IBT Staff Reporter

Stocks fell on Friday, putting the S&P 500 on pace for its first weekly decline in the past six, after another snag in negotiations for a financial bailout package for Greece.

The Federal Bureau of Investigation has released its file on Apple co-founder Steve Jobs, who back in 1991 was up for a job on President George Bush's Export Council.

The Disney Channel -- home to bubbly fare from Hannah Montana to High School Musical -- has emerged as a potent global engine for Walt Disney Co after decades of quiet expansion. And it couldn't come at a better time for the Mouse House.

Ann Pettway, who kidnapped and raised a child as her own, will plead guilty to charges of kidnapping Friday.

A California-based hedge fund manager surrendered to FBI agents on insider-trading charges on Friday, an FBI spokesman in New York said.

Money manager AllianceBernstein LP turned in another disappointing financial report on Friday, with fourth-quarter profit and revenue falling short of Wall Street expectations as clients continued to pull money out of its stock funds.

Google Inc is expected to win approval next week from European regulators as well as U.S. antitrust authorities for its planned $12.5 billion purchase of Motorola Mobility , according to people familiar with the matter.

U.S. stocks dropped on Friday, putting the S&P 500 on pace for its first weekly decline in the past six, after another snag in negotiations for a financial bailout package for Greece.

Sprint CEO Dan Hesse said his company might benefit from the collapse of the AT&T bid for T-Mobile USA.

Man who assaulted woman on the tracks of a subway station has been arrested.

Roman Catholic Church leaders unveiled an Internet teaching project on Thursday to help clergy around the world root out pedophiles in their ranks and protect children from potential abusers.

Incoming CEO Kazuo Hirai aims to re-shape Sony Corp by linking hardware and software through online networks -- a model he used at its PlayStation unit -- dismissing any suggestion the battered brand would revert to a gadget-centered strategy under his management.

Chinese e-commerce group Alibaba plans to take its Hong Kong-listed unit private, two sources familiar with the matter said, as part of a complex deal that would strengthen founder Jack Ma's control and give key stakeholder Yahoo cash and a direct stake in one of Alibaba's operating businesses.

Americans turned less optimistic about the economy in early February on worries about falling income even as their outlook on the jobs market rose to a record high, a survey released on Friday showed.

Excess capacity in aluminium smelting will drag on for years to come, even while losses weigh on producers, as political pressures in China and Russia to keep jobs and push self-sufficiency prevent or delay plant closures.

Chemical maker LyondellBasell Industries NV's quarterly operating profit fell far short of Wall Street's expectations as refining margins dropped and customers conserved cash.

Portugal's economy will shrink as much as Greece's this year, according to IMF projections. The two will have identical current account deficits and the red ink in Portugal's budget will be almost as deep as in Greece's.

Americans turned less optimistic about the economy in early February on worries about falling income even as their outlook on the jobs market rose to a record high, a survey released on Friday showed.

Concerns about weak incomes weighed on consumer confidence in early February, but rising optimism over the jobs market should help to support spending and the broader economy.

The U.S. trade deficit widened slightly more than expected in December, as stronger U.S. economic growth lifted imports to the highest level in three-and-a-half years.

Economists in a survey see the unemployment rate falling much faster this year than previously expected, an improvement in the jobs market that could help President Obama's re-election chances.

LyondellBasell Industries NV's quarterly operating profit fell far short of Wall Street expectations as refining margins dropped, pushing its stock down 8 percent in premarket trading.

Stocks dropped on Friday as the most recent flare-up in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak.

Striking Greek workers denounced a new wave of austerity on Friday as an imposition too far by Europe and the IMF. Finance Minister Evangelos Venizelos told the nation it faced a stark choice between sacrifices inside the euro area and bigger sacrifices outside.

Stocks dropped on Friday as the most recent flare-up in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak.

AllianceBernstein LP , a New York-based money manager controlled by French insurer AXA , said on Friday that net revenue fell 20 percent in the fourth quarter as clients continued to pull money from its stock funds.

Economists see the unemployment rate falling much faster than previously expected this year, even though they slightly lowered their outlook for economic growth, a survey released on Friday showed.

Apollo Global Management LLC became the latest private equity group on Friday to report lower fourth-quarter earnings due to mark-to-market valuations of its assets, even as the cash flow from its share of investment profits more than tripled.

Striking Greek workers denounced a new wave of austerity on Friday as a demand too far by the IMF and EU, but Finance Minister Evangelos Venizelos told the nation it had to decide within days whether to take the pain and stay in the euro or not.