IBT Staff Reporter

A U.S. judge has appointed a trustee to oversee the liquidation of the U.S. brokerage unit of Jon Corzine's MF Global Holdings Ltd, which filed for bankruptcy protection on Monday, a federal agency said.

Companies are increasingly taking advantage of securities rules that lets them raise capital without having to go through costly registrations, according to a new study by regulators.

The financial risk council held a conference call on Monday to discuss developments related to MF Global Holdings Ltd, according to a Treasury Department official.

Anadarko Petroleum Corp reported a wider quarterly loss on Monday, as the U.S. oil and gas company spent $4 billion to reach a settlement with BP Plc over that company's Gulf of Mexico oil spill disaster last year.

When Whirlpool Corp closes its refrigerator factory in Fort Smith, Arkansas next year, the plant's 974 workers will lose their jobs. They will not be the only ones who will feel the pain.

Allstate Corp posted a sharply smaller profit for the third quarter, as the largest publicly traded home and auto insurer in the United States lost more than $1 billion due to natural disasters.

DETROIT - U.S. auto sales in October are expected to have hit the highest rate in at least eight months, helped by pent-up demand from consumers trading in aging vehicles and a wider selection of Honda and Toyota brand cars and trucks.

Wall Street closed its best month in 20 years on a down note on Monday as the failure of trading firm MF Global Holdings Ltd and new worries about Europe's debt crisis hammered financial shares.

The 2011 Pan American games ended Sunday in a dazzling closing ceremony as the flag was passed to the 2015 host nation, Canada.

Anadarko Petroleum Corp reported a wider quarterly loss on Monday, as the U.S. oil and gas company spent $4 billion to reach a settlement with BP Plc over that company's Gulf of Mexico oil spill disaster last year.

Instead of checking the local newspaper or social networks, a new app takes the guesswork out of finding local events and what is happening nearby.

Newt Gingrich calls the Arab Spring the anti-christian spring, uses uprisings to criticize President Obama

When Whirlpool Corp closes its refrigerator factory in Fort Smith, Arkansas next year, the plant's 974 workers will lose their jobs. They will not be the only ones who will feel the pain.

SunTrust Banks Inc said on Monday it planned to drop a $5 monthly debit card service fee, adding the Atlanta-based regional bank to the list of lenders dropping such maintenance fees amid rising public criticism of the industry.

Research in Italy could lead to life-saving therapies.

With customers angry about new bank fees, credit unions have been trying to use the displeasure to gain more customers.

Wall Street closed its best month in 20 years on a down note on Monday as the failure of trading firm MF Global Holdings Ltd and new worries about Europe's debt crisis hammered financial shares.

Wall Street closed its best month in 20 years on a down note on Monday as the failure of trading firm MF Global Holdings Ltd and new worries about Europe's debt crisis hammered financial shares.

America's state governments won't see many revenue gains any time soon if they triumph in battles to tax sales by out-of-state Internet retailers, a leading Wall Street credit-ratings group said on Monday.

Rick Perry cannot count on winning the Republican primary in the state he has governed for 10 years, according to a new University of Texas-Texas Tribune poll.

Any economic benefit that might result from a U.S. tax holiday for overseas corporate profits could be muted, or even reversed, if it strengthened the U.S. dollar and weakened exports, according to a Congressional Research Service report.

SunTrust Banks Inc said on Monday it planned to drop a $5 monthly debit card service fee, adding the Atlanta-based regional bank to the list of lenders dropping such maintenance fees amid rising public criticism of the industry.

The final three bodies from the weekend Kansas grain elevator explosion were recovered this morning.

Barnes and Noble could be unveiling the new version of the Nook Color on Nov. 7 in New York.

As the world population reaches 7 billion on Oct. 31, we take a look at the impact the rising population will have on the world's megacities.

Air France canceled around 15 percent of flights Monday but claimed the upper hand in a dispute with striking cabin staff after two trade unions withdrew from the industrial action over reorganization of staffing on certain routes.

The U.S. government suffered a setback in its investigation of subprime fraud when a judge dismissed a case against two former State Street Corp executives accused of misleading investors in the summer of 2007 about a $2.9 billion fund loaded with exposure to risky mortgages.

HTC Corp warned its sales in the fourth quarter, traditionally a bumper sales season for smartphones, would drop below the previous quarter and analysts' forecasts as the Taiwanese firm struggles to compete against bigger rivals.

Honda Motor Co Ltd will temporarily cut production at its six plants in the United States and Canada due to parts shortages stemming from the flooding in Thailand, the company said on Monday.