IBT Staff Reporter

The world's biggest food group Nestle on Thursday raised its sales growth outlook for the year after price hikes and strong demand in emerging markets helped its underlying sales rise more than expected in the first nine months of 2011.

The New York Film Critics Circle announced on Wednesday that it will move its year-end vote for the best films of 2011 from mid-December to November 28, making it the first critics' group to announce its winners.

Hustle & Flow producer John Singleton filed a lawsuit against Paramount Pictures and MTV Films Wednesday, claiming that they reneged on elements of the deal that they struck at the Sundance Film Festival for the 2005 film.

From Martin Scorsese to Steven Spielberg, Matt Damon has worked with some of Hollywood's greatest directors.

Former New York Mets star Lenny Dykstra pleaded no contest on Wednesday to grand theft auto charges stemming from what prosecutors said was a scheme to lease cars using phony business and credit information.

Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.

Wednesday, Oct. 19, marks Apple's company-wide memorial service for deceased co-founder Steve Jobs.

Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.

Europe's plan to strengthen its banking system is set to fall well short of market expectations, the Financial Times reported on Thursday.

Google has revealed the Samsung Galaxy Nexus, the latest Google phone that serves as the trend-setter for Android devices also revealed this week.

Rihanna unveiled her new music video Wednesday for her single We Found Love, which shows the singer experimenting with drugs, kissing her rumored boyfriend Dudley O'Shaughnessy and, let's not forget, going topless.

Aren't the Marines supposed to be tough?

Hit Off-Broadway play Peter and the Starcatcher, a prequel to the classic tale of Peter Pan, is making it to the Great White Way in 2012, its producers said on Wednesday.

It's been a whirlwind month, to say the least, for rapper T.I.

A medical expert testified on Wednesday that Michael Jackson's doctor acted more like an employee than a physician by agreeing to give the pop star nightly doses of the potent anesthetic propofol to treat insomnia.

Plans to tackle the euro zone debt crisis have stalled with Paris and Berlin at odds over how to increase the firepower of the region's bailout fund, French President Nicolas Sarkozy said on Wednesday.

Swiss bank UBS AG's caretaker chief executive Sergio Ermotti has ruled out a sale or spinoff of the investment bank and is planning to shrink the investment-banking unit, the Wall Street Journal reported.

Swiss bank UBS AG's caretaker chief executive Sergio Ermotti has ruled out a sale or spinoff of the investment bank and is planning to shrink the investment-banking unit, the Wall Street Journal reported.

A U.S. federal judge in Florida postponed the arraignment hearing on Wednesday of a Credit Suisse banker accused of helping wealthy Americans hide their money from U.S. tax authorities.

Panasonic Corp will reduce plasma TV panel production and cut up to several thousand jobs, as its loss-making television unit struggles to compete with Asian rivals, domestic media reported on Thursday.

Law firms in the United States and Canada are exploring possible consumer lawsuits against Research In Motion Ltd for last week's BlackBerry outages, which for three days crippled email and messaging for tens of millions of users around the world.

The United States is pressing China to explain why its national firewall blocks so many U.S. companies from providing their services via the Internet, according to a letter obtained on Wednesday that is another sign of growing trade tension between the world's two largest economies.

American Airlines and its pilots resumed contract talks on Wednesday with the company's chief executive saying achieving the kind of labor-cost reductions management wants to nail down will not be easy.

Tuesday's Republican presidential debate in Las Vegas hit the ratings jackpot for CNN.

In addition to the usual lines we'll be hearing at the next Academy Awards show -- I'd like to thank the Academy, It's an honor just to be nominated, and all the other cliches -- there's a pretty good chance that something else will be heard at the Kodak Theater:

Occupy Wall Street protesters may get a new platform to voice their opinions after MTV's The Real World reality TV show posted a casting call reaching out to supporters of the movement.

U.S. stocks fell on Wednesday as traders, after sitting on their hands for most of the day, jumped to sell in a hair-trigger reaction to fresh reports underscoring that Europe remains far from a solution to its debt crisis.

The Kindle Fire tablet may be the hottest selling gadget this holiday, pressuring Amazon.com Inc's profit margins but giving the world's largest Internet retailer potentially millions of new high-spending customers.

Dozens of large exotic animals including tigers, lions and bears were hunted down and shot after their owner opened their cages at his Ohio farm and then committed suicide, officials said on Wednesday.