IBT Staff Reporter

Marathon Oil Corp said on Thursday it would split off its refinery and pipeline operations into a stand-alone company, pushing its shares up nearly 11 percent in premarket trading.

Two popular apps will come together in a recent collaboration.

2010 has tied 2005 as the warmest year since people have been keeping records, according to data from NASA's Goddard Institute for Space Studies in New York.

BlackRock , the world's largest money manager, sees investors shifting their investments away from bonds to equities this year, a senior executive told Reuters on Thursday.

The European Central Bank will face a grilling on its assessment of the euro zone debt crisis and firming price pressures in the bloc after it left interest rates on hold at 1 percent on Thursday.

U.S. stocks barely budged on Thursday as investors looked past disappointing jobless claims while a jump in Marathon Oil's shares boosted the oil sector.

Over the next few weeks Google will be rolling out the option to upload, store and organize any type of file in Google Docs and with this change one would be able to upload and access file from any computer, said a Google blog post.

More than 375 people have been killed in Floods and landslides in the in the mountainous area near Rio de Janeiro, Brazil.

Spain and Italy staged successful bond sales on Thursday, easing concerns about an escalation of euro zone debt strife and buying the bloc's leaders more time to come up with a new package of anti-crisis measures.

Starbucks Corp , the world's largest coffee chain, unveiled a tie-up on Thursday that could bring its iconic cafes to Asia's third-largest economy, where western-style coffee shops are increasingly popular.

U.S. stocks were little changed on Thursday, paring losses after weaker-than-expected jobless claims and helped by a rise in Marathon Oil.

Music services Spotify and Shazam are teaming up so that users of iPhones and Android phones can immediately buy music from Spotify that they have discovered using Shazam, the two companies said on Thursday.

U.S. retailer Target Corp on Thursday announced plans to enter the Canadian market, taking over leases for up to 220 Zellers stores owned by storied domestic retailer Hudson's Bay Co.

U.S. legislation pressing for a rise in the yuan currency looms as less of a threat for China on the eve of President Hu Jintao's visit to Washington, now that Republicans control one house of Congress.

U.S. stocks fell on Thursday as the number of first-time claims for jobless benefits rose unexpectedly, highlighting the bumpy ride for employment as economic growth picks up.

Google is reloading its guns in China to focus on display advertisements and the booming export sector a year after a blowout with Beijing over censorship and hacking all but ensured its demise in the country.

Facebook has moved to dismiss a class action suit that charges the company is advertising its Friend Finder service with users' likenesses without their consent.

Hospitals serving low-income patients favor keeping the health care reform law passed last year which insures millions of additional patients, according to an industry group.

Some of the United States' top bankers descended on a law firm in midtown Manhattan on Thursday to pitch for what could be one of the largest share sales in history -- a secondary offering for bailed-out insurer American International Group Inc.

India has now exempted foreign tourists from the mandatory two-month gap to re-enter the country for regular onward medical treatment.

AT&T Inc forecast a $2.7 billion non-cash charge in the fourth quarter due to a change in the way it recognizes gains or losses for pension and other post-retirement benefits.

Two companies looking to create next generation semiconductor technology for future mobile devices.

The Bank of England kept its key interest rate at a record low 0.5 percent as expected on Thursday, judging that longer-term downward pressure on prices will quell a looming spike in inflation.

2011 is shaping up as a race to the bottom for currency values, writes Harvard professor Kenneth Rogoff in today's Financial Times. No wonder gold has been so attractive.

Some of the United States' top bankers descended on a law firm in midtown Manhattan on Thursday to pitch for what could be one of the largest share sales in history -- a secondary offering for bailed out insurer American International Group Inc.

Few diplomatic rituals are more predictable than U.S. presidents prodding Chinese leaders over China's human rights record.

BlackBerry maker Research In Motion said it has given India the means to access its Messenger service and reiterated that no changes could be made to allow monitoring of secure corporate emails.

U.S. jobless claims jumped to their highest level since October while food and energy costs boosted producer prices, pointing to lingering headwinds for an economic recovery that had been showing renewed vigor.

AT&T Inc forecast a $2.7 billion non-cash charge in the fourth quarter due to a pension related accounting change aimed at making its numbers more transparent for investors to understand.