IBT Staff Reporter

For the second time since his controversial American Music Awards performance, ABC has canceled an appearance by Adam Lambert, this time on Jimmy Kimmel Live.

Michael Jackson's three children, reality TV mom of eight Kate Gosselin and former Republican vice presidential candidate Sarah Palin were picked Wednesday as some of the most fascinating people of 2009 -- according to Barbara Walters.

The Sundance Film Festival on Wednesday listed the 64 films that will compete for awards at the upcoming premiere event for independent films, which for 2010 has a new director and three opening night offerings.

In another sign of its commitment to building content strength, Comcast unveiled an exclusive video-on-demand partnership with country singer Taylor Swift on Wednesday -- a day ahead of a likely announcement of a deal that would give the cable giant a 51 percent stake in NBC Universal.

Sweden's SKF said on Thursday its automotive business had fared better than expected so far in the fourth quarter, but warned the phasing out of incentive schemes in Europe could dent sales going into 2010.

French carmaker PSA Peugeot Citroen could buy a large stake in Japanese peer Mitsubishi Motors Corp as part of a plan to deepen ties to ride out the industry's worst ever slump.

Three teenagers and an adult man pleaded not guilty on Wednesday to breaking into the homes of Hollywood actors such as Orlando Bloom and Lindsey Lohan and stealing millions of dollars worth of jewelry and other items.

Not long ago, General Motors UM.UL as the biggest company in the United States could have attracted a legion of CEO candidates, but the automaker only looked within.

Chilean retailer Hites raised $43 million on Thursday, selling a near 30 percent stake in the company in an initial public offering that the company said would help expand its businesses.

A list of the most-watched TV episodes of the decade reads like an exercise in nostalgia. Only one telecast aired after 2006. With the increasingly fractured TV universe, we probably won't see a list quite like this again. Excluding duplicate titles, here are the Top 10 TV series episodes since 2000:

Belgian drugmaker Movetis priced its initial public offering at 12.25 euros on Thursday -- just below the middle of an indicated range of 11.25-14.25 euros, a further sign of the resurgence of the European IPO market.

Italy will send around 1,000 additional soldiers to Afghanistan as part of U.S. President Barack Obama's planned troop increase, Italian Defense Minister Ignazio La Russa said in an interview published on Thursday.

Outdoor-products retailer Gander Mountain Co's third-quarter profit rose four fold, helped by higher sales at its retail segment, sending its shares up 5 percent.

Price increases put in place a year ago boosted quarterly profit at Del Monte Foods Co and prompted the company to raise its full year earnings view, sending shares up 5 percent Thursday morning.

Iraqi Vice-President Tareq al-Hashemi said on Thursday he had postponed until Sunday a decision on whether to sign or veto an election law required for next year's critical poll, after a court gave him more time.

Airbus sold 52 A320 single-aisle jetliners worth $4 billion in an unexpected bounce in plane demand in November, but the name of the airline betting on a recovery in depressed travel demand was kept under wraps.

It was seen as a symbol of the new emerging India -- a factory that would not only generate thousands of jobs, but manufacture cheap pesticides for millions of farmers.

A suicide bomber killed at least 19 people including three Somali government ministers on Thursday at a graduation ceremony in a Mogadishu hotel, witnesses and officials said.

The commander of U.S. forces in Afghanistan reassured top officials on Thursday that Washington was not planning an early exit, part of a charm offensive to sell President Barack Obama's new strategy on three continents.

When General Electric Co sells its control of NBC Universal to Comcast Corp, it will begin an exit from a relationship formed at the dawn of television.

Oil and gas company Denbury Resources Inc said it would buy a 95 percent working interest in the Conroe Field in Houston for about $430.7 million in cash and stock from Wapiti Energy LLC.

H1N1 swine flu has not peaked yet but seems to be waning in Canada and the United States, signalling that the end of the pandemic may be on the horizon, the World Health Organisation (WHO) said on Thursday.

Prime Minister Vladimir Putin said on Thursday he would not leave Russian politics any time soon, telling a questioner asking about his departure: Do not hold your breath.

AstraZeneca has bought rights to an experimental antidepressant from Targacept in a deal worth up to $1.24 billion, boosting its pipeline and slapping a big endorsement on its U.S. biotech partner's drug.

Treasury Secretary Timothy Geithner on Thursday said the Federal Reserve must play a central supervisory function in ensuring the stability of the U.S. financial system.

U.S. stocks lost ground on Thursday after data showing the U.S. services sector shrank unexpectedly in November offset Bank of America's plans to repay $45 billion in taxpayer bailout funds.

Vivendi said on Thursday it had agreed to sell its 20 percent stake in U.S. media group NBC Universal to majority-owner General Electric for $5.8 billion, clearing the way for a separate deal under which GE would give Comcast Corp control over NBCU.

A group led by former Ford Motor Co executives has submitted a revised bid this week for Ford's Volvo unit and hopes to beat the offer by Chinese carmaker Zhejiang Geely Holding Group, the Wall Street Journal reported citing people familiar with the situation.

Volkswagen will likely complete the first stage of its planned integration with indebted Porsche SE when VW buys a 49.9 percent stake in Porsche's profitable sports car business next week.