IBT Staff Reporter

UBS chief executive Oswald Gruebel said on Wednesday he still has support from the Swiss bank's board of directors, after unauthorized trading caused a $2.3 billion loss.

Design software maker Adobe Systems Inc's sales outlook for the fourth quarter was buoyed by new customer additions, allaying investor fears of a slowdown in its growth.

Microsoft Corp announced a 25 percent increase in its quarterly dividend on Tuesday to 20 cents per share, as the technology giant hands more cash back to shareholders frustrated with its stagnant share price.

Oracle Corp posted quarterly revenue slightly above Wall Street expectations, defying a weak outlook for global technology spending.

Greece pledged to bring forward painful austerity measures on Tuesday, convincing international lenders to return to Athens early next week for talks that it hopes will secure the aid it needs to avert bankruptcy.

Oracle Corp forecast earnings for the current quarter that are higher than expected, as well as robust software sales, offering some reassurance to investors hoping that global technology spending is holding up.

U.S. prosecutors made new allegations on Tuesday in a probe of the Full Tilt Poker website, accusing self-styled Poker Professor Howard Lederer and professional poker champion Christopher Ferguson and others of paying themselves more than $440 million while defrauding other players.

A tentative contract between General Motors Co and the United Auto Workers union adds U.S. factory jobs and replaces traditional wage increases with profit-sharing, union officials said on Tuesday.

UBS Chief Executive Oswald Gruebel will ask the Swiss bank's board to back plans for a radical overhaul of investment banking under his leadership at a meeting in Singapore, after unauthorized trading caused a $2.3 billion loss.

Oracle Corp posted solid quarterly results that appeared to defy a weak global technology spending outlook but its weakening hardware sales left investors unimpressed.

HTC Corp is hoping to attract fashion-conscious customers by adding color and accessories to its smartphones as it tries to expand into a new market segment amid slowing growth.

Cell phones may bring relief to famine victims in parts of Somalia controlled by al Shabaab insurgents as donors seek new ways to circumvent the hard-line militants, a senior U.S. official said on Tuesday.

Europe will come under heavy pressure this week to stem its deepening debt crisis but talks among the self-proclaimed guardians of global finance are unlikely to yield bold action.

Republican presidential candidate Michele Bachmann has a new target: Food regulations.

Fox's New Girl could be the breakout hit of the Fall.

Rick Perry still holds a sizable lead over Mitt Romney among Republican primary voters, but Romney does better among the general electorate, according to the latest Gallup poll. Ron Paul came in third, and Michele Bachmann fell into single digits.

The chances of an interloper appear slim in the ongoing deal discussions between United Technologies Corp and Goodrich Corp , according to people familiar with the matter, removing one potential hurdle for United Tech in acquiring the aerospace company.

Europe needs to get its act together and deal with its worsening sovereign debt crisis, the International Monetary Fund said on Tuesday, warning of the risk of severe repercussions for global growth.

A former Silicon Valley sales manager was found guilty of conspiracy charges on Tuesday in connection with the U.S. government's crackdown on insider trading.

Rupert Murdoch's News Corp bought back more than $1 billion of its shares in the last month, according to a filing, as it seeks to improve relations with shareholders frustrated by what they say is the media company's unpredictable capital allocation strategy.

Greece promised more cuts to its bloated public sector on Tuesday and held a second conference call in two days with its international lenders, whom it must convince to extend more loans to prevent its coffers running dry next month.

If you’re the type of person who walks around the apartment naked as much as possible, perhaps a nudist vacation is just right for you. Bare Oaks Family Naturist Park offers just the opportunity!

Oracle Corp posted quarterly revenue slightly above Wall Street expectations, defying a weak outlook for global technology spending.

The Clinton-era don't ask, don't tell military policy, under which service members were forbidden to come out as gay, was officially repealed on Tuesday. Here's what politicians and military officials are saying.

Family Guy creator Seth MacFarlane is often referred to as the Roast Master hosted the episode for the actor, 46, who was the dishonored guest of honor at the raunchy fest.

Facing a recession-weary public and approval ratings hovering in the 40's, President Obama and his team has been successful at one task: Fundraising.

If AT&T Inc fails to convince U.S. regulators that its proposed purchase of Deutsche Telekom AG's T-Mobile USA should go ahead, the pair may end up having to settle for a lesser relationship.

The head of Arab TV channel Al Jazeera said on Tuesday he was leaving the network, but gave no reason for his departure at a time when the station's coverage has played an important role in unprecedented protest movements rocking the Arab world.

Google Inc and Facebook trotted out a variety of new social networking features in back-to-back announcements on Tuesday, underscoring their intensifying competition for Web surfers.