IBT Staff Reporter

A new clip of the Twilight sequel New Moon has hit the web Thursday showing Jacob Black (Taylor Lautner) and Edward Cullen (Robert Pattinson) face to face in a battle.

The New York Times Co beat quarterly revenue and profit forecasts because of cost cuts and higher newspaper prices even as advertising sales fell, sending shares up 19 percent on Thursday.

Staff at the Federal Communications Commission on Thursday recommended establishing an open Internet rule aimed at restricting network operators from favoring some content over others along landlines and wireless platforms.

A group representing authors in China has accused Google of violating copyrights with its digital library, a claim that Google denies by saying the service complies with international law.

The Federal Reserve on Thursday issued guidelines aimed at ensuring pay and reward structures for bank executives do not lead to the sort of excessive risk-taking that contributed to the financial crisis..

The Obama administration will press ahead with climate control legislation, despite difficult odds of passage before December's international summit on global warming.

A bigger-than-expected rise in the number of U.S. workers filing new claims for jobless aid last week signaled the labor market remained fragile, even as a measure of economic prospects hit a two-year high last month.

Dow Chemical Co posted a 66 percent jump in third-quarter earnings on Thursday to beat Wall Street's expectations, but it warned it does not expect market improvements next year.

More Americans plan to delay retirement following steep drops in the value of their savings accounts, data from several new surveys show.

U.S. network equipment maker Tellabs Inc said on Thursday that it planned to buy wireless infrastructure gear manufacturer WiChorus for $165 million to bolster its next-generation mobile Internet technology.

The executives who run big U.S. industrial companies are cautiously optimistic about the future but, so far, their optimism does not extend very far.

Morgan Stanley said on Thursday it will seek to rapidly expand in the coming years its high-end wealth management unit catering to the ultra wealthy.

CJ Jeans is the name of the new line of denim jeans launched by Cookie Johnson hitting the store shelves and bound to be a hit for the curvy ladies.

A U.S. index of leading economic indicators rose for the sixth straight month in September, with eight of ten indicators increasing for the month, suggesting a recovery in the U.S. economy is developing, the privately held non-profit Conference Board said on Thursday.

Caterpillar Inc named company veteran Doug Oberhelman, head of its engines and turbines unit, to succeed retiring chief executive Jim Owens.

The Federal Reserve will issue new bank pay guidelines on Thursday designed to curb excessive risk taking, an industry source said.

The Federal Reserve will issue new bank pay guidelines on Thursday designed to curb excessive risk taking, an industry source said.

The Federal Reserve will issue new bank pay guidelines on Thursday designed to curb excessive risk taking, an industry source said.

The Dow industrials gained on Thursday on strong earnings reports from several components, while the Nasdaq fell on weakness in Ericsson and other technology names.

Nokia Corp., the world's biggest cellphone maker, said Thursday it had filed a lawsuit against smaller rival Apple, claiming that its iPhone infringes ten technology patents of Nokia.

Merck & Co , slated to acquire Schering-Plough Corp later this year, reported better-than-expected earnings due to cost controls and strong sales of its diabetes and HIV treatments.

Suspected Taliban militants shot and killed a Pakistani army brigadier and his driver in the capital on Thursday as the military continued a major offensive against the insurgents in their strongholds near the Afghan border.

U.S. vaccine advisers declined to press for the use of Merck & Co's Gardasil in boys and men, opting instead on Wednesday to simply advise doctors they are free to use it.

Emergency rooms may be able to give patients faster and better care by applying some of the same principles that have worked in Japanese car manufacturing, a new study suggests.

The European Central Bank has warned that EU plans to tighten regulation of hedge funds and other alternative investors risk creating a two-tier playing field that could drive the industry out of Europe.

Philip Morris International Inc and Reynolds American Inc posted higher-than-expected quarterly profits and raised their full-year forecasts on Thursday, as tax increases and the recession did not hurt the cigarette makers as much as feared.

China has not ruled out military action to rescue the crew of a coal ship hijacked by Somali pirates, but is also open to negotiations over what a Chinese military officer said on Thursday could be a long standoff.

A U.S. advisory panel has recommended the use of GlaxoSmithKline PLC's Cervarix vaccine to prevent cervical cancer in girls and young women, the company said on Wednesday.

Thousands of postal workers at state-owned Royal Mail walked out on Thursday, starting a 48-hour nationwide strike and blaming bosses and the government for failing to prevent the action.