IBT Staff Reporter

A consortium of Canadian banks and pension funds raised its hostile bid for the operator of the country's biggest stock exchange on Wednesday, with a cash-and-stock proposal that nudged ahead of the London Stock Exchange's just-sweetened, friendly bid.

Unions representing workers at Chrysler Group LLC and its Italian partner, Fiat SpA , are forming a global network to share information and best practices, United Auto Workers President Bob King said.

Ryan Dunn, best known as a member of 'Jackass,' died in a car accident on June 20, 2011. Ryan Dunn was drinking heavily at Barnaby's and buying shots of whiskey for the entire bar.

Talks between Canada Post and the Canadian Union of Postal workers has failed to come to a settlement after rounds of negotiations between the two parties.

The high-profile hacktivists LulzSec had their own website hacked by another hacker group. Since then, LulzSec did not show any response to TeaMp0iSoN, at least on Twitter.

Check out an audio clip of Bam Margera and his mother talking about Ryan Dunn's less than stellar driving skills.

James Arthur Ray, a new-age and self-help guru was found guilty of triple negligent manslaughter during a sweat lodge ceremony.

A private service for Jackass star Ryan Dunn was held in Philadelphia, Wednesday, attended by friends and family members, even as a radical church organization stepped up their threat to protest against any public service held in honor of the TV and movie star.

Two Latvians have been charged in the United States for selling fake computer security software known as scareware and were arrested in Latvia, the U.S. Justice Department said on Wednesday.

Apple's next iPhone 5 promises to integrate a faster dual core processor, A5 chip, and an upgraded 8 megapixel camera for this September's launch. The latest news came from Bloomberg as sources who were familiar with the iPhone 5 plans confirmed the new device's release date.

The brothers Winklevoss and partner Divya Narendra are giving up their pursuit of more money from Mark Zuckerberg and co.

Lytro is set to introduce the world to light field technology, a new way to capture a photo.

U.S. technology companies are worried a victory against European Union tariffs at the World Trade Organization last year may not yield the bonanza they expected because of the way the EU intends to implement the decision, industry representatives said on Wednesday.

Chinese dissident artist Ai Weiwei has been freed by the mainland government on Wednesday, China's official state media reported.

Investors and ratings agencies would balk at another temporary raising of the U.S. government's debt ceiling to buy lawmakers more time to resolve their deep conflicts over how to lower the U.S. budget deficit.

The FAA took action today to reprimand a pilot with a foul mouth.

The Olympic rowing twins Cameron and Tyler Winklevoss have decided not to appeal to the Supreme Court a ruling upholding a $65 million cash-and-stock settlement reached with Facebook Inc.

AirAsia is set to place a record order for 200 revamped A320neo jets plus 100 options in a $17 billion deal making the Malaysian carrier Airbus's largest airline customer, industry sources said.

Oracle Corp has a habit of beating Wall Street expectations, but some investors fear billionaire Larry Ellison's software and server juggernaut will find it hard to keep up its own pace when it reports earnings and sets new forecasts on Thursday.

Australia's plan to build a $38 billion national broadband network cleared a major hurdle on Thursday with a deal to pay top telecoms firm Telstra A$11 billion ($11.6 billion) for using its infrastructure.

Survey reveals more and more businesses are coming under security attacks.

Police reports were issued today, pointing to two culprits.

A temporary fix to the U.S. debt problems could be a sign that Washington's final budget agreement will not be enough to meaningfully cut the nation's deficit, Moody's main analyst for the United States warned on Wednesday.

After two years together with his super-attractive girlfriend Elisabetta Canalis, Hollywood’s most eligible bachelor George Clooney has become single again.

Regions Financial Corp agreed to pay $210 million to settle allegations that its Morgan Keegan brokerage fraudulently marketed mutual funds and said it hired Goldman Sachs Group Inc to explore strategic options for that unit.

Police reports expose the causes of Ryan Dunn's death

Police in the United States and seven other countries seized computers and servers used to run a scareware scheme that has netted more than $72 million from victims tricked into buying fake anti-virus software.

Before the fatal car crash took place, Jackass star Ryan Dunn was drinking heavily at Barnaby's and buying shots of whiskey for the entire bar.

The Federal Reserve on Wednesday cut its forecasts for U.S. economic growth, but offered no hint of further monetary support, saying the recovery should gradually pick up heading into 2012.