IBT Staff Reporter

Drought-devastated Russia could extend a grain export ban into next year and may cut its 2010 beet sugar output, reflecting the dimming prospects for crops in the scorched Black Sea bread basket region.

Chrysler Group LLC reported a quarterly net loss on Monday, underscoring the pressure on the smallest U.S. automaker from a slack economy and an aging product line-up.

New summer drinks in the United States and longer hours in Europe helped McDonald's Corp sales beat Wall Street forecasts for July and lifted its shares to their highest ever.

Stocks ticked higher on Monday on speculation the Federal Reserve would add liquidity in a move to strengthen the economy just days after a weaker-than-expected jobs report, the latest to suggest the recovery was losing momentum.

Eyewitness accounts that form the basis of the judicial system can be easily contaminated revealed an Australian study.

Hedge fund investor William Ackman has bought a slice of debt on Stuyvesant Town Peter/Cooper Village and could become the next owner of the sprawling Manhattan apartment complexes.

Sluggish markets and the May 6 flash crash pinched even highflier Goldman Sachs Group Inc in the second quarter, according to the company's quarterly report filed on Monday.

Stocks gained on Monday, lifted by expectations the Federal Reserve will add liquidity to strengthen the economy when it meets on Tuesday, while shares of Hewlett-Packard fell after the chief executive's resignation.

Honda Motor Co said on Monday it was recalling more than 428,000 vehicles in the United States and Canada because of a defect that could cause the cars to roll away if they are parked incorrectly.

Carnamah District High School Principal, Rod Baker has taken a step to writing letters to parents concerning the fears of students of going to school just to avoid bullies and to gather support in the move to control the bullying behaviors among student.

Skype, a provider of Internet telephone services, plans to raise up to $100 million in an initial U.S. public offering of its shares, according to filings made to regulators on Monday.

Honda Motor Co plans to sell a hybrid version of its popular Fit compact car at around 1.59 million yen ($18,600), making it the cheapest hybrid in Japan when it goes on sale in October.

Ford Motor is planning to win back its investment grade credit rating that it lost in 2005, the Wall Street Journal said, citing people familiar with the situation.

Saudi Arabia told the kingdom's telecom operators on Saturday to test a proposed fix to the perceived national security threat posed by Research In Motion's BlackBerry smartphones, and said it would not ban service if the test was successful.

BMW, the world's biggest premium car maker, increased sales volumes of its flagship BMW brand by 12 percent in July thanks largely to soaring demand in China.

Forbes magazine released the results of a study last week that ranked the best sports fans in America. The study revealed that Boston Red Sox fans are best in the nation.

A new study says pregnancy six months after a miscarriage is less complicated than in women who wait more than half a year to conceive again after losing a newborn at birth.

Dish Network Corp said it lost satellite television customers in the second quarter due to intense competition and consumers struggling with the economic downturn.

According to a recent study conducted by Australian scientists -published in the Cancer Epidemiology, Biomarkers and Prevention journal, the drugs used in the treatment of asthma by thousands of men may be increasing the risk of developing prostate cancer.

U.S. stocks gained on Monday, lifted by expectations the Federal Reserve will add liquidity to the economy when it meets on Tuesday amid worries of a slowing recovery.

A gauge of the U.S. job market rose in July for the 14th straight month although its pace of increase slowed, suggesting job growth would struggle to keep up with growth in the working-age population, a research group said on Monday.

Car sales in China rose at their slowest in 15 months in July as the world's largest auto market cooled further after a roaring 2009, but Indian sales hit a record high thanks to sound economic prospects and new models.

Mortgage finance giant Freddie Mac (FMCC.OB) on Monday said it would need another $1.8 billion in aid from taxpayers, bringing its total request since it was taken over by the government two years ago to more than $64 billion.

A smaller percentage of U.S. homeowners were saddled with underwater mortgages in the second quarter as more homes entered the foreclosure process even as price declines slowed, real estate website Zillow.com said on Monday.

A review of 88 studies on allergens since 2001 has found that allergy shots or allergen immunotherapy can reduce asthma symptoms or attacks.

South Australia's nurses and midwives warned on Monday that they may still go on strike if negotiations with the state government over pay raise, staffing and workload fail.

Stocks edged higher on Monday, lifted by forecasts one day ahead of the Federal Reserve's policy making meeting that the Fed will resort once more to some mild quantitative easing.

Girls in the U.S. may be continuing to hit puberty at earlier ages, according to new research.