The economy took a steep tumble at the start of this year, though it may not turn out to be quite as grim as the government first thought. The Commerce Department is set to release a report Friday that’s expected to show the economy shrank at an annualized…

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Economy’s fall still bad _ even if less steep

The speed at which General Motors Corp. exits bankruptcy protection will depend a lot on the shape the company is in when it enters. GM has three more days to tidy up. Bankruptcy experts say the more operational, labor and financial concessions the automaker…

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Crash diet: GM getting in shape for Chapter 11

PERTH (Reuters) – Oil fell below $65 a barrel on Friday but was on track for its largest monthly percentage gain in more than a decade after government data showed a surprisingly sharp drop in U.S. crude inventories and OPEC left output steady.

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Oil dips below $65 after jump on stocks data

TOKYO (Reuters) – Signs of an uptick in demand are emerging in the United States and Japan after the sharpest downturn in decades, prompting companies to revive production and investors to buy shares.

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Signs of demand recovery emerge in U.S. and Japan

Japan’s industrial production jumped at the fastest pace in 56 years in April, with predictions for further gains in May and June _ convincing signs that manufacturers are recovering from the country’s steepest recession since World War II. But the pain…

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Japan’s industrial output jumps most in 56 years

Oil prices pulled back from a six-month high to below $65 a barrel Friday in Asia after jumping overnight on a fall in U.S. oil inventories and signs of economic improvement. Benchmark crude for July delivery was down 26 cents to $64.82 a barrel by midday in…

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Oil dips below $65 after hitting 6-month high

HONG KONG (Reuters) – The yen rose on Friday, helped by the biggest monthly spike in Japanese industrial output since 1953, while crude prices eased from a six-month high but were still up around $3 this week on expectations of increased demand.

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Yen rises on Japanese output jump

(Reuters) – U.S. yellow-pages publisher R.H. Donnelley Corp filed for Chapter 11 bankruptcy protection on Thursday, court documents showed.

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R.H. Donnelley files for Chapter 11 protection

Google is uniting instant messaging, e-mail and document collaboration into a new service with the audacious goal of changing how people communicate online. The service, called Wave, will erode the distinction between the various ways people keep in touch on…

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Google wants to change online communication

Mark Cuban is suing the Securities and Exchange Commission for access to documents detailing the insider trading case against the Dallas Mavericks owner. The Dallas billionaire filed requests for records in December under the Freedom of Information Act. That…

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Mark Cuban sues SEC over insider trading documents

If the heart of Mill Valley is where the fog spills off Mount Tam, the soul is in a glorified closet off Throckmorton Avenue. That’s where Misak Pirinjian holds court as proprietor of Tony’s Shoe Repair, dispensing smiles, gossip and new soles to an unending…

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Happy feet bring customers back in Mill Valley

A former trainer in Japan’s traditional sport of sumo has been convicted and sentenced to six years in prison following the death of a wrestler suspected of being fatally battered during his training. The Nagoya District Court says former trainer Junichi…

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Japan sumo trainer convicted in wrestler’s death

Flying on Air Force One, eating meals prepared by the White House kitchen staff and drawing inspiration from his encounters with U.S. military personnel were among things former President George W. Bush missed since leaving office, he said Thursday. The often-…

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Bush says he misses seeing servicemembers, WH food

South Korean President Lee Myung-bak is juggling competing crises: the suicide of his predecessor and an increasingly belligerent North Korea. South Korea has been in mourning since the death Saturday of former President Roh Moo-hyun, a liberal recently…

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Competing crises buffet South Korea’s president

A disgruntled casino visitor, having just shot and mortally wounded a worker at the Trump Taj Mahal Casino Resort, planned to kill himself in a parking garage but was stopped by police, a casino executive said. Mark Juliano, CEO of Trump Entertainment…

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NJ Trump casino says gunman had planned suicide