IBT Staff Reporter

Asian shares rallied to two-week highs on Thursday, building on strong global gains after the world's six major central banks moved to tame a liquidity crunch for European banks by providing cheaper dollar funding.

With California Governor Jerry Brown making little progress in his efforts to solve the state's intractable budget problems, a number of private groups are maneuvering to put new tax measures to the voters next November.

CBS scored an overall ratings victory Tuesday night with quite the mixed bag of entertainment, taking the top two spots with a record-breaking Victoria's Secret Fashion Show and the children's holiday chestnut, Rudolph the Red-Nosed Reindeer, according to preliminary numbers.

Is Universal and Working Title's adaptation of the Broadway hit Les Miserables finally about to get its Eponine?

Michael Buble's album Christmas topped the U.S. Billboard 200 album chart on Wednesday, against stiff competition from new releases by Nickelback, Rihanna, Daughtry and Mary J. Blige.

Det. Stabler could be coming to Bon Temps soon.

The Sundance Film festival, the top U.S. gathering for independent cinema, on Wednesday unveiled its competitive lineup for 2012, some of which will become the most talked-about movies of the upcoming year.

Jersey Shore star Vinny Guadagnino has apologized for a song published earlier today that sparked outrage with its lyrics about rape.

Getco LLC, an electronic market maker and high-frequency trading specialist, on Wednesday said it agreed to buy Bank of America Corp's floor-trading operations at the New York Stock Exchange, significantly expanding its market-making operations.

The Occupy Wall Street movement might be an unwanted entity among law-enforcement agencies throughout the country, but it's certainly not runnin' on empty. At least as far as Jackson Browne is concerned.

The Occupy Wall Street movement might be an unwanted entity among law-enforcement agencies throughout the country, but it's certainly not runnin' on empty. At least as far as Jackson Browne is concerned.

Alice Eve has been cast in J.J. Abrams' 3D Star Trek sequel, TheWrap has confirmed.

Was Kim Kardashian's 72-day marriage to NBA player Kris Humphries a big sham? Opinions are divided on this raging topic of national debate, but Humphries himself appears to think so.

After The Social Networks' endless scenes of depositions, Jesse Eisenberg should have a pretty firm grounding in the legal system.

Rapper Kanye West led the field of Grammy contenders on Wednesday with seven nominations, including song of the year for All of the Lights.

The former chief executive of disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and bring in his own team to save the Japanese firm from a big accounting scandal.

The former chief executive of Japan's disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and install his own team to save the firm from a big accounting scandal.

Wal-Mart Stores Inc, the world's largest retailer, unveiled its first social-networking application late on Wednesday, in a move to latch onto one of the hottest trends in e-commerce.

Short lead times from manufacturing customers are making it tough to predict end demand for microchips and hard to say whether an inventory correction is bottoming out, the chief executive of Maxim Integrated Products said.

The CME Group on Wednesday fought back against criticism it has not done enough to protect customers whose money has gone missing in the collapse of brokerage MF Global Holdings Ltd .

Video game companies want to turn gamers from one-time purchasers into subscribers who generate a steady and predictable revenue stream to boost business and protect against economic uncertainty.

AT&T Inc and T-Mobile USA's parent Deutsche Telekom have discussed options including forming a joint venture to pool the wireless operators' network assets if AT&T's proposed $39 billion plan to buy T-Mobile USA fails, the Wall Street Journal reported.

The whistleblower in the accounting scandal engulfing Japan's Olympus Corp, ex-CEO Michael Woodford, quit the firm's board of directors on Thursday and called for an urgent shareholder meeting to replace its disgraced top brass.

AT&T Inc and T-Mobile USA's parent Deutsche Telekom have discussed options including forming a joint venture to pool the wireless operators' network assets if AT&T's proposed $39 billion plan to buy T-Mobile USA fails, the Wall Street Journal reported.

AT&T Inc and T-Mobile USA's parent Deutsche Telekom have discussed options including forming a joint venture to pool the wireless operators' network assets if AT&T's proposed $39 billion plan to buy T-Mobile USA fails, the Wall Street Journal reported.

As cholesterol fighter Lipitor goes generic, its maker Pfizer Inc is hoping to hold onto perhaps a third of the 3 million Americans who take the biggest-selling drug of all time.

U.S. lawmakers on Wednesday proposed fighting the cyber threat that is taking a toll on American companies by allowing spy agencies to share threat intelligence with private firms.

The whistleblower in the accounting scandal engulfing Japan's Olympus Corp, ex-CEO Michael Woodford, has quit the firm's board of directors and called for an urgent shareholder meeting to sweep aside its disgraced top brass.

NEW YORK, Nov 30 - Facebook games developer Zynga Inc is seeking a lower-than-expected $10 billion valuation for its initial public offering, which is to be priced on December 15, two people close to the process said on Wednesday.