IBT Staff Reporter

August was a rotten month for stocks and it wasn't much kinder to some of the world's most successful hedge fund managers, early returns show.

The global economy faces risks from both slowed growth and persistent inflationary pressure, which is spilling over from emerging to advanced economies, Ma Delun, a vice-governor at China's central bank, said in comments reported on Friday.

Starz Entertainment will pull all of its movies and television shows from Netflix Inc's streaming service early next year, depriving Netflix customers from online viewing of new releases out of two major Hollywood studios.

An Ohio judge dismissed antitrust claims on Wednesday in a case against Google, handing the company a victory as it faces a separate federal investigation into its search results.

Google's planned purchase of Motorola Mobility Holdings Inc will not influence an ongoing antitrust probe into the Internet search engine, the EU's antitrust chief said on Thursday.

Jim Sinegal built a retail empire with a simple credo: don't overcharge for anything, not even hot dogs.

Charles Schwab Corp (SCHW.N) on Thursday completed its $1 billion deal to acquire optionsXpress (OXPS.O), expanding its options and futures reach at a time when other brokerage sectors have stalled.

Starz Entertainment will pull its movies and shows from Netflix Inc's popular video streaming service by next February after renewal talks failed.

Euro zone governments are moving toward a compromise in a row over a bilateral deal between Finland and Greece that gives the Nordic country collateral in return for loans to Athens that other members of the currency bloc do not get.

Oracle Corp suffered a significant setback as a U.S. judge discarded its $1.3 billion jury verdict against SAP AG, paving the way for a possible new trial in the years-long dispute.

Samsung has unveiled two of its newest weapons in the battle against Apple, the Galaxy Note and the Galaxy Tab 7.7.

Wall Street's four-day rally ground to a halt on Thursday, with major indexes falling 1 percent on caution ahead of a key labor market report expected to underscore fears the economy is headed for another recession.

Manufacturing unexpectedly grew in August and fewer Americans filed new claims for jobless aid last week despite a slump in confidence that threatened to push the economy back into recession.

European politicians on Thursday rejected an International Monetary Fund call for banks to raise up to 200 billion euros ($290 billion) in new capital, adding to fears that policymakers may be underestimating the severity of the debt crisis.

The Federal Reserve ordered Goldman Sachs Group Inc to hire a consultant to review practices of a former mortgage subsidiary on Thursday and said it plans to assess a monetary penalty for wrongful foreclosures.

It's time for college football to quit the farce when it comes to conferences and college football.

Auto sales rose slightly in August from a month earlier, defying forecasts for a slowdown in a month that began with a plunge on Wall Street and ended with an East Coast hurricane.

FreedomWorks, a Washington D.C.-based tea party organization led by former House Majority leader Dick Armey, has ended its involvement and will protest Sunday's Reclaiming America tour in Concord, N.H., since former Massachusetts Gov. Mitt Romney will headline the event.

U.S. Tennis star Venus Williams withdrew Wednesday from the U.S. Open after recently being diagnosed with an energy-draining autoimmune disease called Sjogren's syndrome.

Professional football fans knew that even if the National Football League and its players' union had not resolved their labor dispute, they could rely on John Madden's football videogame to deliver a new season of gridiron action.

Wall Street's four-day rally ground to a halt on Thursday, with major indexes falling 1 percent on caution ahead of a key labor market report expected to underscore fears the economy is headed for another recession.

An iPad app gives users access to more than 6,000 corporate white papers.

It is a mistake to focus just on a hurricane's wind speed. Of the most catastrophic hurricanes in United States history, the majority were so devastating because of the flooding caused by a combination of heavy rainfall and storm surges, not because of the winds themselves.

When the Justice Department stomps in to block a $39 billion deal that would have brought 5,000 jobs to the United States, you have to believe that regulators are serious about wielding their antitrust enforcement power. DOJ's 25-page complaint seeking to bar AT&T's acquisition of T-Mobile USA is an emphatic document that asserts competition in the wireless industry is essential to ensurin...

Google Inc promoted a Groupon-like daily deals offer on its home page on Wednesday for the first time, a rare instance of the Internet giant using its prized online real estate for advertising.

Recently retired NHL tough guy Wade Belak was found dead in a Toronto hotel Wednesday, adding to an off-season of tragedy for the National Hockey League.

Burning Man 2011 sold out for the first time in the event's 25 year history. Check out the first photos from this alternative festival in Black Rock, Nevada.

Prolonged periods of heavy rain from the new tropical storm in the Gulf of Mexico will do little to alleviate severe drought conditions that have plagued the nation's midsection.

Bankrupt bookseller Borders Group Inc has sued Next Jump Inc, accusing the website operator of attempting to steal its customers.