IBT Staff Reporter

Netflix Inc., the movie rental service, reported better-than-expected quarterly profit, fueled by rapid subscriber growth that shows no sign of letting up this year.

The U.S. dollar slipped on Thursday to 11-week lows, while commodity prices and Asian stocks rose after U.S. Federal Reserve policymakers voted unanimously to maintain a $600 billion bond-buying plan to fuel an economic recovery.

Qualcomm Inc raised its forecasts for second-quarter and 2011 revenue as sales of its chips for wireless devices accelerate in China and India, and its shares rose 6 percent.

Starbucks Corp, the world's largest coffee chain, expects rising coffee prices to hit profits more than it previously thought but stressed that it would not raise prices to cover the extra expense.

NASA TV will stream live coverage of a supply shipment arrival to the International Space Station research facility on Saturday.

Motorola Mobility Holdings Inc posted a profit for the fourth quarter, but its shares fell almost 4 percent after it warned it would revert to a loss again in the current quarter, as it faces new competition from the Apple Inc iPhone.

Sales of U.S. new homes raced to their highest level in eight months in December, but gains were driven by a surge in the West that economists were reluctant to call a sign of the market's recovery.

Analysts have downgraded WWE stock due to poor earnings

Gold rose on Wednesday, snapping a four-day losing streak, after the Federal Reserve's lukewarm economic assessment and its plan to complete its bond-buying program boosted bullion's safe-haven appeal.

U.S. short-term interest rate futures traders pared bets that the Federal Reserve will start raising rates this year after the central bank left rates near zero and reiterated its promise to keep them there for an extended period.

Facebook is aware of reports of disruption to its service in Egypt but said it had not seen any major changes in traffic from the Middle Eastern country, while Twitter said its service was being blocked for the second consecutive day.

Some Verizon Wireless customers using BlackBerrys have been limited to making voice calls on Research In Motion's smartphone for as long as a week, but Verizon said on Wednesday the issue was fully resolved.

Billionaire investor George Soros said on Wednesday European governments will have to cut services to bring down deficits, but the crisis has calmed.

The internet has become a venue for battles between the Egyptian government and protesters, through social networking sites such as Facebook and the home pages of groups such as Anonymous.

Sales of new homes raced to their highest level in eight months in December, but gains were driven by a surge in the West that economists were reluctant to call a sign of a recovery in the market.

Sales of new homes raced to their highest level in eight months in December, but gains were driven by a surge in the West that economists were reluctant to call a sign of a recovery in the market.

Singer Jimmy Buffett has been released from a Sydney hospital on Wednesday after suffering a head injury the previous day, according to a statement from his official website.

The U.S. Federal Reserve gave a lukewarm economic assessment on Wednesday despite recent signs the recovery was strengthening, saying high unemployment still justified its $600 billion bond-buying program.

Two prominent media companies made successful debuts on the New York Stock Exchange on Wednesday, one giving hope to private equity firms looking to clear their books and one fueling talk of a new Web bubble.

Motorola Mobility Holdings Inc sold slightly fewer smartphones than expected in the fourth quarter and said it was already feeling pressure from new competition from the Apple Inc iPhone, sending its shares down 6 percent.

Motorola Mobility Holdings Inc sold slightly fewer smartphones than expected in the fourth quarter and forecast a net loss in the current quarter, as it faces new competition from the Apple Inc iPhone, sending its shares down 6 percent.

Engadget has gotten a hold of the Xperia Play, a smartphone not expected to make its debut until next month's Mobile World Conference

Motorola Mobility Holdings Inc posted a profit for the fourth quarter, but its shares fell almost 4 percent after it warned it would revert to a loss again in the current quarter, as it faces new competition from the Apple Inc iPhone.

Bob VanSickle was a lifelong New Jersey resident, but when he left after 52 years for what he calls kinder, gentler New Hampshire, he never looked back.

Starbucks Corp forecast full-year earnings below analysts' expectations as the company expects rising coffee prices to hit profits more than it previously thought.

(Company corrects to narrow fiscal 2011 forecast range in second bullet and fifth paragraph. The information first appeared in UPDATE 2. Changes headline due to space considerations)

Ford Motor Co is recalling about 525,000 older model Windstar minivans in cold-weather areas because corrosion could cause a separation of parts under the vans that might reduce steering control, company and federal government officials said on Wednesday.

The S&P 500 closed at a 29-month high on Wednesday led by gains in tech and commodity shares, as investors largely ignored the U.S. Federal Reserve's lukewarm economic assessment.

Motorola Mobility Holdings Inc warned it would post a quarterly loss again in the current quarter, as it faces new competition from the Apple Inc iPhone, sending its shares down almost 6 percent.