IBT Staff Reporter

A stretch of Los Angeles freeway will be closed for several hours on Sunday while authorities blow up three compressed hydrogen tanks that were damaged in an explosion and fire, officials said.

Bill Gross, manager of the world's largest bond fund, apologized to his investors late Friday for his poor performance, saying, I'm just having a bad year.

The world's leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone's sovereign debt crisis which is endangering the world economy.

Bill Gross, manager of the world's largest bond fund, apologized to his investors late Friday for his poor performance, saying I'm just having a bad year.

Sonic Youth co-founders Thurston Moore and Kim Gordon have separated after 27 years of marriage and the future of the noise-rock band is uncertain, its label's parent company said on Saturday.

It was supposed to be Robert Downey Jr.'s night, but somehow Friday's American Cinematheque Award ceremony became all about Mel Gibson.

Herman Cain has soared to the top of the Republican presidential polls by touting his 9-9-9 tax plan as the solution to everything from unemployment to deflated housing prices.

The United Auto Workers leadership pushing for ratification of a new four-year labor contract with Ford Motor Co made fresh gains on Saturday with nearly half of the worker vote counted, a union online update showed.

Ireland has come to grips with its banking problems, but it will not be able to pop the champagne until its unemployment rate starts to come down, a senior official with the International Monetary Fund said Saturday.

Ireland has come to grips with its banking problems but it will not be able to pop the champagne until its unemployment rate starts to come down, a senior official with the International Monetary Fund said on Saturday.

The Bank of Canada won't be trigger happy as it mulls what to do on interest rates, but has room to ease policy if it needs to kick start the economy, central bank Governor Mark Carney said.

Saudi Arabia's central bank is not interested in buying distressed or speculative assets such as troubled European debt and gold, and the OPEC member's banks are well-positioned to withstand the Eurozone crisis.

Saudi Arabia's central bank is not interested in buying distressed or speculative assets such as troubled European debt and gold and the OPEC member's banks are well positioned to withstand the euro zone crisis, its head said on Saturday.

The International Monetary Fund called on Saturday for an EU-wide deposit insurance scheme and more coordinated regulation of the continent's banks to prevent contradictory national regulation from exacerbating its debt crisis.

G20 finance ministers and central bank governors put strong pressure on euro zone leaders at a two-day meeting in Paris to come up with a convincing solution to the bloc's debt crisis and avert the risk of a fresh global recession.

U.S. economic growth has gained some strength, but remains too slow, and it would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said Saturday.

Economic growth has gained some strength but remains too slow and would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said on Saturday.

October is a busy month for Kansas farmer Darin Grimm. With 2,000 acres of corn and soybeans to harvest, the third-generation family farmer is running a combine nearly dawn to dusk.

The European Central Bank signaled on Saturday it would not abruptly end its bond-buying program now that the euro zone bailout fund EFSF has powers of secondary market intervention and would wait until financial markets stabilize.

Germany's private banks called for euro zone policymakers to finally accept that Greece is insolvent and also pressed for rules that would force lenders to set aside capital on their balance sheets for government bonds, a magazine reported.

Proposals to double the size of the IMF as part of a broader international response to Europe's debt crisis ran into resistance from the United States and others, burying the idea for now and putting the onus firmly back on Europe.

A Canadian mining company and a tiny South Carolina town are leading what could be a modern gold rush to the southeastern United States.

Finance ministers and central bankers from the world's top economies backed on Saturday a mandatory capital surcharge on big lenders of up to 2.5 percent to be phased in from 2016, dealing a blow to banks hoping for a rethink or delay.

Greece could use state-owned real estate assets as collateral for new bonds to raise more than 100 billion euros ($138.7 billion), under a proposal put forward by a leading Greek think-tank and a former conservative minister.

A memorial service for Steve Jobs will be held at Stanford University on Sunday, Oct. 16, in the evening as a private service.Gov. Jerry Brown named Oct. 16 as Steve Jobs Day in the honor of the Apple co-founder and visionary.

As the search for missing baby Lisa Irwin wraps up its second week with few clues, an anonymous wealthy benefactor offered a $100,000 reward for the safe return of 10-month-old Lisa.

Price cuts seem to be the latest trend, designed to attract attention, in the tablet market - Motorola has priced its Xoom tablet at $379, $120 less than the standard Xoom.

The world's leading economies kept pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.

Finance ministers and central bankers from the world's top economies are set to back mandatory capital surcharges on big lenders of as much as 2.5 percent to be phased in beginning in 2016.