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Wall St. up for sixth straight week despite oil rout

NEW YORK - U.S. stocks ended mostly flat in a holiday-shortened session on Friday as a massive decline in the energy sector offset strength in consumer names, but major indexes rose for a sixth straight week.

Recent Business News

Billions wiped off energy shares as investors rush for exit

LONDON - A fresh slide in the price of crude wiped tens of billions of dollars off oil companies' market value on Friday and signalled an end to the sector's safe-haven status, as fears mounted over future profits and dividend payouts.

11:36am EST

World investors cut stocks and hold cash as uncertainty dominates

LONDON - World investors eased back on their exposure to risk assets such as stocks as they grappled with divergent monetary policies and multi-speed growth paths among major world economies, a global poll shows.

7:15am EST

BMW not interested in buying stake in Tesla: Wirtschaftswoche

FRANKFURT - Germany's BMW is not interested in buying a stake in U.S. electric carmaker Tesla Motors , German weekly WirtschaftsWoche reported on Friday, citing a BMW statement.

9:13am EST

Black Friday shopping crowds thin after Thanksgiving rush

WEST HARTFORD, Conn./CHICAGO - Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online. | Video

3:30pm EST

U.S. lodges new appeal at WTO in meat labelling dispute

GENEVA - The United States lodged an appeal on Friday to challenge a World Trade Organization ruling it said had failed to bring its meat labelling laws into line with global trade rules.

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