Wall Street slips ahead of long holiday weekend

NEW YORK - Stocks slid into the close on Friday as traders, wary of the risks posed by Europe's debt crisis, closed out positions ahead of the long holiday weekend even as Wall Street headed for its first week of gains in four. | Video

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Use social media in your job search

BOSTON - The widespread use of social media - including more playful sites like Facebook and Twitter, as well as the business-focused LinkedIn - is becoming a powerful force in many job searches, says Harvard Business Review.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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Pictures

U.S. Army Captain Michael Kelvington, commander of the Battle company, 1-508 Parachute Infantry battalion, 4th Brigade Combat Team, 82nd Airborne Division, bows next to remains of Gulam Dostager, a member of Afghan Local Police who was killed in the blast of an Improvised Explosive Device (IED) during the joint Tor Janda (Black Flag in Pashtu) operation, in Zahri district of Kandahar province, southern Afghanistan May 25, 2012. REUTERS/Shamil Zhumatov (AFGHANISTAN - Tags: MILITARY CIVIL UNREST CONFLICT TPX IMAGES OF THE DAY)

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012. REUTERS/Eduardo Munoz (UNITED STATES - Tags: MILITARY ANNIVERSARY TPX IMAGES OF THE DAY)

Fleet Week

The U.S. Navy takes Manhattan for a week.  Slideshow 

Photo

The SpaceX mission

A privately owned unmanned rocket blasts off on a mission to be the first commercial flight to the International Space Station.  Slideshow 

Treasury opposes call that it take equity stakes

WASHINGTON | Mon Sep 22, 2008 4:45pm EDT

WASHINGTON (Reuters) - The U.S. Treasury Department is opposed to any congressional proposal for it to take equity stakes in companies that sell assets to it as part of a bank bailout, sources close to Treasury said on Monday.

Some Democrats on Capitol Hill have criticized the proposal to spend up to $700 billion of taxpayer money to take illiquid assets off the hands of financial institutions, saying the government should get a stake in any company that participates in the plan as compensation.

(Reporting by Glenn Somerville)
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