IBT Staff Reporter

Chrysler Group LLC is in advanced discussions with banks on refinancing about $7 billion in government debt and establishing a credit facility in a process that would help clear the way for its initial public offering later this year.

NEW YORK - Days ahead of its official launch, Doximity -- a LinkedIn-style application for healthcare professionals -- already has backing of the venture capital community and thousands of U.S. doctors.

Foreign banks have not gotten the message when it comes to helping American clients avoid paying taxes, a top U.S. tax prosecutor said on Thursday.

Wal-Mart Stores Inc said it is increasing its annual dividend nearly 21 percent, citing its ability to generate cash in a fiscal year that disappointed investors with weak U.S. sales.

LOS ANGELES - Rocker Courtney Love has settled the lawsuit brought against her by a fashion designer who claims she was defamed in a series of Twitter messages.

Days ahead of its official launch, Doximity -- a LinkedIn-style application for healthcare professionals -- already has backing of the venture capital community and thousands of U.S. doctors.

Chipmaker Marvell Technology Group posted worse-than-expected fourth-quarter results as investors worried soft personal computer sales could hit its hard-drive controller business.

Marvell Technology Group warned revenue would drop this quarter as tablet sales nibble at the PC market and as it struggles to sell smartphone chips in China, hurting its shares after hours.

Corrects symbol of Apple Inc.NEW YORK - Days ahead of its official launch, Doximity -- a LinkedIn-style application for healthcare professionals -- already has the backing of the venture capital community and thousands of U.S. doctors.

IAC/InterActiveCorp , a media holding company chaired by billionaire Barry Diller, lost its bid to dismiss a lawsuit accusing it of deceiving a private equity firm into buying a call center operator that quickly went bankrupt.

The U.S. Federal Reserve's balance sheet expanded to a record size in the latest week, as the central bank continued to purchase bonds, Fed data released on Thursday showed.

Rich nations could tap strategic oil reserves if needed to ward off the risk that Middle East political unrest triggers an inflationary price spiral, Treasury Secretary Timothy Geithner said on Thursday.

Fixes references to market strategist in paragraphs 5-6

The United States and other major economies can tap strategic oil reserves if need be to keep soaring oil prices from derailing a global recovery, Treasury Secretary Timothy Geithner said Thursday.

Mediation would not go on endlessly if no deal were reached between the owners of the New York Mets baseball team and the Madoff trustee in their $1 billion dispute, mediator Mario Cuomo said on Thursday.

Oil prices retreated from near 2-1/2 year highs on Thursday as traders took profits after Venezuela pitched a plan to resolve the Libyan crisis, despite deep skepticism about whether it would work.

Days ahead of its official launch, Doximity -- a LinkedIn-style application for healthcare professionals -- already has backing of the venture capital community and thousands of U.S. doctors.

Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent U.S. economic recovery.

The number of Americans filing new claims for jobless aid hit the lowest level in more than 2-1/2 years last week and service sector hiring picked up in February, signs the labor market recovery was quickening.

Sears Holdings Corp sent an open letter on Thursday to independent Web operators affiliated with online retailer Amazon.com inviting them to join its network, becoming the second major U.S. store chain to go after key partners of the Web retailer in recent weeks.

Growth in the service sectors in the United States and Europe hit its highest in five years in February, suggesting economic growth is accelerating though inflationary pressures are building.

RIM may be bringing its popular messaging service to rival platforms, say sources.

The following are highlights from testimony by Treasury Secretary Timothy Geithner on Thursday before the Senate Foreign Relations Committee on turbulence in the global economy and implications for the United States.

Wal-Mart Store Inc said it is increasing its annual dividend nearly 21 percent, citing its sales and profit performance and ability to generate cash in the fiscal year just ended.

Rich nations could tap strategic oil reserves if needed to ward off the risk that Middle East political unrest triggers an inflationary price spiral, Treasury Secretary Timothy Geithner said on Thursday.

A Texas man was charged on Thursday with illegally streaming live sporting events and other programs on one of the most popular websites for illegal television content, a federal prosecutor in New York said.

The following is a transcript of a press conference on March 3, 2011 at the Georgia State Capitol with former House Speaker Newt Gingrich where he discusses an initiative to reduce the size of the federal government by creating a 'Tenth Amendment Implementation Act' and his plan to explore a possible presidential run in 2012.

President Obama tells Discovery astronauts talks about the Discovery shuttle and gives ISS commander Scott Kelly an update on his sister-in-law, senator Gabrielle Giffords.

The Federal Reserve Bank should continue to flood the economy with cheap money to fight high unemployment, but policymakers must stay on watch for signs of inflation, two top Fed officials said on Thursday.