IBT Staff Reporter

U.S. stocks rose on Monday as energy shares climbed along with the price of oil, and Microsoft Corp boosted the tech sector after several brokerages raised their price targets on the company.

Oct 26, 2009

Public finance could help stimulate private investment in climate change solutions in developing countries, a report commissioned by the United Nations' Environment Program showed on Monday.

Oct 26, 2009

Barclays Plc bought the bank arm of British insurer Standard Life Plc for 226 million pounds ($369 million) on Monday, in a move to build up its UK mortgage and savings business.

Oct 26, 2009

Poland will soon sign a deal to sell a total 40 million euros ($60 million) of surplus greenhouse gas emission rights to Spain and Ireland, the first such government-to-government deal under the Kyoto Protocol, its environment minister said.

Oct 26, 2009

Anglo American, pressured by investors after an abortive merger bid from rival Xstrata, could offload its zinc operations first in a fresh divestment drive that could raise $6 billion.

Oct 26, 2009

Cadbury Plc investor Mario Gabelli has given further encouragement to Kraft Foods Inc that a bid for the British confectioner could succeed if pitched around 820 pence.

Oct 26, 2009

Finance company Ares Capital Corp said it will buy rival Allied Capital Corp in an all-stock deal valued at $648 million.

Oct 26, 2009

Democratic leaders moved on Friday to build support among the elderly for a massive overhaul of the U.S. healthcare system, saying the measure would immediately start closing a gap in Medicare prescription drug coverage.

Oct 26, 2009

Nine-year-old Corey Haas can ride his bike alone now, thanks to an experimental gene therapy that has boosted his fading vision with a single treatment.

Oct 26, 2009

Dutch bancassurer ING Group NV will split in two, shrinking itself into a smaller Europe-focused bank, in the most striking example yet of the deep changes the EU wants to force on banks that received state aid.

Oct 26, 2009

Specialty glass maker Corning Inc posted better-than-expected quarterly profit on stronger demand for glass for flat screen televisions, and said it expected that market to grow by 15 percent in 2010.

Oct 26, 2009

President Barack Obama has declared 2009 H1N1 swine flu a national emergency, the White House said on Saturday.

Oct 26, 2009

Former Smiths' front man Morrisey was discharged from hospital in a much improved condition after staying overnight due to a collapse on stage in a concert in the U.K., medical officials said Sunday, according to CNN.com.

Oct 26, 2009

Barclays Plc bought the bank arm of British insurer Standard Life Plc for 226 million pounds ($369 million) on Monday, in a move to build up its UK mortgage and savings business.

Oct 26, 2009

Cadbury Plc investor Mario Gabelli has given further encouragement to Kraft Foods Inc that a bid for the British confectioner could succeed if pitched around 820 pence.

Oct 26, 2009

Having suffered more than 15 years of false starts, failures and musical disappointments, singer-songwriter Harper Simon admits he has hardly charted the ideal path to pop stardom like his father, Paul Simon.

Oct 26, 2009

Low-budget fright film Paranormal Activity scored a kill over the sixth picture in the perennial Saw franchise, with a pre-Halloween weekend box office draw of $22 million.

Oct 26, 2009

A group of Blackstone Group LP (BX.N) investors has appealed the dismissal of their class-action lawsuit seeking to hold the private equity firm responsible for their losses on its stock.

Oct 26, 2009

By now, most anybody who has read of the upcoming Michael Jackson movie, This Is It which debuts globally October 28, knows it was directed by Jackson's friend and dance choreographer Kenny Ortega.

Oct 26, 2009

British composer Andrew Lloyd Webber has been diagnosed with prostate cancer, the BBC reported on Sunday.

Oct 26, 2009

Morrissey, the former singer in the British band The Smiths, left hospital Sunday after spending the night there as a precautionary measure after collapsing on stage, a hospital spokeswoman said.

Oct 26, 2009

New York theater insiders have been wondering for months exactly how Chicago director David Cromer -- currently hotter than hot thanks to the transfers of his acclaimed productions of Adding Machine and Our Town -- would handle the high-profile assignment of staging the Broadway revivals of Brighton Beach Memoirs and Broadway Bound, which will run in repertory under the heading The Neil S...

Oct 26, 2009

Australian investment bank Macquarie Group (MQG.AX) said on Monday it plans to acquire Blackmont Capital from CI Financial (CIX.TO) for $C93.3 million ($88.6 million), in a bid to expand its wealth management business and product portfolio in Canada.

Oct 26, 2009

U.S. government debt prices were mostly weaker on Monday before $7 billion auction of five-year Treasury Inflation-Protected Securities, part of this week's $123 billion in record supply.

Oct 26, 2009

The new Michael Jackson record This Is It hits stores around the world on Monday, kicking off a week of money-spinning events dedicated to the king of pop, but the outlook for the two-disc album is decidedly mixed.

Oct 26, 2009

The lure of double-digit returns is feeding a rally in Europe's credit markets, opening up financing opportunities for hitherto unwanted companies - and signalling the market may be overheating.

Oct 26, 2009

A three-month moving average of a gauge of U.S. economic activity, though below its historical trend, has neared levels seen at the end of previous recessions, a Chicago Federal Reserve report said on Monday.

Oct 26, 2009

Health Care Waste; ING's Split; Rethinking the Movie Business

Oct 26, 2009

Pakistani forces detained 11 Iranian Revolutionary Guards on Monday for crossing into Pakistan days after an Iranian commander was reported saying his men should be allowed to confront terrorists in Pakistan.

Oct 26, 2009