IBT Staff Reporter

AMR Corp, parent of American Airlines reported a larger-than-expected quarterly loss as the company felt the effects of high fuel costs and volatile foreign exchange rates.

The Securities and Exchange Commission has launched a broad, agency-wide review of exchange-traded funds to ensure they are adequately transparent and not fueling market volatility, a top agency official told lawmakers on Wednesday.

GOP presidential candidates Ron Paul and Herman Cain went at each other over the burgeoning Occupy Wall Street Protests during Tuesday's debate.

The Bank of Canada will keep rates on hold until the third quarter of next year amid slow global growth and the risk that Europe's debt crisis will linger on, according to a Reuters survey released on Tuesday.

Formula 1 is all set to make a competitive return to the United States of America. The re-introduction of Formula 1 – administered by the Federation Internationale de l'Automobile (FIA) and enormously popular across Europe and Asia – will certainly throw up comparisons between IndyCars and F1, if only because the latter is, in terms of racing designs and category of race car, the closest thing to an IndyCar.

Apple Inc shares were down about 5 percent in premarket trading on Wednesday, the first day after a rare quarterly earnings miss, but analysts called the results a blip and said it presented a buying opportunity.

The Nasdaq fell on Wednesday after technology heavyweight Apple missed earnings expectations, while the other big indexes were little changed after a run-up in the last session on a report Europe would beef up its crisis fund.

Yue Yue, a two-year-old toddler, was run over twice by a van, once more by a truck, and ignored by 18 passersby as she lay bleeding in the middle of a market street in China.

The U.S. has deported 400,000 illegal immigrants in the past year, the largest one-year total ever, and an increasing number -- 55 percent -- were convicted criminals.

The Nasdaq fell at the open on Wednesday after Apple missed earnings expectations, while the other big indexes opened little changed after a run-up in the last session on a report Europe would beef up its crisis fund.

Microsoft CEO Steve Ballmer is back at it again at the Web 2.0 summit, bashing Google Apps, Android and even Apple iPhone asking to compare the appeal of Windows phone with Android phone and iPhone.

Remake of Classic game Halo: Combat Evolved gets remaster campaign, remade multiplayer maps and Kinect features.

Pictures of a one-eyed shark met with skepticism but was proved by scientists to be genuine.

Some of Apple Inc's suppliers in China have once again come under scrutiny, with state broadcaster China Central Television accusing them of causing pollution.

This year, Steve Jobs ranks number one on AskMen's Top 49 Most Influential Men of 2011. Amongst celebrities, musicians, and sports stars, Apple CEO Jobs snagged first place for having made the biggest impact.

Morgan Stanley reported a third-quarter profit and its trading and merger advisory businesses performed better than competitors'.

The Nasdaq was set to fall on Wednesday after technology heavyweight Apple missed earnings expectations, while the other big indexes looked to open little changed after a run-up in the last session on a report Europe would beef up its crisis fund.

Consumer prices outside food and energy rose at their slowest pace in six months in September as the cost of apparel and used vehicles fell, suggesting inflation pressures remained contained.

Applications for U.S. home mortgages tumbled nearly 15 percent last week as demand for both refinancing and purchases evaporated, while interest rates climbed, an industry group said on Wednesday.

Consumer prices outside food and energy rose less than expected in September to post their smallest gain in six months, a government report showed on Wednesday, suggesting inflation pressures remained contained.

On Tuesday, the European Union's Court of Justice in Luxembourg ruled that stem cell patents involving human embryos would not be allowed. Although stem cell research remains controversial, very few countries have put a ban on it.

Details on the defunct ROSAT satellite as it falls to Earth.

Dark matter, one of the great question marks at the heart of modern astrophysics, has always been mysterious, but new findings seem to indicate that we know even less about it than we thought we did.

Children stayed home from school and everyone stayed off the road Wednesday morning as police continued to hunt for the escaped wild animals.

Groupon Inc is pushing ahead with plans to go public in the face of a volatile equity market, a recent executive departure and questions about its accounting and financial disclosures, sources said on Tuesday.

BlackRock Inc's third-quarter profit increased 8 percent as investors sought out the firm's exchange-traded funds despite tough market conditions.

Morgan Stanley reported a third-quarter profit, reversing a year-earlier loss, helped by a large accounting gain that stemmed from declines in the value of its debt.

Nasdaq index futures fell on Wednesday after technology heavyweight Apple missed earnings expectations, while the broader market was little changed after a big run-up in the last session on a report Europe may beef up its crisis fund.

Switzerland should not agree to tax deals with countries beyond the European Union so as to ease economic integration with the bloc and avoid even bigger costs for Swiss banks, the deputy head of the Geneva Financial Center said on Wednesday.