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Microsoft proposes letting users choose browser: EU

Microsoft has offered to let users choose their own browser and provide more interoperability information to third parties in a bid to resolve two antitrust cases, EU regulators said on Friday.

Oil rises above $68 on economic optimism

Oil rose to top $68 a barrel on Friday on optimism a turnaround in the global economy would lift battered fuel demand.

Obama in unexpected appearance comments again on Gates issue

President Barack Obama made an unexpected appearance at a White House news conference on Friday to say the media frenzy sparked after his comments on the arrest of African American Harvard Professor Henry Louis Gates Jr. is a testimony that these are issues that still very sensitive in America.

World's Top 10 weird attractions

Travelers seeking a bit of novelty on their journeys can study toilets from 2,500 BC or join a red-carpet duck parade, according to a list of top 10 weird attractions by travel review website IgoUgo.com.

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Wall St slips on results from Microsoft, AmEx

Stocks fell on Friday, pressured by disappointing quarterly results in the tech sector and weak consumer sentiment data.

Vitamin Shoppe parent files for $143.8 mln IPO

Vitamin Shoppe's parent company has filed to raise as much as $143.8 million in an initial public offering.

Citigroup names three directors, adds Grundhofer role

Citigroup Inc said it has appointed three new directors and installed a new chief to oversee its retail banking unit, addressing criticism that it lacks enough leaders with commercial banking experience.

Twitter to pitch add-on tools to businesses

Twitter plans a marketing campaign starting in the next few days to educate users, individual and corporate, about ways to make money off the popular microblogging site.

Oil rises on economic optimism

Oil rose on Friday on optimism a turnaround in the global economy would lift battered fuel demand.

Mid-Day Minute - July 24

Consumer sentiment down, Microsoft slides, Amazon dips

Fiat wins EU clearance to buy Chrysler

Italian automaker Fiat won unconditional approval from the European Commission on Friday to acquire bankrupt U.S. automaker Chrysler CBS.UL as the EU executive said the deal would not hurt competition.

U.S. consumers' mood wanes in late July: survey

U.S. consumer confidence waned in late July to its lowest ebb since April on growing pessimism about the long-term economic outlook, especially about income and jobs, a survey showed on Friday, even as some economists reckon the longest recession in decades may be easing.

Buffett: I'm keeping my Goldman Sachs warrants

Warren Buffett said he has no plans to soon exercise Berkshire Hathaway Inc's warrants to buy $5 billion of Goldman Sachs Group Inc stock, although he could make a big profit by doing so.

Amazon CEO: Kindle Book Deletions stupid, thoughtless and painfully out of the line

Amazon's chief executive officer Jeff Bezos posted an apology message to customers over last week's remote-deletion of illegally sold books.

Wall Street falls on Microsoft results

Stocks fell on Friday as bellwether Microsoft declined on disappointing results, a day after a rally took the Dow industrials above the key 9,000 mark.

Exelon 2Q earnings drop 12 pct on low power demand

Exelon Corporation, the largest operator of nuclear power plants in the U.S., reported on Friday that its earnings declined 12 percent in the second quarter due to a low demand for electricity and more expensive nuclear fuel.

CORRECTED: Wall Street falls on Microsoft results

U.S. consumers' mood wanes in final July read: survey

U.S. consumer confidence waned in late July to the lowest reading since April on growing pessimism about the long-term economic outlook, a survey showed on Friday, even as some economists reckon the longest recession in decades may be easing.

U.S. financial regulators stake out turf defenses

Senior U.S. financial regulators defended their turf in remarks to be delivered on Friday at a congressional hearing on the Obama administration's sweeping regulatory reform agenda.

Wall St falls on Microsoft, AmEx results

U.S. stocks fell on Friday as bellwethers Microsoft and American Express declined on disappointing results, a day after a rally took the Dow industrials above the key 9,000 mark.

Fewer offshore oil/gas wells seen drilled in 2009

The number of new offshore oil and gas exploration wells will shrink by about 15 percent in 2009, as lower crude prices curb investments and hit smaller oil and gas producers, according to data from Derrick Petroleum Services.

U.S. to transfer $200 million to Palestinians

The United States plans to transfer $200 million to the struggling Palestinian Authority to help cover its budget crisis, an Obama administration official said on Friday.

Afghan president vows to regulate foreign troops

Afghan President Hamid Karzai, setting out his election manifesto, vowed on Friday to make foreign troops sign a framework governing how they operate in a bid to limit civilians casualties.

U.S. auto market downturn slows in July: report

U.S. retail auto sales are expected to decline 19 percent in July from a year ago, marking an improvement over declines of more than 30 percent in the first half of 2009, an influential industry tracking service said on Friday.

China's BAIC says fails in bid for GM's Opel

China's Beijing Auto said intellectual property issues were behind its failure to reach a deal with General Motors [GM.UL] over its Opel unit.

Japan sends U.S. letter on

Japan has sent a letter of concern to the United States on a bill recently passed in the U.S. House of Representatives, which contains a provision similar to

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