IBT Staff Reporter

American International Group will take a fourth-quarter charge of $4.1 billion for raising its loss reserves, the insurer said on Wednesday.

Dissident blogger Yoani Sanchez said on Tuesday the Cuban government apparently has unblocked access to her blog, which had been off limits on the island's Internet since 2008.

The home of late American composer and songwriter, Cole Porter, has been listed for sale at $4.495 million.

Nokia CEO Stephen Elop trashes Symbian and says company is far behind Apple and Android.

Nokia has ditched plans for a new smartphone and compared the company's plight to an oil platform on fire just days ahead of a key strategy presentation, according to industry sources.

Billionaire Carlos Slim's America Movil, one of the world's biggest telecommunications firms, sees growth in new mobile subscribers slowing by around a third in 2011 due to the saturation of Latin America's markets.

Two top executives are leaving Advanced Micro Devices following the board's unexpected removal of the chipmaker's CEO last month.

It's the time of year again when all fashion enthusiasts come together for a week-long celebration of couture in New York. Mercedes-Benz Fall 2011 Fashion Week runs from Feb. 10 through Feb. 17.

House Speaker John Boehner, R-OH said on Tuesday that he should be a member of the Tea Party, the activist movement pursuing big cuts in government spending.

Coca-Cola Co reported higher-than-expected quarterly sales, as it gained market share and also saw growth in each of its major markets for the first time in years.

Prince William's bride-to-be, Kate Middleton, has de-throned Lady Gaga as the top fashion buzzword for the fashion season that starts in New York on Feb 10, according to a survey released on Tuesday.

Boeing Co may have overextended the global supply chain on its long-overdue 787 Dreamliner program, but the company is confident it will meet its third-quarter delivery target, Chief Executive Jim McNerney said on Wednesday.

The Federal Communications Commission has proposed changes in the Universal Service Fund, in a bid to improve rural broadband services.

Palo Alto, California-based start up Tello has launched a new mobile app that lets you rate the customer service of any employee at any business in just seconds.

Gold rose back towards yesterday's 3-week peaks in London on Wednesday, pushing higher against all major currencies as world stock markets slipped.

Between October and December 2010, 101 million smartphones were shipped as opposed to 92 million PCs.

Between October and December 2010, 101 million smartphones were shipped as opposed to 92 million PCs.

Spanish giants Barcelona have said Fernando Torres is over-priced and that they would never even consider paying £50 million for a player like Chelsea did to buy Torres from Liverpool on transfer deadline day last week.

The Boeing Co on Wednesday said it would deliver the first 787 Dreamliner aircraft to Air India in the fourth quarter of 2011, indicating a further delay from its prior delivery estimates.

Lotus Renault GP have lined up Bruno Senna, Vitantonio Liuzzi and Nick Heidfeld to replace the injured Robert Kubica, who is showing signs of improvement but could take up to year to fully recover.

Gold held close to the previous session's near three-week high in Europe on Wednesday, supported by an increased focus on inflation after China's second interest rate hike in six weeks.

Sanofi-Aventis reported progress in talks to buy U.S. biotech Genzyme and predicted 5-10 percent lower earnings in 2011, underscoring the French drugmaker's need to find new sources of revenue growth.

In Chester County, South Carolina, off a dirt road in the middle of a field, insurance companies are literally unleashing a storm.

The London Stock Exchange is to buy Canada's TMX to claw back lost market share and create the world's fourth-largest bourse trading $4.1 trillion of stock a year.

Medtronic Inc. (NYSE: MDT) said the U.S. Food and Drug Administration (FDA) approved its Revo MRI pacemaker - the first such device in the U.S. designed for safe use during certain magnetic resonance imaging (MRI) exams.

U.S. stock index futures fell on Wednesday a day after the Dow posted its seventh consecutive advance in the year's lowest overall volume, possibly signaling the rally could be wilting.

Coca-Cola Co reported higher-than-expected quarterly sales, helped by its third straight quarter of sales growth in North America.

Justin Bieber superfans don't have to wait until the official Friday release date to see his new 3D concert movie.

It's the $1.2 billion question: What is Hewlett-Packard's new Palm unit cooking up for tablet computers?