IBT Staff Reporter

Allstate, the largest publicly-traded auto and home insurer, said on Tuesday that it had picked AIG executive Matthew Winter to be the chief executive of its troubled life insurance division.

Oct 06, 2009

Stocks rose on Tuesday amid signs the global economy was recovering and optimism that corporate earnings reports will beat expectations.

Oct 06, 2009

President Barack Obama breaks a precedent of not meeting with the Tibetan spiritual leader Dalai Lama during his five-day trip to Washington, but intends to meet the exiled leader sometime in December after his November Summit with Chinese president Hu Jintao.

Oct 06, 2009

Fund manager BlackRock remains bullish on stocks, particularly in the United States and in emerging markets, forecasting U.S. equity markets will offer annual returns of 6 to 8 percent over the next several years.

Oct 06, 2009

Blackrock Bulls; Gold's Record; Consumer Credit Falling

Oct 06, 2009

Jon Gosselin appeared on Monday night's 'The Insider' and faced a no nonsense panel questioning the reality show star.

Oct 06, 2009

Katy Perry and British comedian Russell Brand are making the latest couple rumors after they each vacationed in Thailand at the same time, People Magazine reported.

Oct 06, 2009

A rule that requires New York City fast food restaurants to post calorie information on their menu boards has not changed consumer habits in low-income neighborhoods, according to a study published on Tuesday.

Oct 06, 2009

Fund manager BlackRock remains bullish on stocks, particularly in the United States and in emerging markets, forecasting U.S. equity markets will offer annual returns of 6 to 8 percent over the next several years.

Oct 06, 2009

Google's Gmail and Yahoo's Mail were also targeted by a large-scale phishing attack, probably the same one that attacked at least 10,000 passwords from Microsoft's Windows Live Hotmail, according to a report by the BBC.

Oct 06, 2009

Oil prices rose on Tuesday as investors bought commodities to hedge against a weaker dollar and the U.S. government forecast an increase in world oil demand.

Oct 06, 2009

Gold surged to a record high above $1,040 per ounce on Tuesday, as investors piled into the metal to preserve the value of their dollar-denominated assets against erosion by a weakening dollar and inflation.

Oct 06, 2009

U.S. airlines will be required to regularly disinfect and monitor on-board drinking water systems under a new rule unveiled on Tuesday.

Oct 06, 2009

Chevron Corp will redevelop platforms and wells at Hurricane Ike-destroyed Eugene Island 339, according to a filing on Tuesday, in a boost to the Chevron-managed TEL Offshore Trust Partnership.

Oct 06, 2009

A modern take on the age-old farming technique of plowing charred plants into the soil could help tackle climate change and even food security, according to researchers in Scotland.

Oct 06, 2009

Renewed interest in the Beatles and Michael Jackson slowed the decline of U.S. album sales in the third quarter, although the industry is still on track to fall for the eighth time in nine years.

Oct 06, 2009

Fund manager BlackRock remains bullish on stocks, particularly in the United States and in emerging markets, forecasting U.S. equity markets will offer annual returns of 6 to 8 percent over the next several years.

Oct 06, 2009

While most retailers saw bleak sales this back-to-school season, consumer electronics chains saw renewed demand for notebook personal computers, according to a report from market research firm NPD Group.

Oct 06, 2009

Microsoft officially launched Windows Mobile 6.5, an upgrade to its mobile operating system on Tuesday, although reviewers were not left raving of the upgrades.

Oct 06, 2009

U.S. consumers, who have been cutting their use of credit from all-time highs last year, are likely to keep reducing commitments if the trend continues in the latest report for August due tomorrow from the Federal Reserve.

Oct 06, 2009

Madonna won substantial damages from a British paper on Tuesday for breaching her privacy and infringement of copyright by publishing purloined photos of her 2000 wedding to film director Guy Ritchie.

Oct 06, 2009

Playboy Enterprises Inc on Tuesday named an 11-year veteran of the adult entertainment company as president, while its chief executive vowed to keep printing its namesake magazine.

Oct 06, 2009

Wall Street firms are changing their bonus policies, but the revisions are not cutting back the street's appetite for risk, according to a survey by eFinancialCareers.com

Oct 06, 2009

Saturday Night Live Obama accomplishment skit featured Fred Armisen in his popular role of President Barack Obama evaluating his achievements as president

Oct 06, 2009

The popular McDonald's game run yearly started Tuesday October 6 and will run until November 2.

Oct 06, 2009

Verizon Wireless said on Tuesday it will sell two mobile phones with Google Inc's Android operating system this year, part of a partnership that could boost Google's efforts to challenge Apple Inc in the fast-growing smartphone market.

Oct 06, 2009

The Palestinian Authority Tuesday said it had asked the International Telecommunication Union to press Israel to release more frequencies for a long-awaited second mobile phone operator.

Oct 06, 2009

Stocks rose on Tuesday amid signs the global economy was recovering and optimism that corporate earnings reports will beat expectations.

Oct 06, 2009

Broker dealers must be held to a higher standard if they provide financial advice to clients, regulators told lawmakers on Tuesday as Congress weighs changes to the U.S. financial regulatory system.

Oct 06, 2009