IBT Staff Reporter

American International Group's financial health is showing signs of improvement because of the billions of dollars in taxpayer funds used to bail out the ailing insurer, a government watchdog agency said on Thursday.

A Venezuelan fiber optic cable should plug Cuba into high-speed Internet within months, but it may not immediately bring an explosion in connectivity to inhabitants of the communist-ruled Caribbean island.

Outgoing CEO Eric Schmidt says management change is a matter of streamlining things.

Google Inc co-founder Larry Page will replace Eric Schmidt in April as chief executive of the world's No. 1 search engine, the company said on Thursday.

Verizon Communications is going to court to challenge the top U.S. telecommunications regulator, saying the FCC overstepped its authority with the recent adoption of open Internet rules.

The top executive of Procter & Gamble Co took the business case for lower taxes to U.S. lawmakers on Thursday, although political leaders see a long road ahead to the tax rewrite that could cut the rate.

Hewlett-Packard is making big changes to its board of directors, naming five new members and losing four.

Legendary investor Warren Buffett will leave the board of publisher Washington Post Co , the company said on Thursday, ending a formal association that dates back nearly 40 years.

Canadian patent licensing firm Wi-LAN Inc said it signed a memorandum of understanding with Atheros Communications Inc to settle all lawsuits between it and the chip maker for an undisclosed amount.

Google Inc Chief Executive Eric Schmidt will hand over the reins to co-founder Larry Page, the company said on Thursday.

Stocks fell on Thursday as lackluster tech and materials earnings failed to live up to heightened expectations, threatening to short-circuit a seven-week run.

George Clooney, who has been drawing attention to the humanitarian crisis in Sudan since 2005, contracted Malaria while visiting the country earlier this month, according to a published report.

Stocks fell on Thursday as lackluster tech and materials earnings failed to live up to heightened expectations, threatening to short-circuit a seven-week run.

Google announces a change at the top in its fourth quarter earnings release.

New phone will be the fastest smartphone on T-Mobile's network.

Abdel Nur, a Guyanese national, has been sentenced by a U.S. district court judge to 15 years in prison for providing material support to a terrorist group that had conspired to attack John F. Kennedy International Airport in Queens, New York, by exploding fuel tanks and the fuel pipeline under the airport.

LONDON (Reuters Life!) - The most perfect virtual bowler, the most swearing in a videogame and the most popular game on Facebook are just some of the records listed in the 2011 gamer's bible of wacky achievements from Guinness World Records.

A Detroit-based strip club owner has pleaded guilty to using computer software program to delete the club's sales and under-report the income at his two strip clubs to cheat the government on his taxes.

Wall Street banks are not taking the kind of big risks they did in commodities just a few years back, even after one of the biggest commodities rallies in two straight quarters since the 1970s.

Morgan Stanley posted stronger-than-expected quarterly revenue and retail brokerage profit jumped, validating its strategy of bolstering businesses that are less threatened by tougher regulation following the financial crisis.

Stocks fell on Thursday as lackluster tech and materials earnings failed to live up to heightened expectations, threatening to short-circuit a seven-week run.

Two Miami-Dade police officers were shot Thursday and both have died during gunfight with a suspect who also died.

Politicians and law enforcement officials in Mexico are increasingly being forced to make a choice between 'silver' or 'lead' - bribe or bullet - in the state's growing battle against powerful drug cartels.

The Emmy award-winning actress Debbi Morgan, 54 year-old, hasconfessed that she is diagnosed with Lyme disease on a recent Tom Joyner Morning Show.

Blockbuster Inc. on Thursday received three more months to negotiate store leases with its landlords -- its second restructuring extension this week -- giving the video rental chain more time to try to reorganize its business.

Scientists at Los Alamos National Lab have built a key component to battlefield lasers that could arm U.S. navy ships by the end of the decade.

Cybercrime has evolved beyond targeting Windows as it moves into smartphones, tablets and mobile platforms.

Mary Tyler Moore,74 years old and primarily known for her roles in television sitcoms, will reunite with her former co-star Betty white, 89, on the comedy series Hot in Cleveland. Both starred on the Mary Tyler Moore Show in the 1970s.

Organized crime - as embodied by the U.S. mafia - hasn't gone away and is a nationwide concern for businesses and consumers, the head of the FBI said on Thursday after over 100 mafia members and associates were arrested and charged with a wide-range of crimes.