UNITED STATES

Verizon Wireless sold more iPhones online

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Verizon Wireless sold more iPhones online than in stores, its top executive told Reuters, disputing a concern that the sparse crowds that greeted the launch of the Apple Inc device signaled low sales.
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Canada to lead North American Q1 auto gains: report

Canada will outpace the United States and Mexico in first-quarter automobile production growth, which will add roughly 1.5 percentage points to the country's economic growth, according to a report released by Bank of Nova Scotia.
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Fed's Lacker says oil price risks manageable

Oil price gains to date do not pose a risk to the U.S. economy but they could prove nettlesome if they jump a lot higher or create an inflationary psychology, Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday.
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Gold: The Once and Future Money

For most of the last three millennia, the world's commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it's not. It's one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so,...
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Wall St closes higher as oil stabilizes

U.S. stocks rose on Friday, bouncing back from a three-day sell-off as oil prices stabilized, but unease over the Libyan rebellion could be enough to keep buying in check.
Tourists arrive to spend the day on West Ship Island, as BP contractors laid boom offshore to contain an oil spill off the coast of Gulfport, Mississippi May 6, 2010.

Mississippi Rates as Most Conservative U.S. State

The state of Mississippi has the largest percentage of people in the United States who identify themselves as conservative, with just over half of people making that self-assessment, according to poll results.
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Global IPOs have best start to year on record

Global listings activity has been the highest on record so far this year, with firms raising a total of $24 billion to date, according to Thomson Reuters data, boosted by buoyant stock markets and improved investor interest.
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Jobless claims drop signals improvement

Jobless claims fell more than expected last week, dragging down a closely watched moving average to a more than 2-1/2-year low in a sign the labor market was gradually healing.
A sign announces a section of road work funded by the American Recovery and Reinvestment Act U.S. economic stimulus plan in the Denver area

U.S. budget analysis: Stimulus boosted employment

The non-partisan U.S. Congressional Budget Office said on Wednesday the economic stimulus plan enacted in 2009 boosted U.S. employment by as much as 3.5 million people in the final quarter of last year. The report said the cost of the economic program enacted by the then Democratic-controlled Congress and signed into law
Khalid Aldawsari blog

Saudi Terror Suspect's Blog Reveals Musings On Life

The blog of a college student from Saudi Arabia charged with planning terrorist attacks is a combination of occasional political tracts, mundane daily life, musings on the nature of existence and even poetry.
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Fourth-quarter growth revised down unexpectedly

The economy grew more slowly in the fourth quarter than initially estimated as government spending shrank more sharply and consumer spending was less robust, a government report showed on Friday.
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U.S. seeks more data on Protalix drug; shares sink

Health regulators want more data on Protalix Biotherapeutics Inc and Pfizer Inc's experimental drug for Gaucher disease before deciding whether to approve the therapy for patients with the rare genetic disorder.
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Gold near $1,400/oz, supported by Mideast unrest

Gold held near $1,400 an ounce in Europe on Friday, supported by interest in the metal as a haven from risk as violence flared in Libya, but struggled to maintain traction as some investors cashed in this week's hefty gains.

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