Reuters - The Nasdaq rose on Thursday as top technology companies and other exporters benefited from tumbling oil prices, seen as easing strains on global economic growth.

Reuters - Two former Bear Stearns hedge fund managers were arrested and indicted on securities fraud charges on Thursday following a federal criminal probe into the collapse of two funds they oversaw.

AP - China's economy is weathering the global slowdown better than expected, the World Bank said Thursday as it raised its growth forecast for the Asian giant to 9.8 percent from 9.4 percent.

Reuters - Hewlett-Packard Co will reorganize its printer operations, trimming its five business units to three in a bid to become more efficient, the Wall Street Journal reported on Thursday.

Reuters - General Motors Corp is postponing redesigning its SUVs and full-sized trucks as it shifts its product portfolio toward more fuel-efficient vehicles, the Wall Street Journal reported in its online edition on Thursday.

Reuters - Huntsman Corp said on Thursday it would fight an effort by Apollo Management to back out of the planned $6.5 billion takeover of the Texas company by Apollo's Hexion Specialty Chemicals.

Reuters - U.S. Treasury Secretary Henry Paulson is expected to urge that the Federal Reserve be given new powers to regulate Wall Street after the collapse of brokerage Bear Stearns Cos. Inc., U.S. media reported on Wednesday.

AFP - UK blue chips closed higher on Tuesday, supported by gains from banks and miners and by hopes a spike in UK CPI may be temporary, but the FTSE 100 index ended well off the session peak as Wall Street fell back after poor US PPI data.

Reuters - Stocks dropped sharply on Wednesday, with the Dow slipping below 12,000 for the first time since March 18, when the market was reeling from the collapse of Bear Stearns.

Reuters - Delta Air Lines on Wednesday said it expected to post a profit in the second quarter, excluding special items, and plans to cut its domestic capacity by 13 percent in the second half of 2008

Reuters - Package delivery company FedEx Corp posted a quarterly loss on Wednesday due to high fuel prices, a weak U.S. economy and a previously announced write-down, and issued a weak forecast for fiscal 2009.

Reuters - U.S. auditors urged the Air Force Wednesday to rerun its marathon, $35 billion competition for refueling aircraft, upholding a protest by losing bidder Boeing Co .