may be gathering to solve the world's problems at their annual mountain retreat hosted by the Federal Reserve Bank of Kansas City, but the only fur coat being sported in the lobby of the Jackson Lake Lodge is by a stuffed grizzly bear.

Oil touched a high for this year above $73 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.

Caterpillar and Navistar International Corp are in talks with China's Jianghuai Automobile to set up a truck venture, a source said, as the firms become the latest foreign players to tap the market dominated by Chinese state auto groups.

Stock index futures rose on Friday as investors looked to a speech from Federal Reserve Chairman Ben Bernanke and new data on the sale of existing homes for a fresh insight into the economy.

Oil touched a year-high above $73 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.

Oil rose over $73 a barrel on Friday, off a seven-week high, ahead of further pointers on the economic health of the United States, the world's top energy consumer.

Oil eased below $73 a barrel on Friday, tracking back from a seven-week high, as caution braked gains ahead of further pointers on the economic health of the United States, the world's top energy consumer.

Stock index futures pointed to a lower open on Wall Street on Friday, with futures for the S&P 500 down 0.12 percent, Dow Jones futures down 0.39 percent and Nasdaq 100 futures down 0.42 percent at 0730 GMT.

The fate of Opel hangs in the balance as General Motors is poised to pick a buyer for the European carmaker after months of negotiations.

Fujitsu Ltd , Japan's biggest IT services firm, nearly quadrupled its annual net profit forecast after it unloaded shares in industrial robot maker Fanuc Ltd for 89 billion yen ($945 million), parrying speculation that it needs to raise capital.

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.

Oil eased below $73 a barrel on Friday, reversing an earlier surge to a seven-week high, as optimism over the pace of demand recovery in top energy consumer, the United States, faded on the back of mixed economic data.

U.S. sales of existing homes likely rose to their highest level in 10 months in July, according to a Reuters poll, as buyers rushed to take advantage of a tax credit for first-time homeowners.

Oil eased below $73 a barrel on Friday, reversing an earlier surge to a seven-week high, as optimism over the pace of demand recovery in top energy consumer, the United States, faded.

Most Asian stock markets edged higher on Friday, keeping a wary eye on volatile Chinese shares, while currency traders went on the defensive after a wild see-saw week and mixed U.S. economic data, bidding up the safe-haven yen.

A Chinese court has jailed four people for spreading their bootleg Tomato Garden version of Microsoft's Windows XP program, in what the Xinhua news agency called the nation's biggest software piracy case.

U.S.business software maker Salesforce.com Inc posted better-than-expected quarterly results and raised its outlook for the full year, sending its shares up 9 percent on Thursday.

U.S. telecommunications regulators on Thursday sought public comment on how to define broadband, a step that could impact how the industry delivers Internet services to consumers.

Japan's Nikkei stock average slipped on Friday as automakers slumped ahead of the end of the U.S. cash for clunkers program and prompted investors to sell broadly ahead of the start of Chinese stock trading.

If it's raining outside or hurricane season is in full swing, it won't just be real-life sports affected but also sports video games with real-time weather starting to impact virtual players.

Starbucks Lowers Prices; LEDs with a Twist; Hurricane Bill to Bear Down

Both athletic shoe retailer Foot Locker Inc and Hibbett Sports Inc , which sells athletic shoes in addition to other sporting goods, posted disappointing quarterly results as consumers searched for a reason to shop in a discretionary retail environment.

The U.S. economy is recovering more strongly than expected from its worst recession in decades, but next year will be lackluster and risks of a double-dip downturn remain, economists said in a Reuters poll.

If earnings reports released on Thursday are a sign of business to come, U.S. apparel retailers will have to continue cutting costs and discounting as slumping sales persist.