IBT Staff Reporter

Stung by a federal judge's rejection of settlement efforts with Bank of America Corp, the U.S. Securities and Exchange Commission has a few ways to proceed in the case. None is good.

Oracle Corp has ended a high-profile computer-building partnership with Hewlett-Packard Co as Oracle prepares to acquire Sun Microsystems Inc, a rival of HP.

Many people outside of China have never played the online video games operated by Shanda Games.

Adobe Systems Inc plans to pay $1.8 billion for fast-growing business software maker Omniture Inc as the maker of Photoshop and Acrobat looks to turn around declining sales.

The 63rd International Motor Show (IAA 2009) will officially opened by German Chancellor Merkel on September 17 and last for ten days amid the global economic downturn that has hit the automotive industry hard.

The Australian Dollar opens higher today at 0.8625 and is buoyed by improved risk sentiment after the release of stronger than expected U.S. economic data overnight.

Facebook said the company has become free cash flow positive ahead of schedule and that the world's largest social networking site now has 300 million users.

Facebook said the company has become free cash flow positive ahead of schedule and that the social networking site now has 300 million users.

China has started investigation procedures on auto and chicken products originally produced in the United States, Yao Jian, spokesman with the Ministry of Commerce (MOC), told a press conference on Tuesday, adding to a string of trade disputes with Washington including a recent decision to raise tariffs on Chinese-made tires.

The European Commission may force Lloyds Banking Group to sell off all or part of its Halifax branch network as compensation for the billions of pounds of state aid the group has received, the London Times reported.

Citibank NA and Citigroup Funding Inc, units of Citigroup Inc, on Tuesday jointly sold $5.0 billion of debt in a three-part sale, said IFR, a Thomson Reuters service.

Macquarie Group Ltd, the Australian investment bank best known for privatizing public roads and airports, is making a big investment in Wall Street.

Private equity giant Blackstone Group is starting to see attractive opportunities in real estate again, after waiting on the sidelines for deals since 2007, its chief operating officer Tony James said on Tuesday.

Stocks rose on Tuesday to 2009 highs after stronger manufacturing and retail sales data boosted commodity prices and shares of materials companies.

President Barack Obama called Kanye West a jackass for what he did to country singer Taylor Swift at the VMA awards on Sunday.

Adobe Systems Inc announced a $1.8 billion deal to buy business software maker Omniture Inc on Tuesday as it looks to counter falling sales from its Photoshop and Acrobat programs.

Federal Reserve Chairman Ben Bernanke said on Tuesday that the worst U.S. recession since the Great Depression was probably over, but the recovery would be slow and it would take time to create new jobs.

Chipmaker Silicon Laboratories Inc raised its outlook for the third quarter, citing better-than-expected demand for both its broadcast audio and microcontroller unit (MCU) products.

Stanley Furniture Co Inc expects a sequentially wider loss in its third quarter, hurt by lower sales and disruption caused by shifting its Young America products from off-shore sourcing to its own domestic manufacturing facilities.

A lab technician is suspected of murdering the Yale graduate student Annie Le, according to ABC News report Tuesday.

Adobe Systems Inc announced a $1.8 billion deal to buy business software maker Omniture Inc on Tuesday as it looks to counter falling sales from its Photoshop and Acrobat programs.

Kanve West said on Monday he would take some time off to reassess the incident through the rest of his life for upstaging Taylor Swift at the MTV Video Music Awards.

The Wall Street Journal soon will begin charging people to read the paper on mobile devices such as their BlackBerrys, the paper's owner Rupert Murdoch said on Tuesday.

The U.S. economy has not begun to climb out of the worst recession since the Great Depression, but the terror that followed last year's near- collapse of the financial system is gone, due in part to government intervention, Warren Buffett said on Tuesday.

A bipartisan group of lawmakers has asked U.S. antitrust regulators to reopen their investigation into CVS's 2007 merger with pharmacy benefit giant Caremark.

Google Inc has rolled out a new version of its Chrome Web browser and a version of the Mac browser for mainstream users will be available within months, as the company moves to double Chrome's market share.

Stocks rose on Tuesday to 2009 highs after stronger manufacturing and retail sales data boosted commodity prices and shares of materials companies.

A day after Kanye West earned widespread scorn for upstaging Taylor Swift at the MTV Video Music Awards, the remorseful rapper said on Monday he would take time off to reflect on his behavior.

U.S. retail sales rose in August at the fastest pace in 3-1/2 years and a gauge of New York State manufacturing hit a near two-year high, offering hope for a solid recovery from a severe recession.