The U.S. economy expanded at a surprisingly strong pace this fall despite the federal government shutdown, according to new data released Friday.
BlackBerry Ltd. (BBRY) shares soared after the smartphone maker struck a five-year deal to have Foxconn Group manufacture its devices, helping cut production spending and stave off the inventory gluts that have plagued the company.
NEW YORK (Reuters) - Stocks rose on Friday, capping the best week for major indexes in months as unexpectedly strong data on economic growth increased confidence that the recovery was accelerating.
Tribune Co.'s $2.73 billion acquisition of Cincinnati-based Local TV LLC was approved by the Federal Communications Commission Friday.
SAN FRANCISCO (AP) - Facebook has priced a secondary offering of its stock at $55.05 a share in a deal that will generate a $2.3 billion windfall for CEO Mark Zuckerberg.