IBT Staff Reporter

Germany's Daimler and Britain's Rolls-Royce look set to raise their offer for Tognum after the industrial engine maker dismissed a joint 3.2 billion euro ($4.4 billion) bid as too low.

Starting next year, HP will bring its mobile OS to its consumer computers.

The U.S. Senate voted overwhelmingly on Tuesday to overhaul U.S. patent laws, approving a measure aimed at chipping away at a huge backlog of patent applications and offering alternatives to expensive litigation.

China's wary government is a world champion in internet censorship, but Communist Party leaders now want to master the trickier feat of actively shaping online opinion.

Airbus parent EADS returned to profit in 2010 and bagged a slew of new aircraft orders, boosting its shares even as airline customers fret about a massive surge in oil prices.

It's official, Gwyneth Paltrow will be a recording artist.

HCA, the biggest U.S. for-profit hospital chain, plans to go public on Wednesday, and analysts expect strong demand even though its private equity owners saddled it with a massive amount of debt.

Applications for home mortgages jumped to the highest level in three months last week, buoyed by improvements in the job market, an industry group said on Wednesday.

American Eagle Outfitters Inc announced the retirement of its chief executive officer, paving the way for new leadership at an apparel retailer that has seen sales stumble amid heavy discounting.

China should increase its gold reserves appropriately, and must take every chance to buy, especially when Gold Prices fall, said Li Yining, a senior economist at Peking University and an advisor to the national parliament's Political Consultative Committee, quoted today by Beijing's official Xinhua News Agency.

Oil rose by more than $3 on Wednesday to over $116 a barrel as fighting intensified in Libya, and an OPEC delegate said it saw no need to hold an emergency meeting to ease supply fears.

Prince William and his Princess-to-be Kate Middleton arrived in Northern Ireland as part of their pre-wedding tour of the United Kingdom

An ordinary American investor would probably not put money into a foreign electric car start-up suspected of openly copying competitors, let alone one whose franchised dealers occasionally put other companies' logos on its own vehicles.

The biggest Wall Street insider trading criminal case in a generation goes to opening statements on Wednesday, when prosecutors and defense lawyers for Galleon Group founder Raj Rajaratnam face off in court.

The Chairman of the Board of Directors at NPR said on Wednesday that the organization board had accepted the resignation, effective immediately, of chief executive Vivian Schiller as President and CEO.

Portugal's two-year cost of borrowing hit the highest level since it joined the euro in a bond auction on Wednesday, and the government said yields were unsustainable in the long run without Europe-wide action.

Oil rose by more than $2 on Wednesday to over $115 a barrel as fighting intensified in Libya, and an OPEC delegate said the group saw no need to hold an emergency meeting to ease supply fears.

Qantas Airways and Singapore Airlines said on Wednesday they would raise fuel surcharges to offset higher oil prices, while Cathay Pacific <0293.HK> warned that growing energy costs could hurt its profits.

Nokia Oyj reinforced its commitment to its legacy Symbian platform on Wednesday, easing concerns it could face an awkward gap until the launch of new products under its planned Microsoft venture.

US stocks opened lower in early trade on Wednesday, with S&P 500 Index losing 4.68 points, or 0.35 percent, to trade at 1,317.14 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 24.71 points, or 0.20 percent, to trade at 12,189.67. The Nasdaq Composite Index fell 0.61 percent to trade at 2,750.45.

The United States will lead a rich-world recovery characterized by unspectacular growth this year and next, according to a Reuters poll of economists who view oil prices as the biggest risk to that outlook.

It seems like these amends were not made the way Mother Monster would have liked. The Advocate is reporting that Lady Gaga detached herself from the Target partnership.

Stocks fell on Wednesday as oil prices advanced on continued turmoil in Libya and as a bond auction in Portugal failed to ease concerns the country would need a bailout.

A report from The Royal Academy of Engineering says developed nations have become too reliant on global navigation satellite systems.

Was America founded as a Christian nation? A novel - titled The Secret Treaty - by Wayne Josephson claims to answer the most hotly debated question in U.S. history.

A young woman from Mexico who took on the top police chief role last year in a small Mexican border town has fled to the United States with her entire family apparently after receiving death threats and is formally seeking asylum, according to reports.

China's wary government is a world champion in internet censorship, but Communist Party leaders now want to master the trickier feat of actively shaping online opinion.

The price of gold may touch $5,000 an ounce in the next 4 to 5 years, California-based Capital Gold Group Inc. says.

Nokia Oyj reinforced its commitment to its legacy Symbian smartphone platform on Wednesday, sending its shares higher.