Business

Washington -- The Democratically controlled U.S. House of Representatives Friday passed wide-ranging regulatory reforms meant to prevent another financial meltdown.

Chicago -- Prices were higher at the close Friday on the Chicago Board of Trade, overcoming early morning jitters.

New York -- Crude-oil futures fell Friday for an eighth straight session, the longest losing streak in more than six years.

Wilmington, Del. -- Apple Inc. alleged Friday in a U.S. District Court of Delaware filing that Finland's Nokia communications corporation infringed on 13 Apple patents.

New York -- Time magazine is to announce its 2009 Person of the Year on the U.S. morning program "Today," NBC announced Friday.

New York, December 11 -- In the wake of the new stringent curbs imposed by the government on executive pay being given to the Wall Street firms, financial sector behemoth Goldman Sachs Group Inc (NYSE: GS) has decided not to pay the conventional year-end bonuses to 30 top executives this year.

Washington -- Only 4 percent of homeowners involved in trial mortgage modifications have been accepted for permanent help, U.S. Treasury officials reported Thursday.

New York -- SIRIUS XM Radio has announced plans for Snoop Dogg Nation, a weeklong channel featuring the music of, interviews with and specials about the U.S. hip-hop icon.