IBT Staff Reporter

Several companies in the money market fund industry, which has waived several billion dollars of fees over the past two years, are primed to recapture lost revenue from investors at a future date.

The Western Canadian province of Saskatchewan said on Monday its budget surplus for 2011-12 will be less than a quarter of what it had forecast, due in part to a summer of severe flooding.

This December, 500 young Ron Paul supporters will travel around Iowa and New Hampshire to get out the vote for the Texas congressman's presidential campaign. The effort, dubbed Christmas Vacation with Ron Paul, is part of Paul's grassroots campaign strategy.

Steve Johnson of the Buffalo Bills took heat Sunday for pretending to shoot himself in the leg after scoring a touchdown, mocking Jets wide receiver Plaxico Burress. Burress returned this year after spending two years in jail for gun charges after he accidentally shot himself in the leg.

After a blockbuster performance over the long Thanksgiving weekend, risk-taking retailers such as Macy's Inc and Amazon.com Inc were rewarded with big gains in their shares, while chains that are still tinkering with their strategies reaped smaller rewards.

Stocks jumped on Monday as optimism grew that European leaders would come up with a new plan to resolve the region's debt crisis and following a strong start to the U.S. holiday shopping season.

General Motors Co said on Monday that it will offer loaner vehicles to more than 5,000 owners of its Chevrolet Volt as it works with U.S. safety regulators on ways to reduce the risk of fires breaking out days after crashes involving the electric car.

Canada dismissed the Kyoto Protocol on climate change on Monday as a thing of the past, but declined to confirm a media report it will formally pull out of the international treaty before the end of this year.

Steven Spielberg's War Horse may be one of the final awards contenders to be unveiled this year, but after a month of sporadic screenings, DreamWorks unveiled it with a vengeance this weekend.

Police in riot gear closed in before dawn Monday on anti-Wall Street activists who defied a midnight deadline to vacate an 8-week-old encampment outside Los Angeles City Hall, but the police later pulled back.

Police in riot gear closed in before dawn Monday on anti-Wall Street activists who defied a midnight deadline to vacate an 8-week-old encampment outside Los Angeles City Hall, but the police later pulled back.

The Dow Chemical Company and Saudi Aramco have officially established their planned petrochemical joint venture Sadara Chemical Company in Jubail, Saudi Arabia, and announced its senior officers.

Amazon.com Inc said on Monday it saw a surge in sales of its Kindle devices, helped by its new Kindle Fire tablet, on the crucial Black Friday shopping day after Thanksgiving.

Some 150 websites allegedly selling counterfeit goods including shoes, purses, sunglasses and sports jerseys have been seized, authorities said on Monday, coinciding with the Cyber Monday holiday shopping day.

Bond insurer Assured Guaranty Ltd filed new claims against JPMorgan Chase & Co over a mortgage-backed security sold by Bear Stearns, saying more than 35 witnesses have come forward to testify about how loans in the $337 million transaction were misrepresented.

(For other news from the Reuters Global Media Summit, click on http://www.reuters.com/summit/GlobalMedia11?pid=500)

European telecoms lobbying group ECTA urged EU regulators on Monday to cut fees charged by dominant operators for access to copper wire networks, arguing such firms enjoyed unfair subsidies.

The judge hearing the Justice Department's challenge of AT&T Inc's plan to buy Deutsche Telekom AG's T-Mobile USA unit has postponed a status conference set for this week until early December, the court said in an order issued on Monday.

European telecoms lobbying group ECTA urged EU regulators on Monday to cut fees charged by dominant operators for access to copper wire networks, arguing such firms enjoyed unfair subsidies.

The death of a Florida A&M marching band drum major last week is leading to possible legal actions coming from multiple sides.

Sales of new homes rose in October and the supply of homes on the market fell to its lowest level since April of last year, showing some healing in the battered housing sector.

A pair of Monday morning notes on Research In Motion paint sharply contrasting views of the company that makes the BlackBerry.

A status conference on the Justice Department’s lawsuit to block the AT&T/T-Mobile merger has been postponed, the U.S. District Court of District of Columbia said Monday in a court order.

General Motors Co will allow Chevrolet Volt owners to drive other GM vehicles while U.S. regulators investigate the safety of batteries used in the Volt after crash tests produced fires.

A German regional court has opened the door to an investor law suit against credit rating agency Standard & Poor's over its assessment of Lehman Brothers securities before the collapse of the U.S. investment bank.

University of Utah Professor Grant Smith pleaded not guilty to allegations he viewed child pornography on a flight to Boston.

Stocks surged about 3 percent on Monday on hopes that fresh proposals may emerge out of Europe to help solve the region's debt crisis.

South Africa's rand gained as much as 2.3 percent against the dollar on Monday in what traders said was a temporary correction after last week's battering to 30-month lows.

The world needs a far more ambitious plan to cut emissions of planet-warming greenhouse gases than the Kyoto Protocol, European Union climate negotiators said on Monday, calling for a global deal to be reached by 2015 and in place by 2020.