Reuters - U.S. crude rose more than $1 a barrel to over $75 on Friday due to the shutdown of a major pipeline, but a leading forecaster said demand would stay tepid.
Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.
AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.
Reuters - Wholesale inventories surged by the largest amount in two years in July, a government report said on Friday, in a sign firms were anticipating enough demand to boost stock this summer.
AP - French prosecutors want to drop a highly charged case against two police officers in the electrocution deaths of two teens that sparked fiery nationwide riots in 2005, a judicial official said Friday.
AP - Fire crews flooded the ruins of burning homes with water early Friday and after a massive explosion apparently triggered by a broken gas line sent flames roaring through a neighborhood near San Francisco, killing at least four people and destroying more than 50 houses.
AP - International news agencies alarmed by South African proposals that could see reporters jailed should not fear freedoms are under attack, the president said Friday, adding that South Africa has one of the world's most progressive constitutions.
AP - A federal judge said she will issue an order to halt the military's "don't ask, don't tell" policy, after she declared the ban on openly gay service members unconstitutional.
AP - A federal judge said she will issue an order to halt the military's "don't ask, don't tell" policy, after she declared the ban on openly gay service members unconstitutional.
AP - Minutes after a woman was suspended from her job at a Kraft Foods Inc. plant and was escorted out, she returned with a handgun and opened fire, killing two people and critically injuring a third before being taken into custody, police said.
AP - Striving to gain the upper hand on a crucial political issue, President Barack Obama is faulting Republicans for refusing to help him turn around the sluggish economy or support some proposed new tax breaks for businesses that the GOP has backed in the past.
AP - As thousands of Afghans protested a tiny Florida church's plan to burn the Muslim holy book, the church's pastor said he won't follow through with the burning if he's able to meet Saturday with the organizers behind a mosque planned near ground zero in New York.
AP - As thousands of Afghans protested a tiny Florida church's plan to burn the Muslim holy book, the church's pastor said he won't follow through with the burning if he's able to meet Saturday with the organizers behind a mosque planned near ground zero in New York.
AP - German stocks underperformed their European and U.S. counterparts Friday following reports that Deutsche Bank AG is planning to raise as much as euro9 billion ($11.4 billion) to lift its stake in Deutsche Postbank AG and shore up its capital base.
AP - Authorities have switched to recovery mode for a missing motorist in Austin while searches have resumed in the San Antonio area for two others swept away in flooding spawned by the remnants of Tropical Storm Hermine.
Reuters - Stocks opened little changed on Friday in what was expected to be another low volume session, with the energy sector leading the way up as crude oil prices jumped.
Reuters - BCE Inc, Canada's biggest communications company, said on Friday it agreed to pay C$1.3 billion for the 85 percent of broadcaster CTV it did not already own.
AP - Clashes between police and alleged militants left six more people dead Friday in Russia's volatile North Caucasus, even as stunned residents laid flowers in a square where a suicide car bombing killed 17 people and wounded more than 140 only a day ago.
AP - The U.S. was slow to take seriously the threat posed by homegrown radicals and the government has failed to put systems in place to deal with the growing phenomenon, according to a new report compiled by the former heads of the Sept. 11 Commission.
Reuters - The securities regulator is investigating investment advisory firms that channel investors' money into hedge funds, the Wall Street Journal reported.
AP - More than 230,000 Japanese citizens listed in government records as at least 100 years old can't be found and may have died long ago, according to a government survey released Friday.
AP - An Iranian news agency says Saturday's planned released of one of three Americans jailed for more than a year is a result of intervention by President Mahmoud Ahmadinejad.
AP - An Iranian news agency says Saturday's planned released of one of three Americans jailed for more than a year is a result of intervention by President Mahmoud Ahmadinejad.
AP - A Southern California surgical team on Friday amputated the arm of a freight train engineer to free him from the wreckage of a locomotive that rear-ended a slow moving freighter on tracks 50 miles east of Los Angeles.
Reuters - Yoshihiko Takahashi chuckles politely when asked if he's weary of having the same conversation with passengers, day in and day out, as he shuttles them around Tokyo in his white-and-blue all-electric taxi. How often do you have to recharge? How far can you go? Does this car really have no emissions?
AP - Nokia Corp. is replacing CEO Olli-Pekka Kallasvuo with top Microsoft executive Stephen Elop as the world's top handset maker aims to regain lost ground in the fiercely competitive smartphone market.
AP - Japan's Defense Ministry stressed the importance of U.S. military forces in Japan and cast a wary eye on China's military expansion in an annual report Friday, as diplomatic tensions with China rose following a collision near disputed islands.
BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...
AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.
AP - Convicted killer Cal Coburn Brown was executed early Friday by lethal injection for the rape, torture and murder of a Seattle-area woman, after delivering a statement complaining he was treated unfairly by the legal system.
Time.com - Foreign businesses in China are voicing growing frustration about the country's heavily regulated market -- a bureaucratic maze many say is deliberately designed to hamstring non-Chinese players to the advantage of their local competitors
AP - After three nights of violent protests, calm mainly prevailed over a gritty neighborhood where police fatally shot an illegal immigrant from Guatemala who was menacing officers with a knife.