IBT Staff Reporter

Bil Keane, the creator of the much-loved Family Circus comic strip, died Tuesday of congestive heart failure, his son confirmed on Wednesday. He was 89.

Stocks tumbled 3 percent on Wednesday, erasing gains for the week so far, as a spike in Italian bond yields fanned worries about contagion in the European debt crisis.

President Barack Obama pledged to veto a congressional measure that would overturn new U.S. Internet traffic rules, his staff tweeted to his Twitter account on Wednesday.

Life of Sophia Grace Brownlee, 8, and her cousin Rosie, 5, changed after Sophia uploaded on YouTube on Sep 15, 2011, their take on Super Bass song by Nicki Minaj.

General Motors Co posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy.

The Radiant storytelling in Elder Scrolls V: Skyrim’ will ensure an infinite amount of quests to perform that will be randomly generated based on where the player has been and what they have done.

Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.

Santos have confirmed that their highly-rated forward Neymar will remain at the Brazilian club until after the 2014 World Cup, after he agreed to a contract extension with a reported 50% increase in salary.

An acceleration in the pace of U.S. economic growth in the second half of this year is expected to ebb as 2012 gets underway, although the odds of another recession have receded to one-in-four, a Reuters poll showed on Wednesday.

Taiwanese computer maker Asus introduced its new Eee Pad Transformer Prime Wednesday, the first tablet to utilize a quadruple core. The Nvidia Tegra 3 chipset, which itself was unveiled only a day earlier, is said to offer up to three times the graphics performance of its predecessor, the Tegra 2, and a 60 percent lower rate of power consumption.

Republic Airways has decided to split or even sell its subsidiary Frontier after announcing substantial third quarter losses for the company.

Stocks slid more than 2 percent on Wednesday as a spike in Italian bond yields heightened fears the debt crisis in Europe was spreading.

HSBC gave its starkest warning to date that new regulations might force it to leave Britain and said its U.S. bad debts had jumped as more homeowners stopped payments on their mortgages.

Toyota Motor Corp has told parts suppliers it aims to restore Japanese production to normal levels by early 2012, recovering from the impact of Thai flooding that hit suppliers, a source familiar with the situation said on Wednesday.

More than a thousand Rhode Island union members rallied outside the State House on Tuesday to protest pension reforms proposed by Gov. Lincoln Chafee and Treasurer Gina Raimondo.

Nearly half of neurosurgeons surveyed admitted to performing at least one wrong-site surgery in their career, according to study.

General Motors Co posted a third-quarter profit that fell 15 percent after a loss in Europe and disappointed investors with a forecast that closed the door on any improvement in the current quarter.

Stocks fell about 2 percent on Wednesday as a spike in Italian bond yields heightened fears the debt crisis in Europe was spreading.

Dean Foods reported a third quarter loss of $1.54 billion dollars compared to earnings of $24.3 million the year-earlier period, due to a $1.6 billion goodwill charge levied on the company.

Rising cotton prices and other costs took a toll on quarterly margins at Macy's Inc and Ralph Lauren Corp , pressuring shares of both the department store operator and the upscale clothing maker.

Rob Mocarsky, a former kindergarten teacher in Jackman, Maine, who took pornographic photos of four of his students, was sentenced to 16 years in prison on Tuesday.

Lionsgate Entertainment narrowed its fiscal second quarter net loss year-over-year to $24.6 million as gains from its sale of Maple Pictures and EPIX earnings helped offset underperformance in films.

Adobe Systems Inc is halting development of its popular Flash Player for use in mobile browsers, essentially admitting defeat to rival Apple Inc in a long-running battle over Web standards.

Chinese industrial output grew at its weakest annual pace in a year in October and inflation fell sharply, raising expectations Beijing will do more to support economic growth by fine tuning policy.

Karen Kraushaar, one of the former National Restaurant Association employees who received a settlement after accusing then-CEO Herman Cain of sexual harassment, says she wants to hold a joint press conference with the other three women who have made allegations against Cain.

Chief marketing officers at U.S. retailers are cautious heading into the holiday season, though those at larger chains are a bit more optimistic about their prospects, according to a survey conducted by BDO USA.

Stocks dropped more than 2 percent in early trading on Wednesday as a spike in Italian bond yields prompted fears the region's debt crisis was spiraling.

One message from financial markets has become quite clear: attempts by the euro zone to ring-fence Greece and stop contagion to other, more significant economies has failed.

One message from financial markets has become quite clear: attempts by the euro zone to ring-fence Greece and stop contagion to other, more significant economies has failed.