IBT Staff Reporter

Banking stocks led Wall Street lower on Monday in a thinly traded session as investors focused on the euro zone's uncertain economic outlook.

Surging San Diego overcame Baltimore 34-14 Sunday to keep alive their postseason hopes while damaging the Ravens' playoff top seed ambitions.

Dexter is a show obsessed with blood. So maybe fans shouldn't have been so surprised -- to say nothing of shocked, baffled, and repulsed -- by the so-called incest storyline between siblings Dexter and Deborah Morgan this season.

He doesn't wear hoodies and he wasn't a social misfit at Harvard, but the Israeli social-media entrepreneur formerly known as Rotem Guez now has several important things in common with Facebook founder Mark Zuckerberg.

This is the fifth in TheWrap's series of Studio Report Cards.

Lawrence Kasdan's Darling Companion has been selected as the opening-night film at the 27th Santa Barbara International Film Festival, organizers announced on Sunday.

The Descendants has been named the year's best picture by the International Press Academy, a group of entertainment journalists formed by a former president of the Hollywood Foreign Press Association 15 years ago.

William Shatner is best known for his TV work now, but the actor began his career on the stage, and that's where he'll return for his next project.

German director Wim Wenders has long ranked as among the major directors of world cinema, thanks to films such as Paris, Texas, Wings of Desire, Until the End of the World and the Oscar-nominated Buena Vista Social Club.

A California teen was sentenced to 21 years in jail on Monday for shooting to death a 15-year-old gay middle school classmate who he said made unwanted sexual advances.

North Koreans poured into the streets on Monday to mourn the death of leader Kim Jong-il and state media hailed his untested son as the Great Successor of the reclusive state whose atomic weapons ambitions are a major threat to the region.

The upstart wireless company that is being bankrolled by Philip Falcone's $5 billion Harbinger Capital Partners hedge fund could run out of money during the second quarter of 2012, according to the company's financial statement.

As sales of tablets surge, the fortunes of newspaper publishers may soon begin to turn.

Caterpillar Inc said its machine sales rose 30 percent in November compared with a year earlier as growth continued at the pace seen in September and October.

Cablevision Systems Corp said Monday that it would dismiss a lawsuit it filed earlier this month against Verizon Communications Inc for allegedly misleading consumers about the speed of Cablevision's Internet services.

A high school student confronted Rick Perry at a campaign stop in Decorah, Iowa, about his support for the military's former don't ask, don't tell policy, making Perry the latest Republican candidate to be challenged by a child on a gay-rights issue.

North Korean leader Kim Jong-il, revered at home by a propaganda machine that turned him into a demi-god and vilified in the West as a temperamental tyrant with a nuclear arsenal, has died, North Korean state television reported Monday.

The contents of the mansion where Michael Jackson's lifeless body was found went under the auction hammer this weekend, reaping three times pre-sale estimates for a total of close to $1 million.

The Cape Verdean singer Cesaria Evora, known as the barefoot diva, has died at age 70, according to reports over the weekend.

Discounts and mild weather are bringing out shoppers at a better-than-expected pace this holiday season, with department stores like Macy's Inc doing well and women's apparel retailers feeling pressure.

Banking stocks fell sharply on Monday, leading U.S. stocks lower in a low-volume session as investors again focused on the uncertain outlook in the euro zone.

Banking stocks fell sharply on Monday, leading U.S. stocks lower in a low-volume session as investors again focused on the uncertain outlook in the euro zone.

Below are highlights of comments made by ECB President Mario Draghi in testimony to the European Parliament on Monday.

U.S. homebuilder sentiment improved in December, rising to its highest level in a year and a half and reinforcing the view the housing market is slowly healing.

The New York Times Co is nearing a sale of 16 regional newspapers spread across the Southeast and California to Halifax Media Holdings, it said on Monday.

Ron Paul has overtaken both Newt Gingrich and Mitt Romney in the latest poll ahead of the Iowa caucuses, which will be held on Jan. 3. The poll showcases a remarkable rise by Paul, who has exemplified a slow and steady growth campaign model.

Zynga shares fell as much as 13 percent below their IPO price, in their second trading session, as investors worried about the online game publisher's growth prospects.

The Chicago Blackhawks continued to shine with Ray Emery in goal, claiming a routine 4-2 triumph over the Calgary Flames to register a fifth straight victory and climb to the top of the NHL standings on Sunday.

The contents of the mansion where Michael Jackson's lifeless body was found went under the auction hammer this weekend, reaping three times pre-sale estimates for a total of close to $1 million.