IBT Staff Reporter

An Apple Inc lawyer considered a missing iPhone 4G prototype invaluable and publication of its details immensely damaging to the gadget maker's future sales, according to a search warrant unsealed by a California judge on Friday.

Former Sun Microsystems Chief Executive Jonathan Schwartz is taking the high road after getting a public tongue lashing from Silicon Valley's richest man, Larry Ellison.

Stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.

Microsoft Corp is expecting a boost this quarter from a rebound in business tech spending, likely outweighing negative effects from turmoil in Europe, the software giant's chief financial officer told Reuters on Friday.

When Jim Owens, the CEO of Caterpillar Inc , retires next month, it will mark the end of a long career bookended by corporate crises and displays of a tough-love approach to leadership and the company's workforce.

Retail sales rose and industrial production powered ahead in April, further evidence the economic recovery was strengthening and broadening out.

Shares of TiVo fell as much as 42 percent on Friday after an appeals court set aside the company's win in a patent battle over digital video recorders with rivals Dish and EchoStar.

Stocks fell on Friday on a combination of retailers' weak earnings, Senate backing for limits on credit card fees and concerns over whether European countries can pay their public debt obligations.

Google Inc is closing its 4-month-old online cell phone store, abandoning an ambitious plan by the Web search leader to redefine wireless retailing.

Stocks fell on Friday on a combination of retailers' weak earnings, Senate backing for limits on credit card fees and concerns over whether European countries can pay their public debt obligations.

Shares of Hauppauge Digital Inc soared as much as 60 percent Friday, a day after the company said its products can now stream live TV over the internet for Apple's iPad, iPhone and iPod.

Google has proposed remedies to close an Italian antitrust probe into whether the Internet search giant coerced local newspapers into posting stories on its news website, the watchdog said on Friday.

Parisian authorities are trying to stop a mass cocktail party organized over the Internet and planned for the Eiffel Tower grounds, after a reveler died on Thursday at a gathering of 10,000 people in western France.

Stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.

More technology deals are on the way as the industry recovers from the recession, but Microsoft Corp is not poised to make a big deal soon, its chief financial officer told Reuters on Friday.

American industry learned something back in the 1970s when it was getting overpowered by the Japanese. It learned not to make assumptions about competitors and customers.

Our recessionary economy has heightened the stakes in the battle for career security and advancement.

Macy's Inc Chief Executive Officer Terry Lundgren told shareholders that rebounding sales at the retailer's upscale Bloomingdale's chain and a focus on private brands and exclusives had spurred results of late and would continue to do so.

When the economy gets rocky, it is game time for manufacturing leaders. Leading fearlessly when volumes are strong is one thing, but it takes real skills to lead during tough times. The recent economic downturn has many manufacturing plants reeling.

With high vacancy rates and extremely low prices, the commercial real estate market is going through tough times. For many practitioners and brokerages today, it's more about survival than success.

U.S. stocks fell, with the S&P 500 and Nasdaq off 2 percent or more on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees.

U.S. retail sales rose and industrial production powered ahead in April, further evidence the economic recovery was strengthening and broadening out.

Advanced economies face a herculean task to restore public debt to pre-crisis levels, and failure to do so will drive up borrowing costs and curb economic growth, the IMF warned on Friday.

An appeals court that specializes in patent lawsuits vacated a Tivo win in a patent battle with Echostar on Friday, sending Tivo shares down more than 38 percent.

Shares of Hauppauge Digital Inc soared as much as 55 percent Friday, a day after the company said its products can now stream live TV over the internet for Apple products.

Stocks tumbled on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the Senate backed limits on card fees.

The family travel blog of the sole survivor of a Libyan plane crash that killed 103 people has turned into a condolence register, with dozens offering sympathy to the nine-year-old Dutch boy orphaned by the crash.

U.S. consumer sentiment edged up in May from April, in line with forecasts, while one-year inflation expectations were at their highest since June 2009.

Stocks tumbled on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees.