AP - Iran's president intervened to secure the release of Sarah Shourd, one of three Americans jailed for more than 13 months, in part because of her gender, a news agency reported Friday.
AP - Hundreds of sex abuse victims have come forward in Belgium with harrowing accounts of molestation by Catholic clergy that reportedly led to at least 13 suicides and affected children as young as two, a special commission said Friday.
AFP - Teams from the Central African Republic's electoral commission have begun deploying throughout the country to prepare for a census that will begin on September 22, the organisation announced Friday.
Reuters - BCE Inc, Canada's largest telecom, will pay C$1.3 billion for full ownership of the country's biggest private broadcaster, aiming to capitalize on explosive growth in video over wireless devices.
AP - Germany's main stock market was the only major index in Europe and the U.S. to fall Friday as investors were dismayed by reports that Deutsche Bank AG is planning to raise as much as euro9 billion ($11.4 billion) to lift its stake in Deutsche Postbank AG and shore up its capital base.
AP - U.S. film company Paramount says it is teaming up with officials to develop a branded theme park in the Murcia region on Spain's Mediterranean coast.
AP - Oil prices surged Friday after a pipeline that delivered oil to Midwest refineries was shut down, raising questions about how long the supply may be disrupted.
AP - An Afghan insurgent commander who was allegedly planning bombings in Kabul on the eve of the Sept. 18 parliamentary elections and two of his associates have been killed in an airstrike, NATO said Friday.
Reuters - Stocks rose on Friday as energy shares were boosted by a jump in crude oil prices and wholesale inventory data pointed to rising consumer demand.
Reuters - Deutsche Bank is set to lead rivals raising billions of euros as new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack.
Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.
AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.
Reuters - Wholesale inventories surged by the largest amount in two years in July, a government report said on Friday, in a sign firms were anticipating enough demand to boost stock this summer.
Reuters - The securities regulator is investigating investment advisory firms that channel investors' money into hedge funds, the Wall Street Journal reported.
BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...
AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.
Time.com - Foreign businesses in China are voicing growing frustration about the country's heavily regulated market -- a bureaucratic maze many say is deliberately designed to hamstring non-Chinese players to the advantage of their local competitors
AP - President Barack Obama has chosen one of his longtime economic advisers, Austan Goolsbee, to be the chairman of his Council of Economic Advisers, a White House official said.
AFP - An independent Australian politician whose support was crucial to keeping Prime Minister Julia Gillard in power Friday knocked back an offer to become a minister in her minority government.
AP - The Mexican police officers who arrested infamous drug suspect Edgar Valdez Villarreal, alias "La Barbie," did not initially know who they had caught, according to a booking report obtained Thursday.
McClatchy Newspapers - WASHINGTON — Under tremendous pressure from U.S. officials all the way up to President Barack Obama, a Florida pastor on Thursday called off a Quran burning that he'd scheduled for Saturday, the anniversary of the 9/11 attacks, which had drawn international condemnation and posed a potential threat to national security.
AP - Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.
AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.
Reuters - Democrats in Congress are distancing themselves from President Barack Obama's push to let taxes rise for the wealthiest Americans, fearing it will further harm them in November's mid-term elections.
The Christian Science Monitor - Iraq has quietly agreed to pay $400 million in claims to American citizens who say they were tortured or traumatized by Saddam Husseinâs regime after his 1990 invasion of Kuwait.
Reuters - Wal-Mart Stores Inc will remain without a chief merchandising officer for its U.S. stores for now, instead naming four new product heads to take over that responsibility, the retailer said on Thursday.
Reuters - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.
OneWorld.net - NEW
YORK, Sep 7 (IRIN) - Activists are pulling out all the stops
ahead of a development summit at UN headquarters on 20-22 September.
Pro-aid and anti-poverty lobbyists are trying everything from giant
letters to banging pans to raise awareness of the high-level event.