IBT Staff Reporter

Prices to Buy Gold rose above $1418 per ounce Friday lunchtime in London, reversing this week's earlier 2.4% drop as crude oil fell and world stock markets rose further after news of an immediate cease-fire by the Gaddafi regime in Libya, prompted by the United Nations' no fly zone agreement.

Starbucks Coffee Co Chief Executive Howard Schultz on Friday once again laid the blame for surging coffee prices at the feet of speculators, saying his chain had no problem getting beans.

A coordinated move by central banks of rich nations to stabilize the yen's value appeared to be having a decisive effect on Friday, after a sharp rise in the yen after Japan's devastating earthquake and nuclear crisis raised fears about the global economy.

Rovio, the developer of the Angry Birds mobile game, plans a U.S. initial public offering in the next five years, a move that could give investors a chance to tap into the fastest growing segment of the video game industry.

Cisco Systems Inc plans to pay a cash dividend to shareholders for the first time, helping appease investors' concerns about its growth and eroding margins and sending its shares up nearly 3 percent.

Once every few years, the moon makes a closer-than-usual approach, offering better views, higher tides, and a bit more light.

A creative YouTuber puts the famous game, Super Mario Bros., in a not so familiar format.

Work has begun on the first Nokia Oyj smartphones based on Microsoft Corp software following the partnership announced by the companies last month, Nokia Chief Executive Stephen Elop told Reuters.

A new study says upcoming wind farm and solar energy projects in in Hawaii could reliably provide energy for 25 percent of the state.

As expected, President Barack Obama on Friday signed H.J. Res 48 into law on Friday, enacting a 3 week measure to fund the government until April 8.

The Federal Reserve will allow some of the largest U.S. banks to boost or restart dividends payments this year but will restrict the amounts to 30 percent or less of the company's anticipated earnings, the central bank said on Friday.

Stocks rose on Friday as the Group of Seven nations moved to calm markets amid Japan's crisis and as Brent oil slipped, but investors are likely to stay cautious heading into the weekend.

He recently announced that he will be giving back to the community through his one-man show tour, My Violent Torpedo of Truth/Defeat is not an Option.

The venture capital arm of Google Inc has invested in a start-up that is developing technology to produce fuel from inedible biomass such as grass and wood chips.

Rovio, the developer of the Angry Birds mobile game, said it would seek an initial public offering in the United States.

A Danish researcher has found that a form of iron oxide can trap heavy metals and remove them from water.

Apple is involved in testing retypes of iPhone which incorporate Near Field Communication (NFC) technology, adding fuel to earlier reports which surmised that the next edition of iPhone will be NFC enabled Cult of Mac reported.

Shares of companies active in Friday's early trade are Nike Inc., Cisco Systems, Lorillard Inc., LDK Solar Co., Celera, Under Armour and Longtop Financial Technologies.

Almost two weeks after nude photos of Chris Brown leaked on the internet, the singer is speaking out about them, claiming he is comfortable with his body, reported OK! Magazine.

Contradicting earlier reports, the iPhone 5 may be NFC-ready.

Microsoft and federal agents took down Rustock, a botnet responsible at its peak for nearly half of the world's spam.

Japan bought billions of dollars to restrain a soaring yen on Friday, backed by action from European central banks as the world's richest nations moved to calm markets made nervous by Japan's nuclear crisis.

Congress averted a partial federal shutdown on Thursday as the Senate voted to pass a three week extension already approved by the House that gives lawmakers time to negotiate a long term deal.

Universal and Illumination Entertainment are bringing to life Dr. Seuss' The Lorax in an animated film that will also feature Zac Efron, Betty White and Danny DeVito.

Zacks Equity Research highlights: Standard Motor Products (NYSE: SMP) as the Bull of the Day and RadioShack Corp. (NYSE: RSH) as the Bear of the Day. In addition, Zacks Equity Research provides analysis Amazon.com (Nasdaq: AMZN), Google Inc (Nasdaq: GOOG) and Apple Inc (Nasdaq: AAPL).

Work has begun on the first Nokia smartphones based on Microsoft software, according to Nokia Chief Executive Stephen Elop, who does not expect Microsoft to try to buy his company.

Oil prices fell on Friday after Libyan leader Muammar Gaddafi's government said it would halt military action in response to a U.N. resolution for an immediate ceasefire.

U.S. stocks bounced for a second day on Friday as Group of Seven nations moved to calm markets rattled by Japan's nuclear crisis and oil prices fell after Libya said it would cease military actions.

Tickets for his upcoming one-man show sold out in record time. Tickets for the first show of Charlie Sheen LIVE: MY Violent Torpedo of Truth, in New York's Radio City Hall sold out in less than 30 minutes. The 6,000-seat venue is the largest of his tour so far.