IBT Staff Reporter

Mad Men's Jon Hamm made a comment recently that the series should probably stop but it seems he has changed his mind and gone and signed a three-year deal with Lionsgate and AMC, reports Deadline.com.

Yahoo Inc, China's Alibaba Group and Japan's Softbank Corp said on Wednesday they have made substantive and encouraging progress toward an agreement over the ownership of the Chinese company's Alipay e-payment unit.

Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.2 percent at 0900 GMT (5 a.m. ET).

Rolls-Royce and Qantas have reached a settlement over an Airbus A380 engine explosion last year that forced a jet with 469 people on board to make an emergency landing and grounded much of the airline's fleet.

Greece's government will approve a new austerity package on Wednesday after it survived a confidence vote that was a crucial hurdle in a battle to avert the euro zone's first sovereign debt default.

The euro inched up on Wednesday and global stocks rose after the Greek government won a vote of confidence, boosting risk appetite that was also supported by signals that U.S. ratesetters will keep monetary policy accommodative.

Airbus will announce orders for its $375 million A380 superjumbo at the Paris Air Show on Wednesday, Louis Gallois, chief executive of parent company EADS , told RTL radio.

After targeting the U.K. the hacker collective LulzSec yesterday claimed responsibility for successful cyber attacks against two of the Brazilian Government's websites.

Ailing Finnish cellphone maker Nokia Oyj is revamping its business to bolster location-based services as it tries to gain profitability and compete more effectively against rivals such as Apple Inc.

Apple offers more than 250,000 apps in iPhone, iPad and iPod Touch, and most of the cool apps come free. If you were engrossed playing different level of Angry Bird, here are bunch of free new apps for your iPhone and iPad, that were launched this year.

Consumer electronics company Apple Inc is planning to enter into the television business this fall.

JPMorgan Chase & Co agreed to pay $153.6 million to settle U.S. Securities and Exchange Commission charges that it defrauded investors who bought mortgage securities sold just before the nation's housing market collapsed.

The euro stabilized on Wednesday and Asian shares rose after the Greek government won a vote of confidence as expected, prompting investors to shift focus to the U.S. Federal Reserve's news conference due later in the day for further cues.

Ford Motor Co will expand the use of its on-board smartphone applications for the 2012 model year, the automaker said at a safety and technology show for reporters.

Internet search company Google has been directed to stop the street view filming project in the south Indian city of Bangalore by the city police, until it gets necessary clearance from the government.

More than 80 percent of venture capitalists believe the initial public offering market is at very weak levels, according to a new survey from Deloitte and the National Venture Capital Association.

Thousands of yoga enthusiasts stretched their arms in a busy hotspot marking the summer solstice at a free long day in the middle of Times Square, Manhattan.

After the arrest of a 19-year-old in connection with the Sony hack, LulzSec came up with yet another tweet ridiculing desperate police efforts to close in on the group. Immediately after the arrest, there had been media reports claiming that the arrested teenager was actually the leader of the hacking group.

Warren Beatty will be directing and starring in an unnamed comedy for Paramount Pictures soon, according to Deadline.com.

A bundle of sextuplets arrived healthy to a thrilled Alabama couple and a 51-member medical team over Father's Day weekend.

Director, producer and writer Nicolas Winding Refn has revealed he would be thrilled to direct Christina Hendricks of Mad Men fame as Wonder Woman if he gets the opportunity to direct the movie, according to Vulture .

Greece's way out of its current debt problems would be through default, according to Mohamed El-Erian, the head of the world's largest bond fund Pimco.

Wildfires are ravaging across America in 11 states, burning 1.4 million acres, forcing the evacuation of 1,800 homes and businesses in Texas, and taking two firefighters' lives in Florida.

U.S. regulators are poised to expand oversight of the roughly $2 trillion hedge fund industry, with the U.S. Securities and Exchange Commission expected on Wednesday to adopt rules requiring private fund advisers to register with the agency.

An image of Sony’s presentation in Sao Paulo, Brazil reveals a Skype logo which hints Sony’s collaboration with Skype for its upcoming portable gaming system, PlayStation Vita.

Nokia has launched its Nokia N9 smartphone which will take you to the home page with a swipe on the edge of its completely flat screen interface.

The Federal Reserve will likely acknowledge renewed weakness in the U.S. economy in a post-meeting policy statement on Wednesday, but don't expect policymakers to do anything about it any time soon.

FedEx Corp likely will report strong fourth-quarter and full-year earnings growth on Wednesday, even as high fuel prices and a faltering economic recovery pose challenges.

Greece's government will approve its new austerity package on Wednesday after it survived a confidence vote, clearing the first hurdle in a battle to secure emergency loans and avert the euro zone's first sovereign debt default.