Amazon, Publisher Settle Digital Books Dispute

Amazon.com and the Independent Publishers Group resolved a dispute over the sale of digital books.

Trader Testifies About P&G Plays

A former hedge-fund trader told jurors at the insider-trading trial of ex-Procter & Gamble director Rajat Gupta that he bet the company's stock would fall based on inside information purportedly from a P&G board member.

Lockheed Hires Temp Workers at Fighter-Jet Plant

Lockheed Martin said it would hire more temporary workers at a fighter-jet plant in Texas to counter a strike by employees that is nearing its sixth week.

U.S. Steers Clear of Yuan Labeling

The Treasury said China's currency remains undervalued but again didn't label Beijing a currency manipulator in a semiannual report to Congress.

Facebook Underwriters Helped Short Sellers

Trading desks at Goldman and J.P. Morgan, firms with roles in Facebook's IPO, were among those lending Facebook shares that hedge funds needed for short sales.

Australia Backs China's Stand on Europe

Australia will back China in using next month's G-20 summit to push for Europe's struggling economies to focus on growth instead of austerity.

Time Warner's Sights on Bleacher Report

Time Warner's Turner division is among possible buyers of sports-news website Bleacher Report.

India May Ban European Airlines

India may ban European carriers from flying into the country if the European Union includes airlines in its emissions control system, a senior Indian government official said.

As Greek Banks Report Earnings, Attention Turns to Deposits

Greek lenders will likely announce another round of losses next week, but the focus of their first-quarter earnings reports will be on how they are coping with increasingly difficult funding conditions.

Argentine Import Rules Spur EU Action

The EU filed a complaint at the WTO challenging Argentina's import regulations, part of a plan to pressure President Kirchner on policies that are angering the world's largest economies.

China Takes U.S. Action to WTO

China has asked for consultations at the World Trade Organization's Dispute Settlement Body on countervailing duty measures applied by the U.S. against 22 Chinese products, including solar panels, a statement said.

Money Funds Open to SEC Deal

The firms will consider supporting a watered-down version of a plan floated by the SEC to limit how quickly investors can withdraw their money.

Citigroup to Expand in India

Citigroup plans to expand its Indian consumer-banking operations by ramping up its credit-card business and adding one million new customers from the urban middle class over the next two to three years.

Toyota Eyes Emerging Markets

Toyota Motor will look to sharply increase its sales in emerging markets by rolling out new subcompact models, the company said.

Costco Sees Net Jump 19%

Costco reported higher profit and revenue for its latest quarter, as the wholesale-club operator continues to fare relatively well in an uncertain economy. Shoppers continue to hold back on discretionary items, though.

RG Steel to Idle Operations, Lay Off Employees

RG Steel is idling its steel mills in Ohio, West Virginia and Maryland and laying off employees after creditors suspended funding day-to-day operations.

Money Funds Open to a Deal With SEC

The firms will consider supporting a watered-down version of a plan floated by the SEC to limit how quickly investors can withdraw their money.

Fannie CEO Search Down to Two

Fannie narrowed its search for a new chief executive to two finalists and could soon offer the position to Timothy Mayopoulos, the mortgage-finance company's general counsel and lead candidate.

Investigators Seek More Firepower

New York's attorney general said a law-enforcement group formed to go after wrongdoing related to the financial crisis needs more investigators in order to rev up its work.

U.S. Stocks Close Higher

U.S. stocks finished mostly higher after late-afternoon comments from the Italian premier boosted confidence that Greece would stay in the euro zone.