BUSINESS

The top after-market NYSE gainers Friday were: Teva Pharmaceutical, Lloyds Banking Group, Thompson Creek Metals Company, St. Jude Medical and Flotek Industries. The top after-market NYSE losers were: Hovnanian Enterprises, MGIC Investment Corp, Astrazeneca Plc, Tejon Ranch and 3D Systems Corp.

Most Asian markets fell this week as investors were worried after the U.S. Federal Reserve refused to announce a further round of quantitative easing and the HSBC Flash Purchasing Managers Index (PMI) indicated that China's manufacturing activity was faltering.

The Amazon.com Inc. launch of AmazonSupply in April indicates the shift to online from offline commerce continues apace among industrial consumers, which increasingly prefer to buy goods electronically.

Jerry Sandusky, former assistant coach of the Penn State football team, was found guilty on 45 of 48 counts of child sexual abuse Friday night.

Expectations for U.S. company earnings are on a slippery slope down Wall Street as the euro-zone crisis deepens and economic data around the world disappoints. With one week left in the second quarter, it is a good time to measure revisions in earnings estimates for companies in the S&P 500.

A list of winners and losers in the world of business and economics for the week of June 17.

Apple Inc. has become embroiled in controversy after reports that Atlanta-area Apple Store employees refused sale of iPads and other merchandise to Farsi speakers and people of Iranian descent. At the center of the accusations of racial profiling is how the company is interpreting the U.S. embargo on Iran.

A document surfaced last week that had video-game fans guessing about what's in store for Microsoft's next-generation Xbox 720. It quickly circulated around the Internet, leaving gamers wondering whether there was any truth behind the alleged plans in it. One source has contended the paperwork is in fact legitimate.

With prices at all-time lows, here's a look at some of the best beaches in Greece, where you can help out the Greek economy and get a bargain at the same time.

Tesla Motors Inc. (Nasdaq: TSLA) will begin deliveries of test-drivable, production versions of its long-awaited successor to the Roadster electric car, the Model S sedan on Friday.

While coal has powered the 19th-century Industrial Revolution, heated homes and generated electricity, the era of King Coal has come to an end.

German Chancellor Angela Merkel resisted pressure on Friday for common euro zone bonds or a more flexible use of Europe's rescue funds but agreed with leaders of France, Italy and Spain on a ?130 billion ($156 billion) package to revive growth.

As the much-anticipated Galaxy S3 phone is being rolled out, signs of Samsung's largest-ever marketing campaign are starting to appear in New York -- interactive signs.

Walgreen Co. (NYSE: WAG), the largest U.S. drugstore operator, is facing challenges it has never seen in its 111-year history, and this week it responded to those challenges with a high-stakes strategic move.

Thursday's downgrade contained a veiled threat that pointed at politicians in Germany, the United Kingdom, France and the United States and plainly stated, Stop talking about making the banks responsible for their own follies -- or else.

Google announced a new tool called Google Maps Coordinate on Friday, which helps businesses coordinate tasks and locations via the easy-to-use Google Maps platform. With more than 1.3 billion workers -- 37.2 percent of the total workforce -- expected to be completely mobile by 2015, Google's solution seeks to help businesses communicate with their employees in the field and deploy them with the user-friendly Maps app.

Self-proclaimed travel expert Gabor Orsos is working on a prototypical floating island that will set you back around $5 million to snatch up your own private paradise.

It?s no secret that screen protectors keep your phone clean from dust, fingerprints, and anything else that may contaminate your screen. But what about bullets?

After allegations of racial profiling by Apple Inc. employees against Farsi-speaking customers at Apple stores, the company issued a statement Friday saying it doesn't discriminate against anyone, but it failed to address accusations of specific incidents at Atlanta-area stores.

The attorney for James Whitey Bulger, the reputed Boston gangster who went on the lam for 16 years and was captured in California last year, wants to delay Bulger's upcoming trial for a year, enraging prosecutors.

At Nintendo Direct 2012, the company revealed the first information on its upcoming 'Super Smash Bros.' title coming to Wii U and 3DS. This is one of the most highly-anticipated titles for the Wii U, and the 'Super Smash Bros.' franchise has been a long-running staple of the Nintendo console line.

Cyberdefense specialists in the U.S. and Israel collaborated on the so-called ?Flame? malware that caused havoc with Iran?s nuclear reactors, a top engineer has said.

Forget the currency crisis: On Thursday, the Euro that counts is the soccer championship, pitting Germany versus Greece in the quarterfinals. Rarely in history have sport, politics and economics mixed so deeply.

As expected, the App Store has officially launched in 32 new countries as of Friday, including Albania, Fiji, Namibia, Nepal, and Ukraine. This means that app developers can now sell or distribute their applications for gaming, productivity, news, business, education and entertainment in a total of 155 countries around the globe.

The price of gold was losing value on Thursday in as the U.S. dollar strengthened

The European Central Bank said Friday it was easing the collateral rules on certain asset-backed securities currently pledged by banks as backing for ECB loans. Specifically, the bank will accept lower-quality securities as collateral for loans made to banks without demanding higher cash collateral, as had been the case in the past.

Apparently, McDonald?s spends as much time and effort styling their Big Mac?s as celebrity stylists do when prepping red carpet looks. Thanks to a video supplied by McDonald?s Canada, the world now knows what goes into the food styling process behind how the fast food chain makes the burgers seen in advertisements much more appetizing -- and bigger -- than the real deal.

Wrapping up some fairly important Canadian data this week, CPI numbers were released earlier this morning and showed that inflationary pressures are easing somewhat, continuing to stay of the south side of the Bank of Canada's target.

Few large financial institutions managed to escape unscathed as Moody's repositioned the ratings of 15 banks and securities firms with global capital markets operations after the closing bell on Thursday.