Latest Business Wires

Iranian President Mahmoud Ahmadinejad said on Saturday the Islamic state would soon announce "very important" achievements in the nuclear field, state TV reported.

Bernard Trager, the longtime chairman and founder of bank holding company Republic Bancorp Inc., has died. He was 83.

Rapper Jay-Z and wife Beyonce unveiled highly-anticipated pictures of their new baby daughter Blue Ivy Carter on Friday, opting to post intimate family shots on social networking site Tumblr rather than selling them to the highest bidder.

NEW YORK (Reuters) - Italian Prime Minister Mario Monti said Rome will not need bailout funds to overcome its debt crisis, but he reiterated that Europe should build large financial firewalls to "impress the market and take the perception of risk away."

Security researchers said they found a vulnerability in the Google Inc mobile payments platform which is currently available in phones sold by Sprint Nextel Corp.

Regulators on Friday closed small banks in Illinois and Indiana, increasing to nine the number of U.S. bank failures this year, a slower pace than in 2011, when there were 92 bank closures.

An Illinois man was sentenced Friday by a federal judge in Rhode Island to more than three years in prison for shipping unwanted penis enlargers to diabetes patients as part of a larger fraud scheme that prosecutors say bilked $2.2 million from Medicare over four years.

London's U.N. ambassador warned Argentina on Friday that Britain would "robustly" defend the Falkland Islands if necessary, but added that his country remained open to bilateral talks with Buenos Aires on any issue except the islands' sovereignty.

The trustee overseeing MF Global's liquidation said Friday that the shortfall between the funds under his control and the amount customers of the failed brokerage are expected to claim is at least $1.6 billion.

(Reuters) - Wegelin & Co, the oldest Swiss private bank, was declared a fugitive after failing to show up in a U.S. court to answer a criminal charge that it conspired to help wealthy Americans evade taxes.

A look at the 10 biggest volume decliners on Nasdaq at the close of trading:

A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:

A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:

A look at New York Stock Exchange 10 most-active stocks at the close of trading:

A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:

A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:

A look at the 10 biggest volume gainers on Nasdaq at the close of trading: