Islamic State closes in on Syrian city of Aleppo; U.S. abandons rebel training effort

BEIRUT/ANKARA - Islamic State fighters have seized villages close to the northern city of Aleppo from rival insurgents, a monitoring group said on Friday, despite an intensifying Russian air-and-sea campaign that Moscow says has targeted the militant group.

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Banks take spotlight as earnings season heats up

NEW YORK - The financial sector, recently a weak performer in the stock market, will garner the majority of investor attention next week as a number of big banks post their quarterly results. | Video

3:20pm EDT

Dow Jones discloses data breach

- Dow Jones & Co disclosed on Friday a breach of its systems that put payment card and contact information of about 3,500 individuals at risk.

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House passes bill axing oil export ban, veto looms

WASHINGTON - A bill to repeal the U.S. oil export ban passed the House of Representatives on Friday, but faces an uncertain future after a veto threat by President Barack Obama.

2:15pm EDT

Exclusive: FIFA mulls delaying presidential election, emergency meeting called

ZURICH - FIFA is discussing delaying the election for their next president following the suspensions of Sepp Blatter and Michel Platini, two sources told Reuters, as soccer's governing body called an emergency meeting on the crisis.

2:25pm EDT

U.S. pulls plug on Syria rebel training effort; will focus on weapons supply

LONDON - The United States will largely abandon its failed efforts to train moderate Syrian rebels fighting Islamic State, and instead provide arms and equipment directly to rebel leaders and their units on the battlefield, the Obama administration said on Friday. | Video

Politics, Syria, Turkey, World 3:01pm EDT

Gunman kills one, wounds three at Northern Arizona University

PHOENIX - An 18-year-old student killed one person and wounded three others when he opened fire during a confrontation on the campus of Northern Arizona University early on Friday before being arrested in the latest shooting to hit a U.S. school, authorities said. | Video


Rare Syria deal falls victim to Russian escalation

BEIRUT/GENEVA - Russia's military intervention in the Syrian war has all but destroyed a deal agreed last month to halt fighting between warring sides in two areas of the west, unpicking a rare success for foreign-backed diplomacy in the four-year-long conflict.