Investors dump brokers to go it alone online
The collapse of Lehman Brothers last September marked the start of a downward spiral for big investment banks. For a smaller fraternity of Internet brokerages, it has set off a dramatic spurt of growth.
Microsoft proposes letting users in EU choose browser
Microsoft sought on Friday to end a long-running dispute with EU antitrust regulators as it offered to let users choose their own browser and to provide more interoperability information to third parties.
AMR raises bag check fees for domestic flights
AMR Corp , parent of American Airlines, said on Friday it would raise by $5 the fee it charges to check a first or second bag on domestic flights.
Obama's damage control statement over arrest of Harvard scholar (video)
President Barack Obama called the white police sergeant James Crowley on Friday afternoon and made a surprise appearance in the White House briefing room as he tried to defuse the mounting controversy over his comment that the white police acted stupidly by arresting a Harvard professor at his home.
Aria Air plane crash-lands in Iran, 30 killed
An Aria Air plane operated by Aria Tour crash-landed at the airport of Mashhad in north-eastern Iran on Friday.
After Apple Lawyer Complains Microsoft 'Laptop Hunters' Change but Focus Remain
Microsoft's 'Laptop Hunters' ad campaigns change after Apple lawyers complain about the inaccuracy of the ads claiming they had already lowered its computer price.
Chinese banks support nuclear firm with $66-bln line of credit
China National Nuclear Corporation (CNNC) has signed a cooperation agreement with China Development Bank (CDB) to get credit limit of 100 billion yuan (about $15 billion) from the bank, bringing the total tally of CNNC's intentional credit limits to 450 billion yuan (about $66 billion) with the offers from eight other banks, State Assets Administration Committee (SASAC) said in its website on Thursday.
Nasdaq snaps 12-day run; Dow, S&P 500 edge up
The Nasdaq fell on Friday, halting a 12-day run-up, following Microsoft Corp's disappointing quarterly results, but gains in pharmaceutical and energy shares lifted the Dow and the S&P 500 to fresh 8-month closing highs.
Fallen Canadian icon Nortel starts asset sales
Nortel Networks Corp, a former Canadian tech icon with roots going back to World War One, started selling key assets on Friday in an auction process that has already polarized opinion and sometimes reads like a soap opera.
TIMELINE: Ousted Honduran president heads home
Honduran forces tightened the border with Nicaragua against an attempt by deposed President Manuel Zelaya to enter the country after he was removed in a coup.
Honduran forces tighten border to stop Zelaya
Honduran troops and police tightened the border with Nicaragua on Friday against an attempt by deposed President Manuel Zelaya to enter the country after he was removed in a military coup and sent into exile.
Who acted stupidly, the police or the president?
The tussle between a black Harvard scholar and the white police officer who arrested him is turning into a quesion on presidential judgment.
Obama regrets remarks in racially charged case
President Barack Obama backed down on Friday from a statement that police had acted stupidly in arresting a black scholar in a racially charged case that was rapidly becoming a distraction for Obama.
Microsoft proposes letting users choose browser: EU
Microsoft has offered to let users choose their own browser and provide more interoperability information to third parties in a bid to resolve two antitrust cases, EU regulators said on Friday.
Palm lobs another volley at Apple in smartphone war
Palm Inc has fired another volley at Apple Inc in their smartphone war, as the two rivals tussle over whether iTunes should be compatible with Palm's new Pre smartphone.
Palm and Apple tussle over iTunes and Pre
Palm Inc has fired another volley at Apple Inc in their smartphone war, as the two rivals tussle over whether iTunes should be compatible with Palm's new Pre smartphone.
Oil rises above $68 on economic optimism
Oil rose to top $68 a barrel on Friday on optimism a turnaround in the global economy would lift battered fuel demand.
Obama in unexpected appearance comments again on Gates issue
President Barack Obama made an unexpected appearance at a White House news conference on Friday to say the media frenzy sparked after his comments on the arrest of African American Harvard Professor Henry Louis Gates Jr. is a testimony that these are issues that still very sensitive in America.
CIT plans large debt exchange offer: source
CIT Group Inc is planning a large debt exchange offer within weeks as part of its plan to restructure itself, and any asset sales are likely still some time away, a source close to the company said on Friday.
World's Top 10 weird attractions
Travelers seeking a bit of novelty on their journeys can study toilets from 2,500 BC or join a red-carpet duck parade, according to a list of top 10 weird attractions by travel review website IgoUgo.com.
Nasdaq drops on Microsoft; Dow and S&P flat
The Nasdaq fell on Friday following Microsoft Corp's disappointing quarterly results, but gains in pharmaceutical and energy shares held the Dow and the S&P 500 near break-even.
World's top 5 nude events
If biking or swimming in the nude is your thing, apparently you are not alone with Nude Recreation Week this month celebrating its 32nd year -- but participants advise not to forget the sunscreen.
Police stand by officer who arrested Gates
Police union officials on Friday rallied around the white officer whose arrest of a prominent black scholar sparked a heated debate on race relations in the United States.
Iran supreme leader wants vice president sacked
Iran's top authority called on President Mahmoud Ahmadinejad on Friday to dismiss a senior official who had said Iran was friendly with everyone, even the people of its sworn foe Israel, state television reported.
Activists seek to sue against Kim Jong II to ICC
The Investigative Commission On Crime Against Humanity claimed recently that it was seeking ways to file a suit against North Korean leader Kim Jong II to the International Crime Court (ICC) over alleged crimes against humanity, according to the Associated Press report.
U.N. Ban Ki-moon urges China to lead on climate change battle
United Nations Secretary General Ban Ki-moon urged China, one of the world's top two emitters of greenhouse gases, to become a global leader in the battle against global warming, the Associated Press reported on Friday.
Obama would 'regret' on Gates comments: White House
The White House said Friday President Barack Obama regrets the controversy his comments about the arrest of Harvard Professor Henry Louis Gates Jr. have caused in the media.
Skype singled out as threat to Russia's security
Russia's most powerful business lobby moved to clamp down on Skype and its peers this week, telling lawmakers that the Internet phone services are a threat to Russian businesses and to national security.
Hong Kong forecast worse business, but better employment
Most people are expecting less business opportunities in the third quarter due to the financial downturn, however, they are generally optimistic about the job situation, Hong Kong officials said on Friday.
CIT amends debt offer to attract creditors
CIT Group Inc amended its debt restructuring plan on Friday to encourage more bondholders to tender their notes early, and said it intended to keep restructuring out-of-court if the offer succeeded.