Data brings more focus on timing of U.S. rate hike

NEW YORK - U.S. stock investors may be bracing for further signs next week that the Federal Reserve could increase interest rates sooner rather than later, with retail sales expected to rebound after two straight months of declines.

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BP drops bid to oust Gulf spill claims administrator

- BP Plc on Friday ended its bid to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill, citing steps the administrator has taken to reduce the threat of fraud.

6:06pm EST

Nasdaq market share drops in fee and rebate cutting experiment

NEW YORK - Nasdaq OMX Group said on Friday its experiment in lowering exchange fees and rebates in 14 stocks has so far led to lower market share in those names on its exchange as many electronic market making firms sought higher rebates elsewhere.

3:08pm EST

Tesla says Nevada battery plant on track despite report of delay

DETROIT - Tesla Motor Inc said on Friday that construction of its giant $5 billion battery plant in Nevada remains on schedule despite a newspaper report saying the electric carmaker's project was delayed.

3:28pm EST

Greece sends EU reform list, more hurdles before early cash

ATHENS/BRUSSELS - Greece sent its euro zone partners an augmented list of proposed reforms on Friday but EU officials said several more steps were required before any release of aid funds to a country that Prime Minister Alexis Tsipras says has a noose around its neck.

3:18pm EST

Oil in biggest weekly drop since January on dollar, rate-hike fear

NEW YORK - Crude oil prices closed down on Friday, with benchmark Brent losing its most in a week since January, as a resurgent dollar and fear of a U.S. rate hike diverted attention from the shrinking number of rigs drilling for oil in the United States. | Video

8:37pm EST


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