IBT Staff Reporter

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Calif. court weighs in on retiree health benefits

The California Supreme Court declined to give local governments carte blanche to hike health premiums for retired workers, saying on Monday that retirees could have a right to such benefits in some circumstances.

Arkansas Football Player Garrett Uekman Dies at 19, No Cause Released Yet

Garrett Uekman, a freshman tight end in University of Arkansas was reported dead at Washington Regional Medical Center in Fayetteville on Sunday. The cause of the death is yet to be found. According to Lt. Mat Mills in the university police department, there was nothing suspicious about Uekman’s death. However, his body will be sent to Arkansas state medical examiner for an autopsy.

Carolina Herrera to sell Twilight wedding dress

Twilight fans can have their very own fairytale wedding experience next year when Carolina Herrera's CHNY boutiques begin selling gowns in the same design as worn by Bella Swan in Breaking Dawn - Part 1, the apparel maker's spokesman said on Monday.

Demi Moore-Ashton Kutcher Divorce: Can a $100,000 Car and Counseling Save Their Marriage? [PHOTOS]

Ashton Kutcher and Demi Moore visited a Beverly Hills home for counseling last weekend, making a last ditch attempt to save their marriage even as Kutcher tried to woo Demi back with a $100,000 car as her birthday gift. The couple, who announced an end to their marriage last Tuesday, arrived separately at the 'Kabbalah House' and went through a one-hour counseling to lift them out of depression, according to reports. However, it didn't seem to work out as both of them came out looking d...

Sidney Crosby Shines in Return [VIDEO]

Sidney Crosby made his hotly anticipated return to the NHL Monday night, netting two goals and adding two assists in a game that is sure to go down as one of the biggest in Crosby lore when all is said and done.

JP Morgan to buy MF Global stake in LME: sources

J.P. Morgan will soon announce it has bought a 4.7 percent stake in the London Metal Exchange from defunct U.S. brokerage MF Global, two people familiar with the situation said, making it the exchange's largest shareholder.

ECB funding demand surges as bank strains build

Euro zone banks' demand for central funding surged to a two-year high on Tuesday, and U.S. funds cut their lending to the bloc's banks, tightening a squeeze that looks unlikely to ease this year.

Bank profits continue to climb: FDIC

U.S. bank earnings reached their highest point since the second quarter of 2007 but the industry continues to have trouble boosting revenue with the economy struggling.

Sarah Palin in a Spat With Fox News

Sarah Palin has reportedly angered Fox News president Roger Ailes by announcing her decision not to run for the GOP nomination in 2012 on a radio program rather than on Fox.

Keira Knightley details her hysteria in Dangerous Method

The 26-year-old British actress said the promise of such a dream role and working with Cronenberg, Fassbender and Viggo Mortensen (who portrays Freud) was too enticing to walk away. It also helped that Cronenberg promised the spanking scenes would be clinical, not sexy.

Crosby spectacular in long-awaited comeback

Canadians cheered and hockey fans held their breath as Pittsburgh Penguins captain Sidney Crosby made a spectacular return to action on Monday after being sidelined for nearly a year recovering from a concussion.

Watered-down soup sales hurt Campbell

Campbell Soup Co , the world's largest soup maker, reported weak quarterly sales as higher prices at its U.S. soup and international businesses put off price-conscious shoppers, sending its shares down 5 percent.

TSX may edge up, helped by commodity recovery

Canadian stocks looked set to open slightly higher on Tuesday, in line with stronger commodity prices, though there were signs the respite from worries over U.S. and European government debt could be temporary.

Wall Street flat after selloff, but GDP read weaker

U.S. stocks were little changed on Tuesday as persistent concerns over Europe and a weaker reading on U.S. economic growth kept investors on edge, although the downside was limited after four days of losses.

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