IBT Staff Reporter

Greece will present new fiscal and privatization plans on Friday in an attempt to convince investors it can meet the terms of an EU/IMF bailout and avoid restructuring its debt.

Agribusiness and trading giant Cargill Inc said quarterly earnings rose 30 percent, lifted by its grain processing business.

France's Schneider Electric SA is serious about buying Tyco International Ltd, but lenders needed to finance a transaction above $30 billion are skeptical a deal for the U.S. conglomerate can be pulled off.

The chief executive of Research In Motion, walked out of an interview with the BBC after a reporter asked him about whether the company had resolved its issues over security with several governments.

Motorola Solutions Inc and China's Huawei Technologies Co have settled a legal dispute over trade secrets, clearing the way for Motorola to complete the sale of one of its business units to Nokia Siemens Networks.

The following are remarks by President Barack Obama, as prepared for delivery, on addressing long-term United States and the deficit on April 13, 2011 at George Washington University, in Washington D.C.

President Barack Obama has requested that formal negotiations to begin in May on reducing the long-term U.S. debt as a share of the economy and annual deficits.

The Dow and S&P slipped on Wednesday as JPMorgan Chase & Co's strong profit growth was not enough to convince investors that quarterly earnings would propel stocks out of the recent trading range.

U.S. bank regulators announced settlements on Wednesday with the largest home lenders over allegations of shoddy foreclosure practices, but the pacts did not include financial penalties.

U.S. retail sales rose modestly in March as auto sales plunged and consumers stretched to pay for pricey gasoline, but upward revisions to the prior months' data pointed to fairly solid first-quarter spending.

General Electric Co, embroiled in controversy over its low 2010 U.S. tax bill, was the target of a bogus press release claiming that it would donate billions of dollars to the federal government.

France's Schneider Electric denied reports it was in talks to buy Tyco International, easing worries that a takeover would overstretch its finances and causing Tyco shares to give back part of this week's advance.

Schneider Electric SA is serious about its interest in Tyco International Ltd and remains in talks with lenders including French banks about financing a potential transaction, people familiar with the matter said on Wednesday.

TSA is getting criticized for patting down a six-year-old child in her sensitive areas.

The president's reforms may have a major impact on the U.S. economy and the housing market in particular.

A byproduct of the paper industry and crab shells may soon be used to take radioactive contaminants out of water.

The Dow and the S&P 500 fell on Wednesday as JPMorgan Chase & Co's strong profit growth failed to convince investors that the performance could be repeated, or that the results would translate to other companies.

Schneider Electric tried in vain on Wednesday to quash rumors that it planned to buy Tyco International after the French engineering company's stock was hammered by worries about a capital hike.

General Electric Co, embroiled in controversy over its low 2010 U.S. tax bill, was the subject of a hoax press release claiming it would donate billions of dollars to the federal government.

Sales at U.S. retailers rose slightly less than expected in March as rising gasoline prices pulled spending away from other segments and receipts from auto dealerships fell, a government report showed, pointing to slower consumer spending in the first quarter.

Chef Jamie Oliver is back with his show Food Revolution. This time, the celebrity chef is taking his mission to Los Angeles.

Danish luxury electronics maker Bang & Olufsen is confident it can turn around its lackluster core audio-video business and will not rule out divestments, its new chief executive said.

Damage limitation wil be Spurs' main motive on Wednesday when the mighty Real Madrid come visiting with an aggregate lead of 4-0 after the first leg at the Bernabeu.

While major tech companies are on board, privacy groups say the McCain-Kerry bill falls short of their expectations.

For the first time in history, private investor [Gold] holdings now exceed official-sector holdings, said Philip Klapwijk - executive chairman of precious-metals consultancy GFMS - at a presentation in London's Canary Wharf today, commenting on last year's strong physical Gold Investment demand.

A growing number of companies are objecting to the role of firms that advise shareholder votes at annual meetings, complaining about conflicts of interest, errors and lack of oversight.

The Dow and S&P were little changed on Wednesday despite strong profit growth from JPMorgan Chase & Co as analysts questioned if the bank's results were a one-time win or would translate to others' performances.

Consumer goods giants Unilever and Procter & Gamble were fined 315.2 million euros ($456 million) by EU regulators on Wednesday for fixing washing powder prices in eight EU countries.

Many European banks need bigger capital cushions to restore market confidence and help reduce the risk of another financial crisis, the International Monetary Fund said on Wednesday.