IBT Staff Reporter

Upscale retailer Neiman Marcus Inc reported sharply lower quarterly profit as worried consumers continued to avoid luxury items amid a slowdown the company expects will last for some time.

Dec 09, 2009

Stocks dipped on Wednesday as an unexpected rise in wholesale inventories was offset by an outlook from Texas Instruments Inc that suggested the recovery in technology spending would be sluggish.

Dec 09, 2009

AT&T Inc expects to pass 2 million customers for its U-Verse video service today, Ralph de la Vega, the company's head of its wireless business and consumer markets, said on Wednesday.

Dec 09, 2009

Tiger Woods and his embattled wife Elin Nordegren may leave the country to get away from it all according to a report from FOXNews.com.

Dec 09, 2009

Is soy food helpful or harmful for women with breast cancer? Studies have yielded mixed results. A new study published today suggests that breast cancer survivors may benefit from eating moderate amounts of soy products.

Dec 09, 2009

Health experts warned Wednesday of a stroke crisis in Europe which is already costing the region's economy an estimated 38 billion euros ($56 billion) a year, with numbers expected to rise as populations age.

Dec 09, 2009

Children and young people who survive cancer have a significantly higher risk of developing heart disease as young adults because of the cancer treatment they received, researchers said Wednesday.

Dec 09, 2009

U.S. advisers felt MRI imaging drugs from GE Healthcare and Covidien appear to carry a higher risk of a serious skin disease in some patients than similar products, a Food and Drug Administration official said on Tuesday.

Dec 09, 2009

Treasury Secretary Timothy Geithner on Wednesday moved to extend the government's $700 billion bailout fund into October 2010 and pledged to deploy no more than $550 billion of it.

Dec 09, 2009

Myanmar's detained opposition leader, Aung San Suu Kyi, has been insincere and dishonest in her offer to meet the country's military ruler and push for the lifting of Western sanctions, state media said on Wednesday.

Dec 09, 2009

Secretary of Defence Robert Gates visited U.S. commanders in Afghanistan on Wednesday, promising that President Barack Obama's surge of extra forces would give them what they need for success against the Taliban.

Dec 09, 2009

Residents of poor neighborhoods may die sooner than residents of wealthier neighborhoods - regardless of what they eat, how active they are, or other individual risk factors, new research suggests.

Dec 09, 2009

BlackRock Inc . Chief Executive Officer Laurence Fink is worried that some financial regulatory proposals under consideration could do more harm than good.

Dec 09, 2009

Roche Holding AG said on Wednesday three studies on its drugs used to treat early and advanced breast cancer showed good results.

Dec 09, 2009

As little as 15 minutes of physical activity a day can substantially cut death rates in men with prostate cancer, new research hints.

Dec 09, 2009

Holding off on introducing certain foods in order to prevent children from becoming allergic to them may be counterproductive.

Dec 09, 2009

Apple's iTunes on Tuesday released Rewind 2009, its lists of the year's best and best-selling media. Black Eyed Peas' Boom Boom Pow was the best-selling song at the country's leading music retailer. Kings of Leon's Only by the Night was the best-selling album and also was named best album of the year.

Dec 09, 2009

About 20 percent of kidney dialysis patients who undergo a procedure to open a blocked artery are given the wrong blood clot medicine, increasing the chances of significant bleeding, researchers said Tuesday.

Dec 09, 2009

For more than 20 years, Colin Firth has been the movie industry's go-to, buttoned-up English man.

Dec 09, 2009

Refinancing Drives Mortgage Activity; Modest Expansion for Economy; Chrysler Will Take Short Term Losses

Dec 09, 2009

They came, they conquered ... they were never heard from again. After reaching the Hot 100's Top 10 with their very first singles, none of these acts managed to crack the Top 25 for the rest of the decade. But hey, four minutes of fame is better than nothing.

Dec 09, 2009

American pop singer-songwriter Pink will headline the 2010 Wireless festival in London's Hyde Park on July 2.

Dec 09, 2009

Prison Break actor Lane Garrison, out of jail after serving time for vehicular manslaughter, is taking on a project about troubled teens and the redemptive power of football.

Dec 09, 2009

Struggling sophomore talker The Bonnie Hunt Show will stop production at the end of this season.

Dec 09, 2009

The country-folk duo of M. Ward and actress Zooey Deschanel, known as She & Him, is slated to return in 2010, proving that the 2008 collaboration wasn't just a one-off affair.

Dec 09, 2009

The recovery of many U.S. low income areas remains stymied as lenders decide completing some foreclosures simply isn't worth the cost, casting many properties into legal limbo, Federal Reserve Governor Elizabeth Duke said on Wednesday.

Dec 09, 2009

Fewer U.S. home sellers are cutting asking prices as competing inventory shrinks and an extended buyer tax incentive lessens the urgency to sell, real estate website Trulia.com said on Wednesday.

Dec 09, 2009

Low interest rates will prevail through most of next year as the U.S. economy expands modestly and the unemployment rate remains stuck in double digits, the UCLA Anderson Forecast group said on Wednesday.

Dec 09, 2009

U.S. home prices stabilized in 2009 after losing trillions of dollars in value during the previous year, real estate website Zillow.com said on Wednesday.

Dec 09, 2009