IBT Staff Reporter

The receivers for bankrupt car maker Saab are talking with several bidders and would like to sell the Swedish company as a whole, but there have been no formal bids yet, they said on Saturday.

New Zealand police on Saturday revealed bizarre details of the arrest of the suspected kingpin of an Internet copyright theft case against the James Bond-like backdrop of a country mansion hideaway with electronic locks, a safe room and a pink Cadillac.

The representatives of Greece's private creditors left Athens unexpectedly on Saturday without a deal on a debt-swap plan that is vital to avert a disorderly default, sources close to the negotiations told Reuters. Negotiations will continue over the phone during the weekend.

Japan's Sony Corp. will transfer domestic construction of lithium-ion batteries used in products such as mobile phones and electric cars overseas by March 2014, as it works to overcome the strong yen, the Asahi newspaper reported on Saturday.

Japan's Sony Corp will transfer domestic construction of lithium ion batteries used in products like mobile phones and electric cars overseas by March 2014, as it works to overcome the strong yen, the Asahi newspaper reported on Saturday.

Greece and its creditors are continuing negotiations on a debt swap on Saturday after late-night talks edged them closer to a vital deal but failed to clinch an agreement.

New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of luxury cars, artwork and other goods.

New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of cars, artwork and other goods.

Lawmakers stopped anti-piracy legislation in its tracks on Friday, delivering a stunning win for Internet companies that staged an unprecedented online protest this week to kill the previously fast-moving bills.

Digital storage services like Megaupload, which was accused of criminal copyright violations on Thursday, play a small but growing role in a broader piracy problem that continues to evolve and dog the entertainment industry.

Stocks rising, bulls rampant are motifs you might pick if designing a coat of arms for Wall Street at the moment. But the motto should read: Caveat emptor. Yes, buyer beware.

Voting on much debated SOPA and PIPA bills could be delayed in the light of recent events.

Group of 20 nations agreed to push Europe to take extra steps to resolve the debt crisis on Friday as they inch toward a deal to boost the International Monetary Fund's firepower.

Walt Disney Co Chief Executive Bob Iger's compensation rose 13 percent in fiscal 2011, boosted by an increase in his annual cash bonus and incentive plan, according to a company filing with the U.S. Securities and Exchange Commission.

While IBM's rivals have suffered through earnings misses, massive executive upheaval or seismic strategic shifts, Big Blue has been the technology world's most consistently performing company since narrowly avoiding bankruptcy 19 years ago.

Chevron Corp has filed an appeal with Ecuador's Supreme Court to review a judgment that the U.S. oil company pay $18 billion in damages for polluting the Amazon jungle.

Stocks Rising, Bulls Rampant are motifs you might pick while designing a coat of arms for Wall Street at the moment. But its motto should read: Caveat Emptor. Yes, buyer beware.

LOS ANGELES - Netflix Inc will kick off an external search for a chief marketing officer in coming months, replacing Leslie Kilgore, who ends her 12-year run in February to join the board as a non-executive director.

Activist hedge fund MMI Investments LP, which had taken positions in several technology and defense companies and successfully pushed for deals in some cases, is winding down, people familiar with the matter said.

Payday lenders facing oversight from the new consumer protection agency are warning that tough regulations may push customers into the arms of unscrupulous online lenders, in a pitch for lighter, or at least equal, new rules.

Amazon.com Inc is setting up its first fulfillment center in India as the world's largest Internet retailer tries to break into the world's second most-populous nation.

Lobbying spending by the largest business group plunged in 2011 by more than half from a year earlier in a reflection of gridlock in Congress and the calm before a major campaign year, records show.

Hedge fund manager Philip Falcone is looking at the possibility of selling some wireless assets to raise cash for his financially strapped telecom start-up LightSquared Inc, sources familiar with the matter said on Friday.

General Motors Co regained its title as the world's top-selling automaker in 2011, less than three years after its 2009 taxpayer-funded bankruptcy under the Obama administration.

The government on Friday closed its investigation of Chevy Volt battery fires, concluding that there is no defect trend and that electric cars do not pose a greater risk of fire than gasoline-powered vehicles.

The U.S. government on Friday closed its investigation of Chevy Volt battery fires, concluding that there is no defect trend and that electric cars do not pose a greater risk of fire than gasoline-powered vehicles.

Stocks posted their best week since Christmas, even with a mixed finish on Friday after strong earnings from tech bellwethers IBM and Intel contrasted with Google's disappointing report.

In the summer of 2007, Apple's Steve Jobs received a note from then-Palm chief executive Ed Colligan, according to correspondence revealed in a lawsuit over employee poaching.

Morgan Stanley CEO James Gorman was awarded a $10.5 million bonus for 2011, down 25 percent from the previous year, according to a source familiar with the matter.