British Airways on Friday reported further declines in passenger traffic in June as consumers continued to shun business-class travel in particular, and said it will further reduce capacity and defer the delivery of 12 Airbus 380s on order to try to reduce the impact of the crisis on its bottom line.



State-run China Investment Corp. reaches deal to buy a 17% stake in the Canadian miner Teck Resources for $1.5 billion.



General Motors on Friday that it’s received a proposal from China’s Beijing Automotive for its European Adam Opel unit.



U.S. stock analysts generally agree the upcoming second-quarter earnings season will be bleak. But they’re at odds over whether dreary outlooks will lead to upsets to the upside or whether the market has set itself up for a fall.



A friend of mine asked me about homesteading as a way to keep credit-card companies and other creditors from placing liens against someone’s home.



Dollar edges higher against its major counterparts Friday.


