IBT Staff Reporter

Shares in business class-airline Silverjet were suspended on Friday by the London Stock Exchange.

According to a new report the rogue trader at the centre of the trading scandal which cost Societe Generale 4.9 billion euros, may hay have had help from another trader.

Research by Alliance & Leicester has suggested that 36 million people (around 76 per cent of Britons) are preparing to make cut-backs on personal spending.

Microsoft will end its book search and academic search projects as it seeks to develop a sustainable business model for its search engine, the company said on Friday.

The U.S. Federal Communications commission could reach a decision by the end June about whether to give its go-ahead to Sirius Satellite Radio Inc's acquisition of XM Satellite Radio Holdings Inc

AMR Corp.'s American Airlines, UAL Corp.'s United Airlines and Delta Air Lines Inc. raised fares in the U.S. by up to $60 as the airline industry continues to struggle with soaring oil jet-fuel costs.

Have you ever wished that doctor would appear in a blink of an eye without having to wait or spend thousands of dollars? A new project launched today in Miami offers video medical consultations for $40 with webcams available through MDWebLive.com.

Kimberly-Clark Corp, the maker of Kleenex facial tissue and Huggies diapers, said on Friday that it plans to raise prices in the U.S. for its baby, childcare and consumer tissue products.

Tokyo stocks closed over 2 percent higher on Friday, with Japan's key Nikkei index topping the 14,000 line for the first time in about two months, as an overnight surge in U.S. stocks led to heightened optimism about the U.S. economic outlook.

Hong Kong based Wing Lung Bank Ltd. has picked China Merchants Bank Co. as its preferred bidder after the Wu's family announced to sell its whole 53 percent stake.

General Motors Corp. shares fell almost 5 percent on Friday after the automaker said the three-month strike by the United Auto Workers at American Axle & Manufacturing Holdings AXL is expected to cost $1.8 billion after leaving production.

Will it, won't it? If so, when? If not, why not? An entire cottage industry of speculation has built up around the public debut of Facebook

As oil prices surge, a new risk looms for Detroit: the future may be slipping out of its control.

A small robotic probe will examine the planet's arctic circle to for signs of life

Jerome Kerviel, the former trader at French bank Societe Generale accused of making unauthorized trades that cost the firm billions of euros may have been helped by someone inside the company, according to a report released today.

Gold futures rose higher on Friday and recorded a third straight weekly gain of almost 3 percent as weakness in the U.S. dollar a and surging energy costs boosted the demand for the precious metal as a hedge against inflation.

GTx Inc. said on Friday its prostate cancer treatment will continue the late stage of its clinical trial as it did not bear the results that were expected. Shares of the company slumped.

U.S. stocks fell on Friday, extending the biggest weekly retreat since February and placed the market on track for weekly losses as crude oil resumed its surge to top $133 a barrel.

Morgan Stanley downgraded Sun Microsystems on Friday, saying the computer hardware and software maker is at risk as demand shifts downstream and pricing pressure increase.

Wyeth said on Friday that U.S. regulators addressed an approvable letter seeking for more information about its osteoporosis drug, delaying the approval of the treatment.

Time Warner and a General Electric Co's NBC Universal partnership with the Blackstone Group are the lead contenders in today's round-two of the Weather Channel auction, according to media reports.

European beer maker InBev NV, which owns the Becks and Stella Artois brands, is preparing a $46 billion buyout offer for American rival Anheuser-Busch Cos., the owner of the Budweiser brand, according to a report.

As the airline industry continues to lag, Standard & Poor's Ratings Services hit the industry's latest blow on Thursday by placing nine major domestic airlines on CreditWatch with negative implications as they face due to record high jet fuel costs.

Mesa Air Lines said Thursday it may seek bankruptcy protection if a fails to stop Delta Air Lines from moving ahead with a plan to cancel a service contract.

Clothing retailer Gap Inc said profit for the latest quarter rose 40 percent even as sales at its more than 3,000 stores fell.

Medtronic Inc. made an agreement of $75 million to settle allegations from the Justice Department that its Medtronic Spine LLC department caused hospitals to submit false claims to Medicare.

News Corp. owner Rupert Murdoch is moving his 6-month old Wall Street Journal from Manhattan's financial district to midtown where the company's headquarters are located at 1211 Sixth Avenue.

WellCare Health Plans Inc. said on Thursday it cut 208 jobs or about 5 percent of its work force after completing a comprehensive review of its business, the company reported.

Oak Brook, Ill-based McDonald's Corp. said Thursday it's making the menu healthier and will uphold its Dollar Menu in spite of a tough economy.