IBT Staff Reporter

Asian shares and the euro extended a rally into a second day Tuesday as investors were buoyed by expectations that European policy makers will outline details of how they will leverage a bailout fund to avert contagion in sovereign debt markets.

Asian shares and the euro extended a rally into a second day on Tuesday, as investors were buoyed by expectations that European policy makers will outline details of how they will leverage a bailout fund so as to avert contagion in sovereign debt markets.

BlackBerry maker Research In Motion is seeking to cash in as companies switch to rival smartphones with a new tool that offers some of its important security features for sexier devices like the iPhone.

Police in riot gear closed in before dawn on Monday on anti-Wall Street activists in Los Angeles who defied a midnight deadline to vacate a camp outside City Hall, but stopped short of clearing the encampment.

Police in riot gear closed in before dawn on Monday on anti-Wall Street activists in Los Angeles who defied a midnight deadline to vacate a camp outside City Hall, but stopped short of clearing the encampment.

If you were watching the American Music Awards and went huh? when Hot Chelle Rae got the award for New Artist of the Year, rest easy, because you probably won't have to bone up on the band too much to stay current on the next set of Grammy winners.

Martin Scorsese's first effort at a family film, big-budget 3D movie Hugo, now has a big hill to climb at the box office.

Dick Clark Productions' legal woes continue to mount.

Facebook, the world's largest Internet social network, is preparing for a initial public stock offering next year, according to a source familiar with the matter.

Cyber Monday was on course to set another record for retail sales on Monday, as the strong start to the holiday shopping season continued online.

Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.

Euro zone finance ministers are to agree on Tuesday on details of leveraging their EFSF bailout fund so it can help Italy or Spain should they need aid, and are likely to approve the next tranche of emergency loans for Greece and Ireland.

Brazilian filmmaker Oscar Maron Filho suffered a fatal heart attack while addressing a forum at a film festival in India Sunday afternoon.

Millennium Films has acquired the rights to the Chris Baldi comedy Guys Night and has slated a spring production start date.

Break out the Kleenex: Bethenny Frankel will not be coming to the daytime talk-show circuit anytime soon. At least not as a host.

Yes, the fictional paper brand Dunder Mifflin, the company that once thought Michael Scott was fit to run one of its branches, is now available for purchase.

Project Runway mentor Tim Gunn and Extreme Makeover: Home Edition dream-builder Ty Pennington will officially throw their hats into the crowded daytime talk-show ring Monday, January 16 at 2 p.m. ET, with the premiere of The Revolution, ABC announced Monday.

Tobey Maguire has decided to fold in a lawsuit against him over high-stakes -- and questionably legal -- poker games.

He's not exactly a Little Monster, but Tony Bennett may be one of Lady Gaga's biggest fans.

Sure, he's got that mirror ball trophy, but J.R. Martinez is continuing to reap even bigger rewards from winning the 13th season of Dancing With the Stars.

Rock band Red Hot Chili Peppers on Monday announced six new dates beginning in January for the North American leg of their I'm With You world tour.

Two of Hollywood's leading independent studios, Lionsgate and Summit, have started merger discussions, according to an individual with knowledge of the talks.

Fear not, law-and-order fans; U.S. Marshal Raylan Givens will be back on the case January 17.

Jenny McCarthy, who is best known for being Playboy's Playmate in 1994, is planning a second date with a Chicago lawyer, Dan Balanoff, she met on the Rosie O'Donnell show.

Jenny McCarthy, who is best known for being Playboy's Playmate in 1994, is planning a second date with a Chicago lawyer, Dan Balanoff, she met on the Rosie O'Donnell show.

Teen singing sensation Justin Bieber was named the most searched person this year on Internet search engine Bing on Monday, edging out reality TV star Kim Kardashian and Friends actress Jennifer Aniston.

Teen singing sensation Justin Bieber was named the most searched person this year on Internet search engine Bing on Monday, edging out reality TV star Kim Kardashian and Friends actress Jennifer Aniston.

A Nigerian-American man who pleaded guilty to stowing away on a commercial airline flight from New York to Los Angeles was sentenced on Monday to time served and placed on supervised release.

Ratings agency Moody's said on Tuesday it could downgrade the subordinated debt of 87 banks across 15 European Union nations on concerns that governments would be too cash-strapped to bail out holders of riskier bank debt in times of stress.