IBT Staff Reporter

South African President Jacob Zuma apologized on Saturday for fathering an illegitimate child, in the face of national outcry.

NATO allies plan to reshuffle rather than expand existing troop commitments to Afghanistan, sending more military trainers in place of combat forces to ready the Afghan army and police to take control, senior U.S. and NATO officials said on Saturday.

A U.S. missionary was on his way home on Saturday after he was freed by North Korea, which had detained him on Christmas day for illegally crossing the border.

President Barack Obama on Saturday appealed to fellow Democrats and rival Republicans to back a plan to use $30 billion in bank bailout funds to help small businesses.

Finance chiefs from the world's rich powers opened an icy summit on Friday mulling how to prevent worry about deepening southern European debt from derailing an already fragile global recovery.

Stocks face more turbulence that could send indexes spiraling through key levels next week as doubts about the pace of the global recovery persist and fears over Europe's sovereign debt woes rattle sentiment.

Regulators considering new rules for U.S. stock markets should take care not to assume that certain types of high-frequency trading are harmful, speakers at a conference on algorithmic trading said on Friday.

The U.S. unemployment rate surprisingly fell to a five-month low of 9.7 percent in January and factory payrolls grew for the first time since 2007, hinting at a labor market recovery even though the economy lost 20,000 jobs.

E*Trade Financial Corp will cut trading fees for low-volume customers, the U.S. online brokers said on Friday, making its move in a pricing war that erupted among rivals in recent weeks.

Facebook is taking full control of display ads on the world's No. 1 social networking website, cutting short an exclusive deal that had allowed Microsoft Corp to manage part of that business.

A bizarre campaign ad by Senate candidate Carly Fiorina featuring what has been dubbed a Demon Sheep has transcended California politics to become an Internet sensation, but analysts wonder if it was such a good idea.

Toyota Motor's President Akio Toyoda apologized on Friday in his first public appearance at a news conference in Nagoya for its recall crisis.

Russian Prime Minister Vladimir Putin told his ruling party on Friday it must pay more attention to ordinary voters, just days after one of the biggest opposition protests in a decade.

U.S. companies' sales are expected to rise for the first time since the third quarter of 2008, but it may be too soon for investors to cheer the turnaround as proof the economy is about to take off.

A U.S.-registered helicopter which was participating in Haitian aid efforts crashed in the Dominican Republic on Thursday night, killing two Americans on board, Haitian aviation authorities said on Friday.

Soy contains isoflavones, which act similarly to the hormone estrogen, and may have anti-cancer qualities in hormone-related cancers of the breast and prostate, the researchers note in the American Journal of Clinical Nutrition.

Toyota Motor Corp's president apologized on Friday for safety problems and said the automaker would bring in outside experts to review quality controls, a highly unusual action for a company that has epitomized world-beating industrial standards.

The H1N1 strain is the dominant form of influenza globally, but some seasonal strains are starting to emerge in China and Africa, the World Health Organization reported.

Four grammy award winner Taylor Swift faces criticism over her out of tune performance at the largest award ceremony of the music industry where she took the award for Album of the Year.

Bipartisan efforts on Capitol Hill to tighten financial regulation ground to a halt in the Senate on Friday, casting one of the top domestic policy priorities of the Obama administration in a stark political light.

Goldman Sachs Group Inc on Friday awarded Chief Executive Lloyd Blankfein and other executives stock bonuses worth $9 million each, an increase from last year when they received no bonuses at all, but for Blankfein far below the $67.9 million he got in 2007.

A dispute over control of $370 million in assets traced to accused Ponzi schemer Allen Stanford is holding up disbursement of the funds, but the liquidators and the receiver in the case are in talks to settle the matter, liquidators for Stanford's Antigua bank said on Friday.

Stocks erased a midday drop to end slightly higher on Friday, closing out a volatile week punctuated by mixed signals from the labor market data and growing anxiety over fiscal problems in Europe.

Goldman Sachs Group Inc on Friday awarded chief executive Lloyd Blankfein and other executives a stock bonus worth almost $9 million, according to a filing with the U.S. Securities and Exchange commission.

NBC's cafeteria was the center of a controversy on Friday due to the items on its black history month menu. The controversy started when Questlove, a musician from a band that plays on The Jimmy Fallon Show took a photo of the menu, twitted it and seemed offended by the items on the sign.

BAE Systems Plc, the largest European defense contractor, said on Friday it will pay a $400 million fine to the U.S. government and plead guilty to a criminal charge as part of a settlement to end a more than two year investigation.

A federal appeals court reinstated on Friday a proposed class-action lawsuit accusing Dell Inc of selling defective notebook computers.

After declining for most of the day on continued worries of contagion from Greece's sovereign debt and a disappointing nonfarm payrolls report, U.S. stocks staged a comeback around 2:00 pm to close higher, led by commodities firms.

Teens today prefer Facebook to traditional blogging and Twitter, a new study found.