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Stock futures flat; oil rout looks to weigh on energy

NEW YORK - U.S. stock index futures were mostly flat on Friday, as the market's recent upward bias looked to continue in a holiday-shortened session, though energy shares saw heavy pressure as crude oil tumbled to a four-year low.

Recent Business News

Putin expects oil prices to find balance by middle of 2015

SOCHI, Russia - Russian President Vladimir Putin said on Friday he was confident the oil market would find its balance by the middle of next year.

7:46am EST

Poor performance catching up with active stock fund managers

BOSTON - Stock-picking fund managers are testing their investors’ patience with some of the worst investment returns in decades.

7:06am EST

ECB's Nouy says banks must show they can make profits

LONDON - Euro zone banks that failed or scrapped through this year's health checks will have to demonstrate they can make sustainable profits and may need to sell off loss-making units, the European Central Bank's top banking supervisor said. | Video

8:19am EST

Special Report: Why Italy's stay-home shoppers terrify the euro zone

ROME - "Three for the price of two" used to be the most common special offer in Giorgio Santambrogio's supermarket chains. It has barely been used this year. The reason explains why efforts to resuscitate Italy's moribund economy are failing.

6:31am EST

Fukushima workers still in murky labor contracts: Tepco survey

TOKYO - The number of workers at Japan's Fukushima nuclear plant on false contracts has increased in the last year, the station operator said, highlighting murky labor conditions at the site despite a pledge to improve the work environment.

Japan, Nuclear Power 12:55am EST

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