IBT Staff Reporter

The U.S. employment situation might be seeing better times, according to figures released in the latest ADP Employment Report for December, which showed a rise for the second consecutive month

Four names top the list of potential candidates to succeed Warren Buffett as chief executive of Berkshire Hathaway, though finding a replacement for him as Berkshire's investment chief has proved more complicated, Vanity Fair reported in its new issue.

The U.S. non-manufacturing sector grew in December at it fastest pace in more than 4 years, according to an industry report released on Wednesday.

Reports had stated that Microsoft will showcase a slew of tablets running on Windows 7 and Windows 8 manufactured by Dell and Samsung at CES 2011, and part of the forecast has come true, as a UK-based AHX Global launched a Windows-based iTablet.

Retailers have not recouped all of the $1 billion in sales postponed by shoppers as they dug out from last month's East Coast blizzard, research firm ShopperTrak said on Wednesday.

Private employers added 297,000 jobs in December compared with a revised gain of 92,000 in November, a report by a payrolls processor showed on Wednesday.

India’s well-known cricketer Anil Kumble is now turning a sports entrepreneur and is floating his own start-up venture called Tenvic that will focus on providing for sports education and training in mainstream schools across the country.

Private sector jobs surged in December at a rate three times stronger than forecast, a hiring report showed, the most bullish signal in months that a recovery in the world's biggest economy is stepping up a gear.

U.S. stocks rose on Wednesday as much stronger-than-expected jobs data boosted optimism about the labor market and the economic recovery.

Toymaker Mattel Inc agreed to license some of its top brands, including Barbie, Hot Wheels and Fisher-Price, to THQ Inc for use in its video games for a variety of gaming platforms.

Time Warner and two U.S. private equity funds are on a shortlist of potential buyers for assets belonging to Dogan Yayin , Turkey's biggest media group, sources familiar with the deal said on Wednesday.

Toshiba Corp will begin selling large-screen glasses-free 3D television sets in fiscal 2011 and plans to start marketing the groundbreaking devices beyond its home turf of Japan, executives said on Tuesday.

Nissan North America, Inc today reported record December U.S. sales of 93,730 units versus 73,404 units a year earlier, an increase of 27.7 percent. Nissan Division sales were up 26.3 percent for the month, also a December best. Sales of Infiniti vehicles rose 37.3 percent over the prior year.

Volkswagen of America, Inc. today reported that December sales marked a 17 percent increase over prior year sales for the entire line of vehicles.

In a chat, Joey talks about Friends, his burnout and his character in the new show, Episodes

The German luxury carmaker BMW Group in the U.S. reported December sales of 27,600 vehicles, an increase of 16.9 percent from the 23,617 vehicles sold in the same month a year ago. For 2010, the BMW Group in the U.S. reported total sales of 265,757 vehicles, up 9.9 percent compared to the 241,727 vehicles sold in 2009.

American Honda Motor Co, today reported December monthly new vehicle sales of 129,616, an increase of 25.5 percent. American Honda's 2010 annual vehicle sales totaled 1,230,480, an increase of 7.6 percent compared to 2009 results.

The Japanese motor major Honda Motor Company in Japan has put an estimated 2.2 million customers in the U.S. on a security breach alert after a database containing information on the owners and their cars was hacked, according to reports.

The lines between professional and personal interactions are being blurred. Social media users need to exercise prudence

Acura sales for 2010 totaled 133,606, up 27.2 percent compared to 2009. Strong December results for MDX and TSX helped Acura achieves 15,489 sales, a 51.9 percent increase compared to December 2009 sales, and the 11th straight month of double-digit sales increases for Acura.

The couple split up after an 8 year relationship

A new edition of the book plans to do away with the ‘n’ word

Centuries from Alastair Cook and Ian Bell gave England every chance to take the series and at stumps on day three of the final Ashes test, England lead by 208 runs with three wickets remaining at the SCG.

Professor returns to teach at the Kennedy School of Government after spending two years as Assistant to the President for Economic Policy and Director of the White House National Economic Council (NEC).

The EU and the IMF currently have enough funds to bailout another couple of countries that are steeped in debt. Currently, Italy, Spain and Portugal are fighting to survive while investors wonder which one will throw in the towel first.

The efforts by Facebook to raise as much as $1.5 billion outside of regulated markets is the latest test of the walls between private and public markets.

U.S. private employers added 297,000 jobs in December compared with a revised gain of 92,000 in November, a report by a payrolls processor showed on Wednesday.

Firefox has dethroned Internet Explorer (IE) in December 2010 to become the number one browser in Europe, as Google’s Chrome stole share from the Microsoft browser, a report said.

A surprise surge in private-sector employment last month for its biggest-ever rise in a private payrolls report provided the most bullish signal in months that the economy is on the mend.