Reuters - Ford Motor Co posted a $8.7 billion quarterly loss on Thursday as it wrote down the value of truck and SUV operations and cautioned that it did not expect to see a U.S. economic turnaround until 2010.

Reuters - Dow Chemical Co posted second-quarter earnings that fell short of market expectations as its price increases did not completely offset a sharp spike in energy and raw material costs.

Reuters - Nokia (NOK1V.HE), the world's top cellphone maker, has ended three years of legal battles with wireless chip developer Qualcomm and signed a patent agreement that boosted both companies' shares.

Reuters - Stock extended losses on Thursday following a report that showed a steeper-than-expected drop in existing-home sales in June, heightening concern about the impact of the housing slump on economic growth.

Reuters - A majority of members of the Federal Communications Commission have reached an agreement to conditionally approve Sirius Satellite Radio Inc's purchase of XM Satellite Radio Holdings Inc , a source familiar with the agency review said on Thursday.

AP - The number of newly laid off people filing claims for unemployment benefits bolted past 400,000 last week as companies trimmed their work forces to cope with a slowing economy and fallout from a collapsed housing market.

AP - Facebook Inc. is introducing more tools to help the software applications fueling the online hangout's popularity and is promising to intensify its efforts to weed out programs that violate its rules for protecting users' privacy.

AFP - Facebook founder Mark Zuckerberg painted a vision of an Internet future with the website in its soul to a faithful throng of software developers at the Internet firm's annual "F8" conference..