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SAN FRANCISCO/BEIJING (Reuters) - In a revised version of an interview published Thursday in a Chinese newspaper, Apple Inc marketing chief Phil Schiller said the company would focus on making "the best products" for customers and "never blindly pursue market share". On Thursday, the Shanghai Evening News had originally …

NEW YORK (Reuters) - The biggest weekly inflow into U.S.-based equities mutual funds in more than 11 years could be a sign that stocks are coming back into favor for a broad swath of investors after lawmakers avoided the fiscal cliff, some top money managers said. "We are at an inflection point where, especially in the …

(Reuters) - Bank of America Corp directors have reached a $62.5 million settlement to resolve investor claims over the bank's acquisition of Merrill Lynch & Co, a person familiar with the matter said, after a federal judge expressed reservations about an earlier version of the accord. U.S. District Judge Kevin Castel in …

NEW YORK (Reuters) - American International Group Inc has filed a lawsuit against a vehicle created by the Federal Reserve Bank of New York to help bail out the insurer, in a bid to preserve its right to sue Bank of America Corp and other issuers of mortgage debt that went sour. The complaint filed in the New York State …

WASHINGTON/NEW YORK (Reuters) - The U.S. government ordered a wide-ranging review of Boeing's latest passenger jet, the 787 Dreamliner, citing concern over a fire and other recent problems but insisting the plane was still safe to fly. It was unclear how long the review will take or how much it will ultimately cost Boeing, …

MANILA (Reuters) - The FBI has sent agents to Manila in a widening of its investigation into millions of dollars of payments made by Japan's Universal Entertainment Corp to a politically connected consultant in relation to its casino project in the Philippines, sources with knowledge of the matter said. Agents from the …

NEW YORK (Reuters) - Stocks ended little changed on Friday as investors took a step back from buying ahead of next week's busy corporate earnings calendar. Overall earnings are expected to grow by just 1.9 percent in this season, according to Thomson Reuters data. Analysts say that, with the bar low, there's room for companies …

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street. The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal …

DETROIT (Reuters) - This year's Detroit auto show, which opens next week, has a decidedly "green" theme. Green as in the color of money, that is. An aura of luxury pervades many of the show's new models as automakers from Europe, Asia and the Motor City itself strive to bring more affluent consumers into showrooms. Whether …

TORONTO (Reuters) - Shares of Research In Motion rallied on Friday as investors positioned themselves ahead of the launch of its new make-or-break BlackBerry 10 smartphones at the end of the month. Morningstar analyst Brian Colello did not see any one news story driving the stock, which climbed steadily through much of …

(Reuters) - Flowers Foods Inc on Friday said it has agreed to buy Wonder and other well-known bread brands from Hostess Brands Inc for $390 million, as part of the latter company's bankruptcy reorganization. The Thomasville, Georgia-based company said it agreed to pay $360 million for the Wonder, Butternut, Home Pride, …

(Reuters) - Wells Fargo & Co on Friday said fourth-quarter profit rose 24 percent to a record high as the bank set aside less money to cover bad loans and made more fees from mortgages. But lending margins declined and the bank made fewer mortgage loans than in the third quarter, and its shares closed down 0.8 percent at …

KUALA LUMPUR (Reuters) - Hong Leong Financial Group Bhd , a Malaysian lender controlled by the country's six richest man Quek Leng Chan, is expected to try and take its 79 percent owned investment banking arm Hong Leong Capital Bhd private to streamline its assets, according to a source familiar with the matter. The deal …

(Reuters) - Wal-Mart Stores Inc is replacing the chief of its Latin American unit, who had run the retailer's business in Mexico when the company reportedly began a probe into bribery allegations in the country. Eduardo Solorzano will step down as president and chief executive of the unit, and will be succeeded by Enrique …

MILAN (Reuters) - Milan's menswear fashion week started on Saturday amid concerns over the economy and also the fate of Vittorio Missoni, one of Italy's best-known clothes executives, whose plane disappeared off Venezuela a week ago. Italy's luxury goods industry is set to continue to outperform other sectors this year, …

PARIS/DETROIT (Reuters) - The U.S. car market's rebound may be slowing - but it still looks like the best bet to many of the global industry's top brass as they converge on Detroit for the 2013 auto show. With Europe in a protracted meltdown and some emerging markets flagging, the United States will increase its share of …

CALGARY, Alberta (Reuters) - Enbridge Inc wants to change how users of its Canada-United States oil pipeline network approach day-to-day operations - from delivering oil at one end to receiving it at the other - so the industry can cope with several more months of tight capacity. Overbooked pipelines on Enbridge's two-million-barrel-a-day …

NEW YORK (Reuters) - Boeing Co made a revised offer to the union representing its 23,000 engineering employees on Friday. The improved offer came on the same day the U.S. government ordered a review of the firm's 787 Dreamliner following a string of mechanical and electrical problems. Boeing and the union are meeting this …