IBT Staff Reporter

Navy SEALs that killed Osama bin Laden briefed President Barack Obama in a private meeting on Friday, as the President told the troops involved job well done.

An unexpectedly strong report on U.S. payrolls helped equities bounce back on Friday from four days of losses, tempering worries that stocks could suffer

The Museum of Contemporary Art in Los Angeles is stirring things up with their new exhibition on graffiti and street art.

The space shuttle is now delayed until at least May 16.

Oil fell on Friday to cap a frenzied trading week that sliced prices by a record of more than $16 a barrel on demand worries and a move by investors to slash commodities exposures.

Companies created jobs at the fastest pace in five years in April, pointing to underlying strength in the economy even as the jobless rate rose to 9.0 percent.

The Sony data breach that compromised the personal data of more than 100 million customers of the Japanese electronics conglomerate may claim yet another victim -- the cloud computing industry.

An unexpectedly strong report on payrolls helped stocks bounce back on Friday from four days of losses, tempering worries that stocks could follow the sharp declines seen this week in commodities.

President Barack Obama has spoken in private with members of the U.S. team which raided and killed Osama bin Laden on Sunday after arriving earlier at Ft. Campbell in Kentucky.

PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his short position on U.S. government-related bonds is if the United States heads into another recession.

Silver Bullion rallied from a drop below $34 per ounce, the fifth daily plunge running and some 31% below last Thursday's new three-decade high. Dollar prices to Buy Gold whipped in a $10 range Friday morning in London, trading up to $1488 per ounce - some 5.5% below Monday's record-high spike- as European equities and global commodities stemmed their losses.

Oil fell on Friday, on track for the biggest weekly drop in dollar terms ever, following a torrid 10 percent crash in the previous session.

Inge Jacobsen transforms April 2011 cover of Vogue into a work of art. Jacobsen hand stitched the Kate Winslet cover connecting embroidery and fashion.

World number one Rafael Nadal had an easy cruise into the semifinals of the Madrid Open after a untroubled 6-2 6-2 win over Michael Llodra.

Taiwanese electronics giant Foxconn wants to begin assembling iPads in Brazil by July, but it is still seeking tax breaks and other government concessions as part of an investment plan that could be worth up to $12 billion, Brazilian media reported on Friday.

Regulators are moving to lift a veil of secrecy over a key constituency on Wall Street a year after the flash crash, but how much disclosure should be required of high-frequency traders remains an open question.

Analysts say Apple's love of consistency could play a factor into the company switching from Intel to ARM based chips for its PCs and laptops.

An unexpectedly strong report on U.S. payrolls propelled stocks higher on Friday for the first time this week, but indexes retreated from highs after speculation Greece might leave the euro zone.

Citigroup Inc , which needed $45 billion in U.S. government handouts to survive the financial crisis, is about to paper over a visible remnant of its near-failure: its single-digit share price.

Thursday night marked the first episode of The Office without Steve Carell, also known as Michael Scott.

NASA's Cassini probe, in orbit around Saturn, may have discovered evidence for a liquid ocean under the surface of Titan, Saturn's largest moon.

Facebook’s CEO and founder Mark Zuckerberg became first-time homeowner with his recent purchase of a $7 million Palo Alto manse which features five bedrooms, a saltwater pool, a music alcove, five full baths, a spacious porch and glassed-in sunroom.

Billionaire Len Blavatnik's Access Industries has won the auction to take control of Warner Music Group Corp for $3.3 billion, setting the stage for a possible bid for rival music company EMI Group.

A student at the University of Dundee has taken the concept of social media quite literally. He has design a park bench where people can be social all the while be voluntarily and involuntarily connected to media by way of a bench that tweets.

The Federal Reserve should keep interest rates on hold for some time after it completes its bond buying to assess its impact on the economy, St. Louis Fed President James Bullard said on Friday.

Oil prices steadied on Friday following a torrid 10 percent slide the previous session, as shellshocked traders mulled market fundamentals and the frenzy this week that wiped out half the year's gains.

Hedge fund founder Raj Rajaratnam, absent for three days from his trial on insider trading charges because of a foot infection, returned to the New York courthouse on Friday wearing a blue vinyl medical shoe.

An unexpectedly strong report on U.S. payrolls propelled stocks higher on Friday one day after a sell-off, but investors were wary that the market's months-long rally may be near a peak.

Goldman Sachs Group Inc Chairman and Chief Executive Lloyd Blankfein said he is not stepping down, despite media reports that he has plans to resign.