IBT Staff Reporter

IFC Films has acquired U.S. rights to Edwin Boyd, the bank-robber movie that won Best Canadian First Feature at this year's Toronto International Film Festival.

Besides being the familiar appellation for a potent alcoholic liquor, the word rum can also mean -- it's a colloquial Briticism -- that something is a little off, a tad peculiar.

Two labor groups say that satellite radio company SiriusXM is proposing a blatantly anti-artist and anti-union deal that would make it difficult for artists to recoup their royalties.

Two labor groups say that satellite radio company SiriusXM is proposing a blatantly anti-artist and anti-union deal that would make it difficult for artists to recoup their royalties.

Paramount Pictures is laying off about 120 people in a reorganization of its global theatrical division, the company announced Thursday.

During its run, NBC's To Catch a Predator was typically in the position of stopping crime. But now the show has found itself in its own legal entanglement.

Redbox announced that its famous -- or infamous, if you happen to work for a major studio -- $1-night-rental price is being upped to $1.20.

With India set to host its first Formula One race this weekend, here's a look at some pictures which caught the eye.

- Top Chinese search engine Baidu Inc forecast strong sales that topped Wall Street estimates, after reporting robust quarterly earnings, shrugging off concerns that a weak economy could hit advertisers.

Third-quarter profit at Canadian Oil Sands Ltd (COS.TO: Quote), the biggest partner in the Syncrude Canada Ltd joint venture, rose 25 percent on higher oil prices and increased production, the company said on Thursday.

Canadian patent licensing company Mosaid Technologies (MSD.TO: Quote) said late on Thursday that it agreed to be bought by U.S.-based private equity firm Sterling Partners for C$590 million ($596 million), which trumped a hostile bid from rival Wi-Lan Inc (WIN.TO:Quote) for C$532 million.

Canada's murder rate in 2010 fell to a 44-year low of just 1.62 per 100,000 people, official data showed on Wednesday, just a day after the government said it would ease the country's strict gun laws.

The Toronto Maple Leafs rallied for a 4-2 victory over the Rangers Thursday, taking advantage of two disallowed goals to ruin New York's chances of winning their home opener.

Elected a year ago on a populist promise to stop the spending gravy train, Toronto's mayor has become Canada's second least popular big-city politician on growing disillusionment after a series of public blunders and fear of service cuts.

Asian stocks are poised for their best week in nearly three years after a long-awaited plan to resolve the European debt crisis encouraged investors to put money back into riskier assets such as the euro and commodities.

Research In Motion has parted ways with a senior executive involved with the company's move into cloud-based services, adding to a string of high-level departures from the BlackBerry maker.

Samsung Electronics Co surpassed Apple Inc as the world's top smartphone maker with more than 40 percent shipment growth, and forecast strong sales in the fourth quarter, as it aims to consolidate its lead against rivals.

Shares of Chinese search engine Baidu Inc surged more than 7 percent on Thursday after the company topped Wall Street financial targets, shrugging off concerns that a weakening Chinese economy could hamper its growth.

Some customers are moving money away from struggling futures brokerage MF Global Holdings Ltd, according to hedge funds, rivals, and analysts, though the extent of the outflows is unclear.

Electronic Arts Inc's second-quarter results beat Wall Street estimates and the video game maker raised its earnings forecast because of the upcoming holiday title Star Wars: The Old Republic, which it expects to be a hit.

Samsung Electronics Co, the world's top technology firm by revenue, reported a 13 percent fall in quarterly profit, as the stellar performance of its handset business was overshadowed by a slump in its mainstay chip division.

Samsung Electronics Co, the world's top technology firm by revenue, reported a 13 percent fall in quarterly profit, as the stellar performance of its handset business was overshadowed by a slump in its mainstay chip division.

Stocks surged 3 percent on Thursday as an agreement by European leaders to help contain the region's two-year debt crisis lifted a cloud hovering over markets.

Motorola Mobility Holdings Inc's third-quarter revenue rose at a slower pace than Wall Street estimates as it shipped fewer smartphones than expected.

The Securities and Exchange Commission scolded the self-policing brokerage industry group FINRA on Thursday for allegedly doctoring internal documents before handing them over to examiners.

Despite all the rumored interest in Yahoo Inc, progress on a deal has hit a brick wall mainly due to the company's lack of strategy and restrictive confidentiality agreement, people familiar with the situation said.

Advanced Micro Devices Inc forecast higher fourth-quarter revenue as it recovers from a manufacturing setback that has pinched the supply of its new personal computer processors.

In 14 lines engraved on a plaque on the pedestal of the Statue of Liberty, Emma Lazarus (1849-1887) captured the belief in the American Dream that has defined the United States' self-image for more than a century and moved millions of immigrants to seek refuge here.

Singer Marie Osmond was rushed to a hospital in Las Vegas with concerns about her voice following a show with her brother Donny, but was later diagnosed with bronchitis, her spokesman said on Thursday.