Wall St ends flat; Disney, retailers dip on sales worries

U.S. stock indexes ended little changed in light trading on Friday, with consumer stocks falling as investors fretted over early reports on the U.S. holiday shopping season and Disney's subscriber losses weighed on the market.

Recent Business News

Musk's Tesla faces German battle over battery-powered homes

FRANKFURT If Elon Musk's vision of millions of households producing all their own power becomes a reality, it will probably happen first in Germany. But he will face a battle for market share against local firms with years of experience in renewable energy.

Halliburton refiles bid for EU approval of $35 billion Baker Hughes buy

BRUSSELS - U.S. oil services provider Halliburton Co has refiled a request for EU antitrust approval of its $35 billion bid for smaller rival Baker Hughes , four months after regulators rejected an earlier application because of insufficient data.

11:02am EST

Class action suit against Barclays alleges forex rigging losses

A New York-based investment adviser filed a class action lawsuit against Barclays Plc on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners.

1:45pm EST

Microsoft's Gates to start multi-billion-dollar clean tech initiative

NEW YORK/PARIS Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative with heads of state on Monday, the opening day of the U.N. climate change summit in Paris, the French government said Friday.

Dutch government to appeal EU ruling on Starbucks tax deal

AMSTERDAM The Dutch Finance Ministry said on Friday it will appeal against a European Commission ruling ordering it to recover up to 30 million euros ($31.8 million) in taxes from Starbucks.


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