Fed should not over-commit to easy policy: Bullard
The Federal Reserve should be wary about over-committing to an ultra-easy monetary policy that has served the economy well in recent years but could be detrimental eventually, a top Fed official said on Friday.
Google charts a careful course through Asia's maps
Google rushed out its panoramic Street View maps in Thailand on Friday as part of the country's efforts to show tourist hot spots have recovered from last year's floods.
Futures flat, S&P on track for weekly drop
U.S. stock index futures were little changed on Friday after equities suffered their worst percentage drop in two weeks, with the S&P 500 on track for its first decline in the past six weeks.
Analysis: Do not panic: The rally in risk assets is for real
If you're waiting for the next meltdown in U.S. stocks or in commodities, you may want to get over it.
Stock index futures point to slightly higher opening
Stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 up 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures 0.4 percent higher at 1040 GMT.
Saudi to fill in for any Iran disruption: IEA
Saudi Arabia will be able to pump enough oil to compensate for any loss of Iranian output caused by Western sanctions, the head of the International Energy Agency said on Friday.
Analysis: Global oil outages at 1.2 million bpd in March: survey
Global oil supply outages are running at more than a million barrels a day, a Reuters survey has found, helping provide justification for the United States and Britain should they release strategic reserves in a bid to cut oil prices.
Share issuance of volatility product to resume: Credit Suisse
Credit Suisse said it will resume issuance of shares of a controversial leveraged exchange-traded product that roiled markets a month ago.
Japan regulator strips AIJ registration: minister
Japan's financial regulator has stripped AIJ Investment Advisors of its registration as an asset manager after the company was unable to account for the bulk of $2.4 billion in pension funds, Financial Services Minister Shozaburo Jimi said.
Hot Topic gets Hunger Games lift but may not last
Teen retailer Hot Topic Inc said it has sold out some of its merchandise for The Hunger Games even before the highly anticipated, post-apocalyptic film opens in theaters on Friday.
Oracle investor sues over $200 million settlement
An Oracle Corp. investor sued the company and members of its board of directors on Thursday for allegedly trying to stonewall a whistleblower lawsuit that ultimately resulted in a $200 million settlement.
Oracle Investor Sues Over $200M Settlement
An Oracle Corp. investor sued the company and members of its board of directors on Thursday for allegedly trying to stonewall a whistleblower lawsuit that ultimately resulted in a $200 million settlement.
Exclusive: UAW steps up bid to organize VW U.S. plant: sources
The United Auto Workers union is soliciting signatures of support from workers at Volkswagen AG's U.S. factory, an escalation of its effort to establish a foothold outside the Detroit automakers.
Brazil oil regulator: Chevron leak not negligence
Brazil's oil regulator said Chevron was not negligent in the drilling of a well that caused an offshore oil spill in November, a finding that may help the company to fight criminal charges and an $11 billion lawsuit.
Ernst & Young suit over Lehman heads to state court
A lawsuit from New York's attorney general accusing accounting firm Ernst & Young LLP of helping to hide financial problems at Lehman Brothers Holdings Inc. has been sent from federal court to the New York state court where it was originally filed.
BlackBerry maker seeks Apple-focused app developer
BlackBerry maker Research In Motion wants to hire a software developer with deep experience building applications for Apple's iPhone and iPad, according to a job posting on its LinkedIn page.
Micron posts mixed results as low chip prices weigh
Micron Technology posted mixed quarterly results, and investors pushed its shares lower after the company said persistently low prices for its memory chips had yet to recover.
AIG says repaid government $1.5 billion
American International Group said on Thursday it has repaid the Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis.
Fed officials clash on view of economy
The gap between the Federal Reserve's dovish core and its hawkish wing was on display on Thursday as a top Fed official said the economy is in better shape even as Fed Chairman Ben Bernanke focused on a source of weakness.
AIG says repays U.S. government $1.5 billion
American International Group said on Thursday it has repaid the U.S. Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis.
T-Mobile USA closing call centers, cutting staff
T-Mobile USA is cutting 1,900 jobs, or about 5 percent of its workforce, as it closes seven call centers, and the company said it may cut more jobs in coming months.
EBay to sell Rent.com to PRIMEDIA
EBay Inc agreed to sell its Rent.com unit to PRIMEDIA as the company shifts away from classified and listings businesses to focus on other e-commerce and payments efforts.
Opel to submit plant closure plan to board: sources
General Motors' Opel managers will present a business plan next Wednesday to the unit's board that likely will involve closing two plants in Europe to reduce manufacturing capacity by some 30 percent, people familiar with the company's thinking said on Thursday.
Micron eyes improved memory chip prices
Micron Technology posted mixed quarterly results hurt by low prices for its memory chips but said market conditions appeared to be improving.
Morgan Stanley directors win pay lawsuit dismissal
Twelve directors of Morgan Stanley have won dismissal of a shareholder lawsuit accusing them of letting the Wall Street bank overpay its employees even while accepting taxpayer-funded federal bailouts.
AIG says repays government $1.5 billion
American International Group said on Thursday it has repaid the Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes the government and Federal Reserve $45 billion for the bailout it received during the financial crisis.
Micron posts mixed quarterly results
Micron Technology posted quarterly revenue above expectations, but pressure on its sales of NOR flash memory hurt gross margins and contributed to a bigger-than-expected loss.
Jobless claims at 4-year low, lift recovery hopes
The number of Americans claiming new unemployment benefits dropped to a four-year low last week, bolstering hopes a recent pick-up in job growth will prove lasting.
Wall Street retreats but bull market still alive
Cyclical sectors led stocks lower on Thursday, setting the S&P 500 up for its first negative week in six, after factory data showed a slowdown in both the euro zone and China.
ECB's Gonzalez-Paramo: Growth stabilizing at low level
Euro zone growth is stabilizing at low levels, ECB policymaker Jose Manuel Gonzalez-Paramo said on Thursday, adding that the situation in the 17-country currency bloc nonetheless remains fragile.