TORONTO (Reuters) - BlackBerry Ltd, after giving up on a plan to sell itself last month, reported a massive $4.4 billion quarterly loss on Friday as sales of its smartphones shriveled and it booked a huge inventory write-down.
Ally Financial Inc., a former General Motors Corp. lending arm that taxpayers bailed out during the financial crisis, will pay $98 million to settle federal government allegations that car dealers overcharged blacks, Latinos and Asians for Ally's auto loans.
NEW YORK (MarketWatch) - U.S. stocks rallied Friday, with the Dow Jones Industrial Average on track for its best weekly gain since January, after a government report showed the economy grew at its fastest pace in two years last quarter.
... Print. * S&P, Dow hit record highs, Nasdaq highest since 2000. * Euro rebounds in wake of S&P's cut of EU's AAA rating.
NEW YORK�Gold futures prices popped back above $1,200 an ounce on Friday, as some bearish investors cashed out after the market's slid to three-year lows.