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Dow, S&P cut gains on dollar; Nasdaq falls

The Dow and S&P cut early gains on Friday on strength in the U.S. dollar, while the Nasdaq turned negative after disappointing quarterly results from a semiconductor company pressured tech stocks.
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ABC to tap Stephanopoulos as co-anchor of GMA

ABC News plans to announce on Thursday that George Stephanopoulos will become an anchor of Good Morning America in a long-expected change that sees Diane Sawyer step up to head the U.S. network's nightly news.
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AT&T to pass 2 mln U-Verse users today

AT&T Inc expects to pass 2 million customers for its U-Verse video service today, Ralph de la Vega, the company's head of its wireless business and consumer markets, said on Wednesday.
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TI boosts eps, rev target but shares fall

Texas Instruments Inc on Tuesday raised its fourth-quarter earnings target and said revenue would be at the high end of its forecast range, but its shares fell almost 2 percent as some investors had even higher expectations.
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Wall Street falls on recovery uncertainty

Stocks fell on Tuesday after a disappointing outlook from 3M Co and weak domestic sales at McDonald's Corp fanned worries that sluggish consumer spending threatened the economic recovery.
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Bank of America CEO candidate under scrutiny: report

Bank of America Corp's Chief Risk Officer Greg Curl is under scrutiny by New York attorney general Andrew Cuomo's office in connection with the probe of the bank's merger with Merrill Lynch, the New York Times reported.
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Singer Blige feels Stronger with each challenge

On the chorus of her latest single, I Am, Mary J. Blige sings in her riveting voice: Ain't nobody gonna touch you better... more than I am. Since breaking through with her first R&B charting single and first No. 1 in 1992, You Remind Me, few performers have touched fans' inner emotions quite like Blige.
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Six more U.S. banks closed

Regulators seized six more U.S. banks on Friday, bringing the tally of failures to 130 this year as the bank industry continues to suffer under the weight of deteriorating loans.
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There's something in the air: augmented reality

Technophiles and developers seeking the next tech breakthrough were drawn to the Dutch city of Rotterdam on Friday to hear augmented reality promoted as a way of changing their view of the world.
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U.S. hospitals turn to GE for surgical cuts

Virtua's Miller said he first became interested in GE's consulting capabilities when Immelt visited during his time running GE's health care arm, before becoming CEO in 2001.
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Market flat as ISM offsets BofA repayment

Stocks were little changed on Thursday as data showing that the vast U.S. services sector contracted in November stoked concerns about the strength of the recovery, offsetting Bank of America's plan to repay $45 billion of government aid.
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Obama to offer troop increase, timetable for Afghan

President Barack Obama will say on Tuesday he is sending 30,000 more U.S. troops to Afghanistan by next summer to speed the battle against the Taliban and plans to bring some soldiers home in 19 months.
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Fed's Plosser says policy must be preemptive

The U.S. Federal Reserve must be prepared to raise interest rates if needed before the jobless rate has fallen to an acceptable level, or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday.
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Fed's Plosser: Timely withdrawal of stimulus crucial

The Federal Reserve must be prepared to raise interest rates if necessary before the jobless rate has fallen to acceptable levels, or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday.
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Obama to lay out long-awaited Afghan plan

President Barack Obama plans to announce on Tuesday that he will send about 30,000 more U.S. troops to Afghanistan in a long-awaited war strategy shift that he hopes will defeat the Taliban and allow for a U.S. exit.

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