SYDNEY, Dec 6- Asian markets were heading into another trying session on Friday as speculation builds about an imminent scaling back in U.S. stimulus, with payrolls data looming as make or break for a move this month. MSCI's broadest index of Asia-Pacific shares outside Japan was flat after slipping 1.5 percent on Thursday.» Read More
HOUSTON, June 21- Former Enron Corp Chief Executive Jeffrey Skilling's near decade-long quest to prove he did nothing wrong at the once high-flying energy-trading behemoth ended on Friday when a federal judge shaved 10 years off of his prison sentence.
Chicago, Dallas manufacturing indexes Monday. NEW YORK/ LONDON, June 21- Gold rose 1.3 percent on Friday, rebounding from nearly a three-year low earlier, but for the week it still dropped the most in nearly two years after the U.S.
HOUSTON, June 21- A federal judge on Friday cut former Enron Corp Chief Executive Jeffrey Skilling's prison sentence to 14 years from 24 years as part of a deal with prosecutors. District Judge Simeon Lake issued the ruling in federal court in Houston.
*Oracle slides after results miss, drags on Nasdaq. Trading was volatile, with major averages fluctuating between modest gains and losses, though the Nasdaq was pressured throughout the day by a steep decline in Oracle Corp, which dropped after weak results.
*Russia's Rosneft to double oil flows to China. ST PETERSBURG, Russia, June 21- President Vladimir Putin unveiled a $13 billion investment plan on Friday to build new roads and railways by tapping a reserve fund, hoping to revive Russia's economy and avoid stagnation.
NEW YORK, June 21- A unit of Endo Pharmaceuticals Inc said it has agreed to pay $54.5 million to settle some of the thousands of lawsuits in North America that it is facing over injury claims stemming from the use of transvaginal surgical mesh products.
LONDON, June 21- Britain's top-selling Sun newspaper, one of the Rupert Murdoch-owned tabloids at the centre of a large criminal investigation, said on Friday its editor Dominic Mohan was moving on to a role advising the chief executive of the new News Corp..
NEW YORK, June 21- Two airliners nearly collided above New York airports earlier this month, the Federal Aviation Administration said in a statement on Friday.
ST PETERSBURG, Russia, June 21- Gazprom is ready to take on potential Russian and Australian rivals for Asia's ballooning liquefied natural gas market, its export chief said after President Vladimir Putin signalled an end to its exclusive right to export LNG.
June 21- Warner Bros Pictures Group President Jeff Robinov asked to negotiate his exit from the Time Warner Inc- owned film studio he has led since 2007, Hollywood news website Deadline.com reported on Friday. Robinov's attorney, Skip Brittenham, notified Warner Bros on Thursday that he wanted to work out a deal to leave the company, Deadline reported.
NEW YORK, June 21- Starbucks Corp will increase the price of some of its beverages in U.S. company-operated cafes by as much as 10 cents, the first price change in up to two years, a spokeswoman said on Friday. The price hike will be effective June 25, Starbucks spokeswoman Lisa Passe said.
ST PETERSBURG, Russia, June 21- The International Monetary Fund hopes to reach a deal with Greece in July to extend fresh credit, after a time-out in talks for the government in Athens to review its economic strategy, First Deputy Managing Director David Lipton said.
NEW YORK, June 21- The U.S. dollar was on track Friday for its biggest weekly advance against major currencies since July 2012, extending gains after the Federal Reserve laid out its plans on Wednesday to begin scaling back its economic stimulus efforts.
CALGARY, Alberta, June 21- The heaviest floods in decades shut down the Canadian oil capital of Calgary on Friday, closing roads and bringing down bridges across southern Alberta, and forcing tens of thousands of residents to leave their soggy homes.
*Wall Street mixed, with volatility expected. NEW YORK, June 21- Equities markets stabilized in choppy trading on Friday, while Treasury yields hit their highest levels in almost two years in the wake of the Federal Reserve's plans to withdraw its economic stimulus.
*News Corp spinoff to replace Apollo Group in S&P 500. *Stocks rebound after Wall Street Journal story. However, stocks rebounded from losses later in the day, after the Wall Street Journal published an analysis saying the market may be misreading the Fed's message, and that reduction in bond buying may not come as soon as some expect.
WASHINGTON, June 21- The U.S. The Fed's Office of Inspector General said it pushed back the completion date of the probe until end-September from the end of second quarter.
NEW YORK, June 21- Former fund manager John Mattera was sentenced to 11 years in prison on Friday, after pleading guilty of defrauding investors of $13 million with a story that he put their money in Facebook Inc and Groupon Inc shares before the companies went public.
TOKYO- A Tokyo court ruled on Friday that Samsung Electronics Co Ltd had infringed rival Apple Inc's patent for a so-called bounce-back feature on earlier models of its popular smartphones.
NEW YORK, June 21- Starbucks Corp will increase the price of some of its beverages in several of its U.S. cafes by as much as 10 cents, with the average purchase price rising by 1 percent, after the company analysed its pricing structure, a spokeswoman said on Friday.