Little Caesers turns 50

Gov. Jennifer Granholm declared the day as Little Caesars Day in Michigan.

EU-China trade talks end

Both the European bloc and China called the talks productive, The EU Observer reported.

Cocaine, drug use, drops among workforce

The annual Quest Diagnostics Drug Testing Index, compiled by Quest Diagnostics, was on 5.7 million urine samples, cocaine use in the U.S. workforce dropped 29 percent last year compared to 2007. Methamphetamine use dropped 21 percent, but amphetamine use increased 12 percent.

Crude oil prices rise Friday

The Labor Department said productivity rose nominally, up 0.8 percent in the first quarter, but only because hours worked fell faster than factory output. Manufacturing productivity for durable goods declined 10 percent during the quarter.

U.S. markets climb Friday

The Labor Department said the nation has lost 5.7 million jobs since the recession began in December 2007. Manufacturing lost 149,000 jobs in April. Construction lost 110,000.

Grains mostly higher Friday

Corn was up 4 to up 4 1/2, soybeans were off 9 to off 16, wheat was up 19 3/4 to up 21 1/2 and oats were up 8 3/4 to up 10.

U.S. markets climb Friday

The Labor Department said the nation has lost 5.7 million jobs since the recession began in December 2007. Manufacturing lost 149,000 jobs in April. Construction lost 110,000.

Chrysler creditors back down on breakup

It got to the point where it was the collective decision that there was insufficient critical mass to make this fight, attorney Glenn Kurtz of White & Case said, CNNMoney.com reported Friday.

Fannie Mae posts $19B shortfall

The government's agreement with Fannie Mae, when it seized the company in September, included a transfer of funds to make up for any shortfalls, The Washington Post reported Friday.

Two banks overcome stress test demands

Wells Fargo & Co. raised $7.5 billion selling common stock Friday after the Treasury Department said Thursday it would need to raise $6 billion and Morgan Stanley raised $7.5 billion, selling stocks and bonds, The New York Times reported Friday.