Reuters - U.S. stocks soared on Friday rounding out their best week in more than three months, as oil plunged below $115 a barrel, easing inflation concerns and improving prospects for business and consumer spending.

Reuters - Google Inc and Yahoo Inc released on Friday excerpts of a pact covering their search advertising partnership that keeps secret financial terms and the extent of other ties between the two.

Reuters - Warren Buffett's Berkshire Hathaway Inc (BRKa.N)(BRKb.N) said on Friday second-quarter profit fell 8 percent, hurt by weaker results from insurance underwriting.

Reuters - Bank of America Corp , the largest U.S. retail bank, said on Thursday it received subpoenas and requests for information relating to auction-rate securities from federal and state government agencies.

Reuters - Swiss bank UBS AG has agreed to buy back $19.4 billion of debt securities whose value collapsed during the global financial crisis and to pay $150 million in fines to settle charges it misled investors, Massachusetts' top securities regulator said on Friday,

Reuters - Stocks jumped on Friday as the U.S. dollar's rally helped push oil prices down to nearly $116 a barrel, reducing inflation fears and improving prospects for stronger business and consumer spending.

Reuters - Fannie Mae on Friday posted a much larger-than-expected second-quarter loss and slashed its dividend more than 85 percent to preserve capital as home loan defaults accelerated in the bleakest U.S. housing market since the Great Depression.

Reuters - Oil dropped to a three-month low on Friday as the dollar surged and concerns about global economic growth weighed on demand expectations.

Reuters - U.S. consumer credit expanded at the fastest rate in seven months in June as Americans turned to credit cards and consumer loans to maintain spending in the face of rising food and energy costs, a government report on Thursday showed.

Reuters - Citigroup and Merrill Lynch said they would buy back billions of dollars of illiquid auction-rate securities from retail clients, and Citigroup agreed to pay a $100 million fine to settle charges it fraudulently misled investors about the debt's risk.

Reuters - UBS AG , Switzerland's biggest bank, may pay more than Citigroup Inc or Merrill Lynch & Co to settle state and federal claims that it fraudulently sold auction-rate securities, Bloomberg reported, citing a person who briefed on the negotiations.

Reuters - General Motors Corp said on Thursday it expects to spend $900 million over the next few years to adjust its manufacturing capacity, including closing plants and reducing output.