IBT Staff Reporter

A special master overseeing the Justice Department's effort to stop AT&T from buying rival T-Mobile USA has issued a schedule for lists of trial witnesses to be drawn up, according to court papers.

German Chancellor Angela Merkel said on Monday that Europe could be living through its toughest hour since World War Two as new leaders in Italy and Greece rushed to form governments and limit the damage from the euro zone debt crisis.

Wall Street stocks fell on Monday as euro zone data signaled the region could be facing a recession, adding to worries about Europe's debt crisis.

WASHINGTON, Nov 14 - The New York County District Attorney's office will soon announce enforcement actions against additional foreign banks that helped Iran and other U.S.-sanctioned countries access the U.S. financial system, Manhattan District Attorney Cyrus Vance, Jr said on Monday.

Illegal immigration is the issue of the week in Frederick County, Maryland following an incident last week in which an illegal immigrant was charged with murder.

Amazon.com's Kindle Fire tablet and Microsoft's efforts to get back into the mobile game have impressed developers, a survey released on Monday showed, while BlackBerry maker Research In Motion fell further behind.

Italian bank UniCredit is to ask shareholders for 7.5 billion euros ($10.3 billion) in new capital, cut 6,150 jobs and retreat from key business areas in a bid to repair its ravaged balance sheet and return to profit.

The DVD of Harry Potter and the Deathly Hallows, Part 2, in which the evil dragon is vanquished by Harry Potter, who is helped by Ron and Hermione, released in Orlando on Saturday.

Sprint Nextel is cutting prices on their 3G/4G data plans in order to better compete with its largest rivals, the company announced Monday.

The audiophilic HTC Rezound launches today on Verizon Wireless. In addition to 4G LTE and a hefty 1.5 Ghz processor, the Rezound includes Beats Audio technology from Dr. Dre's Beats Electronics line and is the first HTC phone to come with a 720p HD touch display.

LEIPZIG, Germany, Nov 14 - Warning that Europe faced its toughest hour since World War Two, German Chancellor Angela Merkel urged her party to set aside its misgivings about the euro and accept closer political integration as a solution to the bloc's deepening debt crisis.

LEIPZIG, Germany, Nov 14 - Warning that Europe faced its toughest hour since World War Two, German Chancellor Angela Merkel urged her party to set aside its misgivings about the euro and accept closer political integration as a solution to the bloc's deepening debt crisis.

The biggest shopping event of the year is just on the horizon and there are plenty of good deals for the gaming crowd.

The 45th Annual CMA Awards ceremony on Nov. 9 night witnessed the huge success of Taylor Swift. For the second time, the singer took home the Entertainer of the Year award, the highest honor of Country music.

Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.

Olympus Corp directors approved the purchase of Gyrus Group's preferred stock from a firm that advised the Japanese company's takeover of the British medical products maker, for more than three times the original price just two months after the shares were issued, the Nikkei business daily said.

The financial crisis is forcing investment bankers to take on unfamiliar tasks left behind by redundant colleagues to meet the needs of clients struggling with choppy markets.

The publisher of the publications, Ray Chelstowski, has been given the ax; a source tells the Wall Street Journal. The move was made given the ownership's displeasure with advertising revenue.

Italian bank UniCredit is to ask shareholders for 7.5 billion euros ($10.3 billion) in new capital, cut 6,150 jobs and retreat from key business areas in a bid to repair its ravaged balance sheet and return to profit.

Sprint Nextel cut broadband wireless prices for its fastest data service customers after just two weeks to better compete with rivals AT&T Inc and Verizon Wireless in the holiday shopping season.

Wall Street stocks declined on Monday as Eurozone data signaled the region could be facing a recession, adding to worries about Europe's debt crisis.

Wall Street stocks declined on Monday as euro zone data signaled the region could be facing a recession, adding to worries about Europe's debt crisis.

Economists polled by the Philadelphia Fed lowered their U.S. economic growth outlook for the next two years as the labor market was forecast weaker than anticipated, a survey released on Monday showed.

Google Inc. offered a detailed glimpse into its secret process of ranking Internet websites on Monday, publishing for the first time a list of recent tweaks to its closely guarded search algorithm.

Disney Online announced Monday that it has acquired parenting blog platform Babble Media, allowing Disney to strengthen their portfolio in new media.

Amazon.com Inc began shipping its Kindle Fire on Monday, a day earlier than it expected and extending its lead time over Barnes & Noble Inc's rival Nook tablet.

Wall Street edged lower on Monday as Italy and Greece rushed to form technocrat-led governments in a bid to stave off the euro zone's debt crisis, and as data showed the region is facing a looming recession.

Bank of America Corp plans to sell most of its remaining stake in China Construction Bank Corp for $6.6 billion in cash to boost the ailing U.S. bank's capital levels.

The world's top planemakers issued bullish forecasts for demand from the Middle East on Monday, underlining the region's importance to the industry a day after Boeing unveiled a blockbuster deal to sell 50 of its 777 jetliners to host airline Emirates.