Kevin J. Martin’s recommendation is a strong statement in favor of network neutrality, the idea that Internet access providers should not be allowed to favor some uses of their networks over others.

Apple suffered massive network gridlock Friday morning as the first buyers of the iPhone 3G tried to activate their purchases.

Worries about the prospects for Fannie Mae and Freddie Mac and a run-up in energy prices to record highs combined to make for a rocky day on Wall Street.

Apple suffered massive network gridlock Friday morning as users of the original iPhone tried to upgrade to new software as the first buyers of the iPhone 3G tried to activate their purchases.

The brewers are said to be in friendly talks as InBev has raised its offer to $70 a share from $65.

The results were in line with Wall Street expectations, reassuring investors who feared a repeat of the earnings disappointment that sent General Electric shares tumbling in April.

When free airline tickets aren’t really free, hotel rooms may be a better bet.

Thanks largely to the declining dollar, the nation’s trade gap decreased to $59.8 billion in May, down 1.2 percent from April and the best showing since March.

Anheuser-Busch is said to be in friendly talks to sell itself to the Belgian brewer InBev, which raised its offer to $70 a share from $65.

Even after a week of unprecedented losses, the companies’ declines on Friday were the sharpest yet, as concern grew over a government takeover.