Stocks slipped on Friday as a session with sparse economic data gave investors little reason to push indexes higher, but the S&P 500 and Nasdaq remained on track for their eighth positive week in the last nine.
Spain's highest court wants the top court in Europe to decide if requests by Spanish citizens to have data deleted from Google's search engine are lawful, in a case that could put more pressure on it to review its privacy policies.
Wall Street's biggest banks are locked in an increasingly frantic struggle with the Federal Reserve over the right to retain the jewels of their commodity trading empires: warehouses, storage tanks and other hard assets worth billions of dollars.
Apple is currently auditing the Foxconn factories in China which manufacture many of its products like the iPhone, following a spate of bad publicity over working conditions there. As demand for higher wages and increased safety regulations at the factories goes up, so will the price of Apple's products, some industry analysts are saying.
U.S. stocks edged lower on Friday in a session with sparse economic data, but the S&P 500 and Nasdaq remained on pace for their eighth positive week in the last nine.
Spain set itself a softer deficit target for 2012 than originally agreed under the euro zone's austerity drive, putting a question mark over the credibility of the European Union's new fiscal pact.
The U.S. economic recovery could be dented by a renewed drop in housing prices in the short term and the country lacks a credible, comprehensive fiscal plan, posing a major medium-term economic risk, a top IMF official said.
Japan is facing a demographic nightmare that portends a doomsday scenario for its future.
Consumer review website Yelp Inc's shares traded more than 60 percent above their initial public offering price in their market debut on Friday, as investors rushed to buy a piece of the growing local advertising market.
European Union leaders met for a second day of talks in Brussels on Friday, where 25 of the bloc's 27 countries signed a fiscal compact enshrining common debt rules among the 17 members of the euro zone.
Stocks ticked lower in early trading on Friday in a light day on the economic calendar, but the S&P 500 and Nasdaq were on track to close their eighth positive week in the last nine.
South Africa's Impala Platinum Holdings Ltd. said Friday an illegal strike at its key Rustenburg operation has now cost it 120,000 ounces in lost platinum group metals production, which equates to 2.4 billion rand ($322 million) in lost revenue.
The euro zone will decide whether to increase its debt crisis firewall before the end of March after the European Central Bank said its extraordinary support measures would not be repeated, putting the onus squarely back on governments to act.
Futures on the S&P 500 edged lower in sparse volume on Friday in a light day on the economic calendar but were still on track to close their ninth straight week of gains, the longest such run since January 2004.
Wall Street was set to fall at the open on Friday in a light day on the economic calendar, but S&P futures were still on track to close their ninth straight week of gains, the longest such run since January 2004.
Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans.
For Facebook it must look like a no-brainer -- exploit its huge consumer loyalty and half a billion mobile phone users as a way of opening up the mobile market to blue chip advertisers.
Yelp Inc priced its initial public offering of class A common stock at $15 a share, above the expected price range, valuing the U.S. consumer review website at nearly $900 million.
Transatlantic stock exchange NYSE Euronext stands to gain whether or not its rival the London Stock Exchange snatches up hotly contested clearing house LCH.Clearnet - given that NYSE is LCH's biggest shareholder.
Futures on the S&P 500 edged lower in sparse volume on Friday in a light day on the economic calendar but were still on track to close their ninth straight week of gains, the longest such run since January 2004.
Italy must lay the foundations for economic growth and get its debt under control to return to a sovereign 'A' rating, a Standard & Poor's official told newspaper Il Sole 24 Ore for its Friday edition.
The U.S. government has asked a court to dismiss a lawsuit relating to its 2008 takeover of American International Group that was filed by a company run by former AIG Chief Executive Maurice Greenberg, court documents showed.
European Union leaders argued on Thursday over the right balance between budget austerity and reviving lost growth at the first summit for two years in which the euro zone debt crisis did not eclipse all else.
Higher oil prices are affecting U.S. growth but are currently not a reason to think the economy will stall, a top Federal Reserve official said on Thursday.
A Frenchman took Google to court Thursday over a photo published online by its Street View application showing him urinating in his front yard which he believes has made him the laughing stock of his village in rural northwest France.
Microsoft Corp hired as one of its lobbyists a former Federal Trade Commission lawyer who had access to thousands of confidential Google Inc documents, according to a source close to the situation.
European Union leaders met on Thursday to discuss the right balance between budget austerity and reviving lost growth, at the first summit for two years in which the euro zone debt crisis did not eclipse all else.
LivingSocial, the second-largest daily deal company behind Groupon Inc , plans to launch its first credit card in coming months to help merchants attract repeat customers, Chief Financial Officer John Bax said on Thursday.
Federal Reserve Chairman Ben Bernanke and other top officials of the U.S. central bank on Thursday highlighted risks to the economic recovery despite recent signs of strength, but offered few hints that any additional monetary stimulus might be needed.
U.S. auto sales rose nearly 16 percent in February and the annual sales rate leapt to its best level in four years, helped by a surprising sales gain by General Motors Co and strong results from Chrysler Group LLC and Ford Motor Co .
