IBT Staff Reporter

The coal industry is slowly rebounding from last year's recession with demand and prices inching upward, although inventories at U.S. power stations are still way higher than normal, U.S. coal mining executives said on Monday.

An influential Iranian leader suggested on Monday Iran should quit the Non-Proliferation Treaty in protest against a U.N. censure over its nuclear activity, but its atomic energy chief dismissed such a move.

Holiday sales of Sirius XM Radio's satellite radio players are so far matching expectations, helped in part by an advertising blitz featuring footage of Elvis Presley and Michael Jordan.

Apple is projected to enjoy huge Mac sales from Black Friday, the biggest shopping day in a year, analyst said on Monday, citing third-party retailers as the key.

U.S. stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai's debt woes will be contained.

Major automakers are expected to report flat U.S. auto sales for November from a year ago -- another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.

U.S. stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai's debt woes will be contained.

General Motors has regained full control over Opel after paying back a 1.5 billion euro emergency loan including interest, dissolving a trust that held a 65 percent stake in the European carmaker.

U.S. stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai's debt woes will be contained.

While the term “Black Friday” has been used for several decades by retailers, the public and media to describe the day after Thanksgiving, some new terms are coming into use to describe additional events in the holiday shopping cycle.

Oil prices rose slightly on Monday as the weak dollar provided support, outweighing concerns over debt-laden Dubai and its impact on the global economy.

Professional golfer, Tiger Woods, will not play at this week's Chevron World Challenge in California citing injuries from his car accident in Florida on Friday.

U.S. stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai's debt woes will be contained.

Job losses in the United States slowed sharply in November, cushioned by seasonal adjustments and a budding economic recovery that is encouraging some companies to retain workers, a Reuters survey predicts.

Oil prices steadied at $76 a barrel on Monday, shedding most of the session's early gains, as worries about Dubai's debt crisis and its impact on the world economic recovery returned to haunt investors.

The Chinese premiere characterized international pressure to allow its currency to appreciate as unfair, saying countries calling for a change were themselves embarking on “brazen trade protectionism.”

More technology companies went public this year despite a world economy still trying to find its footing, and that is a good sign the pace of tech initial public offerings might accelerate in 2010.

U.S. stocks rose on Monday, led by financial shares in a late rebound on hopes that possible fallout for U.S. banks from Dubai's debt woes will be contained.

President Barack Obama on Monday was prepared to announce he will deploy about 30,000 more U.S. troops to Afghanistan as part of a new strategy that will stress a U.S. intention to ultimately exit the country.

A clutch of major emerging economies including China and India have forged a united front to put pressure on developed countries at next month's climate change negotiations in Copenhagen.

Three little letters could spell big trouble for global climate change negotiations even after China, the world's biggest emitter of greenhouse gases, announced its first firm goals to curb emissions.

The Aussie dollar firmed in local trade yesterday with local equity markets recouping some of Friday's large losses.

Long shadows from the global financial downturn hang over the United Arab Emirates as it marks its 38-year existence with flags and fireworks this week.

Chelsea Clinton, the daughter of former U.S. President Bill Clinton and current Secretary of State Hillary Rodham Clinton is engaged to Marc Mezvinsky, the couple confirmed on Friday.

Britain will send 500 more soldiers to Afghanistan in December as part of a broader surge in NATO-led troop levels to tackle worsening violence and train Afghan forces, Prime Minister Gordon Brown said on Monday.

The United Arab Emirates' central bank governor said on Monday there was no cause for concern about local banks, which he said had proven themselves able to weather the global crisis, the state news agency WAM reported.

Stocks inched lower on Monday with retail shares down after Black Friday and data suggesting weak holiday sales, while data showing expansion in business activity in the Midwest helped to limit losses.

The CrunchPad Tablet PC has “self destructed” and is now “in the DeadPool” just weeks before its public launch, according to TechCrunch founder Michael Arrington. TechCrunch's partner in making the CrunchPad, Singapore-based FusionGarage, broke off plans ahead of the set Nov. 20 launch, Arrington said in a posting titled “The End of the CrunchPad” on his site Monday.

Welcome to Tokyo's Shinjuku station. One of the world's busiest. With some two