IBT Staff Reporter

Compensation packages for the chief executives of bailed-out firms American International Group , Ally Financial and General Motors will not increase in 2011, the Treasury Department said late on Friday.

Goldman Sachs Inc awarded Chairman and Chief Executive Lloyd Blankfein a $5.4 million bonus for 2010, despite a decline in the company's share price and profit.

Personal information about some JPMorgan Chase & Co and Kroger Co customers was exposed as part of a data breach at a large online marketing vendor.

Nasdaq OMX and IntercontinentalExchange bid $11.3 billion for NYSE Euronext in an effort to trump Deutsche Boerse's deal, and pushed their case with an appeal to U.S. patriotism.

LOS ANGELES - GoDaddy founder and CEO Bob Parsons is under fire for killing an elephant in Zimbabwe.

The resignation of a key lieutenant this week could damage the credit quality of Warren Buffett's Berkshire Hathaway , Moody's Investors Service said on Friday.

An ambitious plan to prevent Fail Whales, the cartoon icon that greets frustrated Twitter users during network outages, turned into a fail whale of its own.

More than one million website addresses have been compromised by a sophisticated hacking attack that injects code into sites that link to a fraudulent software sales operation.

(Corrects 14th paragraph to say to Sacramento instead of from Sacramento)

One of the Federal Reserve's most powerful policy makers pushed back against an increasingly hawkish tone from other Fed officials worried about inflation, saying he saw no need for the U.S. central bank to reverse course.

Ford Motor Co Chief Executive Alan Mulally's total compensation rose 48 percent to $26.5 million in 2010 when the automaker reported its best net profit in a decade.

The richest 25 hedge fund managers made a bit less money last year.

Oil prices jumped on Friday, as supportive U.S. jobs data reinforced economic growth expectations and Libya's conflict and Middle East unrest kept supply threats in focus, pushing both Brent and U.S. crude to their highest settlements since 2008.

Though he is struggling to break into the television market on his home turf, Mexico's Carlos Slim has emerged as the top provider of pay TV in Latin America, firming his grip on the region's telecom market.

The Mutual UFO Network, one of the oldest organizations promoting research into UFOs, says the one that appeared over Jerusalem in

Sales of small cars raced ahead in March as buyers flocked to more fuel-efficient vehicles, a trend major U.S. automakers expect to persist if gasoline prices continue to rise.

The Philadelphia Phillies opened the season today, after a less than inspiring first eight innings of the 2011 Major League Baseball (MLB) season against their old nemesis, the Houston Astros.

Satellite television company Dish Network Corp and billionaire investor Carl Icahn have submitted bids for bankrupt movie rental chain Blockbuster Inc , the Wall Street Journal reported, citing people familiar with the matter.

Just after pulling a dozen stations from its iPad App, Time Warner Cable has decided to put some back.

eBay says that nearly 12,000 iPads were sold via its service between the device's American and international launches

U.S. stocks started a traditionally healthy month on strong footing on Friday after solid jobs figures, but the S&P 500 may need help to break to new multi-year highs.

NEW YORK - Netflix said Friday that it has expanded a distribution deal with News Corp.'s Twentieth Century Fox that will make some past seasons of U.S. network Fox hit show Glee and FX's Sons of Anarchy, as well as older series, available for instant streaming.

Security firm Symantec recently said a fake Google Android app, advertised as a free version of a paid app, is making the rounds, stealing data and sending a message to pirates.

U.S. stocks started a traditionally healthy month on strong footing on Friday with solid jobs figures, but the S&P 500 may need help to break to new multi-year highs.

U.S. employment grew firmly for a second straight month in March and the jobless rate hit a two-year low of 8.8 percent, underscoring a decisive shift in the labor market that should help to underpin the recovery.

Blogs have been buzzing all day with the rumor that American Idol contestants Casey Abrams and Haley Reinhart are a couple.

Robots from the United States are getting ready to help Japanese workers cope with the crisis at the Fukushima Daiichi nuclear power plant.

Most major automakers raced past expectations for U.S. sales in March as buyers flocked to smaller, more fuel-efficient cars in response to rising gasoline prices at the pump.

A mathematician from NJIT says famous arch-rivals, the Red Sox and Yankees, will tie MLB and the AL East with 97 wins a piece.