IBT Staff Reporter

Opera Software, the world's largest mobile browser firm, has bought Australian web-based email provider FastMail.FM, aiming to expand its own messaging offering to wireless devices.

General Motors Co said on Friday that it expected to incur costs of 400 million euros ($532 million) for termination benefits covering 2,600 workers at an Antwerp, Belgium, plant it plans to close by the end of 2010.

European banks will contribute to a multi-billion euro Greek bailout, Germany said on Friday, as talks to secure European Union and IMF aid to Athens in return for draconian budget cuts edged toward a deal.

The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as consumers increased spending at the fastest pace in three years, the strongest sign yet a sustainable recovery may be taking hold.

Motorola Inc reported a surprising quarterly profit on better-than-expected demand for its higher-margin smartphones, so far vindicating its strategy of relying on Google Inc's Android software system.

(Corrects paragraph 14 to say Motorola was expected to rank seventh in the global mobile phone market, not fourth)

Newell Rubbermaid Inc's quarterly profit beat Wall Street estimates on improving sales trends across all geographies and the consumer products maker to raise its full-year outlook.

U.S. stocks extended declines on Friday as shares of Goldman Sachs slid on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.

No. 2 U.S. homebuilder D.R. Horton Inc reported a quarterly profit and a sharp increase in orders on Friday, surprising Wall Street and sending shares up across the sector.

U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.

Corrects in penultimate paragraph to read that business activity expanded in the U.S. Midwest, not United States

Financial advisers aiming to recruit members of a self-help group for multimillionaires called TIGER 21 should be afraid, very afraid.

The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as consumers stepped up spending, the strongest sign yet a sustainable recovery is taking hold.

Employment costs in the United States rose slightly more than expected in the first quarter, driven by benefits that recorded the biggest jump in almost three years, Labor Department data showed on Friday.

No. 2 U.S. homebuilder D.R. Horton Inc reported a quarterly profit on Friday, surprising Wall Street and sending its shares up in premarket trading.

With the current economic climate and changing job market, employers have now started to alter the types of questions they ask in interviews.

Honda Motor Co Ltd said it would recall 167,255 Acura TSX sedans sold in the U.S. market to address the risk that power steering fluid could leak and cause an under-the-hood fire.

Blackberry maker Research in Motion broke into the top five cellphone makers in January-March for the first time, helped by 50 percent growth in the global smartphone market. The global handset market has been dominated by five major players -- Nokia , Samsung , LG Electronics , Motorola and Sony Ericsson ...

Chevron Corp , the second-largest U.S. oil company, reported on Friday a sharp rise in quarterly profit, as oil prices bounced back strongly in the past year, offsetting lower earnings from its refineries.

Newell Rubbermaid Inc's quarterly profit beat Wall Street estimates on Friday on improving sales trends across all its markets, prompting the consumer products maker to raise its full-year outlook.

(Reuters) - WellPoint Inc's (WLP.N) California unit will revise rate requests for its individual plans in the state that drew national political fire during the U.S. health reform debate.

Smartphone shipments surged 50 percent in January through March versus a year ago, notching up the strongest growth in the last three years with Apple Inc and Nokia Oyj taking market share, a survey showed.

(Reuters) - A California college professor who sequenced his own genome has had it analyzed -- and discovered he has a high risk of dropping dead of a sudden heart attack, as well as a high prostate cancer risk.

U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.

Treasury Secretary Timothy Geithner on Thursday slammed mortgage service companies for failing to do enough to help Americans avoid losing their homes and promised to crack down on shoddy practices.

Tobacconist and small cigarette businesses are the ones who will be affected with the tax increase and simple packaging move of the government by 2012.

Victorian public hospitals have failed to meet hospital targets, in contrast to what the Brumby government has believed about their health systems.

Warren Buffett may be the world's most famous investor, but even he doesn't get everything right.

The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as consumers stepped up spending, suggesting the recovery was growing more durable.