IBT Staff Reporter

President Barack Obama and congressional Democrats are laying a political trap for Republicans to be sprung on Monday when the U.S. Senate is slated to vote on the proposed Buffett Rule, which would slap a minimum tax on the highest-income Americans.

The U.S.-Colombia free trade agreement will enter into force next month, far earlier than expected, as a result of what the Obama administration called historic progress for Colombian worker protections and human rights.

The world's top copper producer, Chile's Codelco bought copper from outside sources earlier this year to meet its deliveries to customers, the Financial Times reported on Sunday.

The principles of openness and universal access that underpinned the Internet's creation are facing their greatest-ever threat, the co-founder of Google Sergey Brin said in an interview published by Britain's Guardian newspaper on Monday.

South Korea's central bank on Monday trimmed its forecast for economic growth in Asia's fourth-largest economy this year due to a global downturn and weak domestic demand.

Gu Kailai and Bo Xilai, an elite power couple in China, are at the center of a shocking political scandal involving the death of a British national.

Would you bulletproof a Kia? If you live in Brazil, the answer could very well be yes - to guard against robbers at stop signs in Sao Paulo or traffic jams in Brasilia.

After suffering their worst two weeks of the year, stocks will look to quarterly earnings to determine whether the recent pullback has been exhausted or more losses are justified.

After suffering their worst two weeks of the year, stocks will look to quarterly earnings to determine whether the recent pullback has been exhausted or more losses are justified.

The U.S. Treasury Department said on Sunday that a wider yuan trading band could help reduce global trade imbalances if it allows more play for market forces.

Swiss bank Credit Suisse could announce the loss of up to 5,000 jobs in its investment banking business at its forthcoming first-quarter results, a Swiss newspaper reported on Sunday.

China's weekend reform of its currency regime nails shut the coffin on the last remains of doubt about whether the world's second biggest economy has successfully steered a course past a hard economic landing.

Vornado Realty Trust , facing criticism from investors over its lackluster share price, said it is mulling an array of options including selling its stake in Toys R Us, buying back shares, and even breaking up the real estate investment trust.

Lockheed Martin Corp on Friday won a $259 million contract adding two more F-35 fighter jets to a fifth batch of jets being purchased by the U.S. military, boosting the size of that order to 32 jets, the Pentagon and Lockheed officials said.

Tensions among some of the world's leading economies have boiled up over a plan to raise new resources for the International Monetary Fund to contain the euro zone debt crisis, and a quest by emerging economies to win more say in the global lender.

An unusual stock split designed to preserve Google Inc founders' control of the Web search leader raised questions and some grumbling on Wall Street, even as investors focused on the company's short-term business concerns.

After suffering their worst two weeks of the year, stocks will look to quarterly earnings to determine whether the recent pullback has been exhausted or more losses are justified.

In order to regain Wall Street's confidence, Best Buy Co Inc will likely have to pick an outsider to run the world's largest consumer electronics retailer for the first time in its 46-year history.

Apple Inc has rejected the U.S. Justice Department's allegations that it colluded with publishers over electronic book pricing, calling the charges simply not true.

Google Inc shares tumbled 4 percent on Friday as Wall Street ignored the Internet search giant's plans to split its stock and focused on a decline in advertising rates and other worrisome business trends.

Not everyone is happy with the campaign being waged against AOL Inc by activist hedge fund Starboard Value -- namely some of the other top shareholders of the fallen Internet icon.

Hundreds of legacy Bank of America brokers may form the next wave of departures from Merrill Lynch after many recently pocketed their retention bonuses, recruiters and former brokers say.

Tensions among some of the world's leading economies are on a boil over a plan to raise new resources for the International Monetary Fund to contain the euro zone debt crisis and a quest by emerging economies to win more say in the global lender.

U.S. stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China growth data sparked worries the global recovery was flagging.

Less than four months after new technology company SocialFlow Inc moved from the fashionable digs it shared with six other firms in Manhattan's chic Meatpacking District, it is again looking for more office space.

Stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China growth data sparked worries the global recovery was flagging.

A U.S. judge on Friday came up short trying to find anyone to take possession of more than 1,100 computer servers that were used by Megaupload, the now-shuttered online service that has been charged with massive copyright infringement.

Goldman Sachs Group Inc Chief Executive Lloyd Blankfein's compensation increased 14.5 percent to $16.2 million in 2011 despite a sharp decline in profits and share price during the year, leaving the bank open to more attacks on its pay policies.

Five years ago, Justin Edmund arrived at Carnegie Mellon University, a floppy-haired freshman, with artistic talent and dreams of joining a venerable design firm like IDEO or Frog. But during his sophomore year, a recruiting pitch from a Facebook employee turned his head, and prompted a detour of his ambitions.