UNITED STATES

A U.S. appeals court on Friday reinstated a breach of contract claim against Yahoo Inc by an Oregon woman who said the company failed to remove nude photos and fake profiles posted by her estranged boyfriend after promising to do so.

The Obama administration is expected to propose legislation by June calling for the U.S. Federal Reserve to play a central role in regulating systemic risk in the economy, trade association sources said on Friday.

The Obama administration is expected to propose legislation to Congress by June calling for the U.S. Federal Reserve to regulate systemic risk in the economy, three trade association sources said on Friday.

Thought Sacha Baron Cohen couldn't get any more outrageous?

The U.S. unemployment rate rose from 8.5 to 8.9 percent in April with 539,000 jobs lost, the Bureau of Labor Statistics of the U.S. Department of Labor reported Friday.

Ford Motor Co. said Friday it is requesting $440 million from the U.S. Department of Energy to finance the restructuring of a former SUV plant in Michigan to manufacture small and electric cars, Bloomberg reported.

AT&T Inc is close to a $2.5 billion deal to acquire the bulk of Alltel Wireless assets being divested by Verizon Communications Inc , sources familiar with the situation said Friday.

Battery maker EnerDel and automaker Fisher Karma are looking to strike a deal that will provide batteries for a new plug-in hybrid car set to launch in June 2010.

The rebuilding of the World Trade Center site needs to get back on track, New York State Assembly Speaker Sheldon Silver said on Friday, saying that at least two World Trade Center towers should be built without further delay.

U.S. President Barack Obama will deliver a speech to the Muslim world in Egypt next month, seeking to repair ties that were severely damaged under his predecessor George W. Bush.

President Obama’s military office aide resigned on Friday after an uproar over a low altitude flight by a jumbo jet used as Air Force One he approved over New York City which led bystanders to believe was part of another terrorist attack.

U.S. stocks rose on Friday, and the Nasdaq capped its longest stretch of weekly gains in a decade as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy.

Strike up the band, boys, happy days are here again! Recently released short-term economic data, including unemployment claims, non-farm payrolls, home sales, and business spending, which had been so unambiguously horrific in February and March, are now just garden-variety awful.

A group of Chrysler LLC's dissident lenders disbanded, representatives said on Friday, removing the last legal hurdle to the automaker's quest to complete a merger with Italy's Fiat SpA with U.S. government backing.

U.S. employers cut 539,000 jobs last month, the fewest since October, according to government data on Friday that signaled the economy's steep decline might be easing and gave the stock market a boost.

U.S. stocks rose on Friday, and the Nasdaq capped its longest stretch of weekly gains in a decade as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy.

The month of April was no different to the previous as U.S. employers were once again left with no option but to slash their workforce yet again as the recession took another bite of the economy, slashing jobs by 539,000.

Tourists heading south for the winter may be transported to their dream destination in windowless airliners flying in formation like geese if Airbus accepts the advice of tomorrow's potential aircraft engineers.

Shares of American International Group rose above $2 for a second day on Friday, on signs Chief Executive Ed Liddy is making progress on stemming the financial bleeding at the insurer rescued by a massive government bailout.

Oil rose more than 3 percent on Friday to touch a near six-month high as the results of the U.S. governments stress test for big banks and U.S. jobs data added to optimism about the economy.

U.S. stocks rose on Friday as results of bank stress tests fueled hopes that the worst is over for the financial sector, and news of fewer-than-expected April job cuts suggested the economic slump is moderating.