IBT Staff Reporter

Japan Airlines Corp plans to ask creditors for 250 billion yen ($2.8 billion) worth of debt forgiveness and debt-for-equity swaps and will also seek 150 billion yen in capital, a source familiar with the matter said.

Charlize Theron has opted out of the thriller The Tourist, to which she has long been attached, and sources say Angelina Jolie is in talks to replace her.

U.S. agribusiness and trading company Cargill Inc reported a 65 percent drop in quarterly profit on Tuesday, hurt by plunging earnings at fertilizer maker Mosaic Co, in which Cargill is the majority shareholder.

If you are what you eat, you may also be a product of where you live: Living in a neighborhood where it's pleasant and easy to walk and fresh fruits and vegetables are close at hand can slash a person's

Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and cardiac stents disappointed, sending its shares down more than 2 percent.

The scars of childhood cancer may go beyond the physical: Adults who survived cancer as children may have lower-than-average likelihood of getting married, a new study suggests.

Stock futures turned mostly lower on Tuesday as Johnson & Johnson's third-quarter sales figures disappointed investors, offsetting a lift from higher commodity prices that rose with the weaker U.S. dollar.

British entrepreneur James Dyson, who famously brought sex appeal to the lowly household vacuum cleaner, is back with another high-tech invention: but does the world really need a $300 room fan?

People who live in neighborhoods with safe sidewalks, ample parks, good public transportation and ready access to fresh fruits and vegetables are 38 percent less likely to develop diabetes than others, U.S. researchers said on Monday.

Bank of America-Merrill Lynch has hired Tan Chong Lee, who was last at Goldman Sachs, as its head of Southeast Asia investment banking, two sources familiar with the matter said on Tuesday.

Once swine flu patients are sick enough to need hospital care, they decline very fast, requiring ventilators and advanced treatments that quickly strain scarce hospital resources, several teams reported on Monday.

Alas, the reigning champ of Twitter vitriol has decided to hang up her boxing gloves.

Michael Jackson didn't do it his way after all.

With the undead of Zombieland stalking the box office, one person involved with the picture may be enlivened more than any character on the screen: director Ruben Fleischer.

Country star Carrie Underwood is returning to Fox, the network that catapulted her to stardom with American idol, to host a variety special.

Matthew Perry is returning to broadcast television with an untitled comedy he will star in, co-write and executive produce.

Bank of America Corp agreed to give regulators more information about why it refrained from disclosing details about Merrill Lynch's performance before it bought the investment bank, federal regulators said on Tuesday.

Elvis Presley fans keen to own a chunk of their idol now can: locks of what is claimed to be The King's hair are up for auction next week.

Domino's Pizza Inc (DPZ.N) reported a higher-than-expected quarterly profit on Tuesday, boosted by lower interest expense and tighter cost controls.

Singer and actress Barbra Streisand will auction hundreds of pieces of furniture, art, clothes and other possessions this week in a Beverly Hills charity auctio

More than a quarter of the staff at the Singapore office of private bank RBS Coutts have quit in a mass resignation and some are joining Swiss rival BSI.

Minor barriers to trade could slow the speed of a global economic recovery even if protectionism has not reached the high levels seen in the past, the head of the World Trade Organisation said on Tuesday.

Michael Jackson's new single This Is It was released online and on radio on Monday but fans and music experts quickly spotted striking similarities to an 18-year-old recording.

At its best, David Mamet's 1992 play Oleanna pushes plenty of buttons concerning viewers' attitudes toward sexual politics and political correctness.

Privately owned U.S. oil and gas producer Chaparral Energy Inc and United Refining Energy Corp, a special-purpose acquisition company, will merge and transfer its listing to the New York Stock Exchange.

Stock futures were flat on Tuesday as a weaker U.S. dollar helped lift commodity prices and Johnson & Johnson's third-quarter sales figures disappointed investors.

CIT Group Inc (CIT.N) said Chief Executive Officer Jeffrey Peek plans to retire at the end of the year, as the commercial finance company struggles to avoid bankruptcy.

The world's first commercial passenger flight powered by a fuel made from natural gas completed late on Monday a six-hour journey from London to Qatar, one of the biggest producers of natural gas.

Within weeks of taking office, U.S. President Barack Obama rode to the rescue of homeowners resigned to financial ruin.