IBT Staff Reporter

New York City Mayor Michael Bloomberg has a wide lead in the November mayoral election campaign after his main rival officially entered the race, according to a poll published on Thursday.

Hewlett-Packard Co predicted that overall IT spending would bounce back next year, but set a fiscal 2010 revenue forecast that came in just below Wall Street's expectations.

A top executive at France's biggest telecommunications company, which is dealing with a spate of suicides, warned that the barrage of emails from smartphones and personal computers was stressing out employees.

Paul Kirk, a former Democratic National Committee chairman and a close friend of the late Senator Edward Kennedy, was named on Thursday as a temporary replacement for the liberal champion in the U.S. Senate.

The U.S. financial system remains fragile a year after launching a $700 billion bailout fund and the government may need to extend the program into next year, a senior U.S. Treasury department official said on Thursday.

Lehman Brothers Holdings Inc and its unsecured creditors asked a bankruptcy judge on Thursday to unseal court documents related to an investigation of the sale of Lehman's core U.S. assets to Barclays PLC .

A top executive at France's biggest telecommunications company, which is dealing with a spate of suicides, warned that the barrage of emails from smartphones and personal computers was stressing out employees.

The United States has moved away from the financial brink and is heading toward economic recovery, a senior Treasury official said on Thursday.

President Barack Obama arrived at the Group of 20 summit in Pittsburgh on Thursday with an ambitious agenda to crack down on banks' risky behavior and rebuild the global economy on a more stable footing.

BlackBerry maker Research In Motion said on Thursday its profit dropped and gave an outlook that fell short of analyst forecasts heading into the holiday shopping season, sending its shares down almost 10 percent.

Citigroup Inc's U.S. retail banking business plans to focus its marketing efforts on six cities, a source familiar with the matter said, but the bank's chief executive said he does not plan to dramatically shrink its branch network.

World leaders at the G20 meeting here on Thursday were closing in on a statement calling for new restraints on banker pay, but would not endorse specific monetary caps, a deal-breaker for the United States.

Finland's Nokia is in the midst of a legal battle over use of its services brand Ovi in Brazil, the largest telecoms market in Latin America.

Twitter is close to securing as much as $100 million of new capital from mutual fund giant T. Rowe Price, private equity firm Insight Venture Partners and five other investors, the Wall Street Journal reported on Thursday.

Twitter is close to securing as much as $100 million of new capital from mutual fund giant T. Rowe Price, private equity firm Insight Venture Partners and five other investors, the Wall Street Journal reported on Thursday.

Yesterday's Australian New Home Sales data added support to the Aussie dollar during local trade with the 11.4% rise catching most analysts by surprise. The local unit appeared destined to test the psychological 88 cent barrier in early European trade however resistance between 0.8760 and 0.8780 capped any further advances for the fifth time in a week. In a stark reminder of the vulnerability of the Aussie dollar to a return to broad risk aversion North American equity markets fell around 1% fol...

Microsoft Corp has no plans to acquire Electronic Arts, a Microsoft executive said, shooting down unsubstantiated talk of a potential bid that triggered a spike in the video game publisher's shares.

Hewlett Packard Co has forecast that 2010 revenue will be up just 3 percent from 2009 and slightly below Wall Street expectations, despite hope corporate spending on hardware would bounce back.

Major publishers accused Google Thursday of brutally exploiting France's literary heritage as they launched a court challenge to the Internet giant's drive to scan digital copies of books and put extracts online.

Companies need to find a way to tackle the stress put on employees caused by nonstop emails in the BlackBerry age, according to a top executive at France Telecom, which is dealing with a spate of employee suicides.

Stocks fell on Thursday as signs of weakness in housing and investors' worries that authorities might be curbing stimulus efforts too soon sparked caution.

Google Inc's Web-based email service on Thursday suffered its second technical problem in a month as users reported difficulty accessing their contacts.

World leaders at the G20 meeting here on Thursday were closing in on a statement calling for new restraints on banker pay, but would not endorse specific monetary caps, a deal-breaker for the United States.

Sales of the PlayStation 3 video game console jumped in the weeks after a $100 price cut last month, and strong demand could lead to empty shelves at retail, a Sony Corp executive said on Wednesday.

German Chancellor Angela Merkel warned on Thursday that a U.S. drive to rebalance the global economy risked distracting the Group of 20 from a more urgent need for market regulation at their Pittsburgh summit.

Research In Motion is expected to forecast strong gains for its current quarter on Thursday as it gets set to update its BlackBerry smartphones for consumers and business users.

Corrects to read Sony's God of War and Activision Blizzard's Call of Duty in penultimate paragraph; names of video game publishers were transposed

BlackBerry maker Research In Motion reported weaker quarterly profit and an outlook that fell short of analyst expectations on Thursday, sending its shares down almost 10 percent in after-hours trading.

Major world central banks announced on Thursday that they planned to scale back massive injections of U.S. dollars into their banking systems as financial markets stabilize after a devastating crisis.