IBT Staff Reporter

A violent storm struck Chicago and its suburbs Monday morning, resulting in power-outage for over 800,000 ComEd customers.

The Chinese army has announced U.S. intervention in the ongoing dispute over sovereignty of the South China Sea may escalate tensions in the region.

Alcoa Inc, the largest U.S. aluminum producer, posted a big jump in second-quarter profit partly due to soaring prices for aluminum and its raw material alumina.

The notorious Westboro Baptist Church in Topeka, Kan. announced Monday that its members will protest two public services held for former First Lady Betty Ford, who died last Friday at the age of 93.

Greece is heading for default, or at least a devaluation, and European Union leaders have to adopt a plan B to stem contagion to the rest of the bloc, billionaire investor George Soros said on Tuesday.

Retailers generated strong sales growth through eBay Inc Inc in June, e-commerce software company ChannelAdvisor said on Monday.

Mercedes-Benz dealerships were tops for the third straight year in an independent study issued on Monday of U.S. auto dealers that uses secret shoppers to determine how customers are treated.

New businesses are starting leaner and with fewer employees than was the case in the past, an independent study showed on Monday, suggesting that the pace of job creation will remain frustratingly slow.

A Texan woman gave birth to a 16-pound baby late last week, amid fears that the state is grappling with childhood obesity.

A federal judge in California has pared back a lawsuit accusing Toyota Motor Corp <7203.T> of inflating its stock price by concealing problems with unintended acceleration in its vehicles.

Starbucks Corp unveiled a reorganization on Monday that Chief Executive Howard Schultz hopes will help the coffee chain reach its goal of one day getting half of its revenue from abroad.

Alcoa Inc, the largest U.S. aluminum producer, posted a big jump in second-quarter profit partly due to soaring prices for aluminum and its raw material alumina.

Investors' net withdrawals from hedge funds hit their highest level in nearly two years last month, data showed on Monday, as the funds struggle to make money in choppy markets dominated by fears over the eurozone's deepening debt crisis.

The UK telephone hacking scandal that closed the News of the World newspaper and put News Corp's deal to buy the rest of broadcaster BSkyB in doubt will have little impact on cash flows at Rupert Murdoch's media empire, a major shareholder said on Monday.

Deutsche Bank AG asked a Manhattan judge to dismiss a government lawsuit accusing it of fraud for repeatedly lying about the quality of mortgages it handled under a federal program.

HighTower Advisors, a firm consolidating wealth management businesses across the United States, on Monday said it added a team of advisers from Morgan Stanley Smith Barney in northern Virginia.

A baby born in Texas Friday weighed in at 16 pounds, 1 ounce.

Research In Motion investors desperate for news about how the BlackBerry maker will reverse its sagging fortunes will likely leave Wednesday's annual meeting with their frustrations even more inflamed.

Journalists from across Rupert Murdoch's stable of newspapers repeatedly tried to hack into the phone of Gordon Brown when he was British finance minister and prime minister, the Guardian and Independent newspapers reported on their websites on Monday.

Google eBooks-integrated e-reader iriver Story HD will hit the stores next Sunday, July 17, but will it pose a threat to Amazon’s Kindle and Barns&Noble’s Nook run for their money?

Dominique Strauss-Kahn’s scheduled court appearance has been postponed, as prosecutors mull whether or not to dismiss the charges against the former IMF chief in what is amounting to a crumbling sexual assault case.

In the unprecedented San Francisco circumcision ban campaign, much attention is being paid to the cartoon that the Anti-Defamation League and other Jewish groups are calling anti-Semitic. But what of the medical ramifications?

Rupert Murdoch and the British government tried to draw the financial and political sting from a newspaper phone-hacking scandal by referring his $14-billion media takeover to regulators, even as police said former prime minister Gordon Brown appeared to have been a hacking target.

Starbucks Corp on Monday won dismissal of a lawsuit by former assistant store managers in New York who accused the world's largest coffee chain of cheating them out of customer tips.

Apple Inc, Microsoft Corp, Research in Motion Ltd and three other leading tech companies received court approval on Monday to buy wireless patents from bankrupt Nortel Networks Corp for $4.5 billion.

Germany based solar panel technology leader Q-Cells SE scored its fourth world record for solar cells and modules this year by breaching the 18% level for yields in solar panel modules. But despite of this success it was removed from the PPVX share index a renown German magazine of the solar sector after Goldman Sachs and HSBC both gave bad grades in their reports.

I've got a girlfriend at the moment, who I am very much in love with, Radcliffe said.

Mila Kunis and Justin Timberlake star together in 'Friends with Benefits,' and Kunis accepts an invitation to the Marine Corps Ball.

Stocks suffered their worst day in nearly a month on Monday as concern about the stalemate in U.S. budget talks and growing debt problems in the euro zone prompted investors to hedge against further losses.