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• Apparel retailer Gap Inc. reports fourth-quarter earnings after the bell today. Analysts expect earnings of 24 cents, according to a poll by Thomson Financial. Investors are hoping the troubled retailer will offer some hope that a turnaround is possible. Kimberly Greenberger, retail analyst at Citigroup, and Gabrielle Kivitz, retail analyst at Deutsche Bank Securities, spoke with CNBC's Bill Griffeth this afternoon on Gap’s strategy.
  
• Chairman and CEO of Loews Hotels, Jonathan Tisch, is a global leader in the travel and tourism industry—one of the world’s largest and fastest-growing sectors. And in "Chocolates on the Pillow Aren’t Enough," he distills some important lessons he’s learned during his career.
  
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• Mother Nature was good to Warren Buffett in 2006.Berkshire Hathaway reported higher full-year profit Thursday, helped by gains in its core insurance operations -- a welcome relief from two years of billion-dollar payouts for hurricane claims.
  
• Tuesday's global market hiccup was a "great opportunity" for smart investors, according to Edward Shadek. The deputy head of investments at Putnam, and Dan Genter, CEO of RNC Genter Capital Management, advised CNBC's Sue Herera how to ride the volatility roller-coaster.
  
• In the split second that his mother let go of his hand, a 22-month-old boy scampered onto a subway train as it pulled away. A good Samaritan took him off at the next stop and returned him to his mother.
  
• Talk about supersize: After  creating a hamburger that weighed over 100 pounds, a Pennsylvania restaurant decided its customers were hungry for few pounds more.
  
• Anna Nicole Smith’s body was being brought Friday to an airport for a flight to the Bahamas for her funeral, after weeks of legal wrangling over where the pinup should be buried.
  
• Bacteria linked to contaminated peanut butter that has sickened hundreds of people has been traced to a plant owned by ConAgra Foods, where it was made, U.S. health regulators said on Thursday.
  
• New York Senator and presidential candidate Hillary Clinton told CNBC that this week's market turmoil "should be a real wake-up call  for our country" on its foreign debt and fiscal policy.
  
• The rate of U.S. home price appreciation steadied in the fourth quarter, extending a trend of deceleration that began earlier in 2006, the U.S. Office of  Federal Housing Enterprise Oversight reported on Thursday.
  
• Disney said it was planning two big expansions to its Walt Disney World theme park in Florida, including a 900-acre luxury resort and a commercial district outside the gateway entrance.
  
• The Insurance Institute for Highway Safety has found that most bumpers on midsize cars do little to prevent costly damage to vehicles, even in low-speed crashes of up to 6 miles per hour.
  
• MSNBC's photo of the week: Where was this photo taken?
  
• MSNBC's photo of the week: Where was this photo taken?
  
• President Bush's coordinator for the Gulf Coast recovery says Hurricane Katrina's damage was so vast that it's hard to estimate when the recovery will be completed.
  
• Democrats are considering cutting President Bush's budget $142 billion request for military operations in Iraq and Afghanistan next year by $20 billion, Senate Budget Committee Chairman Kent Conrad said Thursday.
  
• European airplane maker Airbus has temporarily suspended work on the cargo version of its A380 plane, a spokesman for parent company EADS said today, confirming a newspaper report.
  
• U.S. Treasury Secretary Henry Paulson said Thursday that China ismoving too slowly to overhaul its currency system and to crack down on copyright piracy, two factors that American businesses blame for the soaring trade deficit with China.
  
• A plant that would convert sewage sludge to compost may be built outside the desert town of Hinkley, whose troubles from pollution were made famous by the movie "Erin Brockovich."
  
• The Securities and Exchange Commission accused 14 individuals--including employees at two big brokerage firms--of insider trading, claiming they used tip-offs of upcoming analyst upgrades or corporate acquisitions that netted at least $15 million.
  
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• Sin pays. You can invest in good corporate citizens and go nowhere, or you can get down with alcohol, tobacco and firearms to really make some money. Don’t believe us? Here’s proof.
  
• Sure, Ben Bernanke is the current Federal Reserve chairman -- but after Tuesday's market spasm, everyone seems to be talking about Alan Greenspan and his use of "the 'R' word." But does that mean the ex-Fed chief needs to watch his mouth? Two economists took on the question of free speech versus accountability, in "Morning Call."
  
• Presidential candidates may return contributions solicited for the general election campaign and accept public financing with its stricter limitations, the Federal Election Commission ruled Thursday.
  
• The Bush administration has filed charges against David Hicks, an Australian citizen suspected of aiding the Taliban in Afghanistan and the first terrorism-war era detainee to be charged by the Pentagon under new rules for military commissions.
  
• The automaker said that it would not be able to file the 2006 financial report by the initial deadline of Thursday without "unreasonable effort or expense."
  
• The latest consumer reports auto reliability survey is out, and the news is not good for Mercedes. The German made premium brand ranked dead last among 36 automakers. That was not a typo. Mercedes finished at the bottom of the latest survey on reliability. Consumer Reports compiled the results after surveying more than a million car owners and asking them to rate their cars/trucks and suv's.
  
• The Internet server and security company had previously said it would have to restate its financial records for 2002 to 2005 and for the first quarter of 2006 to record additional noncash, stock-based compensation expenses.
  
• The Virginian-Pilot reviewed Cramer's recent Back to School Tour stop at the Darden School of Business at the University of Virginia, saying, "If a U.Va. professor had suggested a lesson on how to compare and contrast stocks, he might have seen heads silently nodding acceptance. Instead, Cramer received a pep rally." Read the full article here.
  
• This week's turmoil in the global markets has put the spotlight on arcane investment practice known as carry trade.Though a buzz word in investment circles, carry trades actually play an important role in global financing and markets.
  
• CNBC's Liz Claman Interview with Warren Buffett
  
• Two investment gurus tell CNBC's Mark Haines that the unwinding of the carry trade and concerns about emerging markets may be spooking markets, but the fundamentals remain strong.
  
• Nortel Networks, North America's biggest maker of telephone equipment, surprised investors with yet another restatemen