IBT Staff Reporter

The latest jobs report released Friday was welcome news but nowhere close to where it should be thanks to tax uncertainty and spending plans being put forward by Democrats in the White House and the Senate, House Speaker John Boehner said.

Sony Chief Executive Officer Howard Stringer apologized to users of its PlayStation Network and other online services, breaking his silence on the biggest Internet security break-in ever.

Contributing the inevitable mind games, United midfielder Nani has claimed that the prospect of playing Manchester United at Old Trafford will frighten Chelsea

U.S. stocks were set for a higher open on Friday, putting the S&P on track to snap a four-day losing streak, after an unexpectedly strong payrolls report eased fears about the path of the economic recovery.

U.S. private employers shrugged off high energy prices to add 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 steep slide in oil prices this week is welcome because crude above $120 a barrel may hurt the world economy, while crude at $90 to $100 is ideal, an OPEC delegate said on Friday.

Sony has been subpoenaed by the New York State Attorney General in the wake of a hacking attack exposing the account records of 100 million customers.

On international trade, Vladimir Putin seems to be channeling the autocratic spirit of Catherine the Great. He wants Russia to modernize by joining the World Trade Organization -- but not too much.

While the full version that was shown on E! is ten minutes long, Mother Monster put up a five minute clip on YouTube.

U.S. employment increased more than expected in April as private companies created jobs at the fastest pace in five years, pointing to underlying strength in the economy, even though the jobless rate rose to 9.0 percent.

H&M launches Your Art Here, an online visual arts competition open to the public.

U.S. stock index futures added to their gains on Friday following a better-than-expected read on the labor market.

Indonesia on Friday barred Citibank from seeking new credit cards for two years over a case of alleged embezzlement and the death of a client following questioning by debt collectors.

Dreaded terrorist organization Al Qaeda has acknowledged that its founder and leader Osama bin Laden is dead, putting an end of conspiracy theories.

Indonesia's central bank on Friday sanctioned Citibank Indonesia over an alleged case of embezzlement and the death of a credit card customer, including banning it from new credit card customers for two years in Southeast Asia's biggest economy.

It was another good day for the top-three as all of Rafael Nadal, Novak Djokovic and Roger Federer progressed into the last-eights of the Madrid Open.

U.S. stock index futures advanced on Friday after four consecutive days of losses, with investors awaiting Friday's key U.S. payroll report while digesting the impact of the tumble in commodity prices.

Oil prices fell further on Friday, extending a 10 percent crash the previous day as fears about global economic recovery pushed investors to unwind commodities positions.

Spain's economy grew by a small amount in the first quarter of the year, with stronger European recovery countering the effect of sluggish domestic demand and austerity measures, the central bank said in a monthly report on Friday.

U.S. employers probably took on fewer workers in April as high energy prices sapped consumer confidence and led to doubts about the strength of the economic recovery.

U.S. stock index futures advanced on Friday after four consecutive days of losses as investors awaited Friday's key U.S. payroll report.

A new report from IHS Research says 3-D TVs will become bigger as more content comes available, the price drops and manufacturer's market them differently.

The U.S. operation involved the use of a gamut of technologically advanced gadgets and machinery. Here is a snapshot of the key technologies used to track and immobilize Osama bin Laden:

Oil prices fell on Friday, extending a 10 percent crash the previous day as fears about global economic recovery pushed investors to unwind commodities positions.

Fast buildout of mobile networks in the United States lifted Alcatel-Lucent's first quarter sales as the CEO pledged to deliver on a long-promised turnaround of the struggling telecom gear maker.

An estimated 200,000 people are held as prisoners in North Korea's network of political prison camps, according to a latest report released from Amnesty International.

JPMorgan Chase & Co has received a subpoena from the U.S. Securities and Exchange Commission over failed mortgages, Bloomberg said, citing a person familiar with the investigation.

Oil prices fell 5 percent on Friday, extending a 10 percent crash on Thursday as fears about global economic recovery pushed investors to unwind commodities positions.

Sony Chief Executive Officer Howard Stringer apologized to users of its PlayStation Network and other online services, breaking his silence on the biggest Internet security break-in ever, but failed to provide a date when services would resume.