IBT Staff Reporter

From Wall Street to the City of London to Hong Kong's Central District, bankers are bracing for bonuses to be down 7 percent on average from a year ago, and higher salaries will only partially cushion the hit, a Reuters/IFR global poll shows.

U.S. communications regulators adopted Internet traffic rules on Tuesday that prevent providers from blocking lawful content but still let them ration access to their networks.

AMR Corp's American Airlines said on Tuesday it would no longer sell flights on online travel agency Orbitz Worldwide after a ruling from an Illinois court.

Twelve Congressional seats will be shifting states in time for the 2012 elections, according to figures released today by the 2010 U.S. Census, and the most seats are coming to Texas..

U.S. stocks rose on Tuesday as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year.

Prince drove the audience crazy with his medley of hits, solos, dancing - in short his musical genius at Madison Square.

Toronto-Dominion Bank is buying Chrysler Financial for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the U.S. economic recovery.

New York prosecutors sued Ernst & Young, accusing the accounting firm of helping to hide Lehman Brothers Holdings Inc's financial problems, the first major government legal action stemming from the Wall Street bank's 2008 downfall.

Scientists didn't see black holes when they fired up the Large Hadron Collider, but they plan to try again.

A appeals court ruled in favor of Tessera Technologies Inc in a chip patent dispute with Qualcomm Inc , Spansion Inc , Freescale Semiconductor Inc , ATI Technologies and STMicroelectronics NV .

There are now 308.7 million people in the United States, or 308,745,538 persons to be more exact as of April 1, 2010, according to the U.S. Census Bureau, which released the 2010 Census data today.

Activision Blizzard Inc has raked in more than $1 billion in worldwide sales of Call of Duty: Black Ops, the latest installment of the U.S. game publisher's most successful franchise.

The world's No. 3 copper mine, Collahuasi, scrambled on Tuesday to find a new way to ship metal and generate cash after an accident shut its Patache port terminal, strangling its exports as copper prices hit new highs.

A trade panel that specializes in patent cases has agreed to hear the complaint of Motorola Inc's subsidiary Motorola Mobility against Microsoft Corp , the panel said on Tuesday.

Stocks rose on Tuesday as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year.

More than 1.5 million cellphones carrying Microsoft Corp's Windows Phone 7 operating software have sold in the first six weeks of launch, meeting what the company called realistic expectations.

Apple Inc expects sales of Apple TV to top 1 million units this week, showing that the device is gaining traction in bringing the Web to TV.

Toronto-Dominion Bank is buying Chrysler Financial for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the U.S. economic recovery.

The Gold Price touched a 4-session high at $1390 per ounce in early London trade on Tuesday, rising for Euro and UK investors as world stock markets hit new two-year highs.

New York prosecutors sued Ernst & Young, accusing the accounting firm of helping to hide Lehman Brothers Holdings Inc's financial problems, the first major government legal action stemming from the Wall Street bank's 2008 downfall.

European rescue funds will start raising cash on the market to help Ireland in January, starting with bonds issued by the European Financial Stability Mechanism, the European Commission said in a statement.

Microsoft says that in six weeks on the market 1.5 million phones carrying the Windows Phone 7 operating system were sold.

Internet TV services planned by Microsoft, Google and Amazon could be held back by imminent rules that would allow phone and cable companies to charge consumers based on usage, media executives told Reuters.

Toronto-Dominion Bank is buying Chrysler Financial from Cerberus Capital Management for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the resilience of the U.S. economy.

Stocks advanced on Tuesday as solid earnings and a flurry of merger action laid the foundation for a steady upward trend in the equities market that investors potentially see accelerating.

Autism is growing at an alarming rate in the United States. Just 20 years ago, about one in 5,000 children were diagnosed with the disorder. The current rate, according to the U.S. Centers for Disease Control and Prevention, is 1 in 110.

Consumer confidence in Germany is slipping, as people are unsure about the economic recovery in the region and their personal income, a survey said on Tuesday.

Leisure company Carnival Corp. & Plc reported a 29 percent rise in fourth quarter profit, as 4.9 percent capacity increase and higher revenue yields drove revenue growth.

More than 1.5 million cellphones carrying Microsoft Corp's Windows Phone 7 operating software have sold in the first six weeks of launch, meeting what the company called realistic expectations.