Stocks fell on Friday as economic data from China and Europe fueled fears of a global economic slowdown while Morgan Stanley plummeted due fears about its exposure to European banks.
Stocks fell on Friday, putting equities on track for their worst quarter since 2008, as economic data from China and Europe fueled fears of a global economic slowdown.
Stocks fell on Friday, putting equities on track for their worst quarter since 2008, as economic data from China and Europe fueled fears of a global economic slowdown.
On Wednesday, T-Mobile joined Verizon in filing an amicus brief in the most recently contested Apple vs. Samsung case over the design of the Galaxy line of tablet computers and phones. The original suit was filed in April in Northern California and covered seven utility patents, three design patents, several iOS app icons, and a number of trade dress designs for the iPhone, iPod touch, and iPad, as well as the packaging for the Apple products.
Gold prices gained steadily if modestly Friday as demand from India and bargain hunting offset a resumption of investor flight to dollar liquidity.
World stocks fell on Friday with European shares on track to mark their biggest quarterly loss since the collapse of Lehman Bros three years ago as European economic readings compounded pessimism over global growth.
World stocks fell on Friday with European shares on track to mark their biggest quarterly loss since the collapse of Lehman Bros three years ago as European economic readings compounded pessimism over global growth.
European stock index futures fell Friday, putting shares there firmly on course to post their biggest quarterly decline since the months following the collapse of Lehman Brothers three years ago.
This year's Nobel Peace Prize -- to be announced in a week -- will be as interesting as the ones awarded to Barack Obama and Chinese dissident Liu Xiaobo, the head of the Norwegian Nobel Committee told Reuters Thursday.
Reebok International Ltd has agreed to pay $25 million to settle charges that it made unsupported claims that its toning shoes help wearers get fit faster, the U.S. Federal Trade Commission said on Wednesday.
Gold jumped more than 1 percent on Friday after Germany's approval for expanding the euro zone bailout fund offered temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.
Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.
Asian stocks steadied on Friday with big gains unlikely as investors looked to take profits after three days of gains, while the euro held its tiny increase following Germany's approval to expand the euro zone bailout fund.
Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.
Asian stocks steadied on Friday with big gains unlikely as investors looked to take profits after three days of gains, while the euro held its tiny increase following Germany's approval to expand the euro zone bailout fund.
Russian film and TV director Tatyana Lioznova, best known for her series Seventeen Moments of Spring, died on Thursday in Moscow, state TV reported. She was 87.
Stocks mostly rose in a volatile session on Thursday as stronger-than-expected economic data and German approval of a beefed-up Eurozone crisis fund relieved two of the worst fears hanging over the market.
Swiss bank UBS AG said on Thursday interim Chief Executive Sergio Ermotti, in office for nearly a week following the departure of Oswald Gruebel, would drop his business responsibilities with other companies.
Gold prices hovered in a tight range Thursday as bullish and bearish forces pinned the yellow metal to a virtual standstill.
The Dow and S&P 500 rose on Thursday on stronger-than-expected economic data and German lawmakers' approval to strengthen the euro zone's crisis fund, while big-cap Internet shares dragged on the Nasdaq.
The Dow and S&P 500 rose on Thursday on stronger-than-expected economic data and German lawmakers' approval of new powers for the euro zone's crisis fund, while weakness in big-cap Internet names weighing on the Nasdaq.
It is some measure of the depth of concern at Europe's debt crisis that some market players are actively discussing the chance of the European Central Bank printing euros -- something it has said it will never do.
