IBT Staff Reporter

Japan will suffer severe economic costs from Friday's devastating earthquake and tsunami but ratings agencies Moody's and Standard & Poor's said they did not anticipate changing their ratings stances as a result.

Threat of a possible meltdown at Fukushima Daiichi nuclear plant in Japan has placed the roadmap of nuclear power as a source of energy on the back foot.

Gold Bullion prices jumped at the start of Asian trade on Monday, gaining 1% against all major currencies as news broke that a third nuclear reactor north-east of Tokyo has gone into meltdown following last week's Japanese tsunami.

First came the media feeding frenzy about the Big Apple's bedbug infestation. Now the legal feeding frenzy has begun, with customers seeking millions of dollars in damages from New York-area retailers for alleged bedbug-related ills. But in the Feb. 28...

Secretary of State Hillary Clinton will meet with members of the Libyan opposition in Paris on Monday as she takes part in a broader Europe and Northern Africa Trip where she will also visit Egypt and Tunisia.

Formula One World champion Sebastian Vettel signed a two year contract extension with Red Bull, which will keep him with the team till the end of 2014.

Charlie Sheen's upcoming mini-tour sold out in approximately 18 minutes from when tickets went on sale Saturday, according to TMZ.

Actor Mel Gibson was sentenced to three years probation, a year-long domestic violence counseling program, community service and slew of fines in the battery case involving his ex-girlfriend Oksana Grigorieva.

Warren Buffett's Berkshire Hathaway said it has agreed to acquire additives maker Lubrizol for $135 a share in cash, or $9 billion, making it one of the largest acquisitions in its history. Eli Lilly and Co. announced that it has made an irrevocable, unconditional offer to acquire the animal health business of Belgium-based Janssen Pharmaceutica NV, a Johnson & Johnson Co.

Oil fell to two-week lows on Monday, slipping nearly $3 at one point, as concerns over the economic impact from Japan's catastrophic earthquake and tsunami knocked global investor confidence.

World stocks fell to a six-week low on Monday, driven by a 7.5 percent fall in Japanese stocks, while oil tumbled as concerns grew about the economic damage from Japan's earthquake and tsunami.

Manchester City ensured a Manchester derby at Wembley in the FA Cup semi-final after securing a 1-0 win over Reading in the quarter-finals on Sunday, after city-rivals United had progressed with a 2-0 win over Arsenal on Saturday.

The economies of the biggest U.S. metropolitan areas began to grow again by the end of last year, but the recovery was slow, uneven and inconsistent and failed to spur much jobs growth, according to a study by the Brookings Institute released on Monday.

Reports on 'Google Circles' doing the rounds on internet despite denial from the company that no launch is scheduled for SXSW and that so social networking site is on development.

Stock index futures fell on Monday as investors worried about the impact of Japan's devastating earthquake and tsunami.

The head of General Electric Co offered Japan support on Monday to deal with the country's worst ever nuclear power crisis and at the same time defended the track record of the industry.

Americans will turn to public transportation in record numbers as gasoline prices continue increasing, predicts American Public Transportation Association (APTA).

Billionaire Warren Buffett's Berkshire Hathaway Inc agreed to buy lubricants maker Lubrizol Corp for $9 billion to tap rising demand for chemicals used to operate engines and machinery.

U.S. stock index futures fell on Monday as investors worried about the impact of Japan's devastating earthquake and tsunami.

A top official from the Chinese education ministry at the Going Global Conference in Hong Kong announced that the country plans to turn itself into a hub for international education and take its international student population to 500,000.

Shares in Japanese manufacturers tumbled in the aftermath of Friday's devastating earthquake, as companies struggled to gather information from the stricken area and investors worried production could be hobbled for an extended period.

Japan's metals and energy sectors were grappling on Monday with power outages and raging fires unleashed by last week's devastating earthquake, but some ports and steel furnaces shut in a protective move reopened.

General Electric Co Chief Executive Jeff Immelt on Monday said it was too early to know what impact the nuclear power crisis in Japan would have on the nuclear power industry.

Billionaire Warren Buffett's Berkshire Hathaway Inc agreed to buy chemical and lubricant maker Lubrizol Corp for $9 billion in cash, two weeks after he revealed the company's plans to use its huge cash pile on deals.

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) said it has agreed to buy chemical company Lubrizol Corp. (NYSE: LZ) for $135 a share in cash, or $9 billion, making it one of the largest acquisitions in its history.

Anonymous, a hacker group sympathetic to WikiLeaks, released on Monday emails that it obtained from someone who said he is a former Bank of America Corp employee.

Besides aid from countries like China, US, Britain, relief pours in for Japan from big names of the tech and entertainment world including, Apple, Google, Lady Gaga and more.

Videos of a massive black sludge inundating an expanse of agricultural land in northern coast of Japan carrying with it houses, cars, ferries and everything that crossed its path failed to capture the human misery the devastating earthquake has left in its wake.

Brent crude touched a two-week low near $111 on Monday, down by nearly $3 on investor pessimism that economic growth will slow after Japan's earthquake and tsunami, while easing unrest in the Middle East threw the focus back onto ample oil supplies.