IBT Staff Reporter

Two of Canada's largest telecom and media companies will take control of the Toronto sports empire that owns the NHL's Maple Leafs in a C$1.32 billion ($1.30 billion) deal that brings more premium content to their competing sports channels.

A judge approved a $2.2 billion transfer to U.S. commodities customers of fallen brokerage MF Global on Friday as a trustee acknowledged there were suspicious transfers leading up to its October 31 collapse.

Proton beam facilities can cost over $200 million, a price few medical centers are willing to pay. But with the help of investors and a growing body of research that points to better patient outcomes, the technology is starting to take hold and will soon be on track to be the status quo in radiation oncology.

Michelle Duggar from the show 19 Kids and Counting has suffered a miscarriage in the reality star's latest pregnancy, she and her husband said in a joint statement.

Donald Trump may have to cancel his much-maligned GOP debate now that Newt Gingrich and Rick Santorum are the only ones attending -- but he wants you to know it's not his fault.

Prime Minister David Cameron has made history by blocking EU treaty change in a move that has isolated Britain and this detachment will define the next chapter in this island nation's notoriously tricky relations with continental Europe.

A fire tore through a seven-story private hospital in the eastern Indian city of Kolkata before dawn Friday, killing at least 84 people, most of them intensive care patients who were asleep and suffocated in the fumes.

Stocks rose on Friday as European Union leaders agreed on measures to tackle the region's sovereign debt crisis and data showed U.S. consumer confidence rose to a six-month high.

Stocks rose on Friday as European Union leaders agreed on measures to tackle the region's sovereign debt crisis and data showed U.S. consumer confidence rose to a six-month high.

The Canadian Wheat Board and its supporters said on Friday they may seek an injunction to stop the federal government's move to end the board's monopoly on sales of Western Canadian wheat and barley.

Europe divided in a historic rift on Friday over building a closer fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to forge ahead with a separate treaty, leaving Britain isolated.

Chemical maker DuPont cut its 2011 profit outlook on Friday due to weak electronics and housing markets, sending its shares down more than 3 percent.

An index of consumer sentiment rose to its highest in six months in early December and the trade deficit narrowed in October in the latest signs that the U.S. economy's health is slowly improving.

The Conservative government may chop federal spending by C$8 billion ($7.87 billion) in each of the next three years, twice the amount it previously estimated, La Presse newspaper said on Friday.

Motorola Mobility won a preliminary injunction against Apple Inc in Germany, which could bar the sales of iPhones and iPads in the country.

Washington D.C.-based District Court Judge Ellen Huvelle on Friday called for an additional hearing next Thursday to determine the status of the U.S. Department of Justice's case against the AT&T/T-Mobile USA merger.

Governments worldwide must boost internet accessibility in order to nurture democracy and economic development, entrepreneur Loic Le Meur said at the prestigious LeWeb technology conference in Paris which he founded.

The European Union will outline a strategy on Monday to support activists living under repressive governments who are using technology to organise, mobilise and exercise their rights, European Commissioner Neelie Kroes said on Friday.

The U.S. Justice Department said on Friday it would seek to stay or dismiss its lawsuit to stop AT&T Inc's purchase of T-Mobile USA because AT&T withdrew its application with the Federal Communications Commission, which must approve the deal.

A U.S. bankruptcy court judge on Friday approved a $2.2 billion bulk transfer that would bring the recovery of nearly all U.S. commodities customers of fallen brokerage MF Global to about 72 percent of their accounts.

The U.S. Justice Department said on Friday it would seek to stay or dismiss its lawsuit to stop AT&T Inc's purchase of T-Mobile USA because AT&T withdrew its application with the Federal Communications Commission, which must approve the deal.

The European Central Bank is capping its weekly bond purchases at 20 billion euros and euro zone officials want banks to use its big new liquidity offer to buy more sovereign debt, ECB sources said on Friday.

An index of consumer sentiment rose to its highest in six months in early December and the trade deficit narrowed in October in the latest signs that the U.S. economy's health is slowly improving.

Samsung Electronics Co won a round of its bruising global patent fight with Apple Inc on Friday when an Australian court lifted a ban on the sale of its Galaxy tablet computer in time for the busy Christmas shopping season.

Chelsea manager Andre Villas-Boas has admitted that he is not bothered if he is unpopular, even among his own players, while defending his attack on the club's critics after the Champions League win over Valencia.

A 10-year-old boy shot by his mother in a standoff at the state food stamp office in Laredo, Texas, earlier this week died after his estranged father chose to take him off life support, Laredo police said on Friday.

The euro zone has agreed to take a big leap forward in economic integration, but failed to deliver a convincing answer to investors worried about its ability to tackle threatening debt crises in Italy and Spain.

A man who fatally shot a Virginia Tech police officer on Thursday apparently died of a self-inflicted gunshot wound, Virginia State police said on Friday.

Ford Motor Co recalled nearly 129,000 Ford Fusion and Mercury Milan sedans in the United States citing a risk that the wheels may fall off, U.S. safety regulators said on Friday.