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Broad rally lifts Wall St. to record as BoJ bumps up stimulus

NEW YORK - The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its years-long package of incentives.

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Japan's central bank shocks markets with more easing as inflation slows

TOKYO - The Bank of Japan shocked global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April.

6:27am EDT

AbbVie says strong results lessen need for big deal

- AbbVie, which this month abandoned its planned $55 billion purchase of Dublin drugmaker Shire , reported impressive quarterly earnings on demand for its Humira arthritis drug and said it could deliver strong long-term growth without rushing into another big merger attempt.

1:36pm EDT

Samsung says Microsoft deal invites 'charges of collusion': filing

- Samsung said its collaboration with Microsoft on Windows phones raised antitrust problems once Microsoft completed its acquisition of Nokia's handset business, according to a court filing.

Tech, Deals, Media 1:03pm EDT

Daimler buys into Agusta as motorbike and car tech converge

FRANKFURT - Daimler AG will buy 25 percent of Italian motorcycle maker MV Agusta - the latest sign that motorbike and car technologies are converging, driven by a push to lower emissions and improve safety.

Deals, Italy 1:37pm EDT

Argentina default spreads to Par bonds, risking payment demands

BUENOS AIRES/NEW YORK - Argentina's debt default spread to its Par bonds on Friday after the country failed to complete an interest payment, raising the risk that creditors could demand that the country's cash-strapped government immediately repay all of its debt.

1:41pm EDT

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