IBT Staff Reporter

A suspicious package at a U.S. Air Force base about in Illinois, 15 miles east of St. Louis, prompted a temporary closure of parts of the facility Wednesday morning, in addition to sending three people to a nearby hospital.

The Canadian economy shrank in the second quarter, its first quarterly fall since the 2008-09 recession, with temporary factors such as Japan's earthquake and tsunami playing a big role, Statistics Canada said on Wednesday.

A leading venture capital star says that a changing set of valuation expectations could be the prick that pops the software industry bubble.

In terms of electability, Republican primary voters may see Rick Perry -- who is solidly ahead in four recent polls -- as a happy medium between Mitt Romney and Michele Bachmann.

IBM has agreed to buy British security analytics software firm i2 for an undisclosed sum, it said Wednesday, as it continues to devour companies that can help its clients deal with growing mountains of data.

The Obama administration on Wednesday filed to block AT&T Inc's $39 billion proposed acquisition of T-Mobile USA from Deutsche Telekom due to anti-competitive concerns.

It's cool (literally), and the glaciers won't be here forever!

- Google Inc's blockbuster acquisition of Motorola Mobility Holdings Inc will bring an unusual stable of tax and accounting benefits to the search-engine giant, already one of Corporate America's most savvy users of such perks.

HP said more TouchPads are on the way in the current quarter, which ends on October 31.

Stocks added to earlier gains on Wednesday, with the S&P 500 up 1 percent, after an index of factory activity in the U.S. Midwest fell in August, though the figures still pointed to growth in the sector.

Chinese environmental groups accused Apple Inc of turning a blind eye as its suppliers pollute the country, the latest criticism of the technology company's environmental record.

Stocks rose at the open on Wednesday on continued hopes of more Federal Reserve stimulus for the struggling economy a day after minutes of the latest central bank meeting were published.

Leap Wireless said it would ask shareholders to approve a new tax benefit preservation plan aimed at limiting future tax obligations.

ABC network has drawn criticism in many unfamiliar forms this week for its decision to cast transgender Chaz Bono, real name Chastity Sun Bono, the only child of famed entertainers Sonny and Cher, on its upcoming season of Dancing with the Stars. Although, one organization commended the network.

Many of the world's biggest companies are failing to devise solid succession plans for the brand-heroes seen as the engines behind their businesses, investors say.

15 Muslims were arrested in Rye, New York after Playland Park officials refused to allow women to wear traditional religious headscarf on certain rides.

The U.S. government sued to block AT&T's $39 billion deal to buy T-Mobile USA because of anti-competition concerns, launching the biggest challenge to a takeover by the Obama administration.

The European Central Bank may have abandoned any hope it still harbored of being able to hike interest rates, but it may take more than a mild dose of recession for it to do a complete U-turn and start cutting rates again.

Stocks rose on Wednesday as another round of soft economic data supported the growing belief the Federal Reserve will take new steps to stimulate growth.

The pace of U.S. private sector job growth slowed in August for the second month in a row with employers adding 91,000 positions, a report by a payrolls processor showed on Wednesday.

Six astronauts may need to temporarily abandon and delay the launch of the International Space Station should last week's launch in Russia prevent the crew from flying there this fall.

Sony Corp took the wraps off a new tablet that functions as a universal remote, and another one that folds like a clamshell, hoping to distinguish its devices from scores of others already on the market.

The Economist has just released its annual report of the world's most liveable cities. Is your city on the list?

The government has decided to block the AT&T-T-Mobile merger, citing antitrust issues.

The Dow Jones Industrial Average Re-enters positive territory, although the Department of Justice's suit against AT&T could derail those gains.

Roche expects a new generation of drugs targeted at specific groups of patients to make up half its portfolio in 10 years, a shift that is pushing the boundaries of modern medicine.

The hedge fund's chief economist will speak at FINforums Conference on three game-changing events that could unwind the European economy.

Certainly one of the most unforgettable aspects of the MTV Video Music Awards was Lady Gaga--er, Jo Calderone. We've seen her--um, him, in Gaga's You and I video that was released early in August, but where exactly this Mr. Calderone come from? In a press conference after the VMA show, Jo Calderone himself explained his background. He is amechanic from New Jersey with roots from Perlemo, Sicily. He is not a guido, not a singer, a model, or an actor. I'm just, ah, a guy. I......

Black-clad special forces raided BP's Moscow offices on Wednesday, deepening the British company's problems in Russia after its attempts to salvage an oil exploration agreement in the Russian Arctic collapsed.