The Food and Drug Administration said Friday that it had detained orange juice shipments from Canada after they tested positive for low levels of a banned fungicide previously found in Brazilian juice. The FDA announced earlier this month that it would begin testing foreign orange juice shipments for the presence of the fungicide carbendazim before allowing them to enter the country. On Friday, the agency said that among 80 shipments from around the world it tested so far, six from Canada and five from Brazil had tested positive. The samples that have tested positive so far had carbendazim levels of between 10 and 52 parts per billion. The Environmental Protection Agency says carbendazim levels under 80 parts per billion do not raise safety concerns.

Fitch downgraded the sovereign debt ratings Friday of five European countries, with Italy and Spain taking the biggest hit.

It is every parents' dream that their children enjoy a better life than they have. I am not sure if that's also true for parent companies and their offspring.

The private equity world is struggling to stay in the shadows.

Exactly how much is Mitt Romney worth? Hard to say.

Starbucks chief executive officer Howard Schultz was paid more than $65 million in fiscal year 2011, including salary, bonuses and stock options.

U.S. stocks were mostly lower Friday as jittery investors digested a weaker-than-expected economic growth report and as Europe's debt crisis still loomed in the background.

The United States economy picked up speed at the end of 2011 as businesses substantially built up their inventories and consumers increased their spending.