IBT Staff Reporter

Soul singer Etta James, who is terminally ill with leukemia, has been taken off a respirator and is breathing on her own again, her friend and manager said on Friday.

A rash of arson fires in Los Angeles that has seen more than 30 cars torched in recent days had authorities on the lookout for at least one suspect on Saturday, amid fears more blazes could result in serious injury.

The euro could become the world's leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration, European Central Bank policymaker Christian Noyer said in an article to be published in the Journal du Dimanche.

Switzerland and the United States need more time to negotiate a tax deal, Swiss finance minister Eveline Widmer-Schlumpf told Swiss radio on Saturday, as the United States pushes for it to supply information on bank clients who are alleged to have evaded taxes.

The United States has signed a $3.5 billion sale of an advanced antimissile interception system to the United Arab Emirates, part of an accelerating military buildup of its friends and allies near Iran.

The 2012 presidential campaign has been one of the most volatile in recent memory, and it isn't even 2012 yet. Take a look back at the highlights and lowlights of the battle for the Republican nomination so far.

China's central bank governor argued in comments published on Saturday that Beijing does not control the yuan's flow across borders as tightly as some think and that it is natural for the currency's trading band to be widened over time.

Boeing Co beat out Lockheed Martin to retain its position as the prime contractor for the U.S. long-range missile shield, the Pentagon said on Friday.

Brazilian planemaker Embraer will sell its A-29 Super Tucano aircraft to the U.S. Air Force, in a firm-fixed price delivery order contract worth $355 million, the company said in a statement late on Friday.

Brazilian planemaker Embraer will sell its A-29 Super Tucano aircraft to the U.S. Air Force, in a firm-fixed price delivery order contract worth $355 million, the company said in a statement late on Friday.

U.S. new-vehicle sales for December are expected to show continued steady growth, but analysts say much of the gains are linked to buyers who delayed purchases and therefore will not an indicate a strengthening economy.

Hackers affiliated with the Anonymous group published hundreds of thousands of email addresses belonging to subscribers of private intelligence analysis firm Strategic Forecasting Inc along with thousands of customer credit card numbers.

The third director in a week has resigned from Eastman Kodak Co as the former film giant struggles to survive the dominance of digital photography.

Jaromir Jagr scored on his return to Pittsburgh Thursday, sparking the Philadelphia Flyers to a 4-2 victory and snapping the Penguins' four-game win streak.

Boeing Friday won a $3.48-billion contract to build a U.S. shield against long-range ballistic missiles, said the U.S. Defense Department.

British comedian and actor Russell Brand called it quits on his 14-month marriage to Teenage Dream singer Katy Perry on Friday, filing for divorce on the grounds of irreconcilable differences.

Members of the Canadian Auto Workers union overwhelmingly voted in favor of staging a strike against Caterpillar Inc at an Ontario locomotive factory should the company implement unilateral changes to existing employment terms.

Former Hewlett Packard CEO Mark Hurd made increasingly aggressive romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to claims in a letter from her lawyer obtained by Reuters.

The third director in a week has resigned from Kodak Co as the former film giant struggles to cope with the dominance of digital photography.

Toronto's main stock index closed higher on Friday, the last trading day of the year, as financial and resource shares rallied on signs the U.S. economy was recovering, but the jump was not enough to avert the market's first year-on-year decline since 2008.

Verizon Wireless has reversed its decision to charge a $2 fee for telephone and online bill payments, bowing to a storm of criticism from consumers and the U.S. communications regulator.

Europe must cooperate more closely if it wants the euro to succeed as its shared currency, and it still has a long way to go to overcome its sovereign-debt crisis, German Chancellor Angela Merkel said in her New Year's Eve address.

Europe must cooperate more closely if it wants the euro to succeed as its shared currency, and it still has a long way to go to overcome its sovereign debt crisis, German Chancellor Angela Merkel said in her New Year's Eve address.

Shaky Europe. Political gridlock. Volatile markets.

China's most wanted man, who was deported from Canada in July after a decades-long legal battle, has admitted to his crimes and will now be handed over to prosecutors, state media reported on Friday.

General Motors Co is recalling 4,873 of its current year Chevrolet Sonic subcompact cars in the United States and Canada for possible missing front brake pads, the company and federal safety regulators said on Friday.

Whirlpool Corp on Friday accused two South Korean rivals, Samsung Electronics and LG Electronics , of dumping washing machines in the United States by selling them at substantially less than fair value.

Verizon Wireless has reversed its decision to charge a $2 fee for one-time telephone and online bill payments bowing to a storm of criticism from consumers and the U.S. communications regulator.

Walgreen Co said on Friday it will increase staffing at its call centers and offer discounts as it tries to hang on to customers once it stops filling prescriptions for Express Scripts Inc members on Sunday.