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S&P 500 edges up to set new record; best month since Feb

NEW YORK - U.S. stocks closed out a strong month on a quiet note on Friday, with the S&P 500 posting a modest gain to close at a new record as the latest positive data helped extend a rally that had been briefly threatened by overseas concerns.

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Exclusive: Intel hires senior Qualcomm exec to boost mobile business

SAN FRANCISCO - Chipmaker Intel Corp has hired Amir Faintuch, a senior executive at rival Qualcomm Inc , to step up efforts in mobile and Internet-connected gadgets.

Tech, Media 6:00pm EDT

U.S auto sales seen ending summer without a sizzle

DETROIT - U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror.

4:38pm EDT

IMF board stands behind Lagarde over French probe

WASHINGTON - The International Monetary Fund's board on Friday stood behind the global lender's leader Christine Lagarde, who is facing a criminal investigation in France tied to a political corruption probe dating from 2008.

IMF, France 5:00pm EDT

U.S. judge sets hearing in Argentina bond case over Citi subpoena

NEW YORK - A U.S. judge overseeing litigation by Argentina and creditors who did not participate in the country's past debt restructurings on Friday scheduled a hearing to assess whether Citigroup Inc should be forced to comply with a subpoena.

7:39pm EDT

AT&T sues Cox Communications for patent infringement

- AT&T is suing Cox Communications for infringing eight patents dealing with network quality after the regional cable provider ignored its complaints about the issue and made "billions" off of the technology, according to a new lawsuit.

Tech, Media 3:12pm EDT

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How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.