IBT Staff Reporter

Texas Instruments is betting massive new output capacity will help it extend its lead in analog chips over the next few years but said it won't use aggressive pricing to grab market share in the meantime.

Dec 13, 2010

Sprint Nextel Corp , the majority owner of Clearwire Corp , can cut its voting rights in Clearwire without reducing its economic interest in a move to help Sprint avoid liquidity risks if Clearwire ever runs out of cash.

Dec 13, 2010

Pfizer Inc named board member George Lorch as nonexecutive chairman, a week after the abrupt departure of Chairman and Chief Executive Jeffrey Kindler from the world's largest drugmaker.

Dec 13, 2010

The U.S. Navy has brought a concept that has long been a staple of science fiction closer to reality.

Dec 13, 2010

Lawyers for Julian Assange, held in Britain over allegations of sex crimes in Sweden, will try again on Tuesday to win bail for the WikiLeaks founder who provoked U.S. fury by publishing secret diplomatic cables.

Dec 13, 2010

Pfizer Inc said on Monday that board member George Lorch was elected nonexecutive chairman of the board, effective immediately, and the world's largest drugmaker raised its dividend by about 11 percent.

Dec 13, 2010

Accompanied by Cabinet members, members of Congress from both parties, parents, teachers, students and the First Lady, President Barack Obama today signed the Healthy, Hunger-Free Kids Act of 2010 into law.

Dec 13, 2010

The Gold Price in Dollars hit a 3-session high in London on Monday, rising alongside world stock markets and commodities on what one trader called relief that Beijing did not hike Chinese interest rates as expected at the weekend.

Dec 13, 2010

General Motors Co said on Monday that it was looking to reduce its payroll by several thousand skilled trade workers at 14 U.S. plants in the first quarter of 2011.

Dec 13, 2010

The European Central Bank is considering requesting an increase in its capital from euro zone member states, euro zone central bank sources told Reuters, as a cushion against any potential losses from its bond buying.

Dec 13, 2010

The administrator of BP Plc's $20 billion fund to compensate Gulf Coast residents affected by the oil spill said on Monday he would speed up the process by offering quick payments to those who waive their right to sue.

Dec 13, 2010

Dealing a blow to a key part of the recently passed U.S. health care reform law, a federal judge ruled Monday it is unconstitutional to require individuals to buy health insurance or face a fine.

Dec 13, 2010

Toshiba Corp <6502.T> expects its notebook personal computer sales in the United States to sharply outpace the industry in the holiday season.

Dec 13, 2010

Research In Motion likely sold as many BlackBerrys in its last quarter as Apple sold iPhones, aided by a strong showing from its new Torch smartphone, as Google gathers steam and Microsoft enters the fray.

Dec 13, 2010

Corporate treasurers and finance executives believe that no additional fiscal stimulus is necessary to boost the U.S. economy, and many see inflation risks in the Federal Reserve's latest bond-buying effort, according to a survey released on Monday.

Dec 13, 2010

Two senators, armed with a new report on piracy and counterfeiting in China, urged Beijing on Monday to step up efforts to protect American movies, software and other goods from illegal copying.

Dec 13, 2010

The European Central Bank is considering requesting an increase in its capital to help cope with the rising costs of fighting the euro zone debt crisis, euro zone central bank sources told Reuters.

Dec 13, 2010

Dell Inc plans to buy data storage company Compellent Technologies Inc for about $960 million, in a bid to shake its reliance on hardware, but it may need to do more to compete in new technologies like cloud computing.

Dec 13, 2010

The Nasdaq closed lower to end eight straight days of gains on Monday as some large-cap tech stocks slid in a late-day sell-off.

Dec 13, 2010

A significant drop in jobs in the legal sector over the past two months and a sluggish rise in billing rates in 2010 indicate that law firms are still struggling to overcome the economic slowdown.

Dec 13, 2010

Convicted swindler Bernard Madoff will conduct a private service in prison in memory of his son, Mark, who committed suicide on Saturday, Madoff's lawyer Ira Lee Sorkin said on Monday.

Dec 13, 2010

‘Tis the season for the annual crackdown on drunk driving.

Dec 13, 2010

Annette Bongiorno, who worked at the firm of convicted swindler Bernard Madoff for 40 years, is struggling to make bail on criminal charges as the case becomes more notorious, her lawyer said on Monday.

Dec 13, 2010

The Nasdaq closed lower and ended eight straight days of gains on Monday while the Dow and S&P 500 ended flat as optimism faded over China's move to tame its growth.

Dec 13, 2010

Premier League match between Manchester United and Arsenal, 15:00 ET, December 13, 2010 at Old Trafford, England

Dec 13, 2010

The New York Film Critics Circle on Monday named Facebook film The Social Network the best movie of the year, and gave its best director honor to the movie's maker, David Fincher.

Dec 13, 2010

Teenager Justin Bieber had four of the top 10 most-watched music videos in the world on YouTube in 2010, with Baby taking claiming the top spot at more than 400 million views, YouTube said on Monday.

Dec 13, 2010

The U.S. Small Business Administration is renewing a popular loan program for small business owners who are veterans.

Dec 13, 2010

Toshiba Corp will spend about 100 billion yen ($1.19 billion) to build a factory for making small LCD panels, mainly to supply to Apple Inc's iPhones, the Nikkei business daily said.

Dec 13, 2010