IBT Staff Reporter

Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender.

Siemens AG is on the look out for a new chief executive for its mobile phone network equipment joint venture Nokia Siemens Networks , Siemens supervisory board member Sibylle Wankel told reporters on Friday.

Unarmed Bronx teenager shot and killed in his apartment on Thursday.

Traffic tickets generate large revenue for the city without having to raise taxes on residents.

The economy created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama as campaigning heats up ahead of November elections.

Walgreen Co is being hit by its withdrawal from the Express Scripts Inc pharmacy network and by a much-weaker-than-expected flu season, leading it to temper its expectations for the number of prescriptions it will fill this year.

Manhattan woman has been arrested for allegedly stalking and extorting money from Yankees General Manager Brian Cashman.

Apple Inc said it was cleared to resume selling older models of its iPhone and 3G-based iPads via its German online store on Friday, after the suspension of an injunction won by Motorola Mobility Holdings Inc in December.

New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed.

Investors are holding more cash than at any time since the Lehman Brothers collapse to protect themselves against volatile financial markets, presenting them with a dilemma - where to hold that money when banks are looking shaky.

Advanced Micro Devices' new chief executive was praised by Wall Street analysts for his aggressive plan to fight bigger rivals and tap new opportunities, but lack of details left them cautious.

U.S. job creation is accelerating throughout the economy, giving President Barack Obama's reelection bid a boost and increasing the chances the jobless rate could improve faster than the Federal Reserve expects.

After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.

The U.S. economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, indicating last quarter's growth carried into early 2012.

British police said on Friday they were investigating reports that the activist hacker group Anonymous had hacked into a conference call between FBI agents and London detectives to discuss action they were taking against hacking.

It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.

The U.S. economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, indicating last quarter's growth carried into early 2012.

The U.S. economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, indicating last quarter's growth carried into early 2012.

Stocks rallied more than 1 percent on Friday, extending a rally in equities, after a report showed U.S. job growth surged in January.

Aon Corp posted a higher quarterly profit that narrowly beat market estimates as the world's largest insurance broker continued to reap the benefits from its acquisition of Hewitt Associates.

The deal will give the new company a 22 percent share of the mobile telephone market with over 2.8 million customers and more than €700 million ($920 million) in combined revenue for 2011.

Sprint Nextel , like its bigger rivals, is expected to report a steep decline in fourth-quarter profit margins due to its launch of the costly Apple Inc iPhone.

Apple Inc stopped offering older models of its iPhone and 3G-based iPads at its German online store on Friday in a response to an injunction won by Motorola Mobility Holdings Inc in December.

Stock index futures pointed to a sharply higher open on Friday after the government reported the U.S. economy created jobs at the fastest pace in nine months, infusing optimism into markets.

Aon Corp., the world's largest insurance broker, posted a higher quarterly profit that narrowly beat market estimates on higher revenues from its human resources segment.

Aon Corp , the world's largest insurance broker, posted a higher quarterly profit that narrowly beat market estimates on higher revenues from its human resources segment.

The economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, indicating last quarter's growth carried into early 2012.

Stock index futures edged higher on Friday as investors awaited the monthly payrolls report to see whether to make more large bets in risk assets after recent equity gains.

Stock index futures edged higher on Friday as investors awaited the monthly payrolls report to see whether to make more large bets in risk assets after recent equity gains.