IBT Staff Reporter

Prime Minister Julia Gillard unveiled Monday in Brisbane Labor's $392 million health system modernisation plan that will see patients consulting doctors online.

Dell Inc plans to buy data storage company 3PAR Inc for $1.15 billion in cash, expanding its offering of data center products to compete with rivals like IBM.

Home-builder sentiment unexpectedly fell for a third straight month in August to its lowest level in nearly 1-1/2 years, according to a survey on Monday that pointed to a weak housing market.

The Federal Reserve and other top regulators said on Monday reverse mortgages pose compliance and reputation risks for lenders, and offered guidance to financial firms on how to avoid such pitfalls.

Too many people operate under the assumption that if they do a good job, a good salary will follow. Getting the pay you want requires asking for it. But before you ask, be sure you are prepared.

Lowe's Cos posted weaker-than-expected quarterly results, but kept its forecast for same-store sales growth this year, assuring investors it will benefit once U.S. consumer demand picks up.

The Federal Reserve on Monday published new rules aimed at protecting consumers from abusive mortgage practices, including clearer cost disclosures and a ban on payments to mortgage brokers for steering borrowers into loans with higher interest rates.

In his book Rules of Thumb, Alan M. Webber writes about the differences between talkers and doers. It is a special relationship in organizational structures between those who talk up great ideas and those who make them happen.

Research In Motion has assured Indian authorities of limited access to its Messenger services by September 1 and will hold talks this week on giving access to enterprise mail, a government source said on Monday.

Stocks rose on Monday, led by technology shares, as investors shrugged off signs of a weak economy to wade into stocks that have become cheap.

China's Health Ministry on Sunday denied that a milk formula caused the premature breast growth in three baby girls due to its sex hormones.

Oil slipped on Monday in choppy trading as weak economic data in Japan and the United States fed worries about the energy demand outlook, outweighing support from a weaker dollar. News that Japan's economy expanded by a mere 0.1 percent in the second quarter, below forecasts, weighed on Asian equities and was followed later by weak U.S. data.

The technology-heavy Nasdaq rose on Monday as investors put aside worries about the economy to take advantage of beaten-down prices.

Gold rose to its highest level since early July on Monday, reprising its safe-haven properties, as gloomy Japanese economic data hit shares and stoked investor concern about the pace of global economic recovery.

The yen and the Swiss franc led a broad rally in safe-haven currencies on Monday, while the euro recovered as investors bet recent declines went too far, too fast, even as investors remained sensitive to risk in euro zone bond markets.

Lowe's Cos posted weaker-than-expected quarterly results, but kept its outlook for same-store sales growth this year, assuring investors it will benefit once consumer demand picks up.

Growth in Japan's economy slowed to a crawl in the second quarter and analysts see more weakness ahead, adding to policymakers' headaches as they grapple with deflation and a rise in the yen that threatens an export-reliant recovery.

A gauge of U.S. regional manufacturing rose in August after plunging the previous month, but it fell short of forecasts and contained some grim details, adding to evidence the U.S. recovery is losing momentum.

A gauge of U.S. regional manufacturing rose in August after plunging the previous month, but it fell short of forecasts and contained some grim details, adding to evidence the U.S. recovery is losing momentum.

Stock index futures pointed to a lower open on Wall Street on Monday as weak growth in Japan added to worries about the strength of the global economy that have hit equity markets in recent days.

Russia's severe drought may cut its grain output by 40 percent this year, a leading analyst said on Monday, as Russia's weather service forecast short-lived rains in some areas which could help planting for next year. Leading Russian agricultural analyst SovEcon said it cut its 2010 grain crop forecast to 59.5-63.5 million tons from a previous forecast of 70-75 million tons, a day after Russia's first grain export ban for 11 years kicked in.

A gauge of manufacturing in New York State rose slightly in August after plunging the previous month as employment rebounded, the New York Federal Reserve said in a report on Monday.

Dell Inc said on Monday it plans to buy data storage company 3PAR Inc for $18 per share in cash, or $1.15 billion, extending its storage product offering for cloud computing.

Capital One Financial Corp's U.S. credit-card defaults continued their decline for the fourth straight month, signaling that fewer Americans were falling seriously behind in their credit card payments.

Japan's second-quarter GDP was less than China's before seasonal adjustments, government data showed on Monday, underscoring expectations that China will overtake Japan as the world's second-largest economy this year.

The yield on U.S. 30-year Treasury bonds fell to its lowest level in 16 months on Monday with investors favoring the long-end as inflation fears ebbed in the wake of recent weak economic data.

Stock index futures fell on Monday as weak growth in Japan added to worries about the strength of the global economy that have sunk equity markets in recent days.

The euro fell sharply versus Swiss franc on Monday and safe-haven U.S. and German government bond yields hit new lows after much weaker than expected growth numbers from Japan added to worries over a faltering global economic recovery.

Will the gold bull run continue? This is the billion dollar question haunting many investors across the globe. There are conflicting reports from various quarters. A report in Press and Journal says that despite a recent dip, the price of gold has still risen by 25% over the past year, by 175% over five years and by a staggering 340% over 10 years.