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Earnings lift S&P 500, Nasdaq; S&P's best week since July

NEW YORK - Stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results. | Video

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Singapore no home for luxury developers as cooling measures bite

SINGAPORE - Luxury property developers in Singapore are facing their worst sales outlook in six years as a raft of government measures to cool one of the world's most expensive real estate markets bite.

5:03pm EDT

Ex-Goldman director Gupta starts prison term on June 17

NEW YORK - Former Goldman Sachs Group Inc director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading.

5:24pm EDT

Lululemon CEO looks beyond yoga wear for growth

TORONTO - Lululemon Athletica Inc , best known for its trendy yoga wear, hopes to drive growth in coming years by expanding its range of fitness-related apparel and accelerating international plans, its newly appointed chief executive said on Thursday.

5:17pm EDT

China's new breed of whistleblowers takes on big business

SHANGHAI - Chinese lawyer Hao Junbo wants to make you rich if you're a whistleblower after a bounty. For big business in China he's a headache, part of a small but fast-growing industry built around exposing corporate wrongdoing.

5:13pm EDT

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