IBT Staff Reporter

Amazon.com Inc and Indiana Governor Mitch Daniels unveiled an agreement on Monday that may mean that the world's largest Internet retailer starts collecting sales tax in the state in 2014.

Apple Inc CEO Tim Cook took in almost $1 million of cash compensation in 2011 but also received a million restricted shares that, when they vest in 2016 and 2021, could net the head of the world's largest consumer electronics firm hundreds of millions of dollars.

Internet domain name regulators on Monday played down fears by the United Nations and other international bodies that a planned expansion of possible Website addresses could cause them problems, saying safeguards were in place.

The final result for 2011 is in: hedge funds posted one of their worst annual performances ever, according to data released on Monday.

Honda Motor Co <7267.T> is looking to put a year of unprecedented difficulties behind it and boost sales in the United States, its biggest market, by a quarter in 2012, executives said on Monday.

Walgreen Co is going through the worst part of not being in Express Scripts Inc's network and, while the transition is difficult now, the drugstore should rebound as the year progresses, its top pharmacy executive said on Monday.

Alcoa Inc , the largest U.S. aluminum producer, posted a fourth-quarter loss on Monday but gave a positive outlook for metal demand in the aerospace, construction and other industries, lifting its stock price in after-hours trading.

French bank Societe Generale is forecasting a significant drop in 2012 investment-bank revenue compared with 2011, weighed by higher funding costs and efforts to slash its balance sheet, according to an internal memo obtained by Reuters on Monday.

Alcoa Inc said on Monday it plans to close its Portovesme, Italy, smelter and slash output at two Spanish smelters as the U.S. aluminum producer takes aim at its high-cost European operations.

Samsung Electronics Co, the world's biggest TV manufacturer, expects the global television market to grow around 7 to 8 percent this year, and aims to grow at double that rate with a company sales target of around 50 million sets.

Stocks ended slightly higher on Monday in a light-volume session as investors stayed cautious ahead of corporate earnings and key auctions for European debt this week.

Research In Motion showed off a major update to the QNX-based software running its poor-selling PlayBook tablet and unveiled minor improvements to its legacy BlackBerry phone software at the Consumer Electronics Show on Monday.

AT&T Inc announced plans to launch seven new smartphones and a tablet computer early this year for a new wireless network it is building as it looks to catch up with bigger rival Verizon Wireless in high-speed wireless services.

Deutsche Telekom is overhauling its strategy for its U.S. wireless unit after AT&T last month dropped its planned $39 billion takeover of the unit, a person familiar with the strategy planning said on Monday.

Morgan Stanley has promoted Eric Grossman to chief legal officer as the current legal chief, Frank Barron, plans for retirement at mid-year, according to an internal memo viewed by Reuters.

Angry Birds and Facebook were the most downloaded iPhone apps of 2011, according to Apple, but some less predictable apps also made their lists.

Stocks ended slightly higher on Monday in a light-volume session as investors stayed cautious ahead of corporate earnings and key auctions for European debt this week.

Consumer credit surged in November by the most since October 2001, rising 10.0 percent on higher credit card debt and more student loans doled out by the government, a Federal Reserve report showed on Monday.

AMR Corp , the bankrupt parent of American Airlines, on Monday said it would cut service between Chicago and New Delhi and between Dallas/Fort Worth and Burbank, California, a move that will eliminate 150 jobs.

Stocks ended slightly higher on Monday in a light-volume session as investors stayed cautious ahead of corporate earnings and key auctions for European debt this week.

AMR Corp , the bankrupt parent of American Airlines, on Monday said it would cut service between Chicago and New Delhi and between Dallas/Fort Worth and Burbank, California, a move that will eliminate 150 jobs.

Shares of Google Inc fell nearly 4 percent on Monday, after Motorola Mobility Holdings Inc's warning of worse-than-expected financial results raised concerns about Google's pending acquisition of the smartphone maker.

Brocade Communications System Inc has received first-round bids from a handful of potential buyers as the company explores a sale, sources familiar with the matter said.

Silver for March delivery, the most actively traded contract on the Comex, was up 25 cents to $28.93 and spot silver was up 10 cents to $28.85.

Here is an overview of Ron Paul's economic plan, including his proposals on job creation, taxes, entitlement programs and health care reform.

The world's biggest food group Nestle has launched an online program inviting pet owners to team up with their furry friends to lose weight.

GameStop Corp said holiday sales increased slightly as sales of new video game software from PlayStation 3 and Xbox 360 titles such as Call of Duty 3 and Elder Scrolls V offset a 20 percent drop in hardware sales.

Stocks edged higher on Monday as investors showed caution ahead of corporate earnings and key auctions for European debt this week.

Whitney Tilson told CNBC that he expected the stock of the Los Gatos, Calif.-based company to continue on its upward trajectory, and he also said Netflix is in prime position for a takeover.