IBT Staff Reporter

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.

Federal Reserve Chairman Ben Bernanke on Monday said the U.S. economy's recovery remained fragile and unemployment may be high for some time, cooling anticipation of an early increase in U.S. interest rates.

China, Brazil, South Africa and India want a global climate treaty wrapped up by June 2010, according to a joint draft document prepared for the Copenhagen climate summit which opened on Monday.

As the U.S. Congress fights over legislation to reduce greenhouse gas emissions blamed for global warming, the Obama administration is considering a series of regulations that also would cut such pollutants.

President Barack Obama will not shirk from mentioning Afghanistan and his decision to send more troops to the war zone when he accepts the Nobel Peace Prize this week, the White House said on Monday.

TLC's reality show 18 Kids and counting star Michelle Duggar was rushed to the hospital over the weekend due to a problem in the gallbladder, People Magazine reported today.

The United States believes North Korea may be ready to resume talks on its nuclear program but will not offer any new inducements to get Pyongyang back to the negotiating table, a senior U.S. official said on Monday.

Google has beefed up its search capabilities by releasing real-time search and announcing a new product in Google Labs, called Google Goggles, which is a visual search feature. Google made the announcements during Google's 3rd annual review of Internet search technology; an event the company calls Searchology.

Iranian security forces fired warning shots in Tehran on Monday and beat opposition protesters among thousands seeking to renew their challenge to the government six months after a disputed election, witnesses said.

Sergio Marchionne believes he can keep up his transatlantic commute for two years before something would have to be done about his dual role as head of Italy's Fiat and Chrysler.

The United States' Environmental Protection Agency ruled today that man-made greenhouse gases are deteriorating the natural balance of the planet's atmosphere, changing its climate and therefore threatening the health of Americans.

British telecoms firm Daisy Group Plc posted a loss for the nine-month period and said it would cut jobs to integrate its acquired businesses but was comfortable with current market expectations.

Following the very public fallout between TechCrunch's Michael Arrington and Singapore-based Fusion Garage over a tablet PC, Fusion Garage revealed its side of the story and unveiled its tablet device.

EBay Inc's former chief executive, Meg Whitman, took the witness stand on Monday to make the case online classifieds site Craigslist unfairly cut eBay's stake in the company.

Three former executives at now-bankrupt lender New Century Financial Corp were charged with fraud by U.S. securities regulators on Monday, the latest government effort to pursue wrongdoing in the subprime mortgage market.

Cosmos Capital Inc, a Canadian private equity group, said late on Monday it withdrew from a bidding war for the nation's largest domestic advertiser, Cossette Inc, four months after its first bid was rejected.

A group of international and regional banks met Dubai World for the first time on Monday as talks began on the company's efforts to restructure $26 billion of debt, the Financial Times reported on Monday.

A senior Treasury Department official defended the government's much-criticized mortgage modification program and said it will help millions of homeowners in the next few years.

The S&P 500 and Nasdaq ended slightly lower on Monday and the Dow was flat, reversing earlier gains, after comments by Federal Reserve Chairman Ben Bernanke sparked jitters about the economic recovery.

Google Inc has revamped its search engine to allow results to be refreshed with up-to-the-second data increasingly churned out by the new crop of real-time Web products.

Another Tiger Woods mistress has come public with her story, Mindy Lawton told News of the World details of her affair with Woods.

Tackling Global Warming; Obama's Jobs Plan; Economy Fragile but Rising

Eight people charged in a coast-to-coast U.S. hedge fund insider trading investigation have at least one more month for possible resolution of their criminal cases, according to court records on Monday.

Virgin Galactic is ready unveiled a commercial rocket plane designed to launch tourists into suborbital space for $200,000 a seat, the company said Monday. The first glimpse of SpaceShipTwo, Virgin's first commercial passenger spacecraft, comes after it private construction began in 2007.

FedEx Corp said on Monday that its second-quarter earnings would easily beat its previous forecast, citing strong growth in international demand for its air services, especially in Asia and Latin America, and its shares rose more than 3 percent.

The U.S. Securities and Exchange Commission will likely seek public input on so-called high-frequency trading strategies, and whether traders using them gain any special advantages by placing fast computers next to exchanges.

Google Inc has revamped its search engine to allow results to be refreshed with up-to-the-second data increasingly churned out by the new crop of real-time Web products.

Leading Indian telecoms firm Bharti Airtel sees revenue pressured in the short term amid an intense price war in the country's wireless sector, director Akhil Gupta told news channel CNBC-TV 18.

Federal Reserve Chairman Ben Bernanke on Monday said the U.S. economy's recovery remained fragile and unemployment may be high for some time, cooling anticipation of an early increase in U.S. interest rates.