UNITED STATES

Lloyd C. Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., lost about $52 million of his personal wealth this month.

For the second time in a row, the Falcon HTV-2, the unmanned hypersonic glider developed by the Defense Advanced Research Projects Agency (DARPA) for U.S. defense failed its test flight and got lost over the Pacific Ocean on Thursday.

Sprint decided to pull out of providing 4G WiMax service on the Blackberry PlayBook tablet, leaving the tablet with no support from a U.S. carrier. "We apologize for any inconvenience but the BlackBerry 4G PlayBook Tablet that was announced in January for summer availability will no longer be coming to the Sprint network," Sprint said in a statement.

Toshiba Corp <6502.T>, the world's No.2 maker of flash memory, will reduce its semiconductor lineup of as many as 6,000 types in half by the end of this business year to boost efficiency, Nikkei business daily reported without citing sources.

Google still garnered the larger share of the search market with 66% in July, but Yahoo and Bing were more effective when it comes to getting users to actually click on another web site, a report says.

A California man, who pleaded guilty in May to threatening U.S. Representative Jim McDermott, was sentenced Friday to eight months in federal prison.

Regulators closed the 64th bank in the U.S. so far this year on Friday, shutting down First National Bank of Olathe, located in Olathe, Kansas.

Verizon Communications Inc and a union representing about 35,000 striking workers swapped labor complaints on Friday, with both sides complaining that the other was not bargaining in good faith.

A California man who pleaded guilty to threatening to kill U.S. Representative Jim McDermott of Washington state was sentenced to eight months in prison on Friday by a federal judge.

Mortgage and investment schemes targeting troubled U.S. homeowners jumped in 2010 and may increase further if the economy does not improve, the FBI said on Friday.

British rock band Coldplay announced on Friday they will release their fifth studio album on October 25 in the United States and a day earlier elsewhere

Sprint Nextel Corp has scrapped plans to sell a high-speed version of Research In Motion Ltd's PlayBook tablet because of slack demand, delivering another blow to BlackBerry phone maker.

Gold dropped 1.5 percent on Friday, falling further from the previous session's record highs, as a rise in appetite for riskier assets prompted profit-taking from bullion's sharp safe-haven rally this week.

An appeals court dealt a blow to President Barack Obama's healthcare law on Friday, leaving a mark on constitutional law, the healthcare industry, U.S. politics and U.S. states.

Republican Sarah Palin rolled into Iowa's state fair Friday, stealing the spotlight from the party's presidential contenders and sparking a new round of speculation about her plans for 2012.

After one of the most volatile weeks in memory, U.S. stocks ended higher on Friday in a tentative sign that the worst of the selling may be over.

Sprint changed its mind about providing 4G WiMax service on the Blackberry PlayBook tablet, even though it will still sell the wi-fi version. The wi-fi PlayBook version sells for $499.99 in stores and features a 7-inch touchscreen.

Sprint Nextel has scrapped its plans to sell a version of the Research In Motion PlayBook tablet for its high-speed wireless WiMax service after months of promising the device.

Wal-Mart Stores Inc is shaking up its e-commerce structure, putting the people who run stores in developed markets such as the United States in charge of the websites in those countries, according to an internal memo obtained by Reuters on Friday.

Gold and silver prices retreated Friday as investors shrugged off weak consumer sentiment data to step back into stocks and give the S&P 500 a two-day winning streak for the first time since mid-July.

Which party creates more jobs per year, on average -- Democratic presidents or Republican presidents? The answer may surprise you.