NEW YORK - A U.S. federal judge on Friday approved an estimated $5.7 billion class action settlement between merchants and Visa Inc and MasterCard Inc over credit card fees despite objections from thousands of retailers who complained it was inadequate.
WASHINGTON - The U.S. Supreme Court on Friday agreed to weigh whether Fifth Third Bancorp can be sued for having put company stock in its employee retirement plan ahead of the housing downturn.
SAN FRANCISCO - Qualcomm Inc , the world's biggest maker of cellphone chips, unexpectedly named Chief Operating Officer Steve Mollenkopf as chief executive on Friday, heading off the possibility he might be poached to run Microsoft Corp .
NEW YORK - The U.S. dollar hovered near a five-year high against the yen and rose against the euro on Friday, while global equity indexes slipped on growing concerns the U.S. Federal Reserve could surprise investors by scaling back its stimulus as early as next week.
BANGUI - The United Nations on Friday warned groups carrying out atrocities in the Central African Republic the world was watching and would hold them to account, after the killings of hundreds of people, mainly civilians.
LONDON - Syrian opposition leaders called on Western and Arab allies on Friday to give them funding to reorganise their forces after Islamist fighters seized some of their weapons.
BEIRUT - Islamist rebels linked to al Qaeda kidnapped at least 120 Kurdish civilians on Friday from a village near the Turkish border in Aleppo province, a monitoring group said.
VIENNA/MOSCOW - A breakthrough agreement to end the standoff over Iran's nuclear programme appeared to face its first major difficulty on Friday with Russia warning that expanding a U.S. sanctions blacklist could seriously complicate its implementation.
- The surprise departure of a potential Coca-Cola Co chief executive has put the global chief customer officer in contention to eventually succeed CEO Muhtar Kent.