IBT Staff Reporter

Google Inc.'s YouTube is reportedly in talks with major movie studios about allowing users to stream movies on a rental basis, making it the sites first move towards charging for content instead of making it available for free with advertising, according to a media report.

Chris Brown will speak for the first time since he was sentenced to 5 year probation for allegedly hitting his former girlfriend and fellow R & B singer Rihanna back in February.

U.S. stocks fell on Wednesday as jitters about the economy prompted investors to unload some shares for a fourth-straight day even after a sharp drop in the previous session.

Adam Goldstein, better known as DJ AM, will be buried today in a Los Angeles Jewish cemetery according to reports from TMZ.

(Corrects story published on May 27 to clarify in the second paragraph that Gunvor is handling 30-40 percent of oil exports from firms like Rosneft, not the bulk of exports)

The United States lost fewer private sector jobs in August than in July while companies planned fewer layoffs, suggesting modest improvement in the beleaguered U.S. labor market.

With risks considerably reduced that the stabilizing U.S. economy could suffer a relapse, the Federal Reserve decided to continue its emergency long-term security buying programs as promised, documents released on Wednesday showed.

Major exchanges differed on how far U.S. securities and futures regulators should align their rules, with the world's largest - the Chicago Mercantile Exchange - arguing against a one-size-fits-all rule.

The U.S. economy is recovering but growth will only pick up gradually and inflation is not a threat in this subdued environment, a top Federal Reserve official said on Wednesday.

Asset bubbles are hard to spot and even harder to tackle but recent lessons about the damage they can do may force policy-makers to pop them in the future, a top Federal Reserve official said on Wednesday.

Good Morning America's Diane Sawyer will replace anchor Charlie Gibson when he steps down from ABC's

Oil prices settled unchanged on Wednesday after government data showing a smaller-than-expected drop in U.S. crude stocks offset a steep drop in gasoline inventories.

Diversified U.S. manufacturer Danaher Corp on Wednesday announced two deals to expand its life sciences specialty instruments business, while saying it plans to cut more jobs as it accelerates its restructuring.

The United States lost fewer private sector jobs in August than in July while companies planned fewer layoffs, suggesting modest improvement in the beleaguered U.S. labor market.

Federal Reserve officials in August believed risks to the U.S. economy had eased considerably but thought low interest rates would be needed for an extended period to bolster what would likely be at best a modest recovery, documents released on Wednesday showed.

China Unicom will probably launch a Wi-Fi-enabled iPhone in China, Sina Tech reported on Wednesday, citing an unnamed source close to the country's internet watchdog.

(Corrects spelling of Johnathan in 16th paragrah)

Stocks managed to hold on to tiny gains on Wednesday afternoon as jitters about the economy kept investors from returning to the market in full force after three straight days of declines.

U.S. securities regulators missed repeated chances to uncover Bernard Madoff's Ponzi scheme, a sharply critical review by a federal watchdog said on Wednesday.

Amazon.com Inc joined the opposition to Google Inc's plan to digitize millions of books, saying that the proposed deal would fundamentally change copyright law and violate antitrust law.

The United States lost fewer private sector jobs in August than in the prior month while companies also planned fewer layoffs, suggesting modest improvement in the beleaguered U.S. labor market.

Pfizer's Criminal Promotion; Modest Labor Gains; Millions for Bank Execs

Pfizer Inc agreed on Wednesday to plead guilty to a U.S. criminal charge relating to promotion of its now-withdrawn Bextra pain medicine and will pay a record $2.3 billion to settle allegations it improperly marketed 13 medicines.

Rolling Stones drummer Charlie Watts has not quit the band, a spokeswoman said on Wednesday, denying a news report from Australia.

U.S. regulators are seeking ways to make more efficient use of the airwaves as consumers' use of smartphones is expected to surge, the official spearheading the national broadband program said on Wednesday.

For over a decade, the Energy Information Administration (EIA) has published annual data on greenhouse gas emissions. EIA typically publishes its inventory report, Emissions of Greenhouse Gases in the United States (EGGUS) 11 months after the end of the year for which data is reported. A flash (preliminary) estimate of energy-related carbon dioxide (CO2) emissions --which account for over 80 percent of total U.S. greenhouse gas emissions--is available about 6 months earlier.

Google Inc.'s massive crash of its popular Gmail service was the result of a routine service miscalculation, the company explained late Tuesday, leaving the majority of its 150 million users without access to their email accounts.

U.S. securities and futures regulators took their first steps toward resolving long-standing conflicts on how to oversee markets amid warnings not to stifle innovation and competition.

Oil prices slipped on Wednesday as government data showing a smaller-than-expected drop in U.S. crude stocks offset a steep drop in gasoline inventories.