IBT Staff Reporter

Nearly a year after launching ambitious reform plans, the top cop for U.S. futures markets, Gary Gensler, is beset by dissent from inside his agency and political attacks from outside it.

Billionaire Barry Diller's IAC/InterActiveCorp named Chelsea Clinton to its board, the U.S. online media holding company said in a regulatory filing on Monday.

Regulators disclosed they may take action against Standard & Poor's for securities law violations after the ratings agency gave top grades to a package of securitized mortgages in 2007 that quickly soured.

Forty-two countries are close to agreeing an upgrade of their Global Procurement Agreement , a reform that could unlock tens of billions of dollars of commercial opportunities, and many times more if China gets on board, trade sources said on Monday.

The Philadelphia Flyers and New York Rangers will take their rivalry outside as the two teams are set to clash in the 2012 Winter Classic, the National Hockey League (NHL) said on Monday.

T-Mobile USA plans next month to launch two smartphones that double the speed of its wireless data service in the hope of attracting new customers to the No. 4 U.S. mobile provider.

Verizon Wireless has called on Apple to stop opposing the Galaxy line of Samsung electronic devices, saying that continuing to do so will harm efforts to roll out 4G technology.

European Union lawmakers want to change how globally agreed bank capital rules will be applied in the 27-nation bloc, a move that risks a backlash in the United States.

Although Pan Am has been resurrected in ABC’s new television series, the former king of the skies is one of many defunct airlines that have graced North American airspace. Here's a look at some of the great - and not so great - airlines of the past.

Stocks rose on Monday as sentiment swung in favor of hope that European officials would find a way to cut Greece's debt and shore up European banks.

Apple Inc shares pared some of its losses after it fell over 3 percent in early trading on Monday following an analyst report that said the company was cutting orders from suppliers of parts for its iPad tablet.

Canada's energy minister shot back on Friday at Hollywood celebrities protesting a plan to build a $7 billion oil pipeline to Texas from Alberta in the first public indication that the protests are getting under Ottawa's skin.

Blogging platform Tumblr raised $85 million in a venture capital funding round led by Greylock Partners and Insight Venture Partners, plus the Chernin Group and Sir Richard Branson.

Goldman Sachs Group Inc.'s board of directors has won the dismissal of a lawsuit seeking to recover billions of dollars of bonus payouts and other compensation awarded for 2009.

Sales and prices of new single-family U.S. homes fell in August despite historically low mortgage rates, underscoring the difficulties policymakers face in efforts to boost the moribund housing sector.

Two top Federal Reserve officials on Monday defended the central bank's most recent effort to boost growth, with one suggesting further steps may be justified.

The top two UBS executives on Monday told U.S. brokers that the sudden departure of group chief executive Oswald Grubel will not lead to a sale of the unit.

More Chinese police should use microblogs to give the public correct facts and release authorized information to dispel misunderstandings, the Ministry of Public Security said on Monday, in a new effort to counter critics of the government.

Late last Friday afternoon, as Formula One teams readied their cars for a practice session ahead of the Singapore Grand Prix, the entrance hall of the nearby Ritz-Carlton buzzed with activity.

Stocks were mixed in volatile trading on Monday as euro zone officials played down reports of plans to slash Greece's debts and recapitalize European banks to cope with the fallout and after a decline in U.S. home sales.

Boeing finally delivered the first 787 Dreamliner to All Nippon Airways Sunday after years of delays; the plane will offer greater passenger comfort and huge fuel savings for airlines.

Protesters leading a massive public sector strike that has caused power cuts, delayed trains and shut schools threatened on Monday to shut down business in one of India's leading technology industry cities for a day later this week.

Samsung Electronics Co and Apple Inc fought the latest battle of their patent wars on Monday when the Korean firm urged a Dutch court to ban Apple's iPads and iPhones in the Netherlands.

Verizon Wireless, the biggest U.S. mobile provider, has taken a legal stand against Apple Inc's request to ban the sale of some Samsung Electronics Co devices in the United States.

Euro zone officials are working on ways to magnify the financial firepower of the euro zone's rescue fund to fight a sovereign debt crisis more effectively, a senior European Central Bank policymaker said on Monday.

Stocks rose in a choppy session on Monday on optimism Eurozone officials would develop plans to slash Greece's debts and recapitalize European banks in the latest effort to tackle the region's debt woes.

Stocks rose in a choppy session on Monday on optimism euro zone officials would develop plans to slash Greece's debts and recapitalize European banks in the latest effort to tackle the region's debt woes.

As Occupy Wall Street entered its second week of protest marches, around 80 protesters were arrested on Saturday.The arrests were made as the propesters marched from their encampment in Zuccotti Park to Union Square, for disorderly conduct and obstructing vehicular and pedestrian traffic in addition to one for assaulting a police officer, according to police.

A dead NASA Upper Atmosphere Research satellite fell on Earth on Saturday,k but it is not known where the crashed remains are.