IBT Staff Reporter

British satellite broadcaster BSkyB, part of Rupert Murdoch's UK media business, is facing an escalating investigation into whether it is a fit and proper owner of a broadcasting licence, Britain's telecoms regulator said on Thursday.

Mar 08, 2012

Wall Street companies hired an extra 4,900 workers from January 2011 to January 2012, the New York Department of Labor said on Thursday in revised data that countered expectations of job losses in the securities industry.

Mar 08, 2012

Proview Technology, which is battling Apple over the iPad trademark in China, has asked Chinese distributors to stop selling the popular tablet PC after the U.S. technology giant launched the latest version of its iPad.

Mar 08, 2012

Pininfarina and Bertone put new supercar concepts on display at the Geneva Auto Show, demonstrating that the two design houses are putting their financial troubles behind them, executives said.

Mar 08, 2012

President Barack Obama summons the image of a scrappy auto worker or high-tech engineer when he calls for expanding a major corporate tax break for manufacturing, but he might just as well evoke the coffee-shop barista or the cable guy.

Mar 08, 2012

Securities regulators charged a former Coca-Cola Enterprises executive on Thursday with insider-trading, saying his illegal trades helped him reap $86,850 in illicit profits.

Mar 08, 2012

Families took on more debt in late 2011 for the first time in 3-1/2 years but a rise in after-tax incomes left consumers in better shape to spend.

Mar 08, 2012

Apple Inc, the biggest U.S. company by market value, was told it cannot now pursue ongoing patent infringement litigation against bankrupt photography giant Eastman Kodak Co.

Mar 08, 2012

Stocks rose on Thursday, recovering most of the week's losses, after Greece moved closer to a bond swap with private creditors to avoid a messy default.

Mar 08, 2012

For U.S. consumer electronics chains Best Buy and RadioShack , selling Apple products is at best a bittersweet experience.

Mar 08, 2012

Convicted swindler Allen Stanford should forfeit some $330 million stashed in foreign bank accounts, a jury found on Thursday.

Mar 08, 2012

Greece closed a bond swap offer to private creditors on Thursday after clearing the minimum threshold of acceptance to push the deal through, moving closer to unlocking funds it needs to avoid a dangerous debt default.

Mar 08, 2012

The number of Americans filing for jobless benefits unexpectedly rose last week, but not enough to change perceptions that the labor market was strengthening.

Mar 08, 2012

The U.S. Justice Department has warned Apple and five major U.S. publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, a person familiar with the probe said on Thursday.

Mar 08, 2012

Stocks rose on Thursday as Greece moved closer to concluding a bond swap with private creditors that is needed to avoid a messy default.

Mar 08, 2012

The Justice Department has warned Apple and five major publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, a person familiar with the probe said on Thursday.

Mar 08, 2012

The Senate could vote as early as Thursday on a plan to take quick action on the Keystone XL crude oil pipeline, a bid that will likely be defeated by Democrats but that gives its Republican supporters an opening to criticize President Barack Obama's energy policies.

Mar 08, 2012

The Senate could vote as early as Thursday on a plan to fast-track the Keystone XL crude oil pipeline, a bid that is unlikely to attract enough Democratic support to pass but will give its Republican supporters an opening to criticize President Barack Obama's energy policies.

Mar 08, 2012

Stocks rose on Thursday as Greece moved closer to concluding a bond swap with private creditors that is needed to stave off a messy default.

Mar 08, 2012

Greece moved closer to wrapping up its bond swap with private investors on Thursday, indicating that it had already cleared a vital threshold needed to pass a deal which will hand bondholders steep cuts in the value of their investments.

Mar 08, 2012

Stocks extended their gains on Thursday, with the Nasdaq up 1 percent as Greece moved closer to concluding a bond swap with private creditors that is needed to prevent a messy default.

Mar 08, 2012

In turning one of its best-known hackers into an informant and breaking open the highest profile elements of the Anonymous movement, authorities have dealt a serious blow to a group they found a growing irritant.

Mar 08, 2012

Hedge fund manager Philip Falcone started 2012 with a series of setbacks, but there is one thing he can still count on this year: membership in the hyper-exclusive club of the world's richest people.

Mar 08, 2012

In turning one of its best-known hackers into an informant and breaking open the highest profile elements of the Anonymous movement, authorities have dealt a serious blow to a group they found a growing irritant.

Mar 08, 2012

Exxon Mobil Corp said on Thursday its 2012 oil and natural gas output would drop 3 percent from last year even as it increases spending to bring several large new projects on line, pushing its shares lower.

Mar 08, 2012

The European Central Bank signaled its policy course was slowly turning on Thursday, delivering a surprise warning on inflation and calling governments and banks to build on its recent blitz of radical support measures to foster a full crisis recovery.

Mar 08, 2012

Williams-Sonoma Inc issued a disappointing earnings forecast and announced the retirement of Sharon McCollam, who served as both chief financial officer and chief operating officer.

Mar 08, 2012

New claims for unemployment benefits unexpectedly rose last week, a government report showed on Thursday, but not enough to change perceptions that the labor market was strengthening.

Mar 08, 2012

Wall Street opened higher on Thursday as strong uptake by investors in Greece's debt swap fed optimism a deal could be completed by a deadline later in the day, staving off a messy default.

Mar 08, 2012