U.S. consumer sentiment rises in September: survey
U.S. consumer sentiment rose in early September to the strongest in three months with growing expectations the economy will improve, a survey showed on Friday. Read Full Article here.
FedEx shares jump on improved outlook
FedEx Corp said profits in both the current and next quarters would be higher than Wall Street expected, citing an improving economy and stable fuel prices, and its shares jumped 6.8 percent to their best level in nearly a year. Read Full Article here.
Microsoft $358 million damage award overturned
A U.S. court of appeals on Friday overturned a $358 million damages award against software maker Microsoft Corp in a long-running patent dispute with French telecoms equipment firm Alcatel-Lucent. Read Full Article here.
Patience needed in post-Lehman deal making
Dealmakers are not known for their patience. Yet that'swhat's needed more than anything else a year after Lehman's collapse. Read Full Article here.
Delta in talks to take Japan Airlines stake: source
Delta Air Lines , the world's largest carrier, is in talks to take a minority stake in Japan Airlines Corp <9205.T> in a bid to expand its reach in Asia, a source familiar with the matter said on Friday. Read Full Article here.
U.S. posts $111.4 billion August budget deficit
The U.S. government on Friday posted a smaller-than-expected $111.40 billion budget deficit for August, marking a record-matching 11 straight months of deficits. Read Full Article here.
World must help China shift to clean growth: Stern
China will have to retool its engines of economic growth to help the world avoid increasingly dangerous levels of greenhouse gas emissions in coming decades, a leading expert on the economic impact of climate change said. Read Full Article here.
Nokia buys small U.S. social media firm
Top cellphone maker Nokia said on Friday it had bought assets in U.S. based social media firm Plum Ventures Inc, but did not disclose the value of the deal. Read Full Article here.