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ORDERS UP: U.S. orders for manufactured goods expected to last at least three years rose 3.3 percent in April. The gain was driven by a surge in demand for aircraft and more spending by businesses.
News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.
German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday.
In the first three months of the year, Netflix gained 2 million U.S. Internet subscribers, thanks in part to the success of the political drama "House of Cards," which debuted in February. Netflix is expected to get another boost this weekend with the revival of "Arrested Development." Here's a breakdown of Netflix Inc.'s subscribers as of March 31 and details on its forecast:
Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.
Metals prices ended slightly lower Friday, as did agricultural futures.
A line of children's beds with defective mattress support rails and motorized shades with overheating batteries are among this week's recalled consumer products.
The average price of a gallon of gasoline is about the same as it was last year at this time, and could be slightly cheaper by Monday. But it's more than double what it was in 2000. Here's how the price of gasoline on Memorial Day has changed since then, according to GasBuddy.com.
This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds.
Growth stocks, neglected at the start of the year, are starting to get a bit of love from investors again.