IBT Staff Reporter

Shares of consumer review website Angie's List surged as much as 44 percent on their market debut Thursday as investors continued to lap up internet offerings, but concerns about the company's profitability could loom on the stock.

In 1989, Spy magazine commissioned some of New York's most acclaimed pastry chefs to try to recreate a Twinkie. And while all of them concocted tasty desserts packed with actual creme, none of them could completely duplicate the mass-produced, injection-filled icon of junk food.

Survivor's torch won't be snuffed anytime soon.

Volkswagen has pressed U.S. regulators to change a proposal to double auto fuel efficiency, arguing the plan puts it at a competitive disadvantage and unfairly de-emphasizes clean diesel engines.

Sensing that end is nigh for their favorite vampire romance franchise, members of Team Edward and Team Jacob will flock to the movie theaters this weekend to see The Twilight Saga: Breaking Dawn - Part 1.

Swiss bank UBS will slash risky assets by almost half and shift focus back to wealthy people's money as it pledged its first dividend since the financial crisis.

The semiconductor industry is looking at first signs of recovery as it struggles to clear inventories of unsold chips stemming from a slowdown in consumer spending, industry executives said on Thursday.

The trustee liquidating MF Global Holdings Ltd's broker-dealer unit won court permission to distribute $520 million of cash, providing relief to customers whose accounts have been frozen since the futures brokerage went bankrupt.

Top European IT services providers Atos and Capgemini said on Thursday they were optimistic on outlook with customers continuing to invest despite macroeconomic worries in many European markets.

French chipmaker STMicroelectronics expects inventory correction hampering the industry to continue into early 2012 and to return to normal business conditions in the second quarter.

Chip designer ARM said it was optimistic that reductions in inventory by device makers which is dampening demand for semiconductors would be short-lived, bolstering its confidence in its own outlook for 2012.

Some of the world's biggest airlines engaged in massive price-fixing about a decade ago as their profits were undermined by an economic downturn, according to federal prosecutors.

Some of the world's biggest airlines engaged in massive price-fixing about a decade ago as their profits were undermined by an economic downturn, according to federal prosecutors.

The iPhone 4S has quieted the hungry masses for a time, but it won't be long before the cry of JE-SUS-PHONE! JE-SUS-PHONE! is taken up again. In a way, we're glad that the iPhone 5 didn't make it into the lineup this year, partially because too much fun is really not healthy for you - think about eating all that Fun Dip and then running around when you were five - but partially because we're glad they're taking they're time, since the next round of upgrades is going to ...

Spain's new government may rush through emergency measures immediately after Sunday's parliamentary election, but unless the euro zone finds a durable systemic solution to its debt crisis, Madrid will still be forced to seek a financial rescue.

A former trader at Bernard Madoff Investment Securities is expected to plead guilty next week to defrauding Madoff's customers by helping falsify records and fake trades starting in the early 1970s, federal prosecutors said in a letter Wednesday.

Stan Lee is aiming his powers at the Web, where the legendary creator of Marvel comic characters such as Spider-Man plans to take on the superhuman task of making profitable shows for an online audience.

Sears Holdings Corp reported a much wider than expected quarterly loss on Thursday as higher markdowns and pricing pressures in appliances squeezed margins, and its shares fell as much as 9 percent.

Eastman Kodak Co is trying to sell its online photo-sharing unit, the Wall Street Journal reported on Thursday, and shares of the struggling photography company rose almost 8 percent.

South Africa's rand nudged higher against the dollar in late Johannesburg trade on Thursday as risk appetite received a boost from favourable U.S. data but further weakness still lurks while euro zone debt worries remain, traders said.

Standard Bank Group is now financing small and medium-sized (SME) enterprises, tapping into a lucrative segment that was previously ignored by mainstream lenders but is increasingly on the agenda for most African governments.

Ghana's cocoa regulator Cocobod said port carriers had called off a week-long strike over pay and conditions and that exports from the world's second biggest grower could resume shortly.

Nigeria said on Thursday it was fining airlines British Airways and Virgin Atlantic a total of $235 million, as an ongoing row between Britain and Africa's most populous nation over landing slots and ticket prices escalates.

This year may be the biggest Black Friday yet for online shopping, says inMobi. With retailers eager to get a jump on the busiest shopping day of the year, it's hard to know where to concentrate your efforts.

Stocks fell sharply in early afternoon on Thursday as nervous investors bailed out of the market, after the S&P 500 broke a key technical level.

U.S. auto sales may have their strongest month of 2011 in November, spurred by consumers' growing need to replace aging cars and trucks and a wider selection on dealer lots, according to a study released on Thursday.

After a decade of waiting “Marvel vs. Capcom 3” was finally released. But after only a year of waiting, we get “Ultimate Marvel vs. Capcom 3.” UMvC3 adds 12 new characters, a new mode and a bunch of little interface tweaks and character balances.

Bradley Cooper, star of The Hangover, The Hangover 2 and Limitless, has been named the Sexiest Man Alive by People Magazine. The 36-year-old Georgetown alum beat out other Hollywood noteworthies, including Ryan Gosling and Idris Elba.

Google Inc has turned on the music at its new online store, aiming to wrest the lead from Apple Inc and Amazon.com Inc in audio entertainment distribution despite the absence of a major record label.