IBT Staff Reporter

The median base salary for business school alumni in the survey topped US$94,500 in 2010 - well above the pre-recession level of US$89,000 recorded in 2007.

Egyptian vice President Omar Suleiman announced on Friday that President Hosni Mubarak had stepped down and was handing over power to the Egypt Supreme Council of Armed Forces.

The U.S. exchanges left out of this week's flurry of announced acquisitions now need to consider whether they, too, should strike a deal, a Chicago Board Options Exchange executive said on Friday.

Soft drink bottler Coca-Cola Enterprises Inc reported higher fourth-quarter profit that met Wall Street estimates, helped by higher volume and pricing, and backed its 2011 profit outlook.

Shares of Kinder Morgan Inc traded more than 6 percent above their initial public offering price in early trading, signaling strong investor appetite for cash flow from the U.S. pipeline company's assets.

Groupon decided to pull its series of Super Bowl ads which garnered much controversy.

South African paper maker Sappi may push for further prices increases later this year as cost pressures threaten a recovery in growth, its chief executive said on Friday.

Soft drink bottler Coca-Cola Enterprises Inc reported a rise in fourth-quarter profit, helped by higher volume and pricing, and backed its 2011 profit outlook.

De Beers, the world's largest diamond producer, returned to a profit in 2010 as production rose 34 percent and diamond prices recovered to pre-crisis levels, although it remains cautious about the market this year.

BP has offered its Russian venture TNK-BP a chance to join its partnership with Rosneft , TNK-BP's deputy CEO told reporters on Friday, signaling a possible resolution to a row.

Former Liberian president Charles Taylor, who boycotted his war crimes trial for a third day on Friday, was granted the right to appeal over key documentation for a case that has drawn international interest.

Microsoft's Internet Explorer and Mozilla's Firefox have put a 'Do Not Track' feature in their latest updates the companies announced this week.

Shares of Kinder Morgan Inc traded more than 6 percent above their initial public offering price in early trading, signaling strong investor appetite for the U.S. pipeline company's assets.

A South African judge on Friday decided not to extradite a son-in-law of former President Nelson Mandela to the United States, saying he doubted the merits of the U.S. rape case.

UPDATE 2: The White House announced that President Barack obama will deliver a statement on Egypt this afternoon at 3:00 p.m. EST.

Lady Gaga keeps her promises. Friday morning the pop start released her new single Born This Way.

U.S. stocks rose on Friday as investors welcomed news that Egyptian President Hosni Mubarak resigned, easing concerns that have been weighing on the market for weeks.

U.S. stocks were set to fall at the open on Friday as market uncertainty over Egypt grew amid risks of spreading unrest in the Middle East and higher oil prices.

The smartphone software platform isn't the only thing that is getting a makeover at the Finnish phone giant.

The shotgun marriage of Nokia and Microsoft's smartphone platforms puts software developers center stage at next week's Mobile World Congress and is likely to herald further consolidation.

Actress Rose McGowan's Spanish villa has been listed on the market for $1,849,000.

Global brands create powerful enduring relationships with consumers across different countries and cultures. They give buyers a sense of security, trust, and familiarity.

A lawyer for WikiLeaks founder Julian Assange accused Sweden's prime minister Friday of damaging his client's chances of a fair trial for alleged sex crimes by portraying him as public enemy number one.

A diplomatic standoff between America and Pakistan may intensify after a Pakistani police official said the police will recommend murder charges for American diplomat Raymond Davis for committing a “clear murder” of two Pakistanis last month.

Apple is in the habit of churning out stellar products that rule the imagination of customers. One of the key elements to its success is its product design strategy which consistently delivers insanely great products.

U.S. chemicals giant DuPont came under more pressure to raise its $5.8 billion bid for Denmark's Danisco after U.S. hedge fund Elliott Associates joined shareholders opposed to the offer.

French tire maker Michelin sees sales volume and profit rising again in 2011 after sharp improvements in 2010, as it hikes prices to offset rising raw material costs.

Professional baseball pitcher Jamie Moyer has listed his Seattle home on the market for a sliced price of $6.75 million.

A US hedge fund has objected to DuPont's $5.8 billion bid for Danisco, a global enzyme and specialty food ingredients company, according to a report from Reuters.