IBT Staff Reporter

The Los Angeles Dodgers bankruptcy case leads to Frank McCourt agreeing to sell the team.

Canada will not help make up any funding shortfall to U.N. cultural agency UNESCO, which is under financial pressure after a vote to grant the Palestinians full membership, Foreign Minister John Baird said Tuesday.

Burst of energy showed galaxies more mature than previously thought.

AOL Inc's revenue dropped 6 percent because of its dwindling dial-up Internet access business, but the decline was not as severe as expected, due to an increase in advertising revenue.

Canada's central bank chief said on Tuesday he understands Greece's call for a referendum on the euro zone's latest bailout package, a plan that stunned other policymakers and triggered a downward spiral on global markets.

ST-Ericsson won a deal to supply chipsets for future Nokia phones based on Windows software, breaking Qualcomm's monopoly over Microsoft's mobile platform.

One of the former National Restaurant Association employees who accused Herman Cain of sexual harassment wants to tell her side of the story publicly, and her lawyer is trying to waive a confidentiality agreement so that she can do so.

Stocks were set to rise at the open on Wednesday, following two days of sharp losses, with developments in Greece and a U.S. monetary policy meeting on investors' minds.

U.S. private employers added more jobs than expected in October, and more were added in September than originally reported, while a separate report showed planned layoffs dropped sharply last month.

British satellite provider Inmarsat said its LightSquared spectrum sharing agreement boosted revenue in the third quarter as its core shipping business was hit by a shift to lower-revenue broadband terminals.

Comcast Corp's profit rose 5 percent thanks to healthy results from its cable business, calming recent worries that the industry was succumbing to pressures from a weak economy and poor housing market.

Google Inc. said it will offer free websites to small and medium businesses in India in a move to boost Internet usage in Asia's third-largest economy and aims to get half a million of these businesses online in the next three years.

Stock index futures edged higher on Wednesday, following two days of sharp market losses, with developments in Greece and a U.S. monetary policy meeting in focus.

Google Inc said it will offer free websites to small and medium businesses in India in a move to boost Internet usage in Asia's third-largest economy and aims to get half a million of these businesses online in the next three years.

A Finnish whitecollar workers' union said on Wednesday it may expand an ongoing strike next week to include maker Nokia, a move that could slow operations at the Finnish mobile phone company.

Sony Corp. surprised investors on Wednesday by warning it is heading for its fourth straight annual net loss and that its TV business alone would produce a loss of $2.2 billion due to tumbling demand and a surging yen.

Greece's prime minister faces a grilling from the leaders of Germany and France on Wednesday after fighting to win the backing of his cabinet to hold a referendum on a 130 billion-euro ($178 billion) bailout package.

Stock index futures edged higher on Wednesday, following two days of sharp market losses, with developments in Greece and a U.S. monetary policy meeting in focus.

AOL Inc reported a quarterly loss as its dial-up subscription business melts away.

Germany's manufacturing sector contracted in October for the first time in more than two years as new orders fell for a fourth month in a row, data showed on Wednesday in the latest sign Europe's bulwark economy is set for a sharp slowdown.

The ex-CEO of Japan's Olympus Corp said on Wednesday he wanted to meet investigators appointed to probe a scandal engulfing the firm, but added it would not be safe for him to travel to Japan.

The growth of borrowing among small U.S. businesses moderated in September but the overall level still registered a 14th monthly double-digit increase in a fresh sign the economy is set to grow at a stable pace.

Applications for U.S. home mortgages were little changed last week as purchase demand improved but refinancing activity stagnated, an industry group said on Wednesday.

The Bank of Japan supplied dollars in market operations on Wednesday for the first time in more than a year, a sign of the global market strains that board member Sayuri Shirai separately said could push the yen higher again.

Greece's prime minister faces a grilling from the leaders of Germany and France on Wednesday after fighting to win the backing of his cabinet to hold a referendum on a 130 billion-euro ($178 billion) bailout package.

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6 to 1 percent.

The ex-CEO of Japan's Olympus Corp signaled his willingness on Wednesday to meet investigators appointed to probe a scandal engulfing the firm, but he said he would not meet them in Japan due to safety concerns.

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6 to 1 percent.

Three days after Politico reported on sexual harassment allegations made against Herman Cain when he was CEO of the National Restaurant Association, the presidential candidate has still not settled on a clear response.