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Airlines launch industry wide fare hike

Major U.S. airlines have matched a domestic fare increase initiated by AMR Corp's American Airlines, marking the fifth industry wide fare hike in 2009, a top fare analyst said on Friday.

Iran fails to accept U.N.-drafted nuclear deal

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Iran on Friday failed to accept a U.N.-drafted plan for it to cut a stockpile of nuclear fuel that the West fears could be used for weapons, instead calling for responses to its own proposal.
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Suicide bomber kills eight in Pakistan

A Taliban suicide bomber killed eight people outside a key Pakistani airforce facility Friday, with officials quick to deny suggestions the target was linked to the country's nuclear program.
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Exelon revenues slide, trims forecast

Power company Exelon Corp posted an 8 percent increase in third-quarter profit, but its revenue fell far short of Wall Street expectations and it dropped its forecast to the bottom end of its previous range.
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Honeywell profit tops Street view, shares up

Diversified U.S. manufacturer Honeywell International Inc posted a 15 percent profit drop that was far less severe than analysts had forecast, sending its shares higher in light premarket trading.
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GM CEO to get rise in compensation -report

General Motors Chief Executive Fritz Henderson will get a rise in his compensation package to $5.45 million under new rules advocated by the U.S. pay czar, Bloomberg said, citing a person familiar with the matter.
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Fortune Brands profit tops view; ups outlook

Fortune Brands Inc reported a quarterly profit that topped analysts' estimates on Friday and said each of its business units performed at or above its expectations, sending shares of the consumer goods company up 2.4 percent.
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Japan may weaken CO2 target if no global pact

Japan could weaken its target for a 25 percent cut in greenhouse gas emissions by 2020 if all major emitters do not reach agreement on an ambitious global climate pact, the environment minister said Friday.
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Bernanke: Fed mulling bank capital surcharge

U.S. Federal Reserve Chairman Ben Bernanke said on Friday regulators are considering a capital surcharge on large banks as one way to reduce the risk any one firm's problems could destabilize the financial system.
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Investment risks could maim Kyoto emissions scheme

A combination of investment risks threatens to obstruct an already stumbling U.N.-backed $6.5 billion market in clean energy projects in emerging nations, years before the scheme's first phase is due to end.
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Bernanke: Bank capital surcharge under review

U.S. Federal Reserve Chairman Ben Bernanke said on Friday regulators are considering a capital surcharge on large banks to reduce the risks that any one firm's problems could destabilize the financial system.
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Oil holds above $81, skeptical on economy

Oil prices rose on Friday, holding above $81 a barrel, but skepticism economic recovery was robust enough to spur a convincing rise in fuel demand limited the appetite to extend this week's powerful rally.
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Intel assures Clearwire on investment info: report

Intel Corp assured Clearwire Corp it is closely guarding its investment information on the wireless-broadband company after an insider-trading scandal surfaced last week, the Wall Street Journal reported, citing Clearwire chief executive Bill Morrow.
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Oil eases towards $81 on economy caution

Oil prices edged lower on Friday, back toward $81 a barrel, as skepticism economic recovery was robust enough to spur a convincing rise in fuel demand curbed appetite to extend this week's powerful rally.
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World stocks end 3-day losing run

World stocks broke a three-day losing run on Friday and hovered near their 12-month high, boosted by the Dow's return above 10,000 points, while the dollar briefly touched a new low for the year against the euro.
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Asia shares rise on earnings news, dollar slides

Asian shares rose on Friday as investors were encouraged by upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. rates would remain low.
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GM CEO to get raise in compensation: report

General Motors Chief Executive Fritz Henderson will get a raise in his compensation package to $5.45 million under new rules advocated by the U.S. pay czar, Bloomberg said, citing a person familiar with the matter.
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GM CEO to get rise in compensation: report

General Motors Chief Executive Fritz Henderson will get a rise in his compensation package to $5.45 million under new rules advocated by the U.S. pay czar, Bloomberg said, citing a person familiar with the matter.
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Asia shares rise on earnings, dollar resumes slide

Asian shares nudged higher on Friday on the back of upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. interest rates would remain low.
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Calpers reviewing relationship with Apollo: report

Calpers, the biggest U.S. public pension fund, is reviewing its business relationship with Apollo Global Management, examining fees, performance and the relationship as a whole, the Wall Street Journal reported on Thursday, citing documents outlining the review.

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