IBT Staff Reporter

The ink on Google Inc's $12.5 billion plan to buy Motorola Mobility is barely dry, but speculation has already begun about its next deal -- expected by some to be the sale of Motorola's handset business.

The U.S. Justice Department is investigating the rating agency Standard & Poor's over its actions on mortgages leading up to the financial crisis, a source familiar with the matter said on Thursday.

The United States needs to reform its corporate tax code and should consider eliminating all loopholes that allow companies to pay less than the statutory rate, General Electric Co 's chief said.

News Corp's senior management is starting to think about what the company might do if James Murdoch stepped aside, sources inside and close to the global media empire said.

Caution is the watchword for apparel executives heading into the all-important holiday season and their lack of confidence is scaring investors.

Bailed-out insurer American International Group said on Thursday it closed the sale of its Taiwanese life insurance business and used the proceeds to repay the government another $2.15 billion.

Factory activity in the U.S. Mid-Atlantic region plunged to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, stoking concerns that risks of recession are growing.

Hewlett-Packard Co wants to buy Autonomy Corp for $10.3 billion and is pondering a spinoff of its personal computing arm, setting in motion a transformation that mirrors IBM's successful overhaul last decade.

Bailed-out insurer American International Group said on Thursday it closed the sale of its Taiwanese life insurance business and used the proceeds to repay the government another $2.15 billion.

Hewlett-Packard said on Thursday it is considering a sale or spinoff of its personal computer unit, will halt production of its webOS devices such as the TouchPad, and agreed to buy British software firm Autonomy Corp for $10.2 billion.

The U.S. Justice Department is investigating the rating agency Standard & Poor's over its actions on mortgages leading up to the financial crisis, a source familiar with the matter said on Thursday.

AT&T has confirmed Thursday that it will kill $10 texting plan, which will force customers into all-or-nothing texting options, between an unlimited plan and a pay-per-text plan.

Wednesday night, Anderson Cooper could not help a giggling mess over his own puns and jokes over French actor Gerard Depardieu's incontinence on a plane.

Hewlett-Packard said on Thursday it is considering a sale or spinoff of its personal computer unit, will halt production of its webOS devices such as the TouchPad, and is in talks to acquire British software firm Autonomy Corp.

NASA has teamed up with researchers from the University of California and various space agencies to map the Antarctica ice flow.

The Federal Reserve Bank is treating foreign banks the same as their U.S. peers, a top policymaker said on Thursday, contrary to a published report that said the U.S. central bank was keeping a closer eye on European banks struggling with the continent's debt crisis.

The Georgetown basketball team got in a brawl with a professional Chinese basketball team.

As many of the rituals associated in Japanese Sumo wrestling originate from Shinto, the indigenous Japanese form of spirituality, it is regarded as a symbol of Japanese culture. After the March 11 deadly earthquake, Japanese citizens who lost their homes and had to stay in shelters have been returning back to their hometowns and it includes the Sumo wrestlers.

Groupon Inc disclosed some details of its plan to offer location-based offers through mobile phones when the largest daily deal company responded on Thursday to Congressional questions about its privacy policies.

Wall Street sank in volatile trading on Thursday, with the S&P 500 down more than 4 percent as weak U.S. economic data pressured markets already beaten down by renewed fears about the health of European banks.

As the stock market plummeted yet again on Thursday, interest rates on 10-year Treasury notes dipped below 2 percent for the first time ever.

British Prime Minister David Cameron's flirtation with the idea of social media censorship controls after recent riots might only be the beginning.

Hewlett-Packard Co wants to buy Autonomy Corp for $10.3 billion and is pondering a spinoff of its personal computing arm, setting in motion a transformation that mirrors IBM's successful overhaul last decade.

Factory activity in the U.S. Mid-Atlantic region slumped to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, dampening hopes for a quick revival in economic growth.

Hewlett-Packard Co plans as soon as Thursday to announce a $10 billion acquisition of British software company Autonomy and a spinoff of its personal computer business, the world's largest, Bloomberg reported.

Hewlett-Packard Co is in talks to buy British software company Autonomy and is pondering options for its personal computing division including a spinoff, as the tech giant steps up an overhaul aimed at rekindling growth.

While no deal has been reached yet, Verizon workers left the sidewalks of the telecom company's headquarters and took their strike to the homes of Verizon's top executives, Chairman Ivan Seidenberg and Chief Executive Officer Lowell McAdam, this week.

GameStop Corp said its growth this year will be driven by a strong holiday lineup and customers buying used games to save money, which sent its shares higher after an initial drop on Thursday.

News Corp executive James Murdoch did not try to cover up the truth by blacking out sections of an incriminating letter written by disgraced News of the World royal reporter Clive Goodman, lawyers acting for the company said on Thursday.