U.S. FDIC eyes Citi top management shake-up: report
The Federal Deposit Insurance Corp is aiming at a shake-up of Citigroup Inc's top management, including replacing Chief Executive Vikram Pandit, the Wall Street Journal said, citing people familiar with the matter.
Brazilian Air Force confirms debris found in Atlantic not from Air France crash
The Brazilian Air force confirmed Thursday night that the that the debris found in the Atlantic was not from that Air France jet that disappeared on Sunday with 228 people on board.
Stocks, oil rise ahead of U.S. jobs data
World stocks rose toward this week's 7-1/2 month high on Friday as resource stocks rallied after oil prices surged past $69 a barrel and optimism grew about an improving U.S. labor market ahead of key jobs data.
National Donut day: Dunkin’ Donuts offers free donut today
Dunkin' Donuts will mark National Donut Day by offering customers a free donut of their choice with the purchase of any beverage on Friday.
Microsoft exec sees lower margins from cloud
Microsoft Corp's chief software architect said on Thursday the profit margins on providing online services -- broadly known as cloud computing -- would likely yield a lower profit margin than the company's existing software business.
Stock futures signal gains ahead of jobs data
U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of key monthly jobs data.
U.S. stock futures signal gains ahead of jobs data
U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of key monthly jobs data.
Asian shares, oil gain; focus on U.S. jobs data
Asian shares, oil and higher-yielding currencies rose on Friday as positive signals from the latest U.S. weekly job data sparked tentative optimism ahead of the crucial monthly employment report.
Asia shares, oil gain, but wary ahead of U.S. jobs
Asian shares, oil and higher-yielding currencies rose on Friday as hopes for a global economic recovery drove up appetite for riskier assets, but traders were cautious ahead of U.S. monthly job data.
Tech firms see 18 percent drop in storage revs: report
Sales of disk storage systems -- which contain much of the world's digital information -- fell 18 percent in the first three months of this year, hit by deep cuts in technology spending, according to industry research firm IDC.
U.S. dismissed JPMorgan, Amex's TARP objections: report
Dismissing strong objections from JPMorgan Chase and American Express Co executives, U.S. regulators insisted the banks raise equity this week before repaying bail-out funds, the Financial Times reported.
U.S. hopes Iran vote will end holding pattern
Whatever the outcome of Iran's June 12 presidential election, the Obama administration hopes Tehran will then end months of stalling and respond to Washington's overtures for better relations.
Speed an issue in Air France crash, search goes on
Brazilian search teams on Thursday scoured choppy Atlantic waters for remains of a crashed Air France jet after the first debris retrieved by helicopter turned out to be trash.
Obama seeks to change Muslim perceptions of U.S.
President Barack Obama sought to change Muslim perceptions of the United States on Thursday in a speech that urged Arabs and Israelis to declare in public the realities he said they accept in private.
Just a few on Twitter do all the tweeting: study
A tiny fraction of those who use the fast-growing social network phenomenon Twitter generate nearly all the content, a Harvard study shows.
U.S. to impose financial sanctions on North Korea: report
The United States has told South Korea it is preparing financial measures to punish North Korea for illicit weapons trade and counterfeit activities in the wake of its nuclear test last week, a newspaper report said on Friday.
Tiananmen protesters in U.S. lament stunted movement
Three Chinese dissidents who spent much of the past 20 years behind bars for marring Mao Zedong's portrait at Tiananmen Square said the students who led that movement have failed to continue the struggle.
Nintendo rejected rivals' technology choice: FT
Nintendo Co Ltd tried and rejected the motion-sensing technology that Sony Corp and Microsoft Corp are counting on to catch up in the video games wars, the company's president told the Financial Times.
Nintendo rejected rivals' technology choice: report
Nintendo Co Ltd tried and rejected the motion-sensing technology that Sony Corp and Microsoft Corp are counting on to catch up in the video games wars, the company's president told the Financial Times.
Canon revives new plant as camera sales hold firm
Japan's Canon Inc, the world's largest digital camera maker, revived on Friday plans to build a $180 million factory as demand holds firm for its high-end single-lens reflex cameras, lifting its shares 1.6 percent.
Jason Priestley to direct online series
TheWB.com is teaming with former Beverly Hills, 90210 star Jason Priestley for The Lake, a new online series.
Countrywide's Mozilo charged with fraud
Angelo Mozilo, who built the largest U.S. mortgage lender, was charged with securities fraud and insider trading on Thursday, making him the most prominent defendant in investigations into the U.S. subprime mortgage crisis and housing bust.
Sony joins Universal, YouTube for music video site
Sony Corp's Sony Music Entertainment will join the online music video service being developed by Google Inc's YouTube and Universal Music Group.
First Third CEO looks forward to paying back bailout funds
Kevin T. Kabat, the chief executive of Fifth Third Bancorp said Tuesday the firm is looking forward to consulting with regulators about repaying the government’s financial bailout funds after the firm said it had completed a common stock offering which raised $1 billion.
Rio and BHP in iron ore tie-up, ends Chinalco deal
Global miners Rio Tinto and BHP Billiton said on Friday they will combine their major Australian iron ore operations, scuppering a $19.5 billion bid by China's Chinalco to secure a stake in Rio and long-term access to its key ore supplies.
GM to give over $2.5 billion for Delphi buyout: report
General Motors Corp will give more than $2.5 billion of the $3.6 billion needed for Platinum Equity to gain control of bankrupt car parts supplier Delphi Corp , the Wall Street Journal said, citing a source.
Rio ends Chinalco deal, plans $15.2 billion rights issue
Global miner Rio Tinto scrapped its proposed $19.5 billion tie-up with Chinese firm Chinalco on Friday and instead launched a heavily discounted $15.2 billion right issue.
Tesla launches New York, London centers this month
Tesla Motors will open seven new sales and service centers by the end of June in the U.S. and Europe, the all-electric car manufacturer said today.
U.S. Energy secretary: 'I am a Nerd'
Energy Secretary Steven Chu addressed the community of Harvard University on Thursday for a commencement speech humorously calling himself a nerd.
Veteran safety Wilson signs contract extension with Arizona
The Arizona Cardinals have signed twice Pro Bowl safety Adrian Wilson on a fresh five-year contract, the team said on Thursday.