IBT Staff Reporter

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Wall St recovers late from euro zone battering

Stocks rose on Monday, bouncing back in late trading, as hopes that Italy could get financial support from China tempered investors' worst fears over the euro zone's sovereign debt crisis.

BlackRock's CEO says money managers have been hurt

Tumultuous markets and financial problems in Europe are hurting profits in the asset management industry, according to Laurence Fink, chief executive of BlackRock Inc , the world's largest asset manager.

BlackRock's Fink says markets hurt money managers

Tumultuous markets and financial problems in Europe are hurting profits in the asset management industry, according to Laurence Fink, chief executive of BlackRock , the world's largest asset manager.

Giffords to give first TV interview in November

Gabrielle Giffords, the Arizona congresswoman who survived an assassination attempt in January, will give her first television interview since the shooting to ABC journalist Diane Sawyer in November, ABC News said on Monday.

Playboy goes retro, slashes price to 60 cents

It was among the most exciting periods of Playboy founder Hugh Hefner's life, so what could be better in a bad economy than to retrace the 1960s' good times and give readers a break on the price of his magazine?

Chipmaker Broadcom to buy NetLogic for $3.7 billion

Chipmaker Broadcom Corp plans to buy NetLogic Microsystems Inc for about $3.7 billion to expand its lineup of chips used in wireless network equipment to take advantage of growing demand for mobile data services.

Williams loses control as Stosur wins in U.S.

Australia's Sam Stosur tamed her own pounding heart and repelled everything -- both good and bad -- that Serena Williams hurled at her to win the U.S. Open crown and her first grand slam singles title on Sunday.

Exclusive: Holiday shoppers to spend less

Most than a quarter of Americans expect to spend less during the holidays this year, a survey showed on Monday in an early sign that retailers will have to try harder to win shoppers in the biggest selling season of the year.

TSX slides on Greek-default, growth fears

Toronto's main stock market index fell sharply on Monday morning following a steep sell-off in global equities and commodities on mounting fears over Europe's debt crisis and slowing global growth.

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