IBT Staff Reporter

A U.S. bankruptcy court judge on Friday approved a $2.2 billion bulk transfer that would bring the recovery of nearly all U.S. commodities customers of fallen brokerage MF Global to about 72 percent of their accounts.

The U.S. Justice Department said on Friday it would seek to stay or dismiss its lawsuit to stop AT&T Inc's purchase of T-Mobile USA because AT&T withdrew its application with the Federal Communications Commission, which must approve the deal.

The European Central Bank is capping its weekly bond purchases at 20 billion euros and euro zone officials want banks to use its big new liquidity offer to buy more sovereign debt, ECB sources said on Friday.

An index of consumer sentiment rose to its highest in six months in early December and the trade deficit narrowed in October in the latest signs that the U.S. economy's health is slowly improving.

Samsung Electronics Co won a round of its bruising global patent fight with Apple Inc on Friday when an Australian court lifted a ban on the sale of its Galaxy tablet computer in time for the busy Christmas shopping season.

Chelsea manager Andre Villas-Boas has admitted that he is not bothered if he is unpopular, even among his own players, while defending his attack on the club's critics after the Champions League win over Valencia.

A 10-year-old boy shot by his mother in a standoff at the state food stamp office in Laredo, Texas, earlier this week died after his estranged father chose to take him off life support, Laredo police said on Friday.

The euro zone has agreed to take a big leap forward in economic integration, but failed to deliver a convincing answer to investors worried about its ability to tackle threatening debt crises in Italy and Spain.

A man who fatally shot a Virginia Tech police officer on Thursday apparently died of a self-inflicted gunshot wound, Virginia State police said on Friday.

Ford Motor Co recalled nearly 129,000 Ford Fusion and Mercury Milan sedans in the United States citing a risk that the wheels may fall off, U.S. safety regulators said on Friday.

PARIS, Dec 9 - Governments worldwide must boost internet accessibility in order to nurture democracy and economic development, entrepreneur Loic Le Meur said at the prestigious LeWeb technology conference in Paris which he founded.

Stocks advanced on Friday as European Union leaders agreed on measures to address the region's sovereign debt crisis, while U.S. consumer confidence rose to its highest level in six months.

Dharun Ravi, the former Rutgers University student who is facing hate-crime charges after allegedly filming his roommate's sexual encounter with another man and streaming it online, rejected a plea deal on Friday that would have spared him jail time.

U.S. consumer sentiment rose to its highest level in six months in early December due to signs of better labor conditions and an improving outlook on the economy.

Takeover defense measures such as poison pills and staggered boards are at their lowest levels in more than a decade, making U.S. companies more vulnerable at a time when hostile bids are expected to rise.

Consumers spent a record $1.25 billion on Cyber Monday, according to comScore, highlighting how much people love shopping online.

The Justice Department said on Friday it would seek to postpone its legal challenge to AT&T's $39 billion proposed acquisition of T-Mobile USA, dealing another blow to the fragile deal.

The U.S. Department of Justice doesn't want to go to trial until the companies reapply for merger with the Federal Communications Commission.

Stocks climbed on Friday as European Union leaders agreed on measures to address the region's sovereign debt crisis, while U.S. consumer confidence rose to its highest level in six months.

Chemical maker DuPont cut its full-year profit outlook on Friday, citing slower growth in some of its businesses due to weakness in the company's end markets, sending its shares down almost 5 percent.

Consumer sentiment rose to its highest level in six months in early December as Americans adopted an improved economic outlook while the trade deficit narrowed in October, pointing to gathering momentum in the economy.

Whether it’s an indoor herb garden or an entire grassed rooftop, there’s no doubt gardens are going urban.

Speaking at Bloomberg's Captain of Industry series, Stephenson said AT&T's capacity to keep up with wireless demand has been strained and Congress hasn't adequately addressed antiquated policies regarding the wireless industry.

A string of big-brand U.S. retailers may curb their UK and European expansion plans, deterred by the region's bleak consumer outlook and nervousness over the unfolding sovereign debt crisis in the euro zone.

Michele Bachmann and Rick Perry have turned down invitations to Donald Trump's much-hyped Republican debate, leaving The Donald with just two attendees: Newt Gingrich and Rick Santorum.

Consumer sentiment rose to its highest in six months in early December due to an improving outlook on the economy with the jobless rate falling to a 2-1/2-year low in November.

Struggling German carmaker Opel, a unit of General Motors , has set itself the ambitious target of hitting the 1 billion euro ($1.33 billion) profit mark from 2016, Chief Executive Karl-Friedrich Stracke said in an employee newsletter.

Stocks climbed on Friday after European Union leaders agreed on measures that partially address the region's crippling sovereign debt crisis, while U.S. consumer confidence rose more than expected in December.

As the holiday shopping season gathers steam, there's good news for people who want HP's $99 TouchPad but earlier lost the chance to get one. The $99 tablet, which sold like hot cakes will reportedly hit stores this weekend.