IBT Staff Reporter

Morgan Stanley Smith Barney has lost six advisers overseeing more than $1 billion of client assets to competitors.

Nasdaq OMX Group and IntercontinentalExchange Inc will take their takeover bid for NYSE Euronext straight to the Big Board's shareholders as they try to corner the company into talks.

A former lawyer for a large U.S. law firm pleaded guilty on Monday to conspiring to launder almost $19 million for his onetime client Kenneth Starr, a money manager known for representing celebrities.

Nasdaq OMX Group and IntercontinentalExchange Inc will take their takeover bid for NYSE Euronext straight to the Big Board's shareholders as they try to corner the company into talks.

DNA testing was used to verify bin Laden's death, according to several news reports.

Ailing car maker Saab has lined up almost 60 million euros ($88.9 million) in funds to restart production after a month of stoppages and has reached a deal with a Chinese partner, Dutch owner Spyker said on Monday.

Sony Online Entertainment has temporarily shut down its online games service and its Facebook games after discovering the April break-in that led to the theft of 77 million user accounts also affected its system.

Hedge fund founder Raj Rajaratnam had foot surgery and did not appear in court on Monday while jurors deliberated for a sixth day in his insider trading trial without reaching a verdict.

Small businesses and consumers were wary about taking advantage of easier credit in the first quarter, but loan demand among large firms grew, the Federal Reserve said in a report on Monday that showed credit markets thawing unevenly.

On May 1st, US Navy seals killed Osama Bin Laden in a mansion located in Abbotabad. His body was later buried in the sea.

The global airline industry so far is resilient to soaring fuel costs, and carriers are showing strong demand for newer, more fuel-efficient planes, the chief executive of Boeing Co said on Monday.

During peak times, there were nearly 6,000 tweets per second on the death of Osama Bin Laden.

The blog run by the man who first tweeted the raid on Osama bin Laden's compound was infected by an exploit kit, according to researchers at Websense.

U.S. stocks slipped on Monday, as an early bounce on Osama bin Laden's death gave way to questions around the longevity of the market's recent rally.

Business at U.S. manufacturers grew a bit more slowly for a second straight month in April but their costs rose to the highest level in nearly three years, an industry report showed on Monday.

Research In Motion showed off a new version of its BlackBerry Bold phone with upgraded software on Monday, aiming to regain its stride after last week's profit warning and other recent stumbles.

Once the residence of Osama bin Laden’s brother, Khalil Bin Laden, this home located in Oakland, Florida is currently listed at $2 million.

Research In Motion unveiled two new Blackberry phones, which come with 4G, NFC and augmented reality.

The highly anticipated Royal Wedding has come and gone. William and Kate are now a married couple.

Gains in loan demand were more pronounced from big firms than at smaller ones in the first three months of 2011, the Federal Reserve said on Monday, in a report showing headwinds to the economic recovery.

The hurried burial of Osama bin Laden's body at sea, which U.S. officials claim was done in accordance with Muslim rituals and practice, has angered some Islamic scholars even as others said the Americans did the right thing.O

Stocks were little changed on Monday as a bounce on news of Osama bin Laden's death gave way to returning worries about geopolitical risk.

Nasdaq OMX Group and IntercontinentalExchange Inc will take their $11.1 billion takeover bid for NYSE Euronext straight to the exchange operator's shareholders with a tender offer.

During the rush for news, a few news organizations made a huge mistake regarding the death of the terrorist.

As news started breaking yesterday about Osama Bin Laden's death, Twitter was on fire with tweets about the news.

Nasdaq OMX Group and IntercontinentalExchange Inc took their $11.1 billion takeover bid for NYSE Euronext straight to the exchange operator's shareholders on Monday with a planned tender offer.

U.S. auto sales are expected to show a 16 percent increase for April, as the sales crunch dealt by the Japanese earthquake and tsunami is not expected to show up in new auto purchases until May, automakers and analysts said.

U.S. manufacturing activity slowed in April for a second straight month but input prices reached their highest level in nearly three years, according to an industry report released on Monday.

Sony has won over some gamers by offering free access to its PlayStation Network to compensate for the leak of personal details on 78 million user accounts, but still has some way to go to regain the trust of consumers.