IBT Staff Reporter

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Sino-Forest CEO says company may go private: report

Sino-Forest Corp may choose to go private as it seeks to restore its finances and reputation after its shares lost three quarters of their value amid fraud allegations, the chief executive of the Chinese forestry company was quoted as saying.

MF Global trustee must prove disinterestedness

Bankruptcy Judge Martin Glenn said he needs more information from James Giddens, the trustee winding down bankrupt brokerage MF Global , to determine if Giddens has a conflict of interest in the case.

Sinead O'Connor to wed for fourth time

Irish singer Sinead O'Connor will wed for the fourth time this week, choosing the occasion of her birthday to tie the knot, she said on her website on Wednesday.

Game of Thrones, Homeland enter TV guild races

HBO's popular fantasy drama Game of Thrones and new Showtime thriller Homeland burst into the race for the top TV shows of the year on Wednesday, with nominations for their writers and producers.

Kurt Sutter on the season 4 finale of Sons of Anarchy

Sons of Anarchy wrapped its fourth and most successful season Tuesday night, and SAMCRO leader, well, now former leader, Clay (Ron Perlman) managed to end the season alive, but stripped of his SAMCRO president patch by new leader Jax.

Barry Bonds seeks probation for criminal conviction

Baseball home run king Barry Bonds should receive no jail time for his conviction on a single criminal count related to an investigation of steroids in sports, his attorneys argued in a court filing on Tuesday.

Cannonball hits home in MythBusters TV shoot

A cannonball shot during an experiment gone awry on the television show MythBusters crashed into a home in Northern California, but no one was injured, the company behind the program said on Wednesday.

PacSun gets PE loan, to close up to 200 stores

Pacific Sunwear of California Inc said it received a $60 million loan from private equity firm Golden Gate Capital in return for two board seats and the right to buy a 20 percent stake in the teen retailer.

San Jose, California step closer on pension reform vote

San Jose, California's city council has approved a measure for next June's ballot that would overhaul pensions for city workers to rein in their rising costs, a growing concern for local and state governments across the nation.

Marlins make another splash with Buehrle deal

The Miami Marlins made their third major free-agency signing of the offseason by agreeing to terms on a four-year, $58 million deal with four-time All-Star pitcher Mark Buehrle, MLB.com reported on Wednesday.

UAW won't name foreign auto organizing target

The United Auto Workers union has decided it will not identify an organizing target among foreign automakers with U.S. operations, a shift in strategy in a campaign that union leadership sees as central to its survival.

Charlie Sheen ex-wife seeks end to drug case

Brooke Mueller, the ex-wife of actor Charlie Sheen, has hired a defense lawyer who will ask prosecutors to drop recent cocaine and assault charges filed against her in Colorado, her spokesman said on Wednesday.

Jersey Shore season 5 trailer teases, surprise, fighting

Snooki swinging a bat at The Situation, The Situation threatening to reveal yet another secret to her boyfriend, and a cast member packing up and moving out of the beach house -- these are but a few of the storylines teased in MTV's new Jersey Shore season five trailer.

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