IBT Staff Reporter

Dow and S&P continue to be fueled by General Electric, Exxon Mobil; but Nasdaq slips

Job losses and fear about what lies ahead persists on Main Street America, despite official pronouncements that the 'Great Recession' ended over a year ago, the head of a U.S. mayors group said this week. The group was in Washington to lobby President Obama and federal officials for billions of dollars in grants and investments.

One of France's biggest shipbuilders is working with a large builder of nuclear plants to develop a reactor that could be placed up to 100 meters (328 feet) below the surface.

Shares of U.S. regional banks rose on Friday after SunTrust Banks Inc and BB&T Corp reported higher-than-expected quarterly profits.

American astronaut Neil Armstrong, the first man on the moon, famously characterized the feat as, One small step for a man, one giant leap for mankind.

The music industry is working to create a global repertoire database to make it easier and faster for new online music services to come to market.

More people going to their cell phones to access email.

Sprint Nextel is expected to reward long-suffering investors with its first quarterly subscriber growth in more than three years, but the celebration may be short-lived.

Concerns about Advanced Micro Devices Inc roll-out of its new PC chips hung over its shares, despite the company's expectations of a better-than-seasonal first quarter.

NASA's Swift Gamma-Ray Burst Mission may have found the answer to a longstanding mystery: where all the X-rays in the sky are coming from.

China's Lenovo Group is in talks with Japan's NEC Corp for a joint venture in personal computers, two sources with direct knowledge of the matter said, in a deal that would help them take on larger global rivals.

Electronic Arts , hurt by an industry-wide slump in video game sales, wants to become a big player in a new game -- social and mobile media.

Google Inc shares shed earlier gains as confidence that CEO Larry Page would rejuvenate the No. 1 Internet search company wavered.

Merrill Lynch's fourth-quarter revenue surged as the No. 2 U.S. brokerage bolstered its ranks of financial advisers and added client assets.

Industrial gas supplier Airgas Inc , which is working to stave off a hostile takeover by rival Air Products and Chemicals Inc , posted a better-than-expected quarterly profit on Friday as sales surged.

Maarten Lens-Fitzgerald signs off his messages with a little joke: This email might have been written while cycling. It could be an apology for his spelling, an allusion to the fact he's Dutch or even a hint at his oddball imagination. Or perhaps, given Lens-Fitzgerald is the head of a company that wants to fuse the virtual and physical worlds, it could be taken literally.

Schlumberger Ltd , the world's largest oilfield services company, posted a higher-than-expected profit boosted by strong demand in North America, and said it expected brisk activity to continue.

Rutherford B. Hayes is running for President of the United States in 2012. So is Jeff Davis, Robert Lee of Virginia, and Jonathon “the Impaler” Sharkey.

Shares of Synaptics Inc fell 11 percent on Friday, a day after the touchpad maker said sales to its core market dropped during the second quarter hurt by weaker-than-anticipated PC sales.

The World Trade Organization will issue a confidential final ruling on January 31 concerning European claims that Boeing benefited from unfair aircraft subsidies, sources familiar with the case said on Friday.

The Dow and S&P 500 rose on Friday as General Electric Co's earnings bolstered views the recovery was gaining traction and helped set the market back on its up trend after two days of declines.

Stocks gained on Friday as General Electric Co's earnings bolstered views the recovery was gaining traction and helped set the market back on its up trend after two days of declines.

A New York Jets win this Sunday not only would propel the team to its first Super Bowl appearance since 1969, but could also give the team a boost in revenue while it makes payments on $650-million in debt.

Zsa Zsa Gabor and her husband Frederic Prinz von Anhalt are planning to sell their Bel Air, Calif., mansion for about $28 million. An option of lease and buy is also available, said John Blanchette, a publicist for Gabor.

Jennifer Kate Hudson, 29 years old, announced the details of hersophomore album.The long awaited album 'Remember Me' will be released on March 22 inthe US, according to the American Idol alum press release.

HP is looking to move in a new direction by parting ways with Mark Hurd's supporters on its board of directors.

Bank of America Corp, the largest U.S. bank by assets, reported a second straight quarterly net loss, hurt by a $2 billion writedown of the value of its mortgage business.

Verizon Communications plans to report a $600 million charge for the full year 2010 due to a change in the way it accounts for retirement benefits, following the lead of rival AT&T Inc.

France Telecom's Orange is in talks to buy a stake of between 30 percent and 50 percent in video-sharing web site Dailymotion, a blog on the website of French weekly L'Express said on Friday.