IBT Staff Reporter

A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip company Olympus Corp, according to documents provided by the company's ex-CEO.

Regulators closed four banks in the United States on Friday, including one in Colorado with over $1 billion in assets, bringing the total number of closures this year to 84.

Regulators closed four banks in the United States on Friday, including one in Colorado with over $1 billion in assets, bringing the total number of closures this year to 84.

Japan's finance minister said on Saturday he would take decisive action against excessive and speculative yen moves, Kyodo news agency reported, threatening to conduct currency intervention after the yen rose to a record high against the dollar.

A looming shortage of hard drives caused by floods in Thailand threatens to disrupt computer manufacturers as soon as December and hurt tech giants like Intel , Apple and Dell .

Goofball, visionary, opportunist, maverick: Andrew Mason invites all manner of description but the one thing all agree on is that the Groupon CEO is one shrewd customer.

With ratings for Game 2 of the World Series on Fox still pending, CBS currently holds the top ratings slot for Thursday, thanks largely to the top-rated The Big Bang Theory and a strong season premiere for Rules of Engagement, according to preliminary numbers.

If it's late October, the weekend box office now belongs to Paranormal Activity.

New York Times bestselling author Gregg Olsen has sold the movie rights to his young adult novel series Empty Coffin to independent financier and production company Kerry Kimmel & Pollack and Eric Thompson's Vigilante Entertainment, the companies announced.

A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip company Olympus Corp , according to documents provided by the company's ex-CEO.

The promotional trailer for Angelina Jolie's film directoring debut, In The Land of Blood and Honey, hit theaters Friday, giving a glimpse of the movie about love and violence in war-torn Bosnia.

Ashton Kutcher still hasn't directly addressed tabloid reports that he cheated on wife Demi Moore -- but he's certainly perfecting his ability to tease the public via social media.

Fox paid $425 million to win the rights to broadcast the 2018 and 2022 FIFA World Cup in the United States, and Telemundo paid $600 million for Spanish-language U.S. rights, an individual with knowledge of the bidding tells TheWrap.

The creators of the umpteenth new adaptation of The Three Musketeers decided that the classic novel really needed a giant blimp battle, high-tech booby traps, bird droppings, Matrix-esque slo-mo fight scenes and scads of computer-generated French soldiers.

Actress Zsa Zsa Gabor returned home from a hospital on Friday after recovering from two stomach surgeries and suffering a bout of pneumonia.

New films from international auteurs Bela Tarr, Nuri Bilge Ceylan, Hong Sang-Soo, Chantal Akerman, Jean-Marc Vallee and Dogtooth director Yorgos Lanthimos will come to Los Angeles for the upcoming AFI Fest 2011, festival organizers announced on Friday.

News Corp shareholders reelected the media conglomerate's board of directors on Friday and failed to approve a proposal to oust Rupert Murdoch from his chairman post.

Using contentious barbs and comedic relief, Rupert Murdoch deflected attempts by angry investors to remove him as chairman of his News Corp empire at the company's annual meeting on Friday.

Actress Lindsay Lohan arrived on time to her court-ordered community service at a morgue on Friday, after nearly jeopardizing her probation one day earlier by turning up late and being refused entry.

Groupon Inc plans to raise as much as $540 million in an initial public offering, less than previously planned, as the daily deals website grapples with a weak equities market, executive departures and questions about its accounting and business model.

U.S. oilfield services company Halliburton Co conducted an internal investigation of its Angolan operations after an anonymous email alleged its employees breached corruption laws.

Groupon Inc faces its toughest sales pitch next week when the daily deals website launches a roadshow to persuade investors to buy shares in its initial public offering.

The first Mexican truck bound for the U.S. interior crossed at the international bridge at Laredo, Texas, on Friday, carrying electronic equipment destined for suburban Dallas and fulfilling a controversial provision of the 1994 North American Free Trade Act.

Anti-Wall Street protesters joined Verizon Communications workers on Friday in a march to denounce corporate greed as the company and 45,000 employees negotiate a new labor contract.

A toddler, who was ran over twice by vans and then ignored by passers-by, died Friday a week after the accident.

Private investors would have to forgive 60 percent of what Greece owes them to make its debt sustainable by 2020 and for a euro zone loan package to stay at the 109 billion euros ($151 billion) agreed in July, a report by international lenders said.

Prospects for corporate earnings are appearing comparatively dimmer in the coming quarters -- even though reports so far this quarter have been looking relatively bright.

The Federal Reserve is worried about the U.S. economy's health and is looking at ways to offer more monetary stimulus, the central bank's influential vice chair, Janet Yellen, said on Friday.

France's stock market regulator has recommended French banks take a bigger loss on their exposure to Greek government bonds, the Financial Times reported on Friday.