IBT Staff Reporter

Japan's Olympus Corp replaced its auditor in 2009 after a disagreement over how to account for several acquisitions, but it decided not to reveal the dispute to investors, an internal document shows.

Canadian Prime Minister Stephen Harper said on Friday he sees overwhelming U.S. support for TransCanada Corp's Keystone XL oil pipeline to Texas from Canada's oil sands, despite recent signs of reticence in Washington.

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Alcatel-Lucent scaled back its profitability goal for the year, raising new doubts about Chief Executive Ben Verwaayen's ability to turn around the long-struggling telecom equipment maker.

The Nashville Predators and Finnish netminder Pekka Rinne have agreed to a seven-year contract extension, worth around $49 million, it was announced Thursday.

Cory Smoot, guitarist in the shock-rock band Gwar, was found dead Thursday. The band is currently on tour, and Smoot's body was found as the band traveled from Minneapolis to Edmonton, Ontario for its next show.

The Eurozone won verbal support but no new money at a G20 summit on Friday for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively placed under IMF supervision.

Teen stars Justin Bieber and girlfriend Selena Gomez perform at the MTV Europe Music Awards on Sunday in Belfast, guaranteeing plenty of screaming fans and close media attention to what they say and do.

The Washington Post Co reported a net quarterly loss as advertising revenue at its flagship newspaper fell and fewer students signed up at its Kaplan chain of for-profit colleges.

Telus Corp, Canada's third-largest wireless provider, reported a 30 percent jump in quarterly net profit as more consumers signed up for smartphones and its new Internet-based television service gained traction.

The Washington Post Co reported a net quarterly loss as advertising revenue at its flagship newspaper fell and fewer students signed up at its Kaplan chain of for-profit colleges.

Apple has finally revealed its new Glass Cube at the Apple Store on Fifth Avenue of New York City, and the new design indeed looks different.

Shares of Openwave Systems Inc rose 30 percent in pre-market trade on Friday, a day after the software maker reported a surprise first-quarter profit and announced that Microsoft Corp agreed to license itss patent portfolio.

Primero Mining (P.TO: Quote) posted a third-quarter profit, helped by strong gold prices, sending its shares up as much as 7 percent.

Canadian telecom network equipment maker DragonWave Inc (DWI.TO: Quote)(DRWI.O: Quote) will buy microwave technology business of Nokia Siemens Networks NOKI.UL in a deal potentially worth up to 110 million euros.

Shares of daily deals site Groupon Inc rose more than 50 percent in their stock market debut on Friday, but at least some of the early trading exuberance may have come from the small amount of shares offered.

Canadian housing starts are expected to stabilize into 2012, while sales of existing homes will rise slightly and price rises will moderate, Canada Mortgage and Housing Corp (CMHC) said in its quarterly outlook on Friday.

The Supreme Court of Canada blocked on Thursday the extradition to the United States of Abdullah Khadr, a Canadian wanted by Washington on terrorist charges

A manslaughter conviction against Michael Jackson's doctor would boost the late pop star's image and open opportunities for his estate in many markets, including family-oriented products, industry experts said.

CEO Andrew Mason is expected to make millions on the initial public offering of Groupon.

U.S. employment rose less than expected in October, but a drop in the jobless rate to a six-month low of 9.0 percent and upward revisions to prior months' job gains pointed to underlying strength in the labor market.

China on Friday dismissed a U.S. report on online spying as irresponsible, rejecting the charge that China uses cyber espionage to steal lucrative U.S. trade and technology secrets.

U.S. stocks fell in morning trading on Friday after two days of steep gains as richer nations appeared to back away from a European Union plan to broaden funding for a euro zone bailout fund.

House Majority Leader Eric Cantor (D-Va.) was the target of threatening phone calls Thursday, leading to the arrest of a Tennessee man.

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Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.

Italy will allow the IMF to monitor its progress with long overdue reforms of pensions, labor markets and privatizations, European leaders announced on Friday, looking beyond the crisis in Greece to the far graver threat to the euro zone.

White House officials bristled on Thursday at the suggestion U.S. power within the G20 had been diminished by budget woes back home, as Europe looked toward an economically self-confident China for help.

Public health officials could use social media platforms like Twitter and Facebook to track contagious diseases, according to research published Tuesday.