IBT Staff Reporter

Fortune Brands Inc plans to separate the company into three, the maker of Jim Beam whiskey, Titleist golf balls and Moen faucets said on Wednesday.

German industrial production topped economists' expectations during October, a report by Destatis said, indicating the German economic recovery continues, contrary to fears of a slowdown.

Stocks were little changed on Wednesday, weighed by gains in the dollar and higher bond yields, but analysts said they expect the market to regroup before attempting a rally into year-end.

She is the queen of retail fashion with sales expected to go up to $ 1billion

Consumer credit in the U.S. rose during October, mainly boosted by a rise in student loans, a report by the Federal Reserve said on Tuesday.

Ashton Kuthcer's lawyers threaten legal action for using his name to sell sex tape

Beyonce surprises her husband with the fastest car on his birthday

U.S. healthcare group Johnson & Johnson made a long-awaited 1.75 billion euro ($2.3 billion) bid for Crucell on Wednesday, shrugging off the Dutch biotech company's recent problems with vaccine production.

Fortune Brands Inc plans to separate the company into three, the maker of Jim Beam bourbon, Titleist golf balls and Moen faucets said on Wednesday.

Stock index futures were mixed on Wednesday, pressured by rising bond yields and a stronger dollar.

Yields on German government bonds, normally seen as a safe haven by investors, rose on Wednesday as deepening uncertainty over how to stem the euro zone's debt crisis hit even Europe's strongest economy.

The S&P 500 was set to rise modestly at the open on Wednesday, boosted by positive corporate news, but a rise in bond yields and the dollar could limit gains.

Salma Hayek recalls her days as an illegal immigrant and her initial struggles as a Latino in Hollywood.

The S&P 500 was set to rise modestly at the open on Wednesday, boosted by positive corporate news, but a rise in bond yields and the dollar could limit gains.

Chinese students in Shanghai emerge at the top in international student assessment tests against Western peers, according to a PISA study.

Federal authorities have expanded an investigation into insider trading on Wall Street, bringing to more than one dozen the number of subpoenas sent to hedge funds and other investment firms over the past two weeks, people familiar with the inquiry said.

Stock index futures were little changed on Wednesday, pressured by rising bond yields and a stronger dollar.

The trustee seeking to recover money for Bernard Madoff's victims sued multi-billion dollar money-management firm Tremont Group Holdings Inc and sought an additional $555 million in recoveries from UBS AG .

British IT services company Micro Focus International Plc reported a 63 percent rise in pretax profit for the first half as revenue rose and the company lifted its interim dividend by 28.6 percent to 7.2 cents.

The Indian domestic passenger car sales jumped by 20.79 percent to 161,497 units in November, compared to 133,703 units during the same period year ago, according to data released by Society of Indian Automobile Manufacturers.

Ford Motor Company and Azure Dynamics have begun shipping the first Ford Transit Connect Electrics to early customers in North America and to the United Kingdom for a demonstration project.

The electric propulsion system of Nissan's all-electric car Leaf has been named among the 10 best engines for 2011 by Ward's AutoWorld magazine.

Australian Foreign Minister Kevin Rudd blamed the United States over the leaked diplomatic cables and maintained that Wikileaks founder Julian Assange 'is not himself responsible for the unauthorized release'.

Google officially unveiled its new Chrome OS on Tuesday, and said the new operating system would be available on laptops from Samsung and Acer.

The average American has saved less than 7 percent of his desired retirement nest egg and will likely have to keep working in retirement to supplement his income.

British building and support services firm Carillion Plc expects annual revenue to be lower than last year's $5.4 billion pounds, citing the reduction in UK construction, the sale of non-core business and equity investments in Public Private Partnership projects.

Stocks rose and U.S. government bonds saw their worst sell-off in 18 months on Wednesday as a deal on U.S. taxes highlighted Washington's expansionary fiscal stance and its likely impact on growth and future deficits.

China emerges the only destination among the top 5 to witness increase in students from the USA for year 2008-09

The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the euro zone's troubles but America's fiscal health is worse than Europe's, an adviser to the Chinese central bank said on Wednesday.