Mark Brooks

The company says the area known as the Perdido belt contains prospective reserves that could amount to as much as 13 billion barrels of crude equivalent.

The airline said around midday Friday that all seat repairs on its Boeing 757 airplanes should be done by Saturday.

The August borrowing gains reflected a $4.2 billion increase in borrowing on credit cards and a $13.9 billion increase in auto and student loans.

The result was a slight, $207 billion improvement from the 2011 deficit of $1.3 trillion.

The probe by the National Highway Traffic Safety Administration affects more than 577,000 older-model vehicles, which were big sellers with families because of their space and reputation for quality.

The nonprofit North Carolina Consumers Council has asked federal regulators to investigate two complaints from drivers that the small SUVs stalled or surged forward.

On Friday, Lehman Brothers Inc. and Lehman Brothers International (Europe) said that their agreement would allow them to proceed with plans to allocate and distribute assets to customers and creditors.

The rate declined from 8.1 percent because the number of people who said they were employed soared by 873,000 — an encouraging sign for an economy that's been struggling to create enough jobs.

Wet Seal and The Clinton Group have been in a proxy fight.

Andrea Jung will be replaced as chairman by lead director Fred Hassan.

The Fed has told investors that it plans to keep short-term rates low for at least another three years.

During a holiday press event Thursday, the company, which operates Kmart and Sears, Roebuck and Co. stores, said that its hiring plans come as it has worked hard to make its associates more productive with strategies like using mobile checkout.

Gold for December delivery rose $16.70 Thursday to finish at $1,796.50 per ounce.

The truce announced Thursday ends a federal lawsuit filed in 2005 by several members of the Association of American Publishers after Google Inc. began stockpiling its Internet search index with digital duplicates of books scanned from libraries.

Microsoft didn't say how much it paid for the company.

That's double the 500 million it hit in July 2010.

The agreement is a notable change from a public dispute two years ago.

The potential class action lawsuit filed Thursday in federal court is at least the fourth in various parts of the country.

September sales rose 3.9 percent — a slowdown from the 6-percent rise in August.

BioSante Pharmaceuticals said Thursday it will merge with ANI Pharmaceuticals in an all-stock deal worth about $94 million.