IBT Staff Reporter

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Boeing defense CEO: braced for deep spending cut

Boeing Co's defense unit is bracing for the worst case scenario -- a trillion-dollar U.S. defense budget reduction over 10 years, the chief executive of the company's Defense Space and Security business said on Thursday.

'Gotham City Impostors' Gets Release Date and Beta

The download-only multiplayer First-Person Shooter will hit the Gotham streets Jan. 10 next year. Players who can't wait to get in on the action can also sign up on the company's Web site for a chance to be included in the game's beta testing.

CBS, Chris Columbus bringing Rifleman back to TV

CBS is taking aim at a television classic.The network is rebooting the Chuck Connors series The Rifleman, the late-1950s ABC Western about Civil War vet and widower Lucas McCain, who takes his son and his hot-rodded Winchester rifle and settles in the New Mexico territory of North Fork, an individual familiar with the project confirms to TheWrap.

Steve Jobs is most used name in media, 2011

Arab Spring and Royal Wedding were on Wednesday deemed the top phrases of 2011, while late Apple co-founder Steve Jobs is the year's top name, according to a global survey of the English language.

Bradley Cooper drops out of Man From U.N.C.L.E.

Bradley Cooper isn't going Solo.The Hangover actor, who had been in talks to play the crime fighter Napoleon Solo in Warner Bros'. big-screen version of The Man From U.N.C.L.E., will not play the role, TheWrap has learned.

CFTC launches investigation into bankrupt MF Global

The U.S. futures regulator on Thursday said it has launched a formal investigation into bankrupt MF Global, increasing pressure on the brokerage as the search for roughly $600 million in missing funds continues.

Oliver Platt, Edie Falco to host Gotham Awards

This year's Gotham Independent Film Awards, one of the two major awards shows devoted to indie film, will be hosted by actors Oliver Platt and Edie Falco, the Independent Feature Project (IFP) announced on Wednesday.

Merck ups dividend, first time since Vioxx pulled

Merck & Co raised its quarterly dividend 11 percent, the first increase since the company's painkiller Vioxx was withdrawn in 2004, and said it expects to file for approval of five new drugs within the next two years.

Glee gets ratings bump but NCIS leads CBS to win

As with many carnal matters, the much-ballyhooed sex-scene episode of Glee caused a rise -- ratings-wise, anyway -- on Tuesday night. And a modest boost for CBS' NCIS was enough to make it the top-rated show of the evening and help boost the network to an overall win Tuesday.

Pedro AlmodÛvar discusses plastic surgery thriller

Director Pedro AlmodÛvar wasn't just thinking Alfred Hitchcock and Frankenstein when he made his new plastic-surgery-gone-amuck thriller The Skin I Live In, in which a doctor turns a man into a woman while thinking about another woman.

Wall Street rebounds, energy, industrials lead

U.S. stocks rose on Thursday, rebounding from the previous day's steep losses on positive corporate news, but trading was choppy as nervous investors reacted to headlines painting a mixed picture of Europe's debt crisis.

Comedy Awards returning to New York City

Comedy elite like David Letterman, Eddie Murphy, Bill Murray, Tina Fey, Alec Baldwin, Will Ferrell, Jon Stewart, Stephen Colbert and Louis C.K. turned out for last year's inaugural Comedy Central Comedy Awards, and the network has announced the show will return to New York in 2012.

Family Circus creator Bil Keane dies at age 89

The Family Circus creator Bil Keane, whose kid-friendly comic strip gave readers a funny version of his own life at home and became one of the most widely syndicated cartoon panels in the world, has died at age 89, his distributor said on Wednesday.

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