Business
Market gains as economic outlook brightens
NEW YORK (Reuters) - The Dow and S&P 500 closed the week with their seventh gain in eight sessions in a turnaround period for stocks that has seen investors' worst fears about the economy start to dissipate.
Investors, prepare for volatility
NEW YORK (Reuters) - Investors are using options to brace for big swings next week as Wall Street enters the peak of the most volatile month for stocks historically.
Nokia brings in Microsoft exec to replace CEO
HELSINKI/LONDON (Reuters) - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple. | Video
IMF says risks to global growth have intensified
WASHINGTON (Reuters) - The International Monetary Fund said on Friday that downside risks to global recovery have intensified due to recent turbulence in sovereign debt markets and continued weakness in the financial sector.
Geoghegan replaces Feinberg as pay czar
WASHINGTON (Reuters) - The Treasury Department has selected Patricia Geoghegan to replace Kenneth Feinberg as the "pay czar" overseeing compensation at companies bailed out by the government.
Google's Android to be world No. 2 in 2010: report
SAN FRANCISCO (Reuters) - Google Inc's Android software will become the world's second most popular operating system for cell phones this year, leapfrogging rival offerings from Microsoft Corp, Research in Motion and Apple Inc, according to a new report.
Toys R Us posts loss on costs and international weakness
NEW YORK (Reuters) - Toys R Us Inc , which is looking to go public, reported a quarterly loss on higher costs and weakness in its international business.
U.S. banking group wants part of Basel plan dropped
WASHINGTON (Reuters) - A leading U.S. banking group is urging Basel Committee negotiators working on new international capital standards to ditch part of their proposal.
Apple to end free iPhone case program September 30
SAN FRANCISCO (Reuters) - Apple Inc said on Friday it will end its free iPhone case giveaway at the end of September, saying the antenna problem was smaller than the company originally thought.
Deutsche Bank set to lead likely Basel cash call charge
FRANKFURT/LONDON (Reuters) - Deutsche Bank is set to lead rivals raising billions of euros as new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack. | Video
Bell Canada parent to buy CTV for C$1.3 billion
TORONTO (Reuters) - BCE Inc, Canada's largest telecommunications company, will pay C$1.3 billion ($1.26 billion) for the country's biggest private broadcaster, in a bold gamble on the future of video over the Internet.
Obama secures crucial vote for small business plan
WASHINGTON (Reuters) - Retiring Senator George Voinovich will break ranks with fellow Republicans and provide the crucial 60th vote needed in the Senate to pass President Barack Obama's small business lending package, an aide said on Friday.
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