Panic gripped the U.S. West Coast despite a fraction of media's active campaign to quell the fears of harmful radiation from earthquake-torn Japan blowing in the wind.
U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
U.S. food company General Mills has won the bidding for a stake in Yoplait, and will pay 800 million euros ($1.1 billion) for 50 percent of a yogurt brand whose U.S. distribution rights it has long held.
Brent crude jumped by more than $1 to $116 on Friday on fears of rising geopolitical tension in the oil-rich Middle East and North Africa, after the United Nations approved military action to contain Libyan leader Muammar Gaddafi.
Private equity fund PAI Partners and French dairy co-operative Sodiaal confirmed they had entered exclusive talks with General Mills toward a sale of 50 percent of yogurt brand Yoplait.
Brent crude jumped by more than $1 to stand above $116 on Friday on fears of rising geopolitical tensions in the oil-rich Middle East and North Africa, after the U.N. approved military action to curb Libyan leader Muammar Gaddafi.
Microsoft Corp claimed credit on Thursday for taking down one of the biggest producers of spam e-mail in a joint effort with federal authorities across the United States.
CBOE Holdings Inc's second exchange, C2, could quickly boost its market share once it lists the exclusive Standard and Poor's 500 Index option, the head of a rival exchange said on Thursday.
The Group of Seven industrial nations agreed on Friday to jointly intervene in the currency market to stem a sharp yen rise that complicates Japan's battle with the devastation caused by last week's violent earthquake and an unfolding nuclear crisis.
General Motors Co said it would temporarily idle its pick-up truck plant in Louisiana due to a parts shortage stemming from the crisis in Japan.
The Group of Seven finance chiefs said authorities from the United States, Britain, Canada and the European Central Bank will join with Japan in joint foreign exchange intervention from Friday, at the request of the Japanese authorities.
The yen skidded on Friday after the Group of Seven finance ministers agreed to act to limit the currency's strength, with the dollar popping above 81 yen in a move that could put further pressure on players to unwind long yen positions.
Kraft Foods said on Thursday it upped the U.S. prices for many of its coffees this week, raising Maxwell House by 22 percent, the biggest of four hikes in the past year as roasters face soaring markets.
Apple Inc may face shortages of key components for its newly-released iPad 2 as a result of the earthquake in Japan, according to a report released on Thursday.
Some of the largest U.S. banks will be notified on Friday whether they passed a second round of stress tests conducted by the Federal Reserve, the Wall Street Journal reported on Thursday.
The United Nations Security Council has approved military strikes on Libyan air defenses, a move following weeks of talks led by France, Britain and the United States to mobilize the international community to take action against the regime of Muammar Gaddafi, which is engaged in armed conflict with rebels.
Sales of electronic books in January increased by more than 115 percent compared to the same time the year before, a report released by the Association of American Publishers said on Thursday.
Borders Group Inc is set to close another 28 of its superstores on top of the 200 locations it is already shutting down as part of its reorganization under bankruptcy protection.
The United Nations Security Council on Thursday voted to approve a no-fly zone over Libya and all necessary measures to protect civilians from attacks by forces led by Muammar Gaddafi.
U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
A Senate committee will step up oversight of the government's unpopular TARP bank bailout program now it is losing one of its watchdogs, a top senator said on Thursday.
The New York Times will start charging for full access to its website as it takes another stab at getting readers to pay for news.
