Reuters
NEW YORK (Reuters) – Stock index futures rose on Friday, as another batch of solid corporate results, including Microsoft and Ford, along with positive economic data in Europe eased fears about the strength of a recovery. Full Story »
LONDON/MADRID (Reuters) - Europe's attempt to restore confidence in its banks comes to a head on Friday with widespread expectation that up to 10 lenders will fail the test and have to raise capital. Full Story »
BOSTON (Reuters) - Diversified U.S. manufacturer Honeywell International Inc reported a 4 percent rise in quarterly profit and boosted its full-year forecast, citing rebounding demand for its industrial and automotive products. Full Story »
WASHINGTON - Federal market regulators are relaxing a rule that could have clogged crucial markets for bonds backed by consumer debt. Full Story »
CHICAGO - American Express Co. tripled its second-quarter profit as more spending by its card members helped vault its business back to pre-recession levels. Full Story »
DETROIT (Reuters) - Kimberly-Clark Corp posted a stronger-than-expected quarterly profit due to higher selling prices and cost cuts, but trimmed its full-year sales outlook. Full Story »
LONDON - Moody's Investor Services has warned it may be downgrading its view on Hungary's debt position following the recent breakdown of the country's talks with the International Monetary Fund and the European Union. Full Story »
RATES FALL AGAIN: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.56 percent, down from 4.57 last week. Full Story »
AFP GENEVA (AFP) - The World Trade Organization raised on Friday its forecast for growth of global commerce to 10 percent this year, with its director general saying that even this might yet "turn out to be too low." Full Story »
NEW YORK - Shares of Amazon.com Inc. took a hit in premarket trading Friday after the online retailer posted second-quarter earnings laden with heavy operating costs that surprised investors. Full Story »
AP DETROIT - General Motors is getting into the subprime lending business. And that means taxpayers are, too. Full Story »
Canadian annual inflation eases in June on energy
OTTAWA (Reuters) - Moderating energy prices helped slow Canada's annual inflation rate in June from May, suggesting the central bank has breathing room to take a gradual approach to future interest rate hikes. Full Story »
AFP/File FRANKFURT (AFP) - European Central Bank president Jean-Claude Trichet launched an outspoken warning to top industrialised countries on Friday to cut spending and to tax now, not later for fear of derailing recovery. Full Story »
AFP/DDP/File STOCKHOLM (AFP) - Swedish truckmaker Scania reported unexpectedly strong second-quarter results on Friday as the auto industry rebounded from the disaster of 2009 when the global economic slump savaged demand. Full Story »
Ninety-one banks. Twenty countries. One exam. So who's going to flunk the European stress test? Full Story »
Verizon Communications Inc. on Friday said it lost $198 million in the second quarter due to a buyout for 11,000 workers. Full Story »
The journal Science is reporting that researchers who said they were closing in on determining the impact of family versus lifestyle in lifespan are reanalyzing their findings. Full Story »
Add headlines to your personalized My Yahoo! page (About My Yahoo! and RSS)
See Only Business News From: