IBT Staff Reporter

A top California lawmaker unveiled legislation on Friday to help advance a proposal for building a new stadium in downtown Los Angeles to bring the National Football League back to the second-largest U.S. city.

A darkening U.S. economic outlook is forcing Federal Reserve officials to dig ever deeper into an already depleted policy toolkit and consider measures until recently deemed too radical.

Ontario has ordered a full environmental review of a proposed mega-quarry backed by one of Boston's best-known hedge funds, a move that may threaten a project that has already raised local opposition.

The International Monetary Fund on Friday said it approved a $2.11 billion disbursement to help debt-stricken Ireland as part of a broader bailout package.

Venture capitalist Thomas Perkins said Friday he is not leaving the News Corp board because of the phone hacking scandal and is in full support of Chief Executive Rupert Murdoch and the board.

Veronica Campbell-Brown ripped Allyson Felix's 200 meters crown from her grip on Friday while another Jamaican scorched up the road to redemption and into the hearts of the Daegu crowd at the world athletics championships.

The fact that father and son took home more than $50 million last year will no doubt be the latest controversy facing the duo.

Tropical Storm Lee threatened the Louisiana coast with torrential rains and flooding on Friday, as offshore energy platforms and refineries along the coast braced for high winds and rising waters.

China's Communist Party control is at risk unless the government takes firmer steps to stop Internet opinion being shaped by increasingly organized political foes, a team of party writers warned in a commentary published on Friday.

Marketing engine Next Jump Inc agreed to stop emailing Borders Group Inc's customers while the parties hash out how to move forward in trademark infringement litigation, a lawyer for Borders said on Friday.

Halliburton Co is suing BP Plc for negligent misrepresentation, business disparagement and defamation related to BP's claims about who was to blame for last year's Macondo oil spill in the Gulf of Mexico.

The Washington National Cathedral, which will be visited by President Obama on Sept. 11, is installing safety netting installed across its interior vaulting to protect visitors from the possibility of falling debris.

Five patients being treated for eye disease went blind after being injected with injection drug Avastin at the Veterans Affairs medical center in Los Angeles, according to The New York Times.

Chris Jeon, a 21 year old college student at UCLA, thought fighting in a war would be a cool to spend his summer vacation. In reality, it's just dumb.

Toronto's main stock index dropped sharply on Friday morning after dismal U.S. jobs data signaled the frail state of the world's largest economy, but rallying gold miners helped break the fall.

Wall Street stocks dropped more than 2 percent on Friday as Labor Department data showed jobs growth flatlined in August, intensifying worries the economy is staggering.

Don't let the recession get you down: Vintage automobiles that belonged to celebrities are on display.

On vacation or teaching English, here's a guide to finding some uniquely Korean sights and tastes within the megacity that is Seoul.

The photo of Juan Osornio Martinez, a 55-year old homeless man who is suspected in a woman’s death has been released.

In a tough economy-spending on everything from cars to electronics to vacations takes a hit. But at least one luxury items has seen sales increases: Lottery Tickets.

New Argentina manager Alejandro Sabella started his era with a win against Venezuela, thanks to a second half goal from Nicolas Otamendi.

Campbell Soup Co reported higher-than-expected quarterly results on Friday as it spent less to promote its long-struggling U.S. soup business.

Joe Roth has risen again to be one of Hollywood's most prolific producers, so it's easy to forget that he undertook one of the most: disastrous studio ventures in recent times with Revolution Studios.

In a rare interview about his eight-year attempt to mount an independent movie production studio, producer Joe Roth reflected on what went wrong at Revolution Studios and why.

James Gandolfini might want to pack a parka for his next project.

The Food and Drug Administration warned on Thursday that serious allergic reactions have been reported with the use of Merck & Co Inc's antipsychotic drug Saphris.

Starbucks Corp chief executive Howard Schultz urged members of the public on Friday to join a novel campaign he launched last month seeking to break partisan gridlock in Washington and spur economic growth.

After three seasons, TNT has canceled the medical drama HawthoRNe, the network said Friday.

Singer Mel B, who rose to fame with British girl band Spice Girls, has given birth to a baby girl.