IBT Staff Reporter

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Austrian chancellor backs EU treaty change: report

Austrian Chancellor Werner Faymann backs changes to the European Union treaty that would create a political and economic powerhouse even at the cost of relinquishing some national sovereignty, he told a Sunday newspaper.

Panel to release report on Olympus scandal Tuesday: report

An expert panel appointed by Japan's Olympus Corp to look into an accounting scandal at the disgraced firm will release its findings on Tuesday, Kyodo news agency said in a weekend report, opening the way for possible criminal complaints against former company executives.

China says U.S. solar ruling smacks of protectionism

China said it was deeply concerned about a preliminary ruling by a U.S. trade body that trade practices by Chinese solar makers are hurting U.S. producers and said the decision underscored a U.S. inclination to trade protectionism.

SAP offers $3.4 billion cash for SuccessFactors

Dec 3 - Germany's SAP announced a $3.4 billion cash deal to buy U.S. web-based software company SuccessFactors, joining the scramble among technology firms to offer cloud-computing services to businesses.

Italy's Monti seeks broad support for crisis measures

Italian Prime Minister Mario Monti met party leaders Saturday to drum up support for new measures designed to shore up public finances, helping growth and calming the debt crisis in the euro zone's third-largest economy.

Herman Cain Announcement: The Campaign Is Over

Cain, the Georgia businessman whose sudden rise in the polls in October shook up the Republican presidential field, announced in Atlanta on Saturday that he would withdraw from the race in light of allegations of a 13-year extramarital affair and several 1990s-era sexual harassment accusations.

Exclusive: MF Global mixed funds, transferred abroad

Regulators investigating the collapse of MF Global have determined that the firm combined money between securities and futures accounts owned by customers, and transferred funds outside the country to at least one entity, a source said on Friday.

Searching across the Atlantic for clues

The euro zone will once again serve as the source of Wall Street's angst, as investors look to a summit of the region's political leaders for decisive solutions for the ballooning debt crisis.

Top 10 Football Goals of 2011 [PHOTOS, VIDEOS]

Picking the best of anything is a tough task when it involves a huge sample size. It rings no truer than when attempting to pick out 10 best goals of a whole year. The task is no laughing matter. However, it was a lot of fun.

Pixar, Tweety Bird shortlisted for Oscar animated shorts

The Oscars' Best Animated Short Film category will be the usual battle between giants and little guys this year, with Pixar and Tweety Bird competing with a batch of smaller animated films from around the world. The Academy released a 10-film shortlist on Thursday, which puts Pixar's La Luna in the running to become the company's 11th nomination, and gives the Warner Bros. cartoon I Tawt I Taw a Puddy Tat a chance to add to WB's long history in the category as well.

Grammy nominees in key categories

Following is a list of nominees in key categories for the 54th annual Grammy Awards, announced in Los Angeles on Wednesday. Winners will be announced on February 12.

U.S. judge rejects Apple bid to halt Galaxy sales

Apple failed to convince a U.S. judge to block Samsung Electronics from selling Galaxy smartphones and tablets in the U.S. market, depriving the iPhone and iPad maker of crucial leverage in a global patent battle between the two companies.

Community gets syndication deal with Hulu

The network future of NBC's Community -- alarmingly absent from the midseason schedule that the network released last month -- might be up in the air, but digital-age couch potatoes are in luck.

US judge dismisses non-U.S. claims against Toyota

Toyota Motor Corp has won the dismissal of a U.S. lawsuit brought by vehicle owners in 14 other countries who said their Toyotas lost value because of the Japanese automaker's mishandling of alleged unintended acceleration problems.

Only two PGA documentary nominees on Oscars shortlist

Reinforcing that the 2011 documentary-awards picture is almost as confusing as the Oscar Best Picture race, the Producers Guild of America nominated five films for its top doc award on Friday -- and only two of the five even made the final 15 in the Oscars doc category.

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