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Business Highlights

The rebuke is meant to resolve allegations that Google duped millions of Web surfers who use the Safari browser into believing their online activities couldn't be tracked by the company as long as they didn't change the browser's privacy settings. That assurance was posted on Google's website earlier this year, even as the Internet search leader was inserting computer coding that bypassed Safari's automatic settings and enabled the company to peer into the online lives of the browser's users.

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IKEA regrets use of forced labor in East Germany

BERLIN (AP) â¿¿ Swedish furniture giant IKEA expressed regret Friday that it benefited from the use of forced prison labor by some of its suppliers in communist East Germany more than two decades ago.

The company released an independent report showing that East German prisoners, among them many political dissidents, were involved in the manufacture of goods supplied to IKEA between 25 and 30 years ago.

The report concluded that IKEA managers were aware of the possibility that prisoners were used in the manufacture of its products and took some measures to prevent it, but they were insufficient.

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Nike to sell Cole Haan brand for $570 million

BEAVERTON, Ore. (AP) â¿¿ Nike is selling its Cole Haan brand to private equity firm Apax Partners for $570 million, part of its effort to focus on core brands.

The sneakers, clothing and sports gear maker said in May that it wanted to sell the leather shoe and bag division and its Umbro soccer jersey brand to cut costs.

Nike is focusing on its namesake brand, Jordan, Converse and Hurley.

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By The Associated Press(equals)

The Dow Jones industrial average closed up 45.93 points, or 0.4 percent, at 12,588.31. The Standard & Poor's 500 index rose 6.55 points, or 0.5 percent, to 1,359.88 and the Nasdaq rose 16.19 points, or 0.6 percent to 2,853.13.

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