IBT Staff Reporter

Hedge fund firm Man Group Plc sold its remaining stake in U.S.-listed futures and options broker MF Global in a deal that will earn it an initial $112 million.

A Canadian bank has held preliminary talks on buying a stake Allied Irish Banks, Ireland's second biggest bank, after it has been cleansed of risky loans, two sources familiar with the matter said.

Iraqis including journalists, writers and booksellers demonstrated in central Baghdad on Friday against what they say is state censorship.

Bank of America Corp has promoted Cathy Bessant to president of global corporate banking, as the largest U.S. bank shuffles management in the wake of its acquisition of Merrill Lynch & Co.

Volkswagen Chief Executive Martin Winterkorn is set to become CEO of Porsche SE as well, two people familiar with the situation said on Thursday.

Republic Airways Holdings won its bid to buy bankrupt Frontier Airlines Holdings Inc for $108.75 million after a day-long auction in bankruptcy court late Thursday.

Several polish nationalists have accused Madonna of being

BHP Billiton has hired Bank of America-Merrill Lynch to advise it on a sale of its Ravensthorpe nickel operation in an auction which could fetch $1 billion, a source with direct knowledge of the matter said on Friday.

FedEx Corp., which in June reported a net loss of $876 million for its latest quarter, said on Thursday that it will keeps its first fiscal quarterly cash dividend steady at 11 cents per share.

Wall Street was poised for a flat open on Friday after government data on consumer prices suggested U.S. inflation will remain mild, even with evidence of a stabilizing economy.

J.C. Penney Co Inc posted a smaller-than-expected net loss as the retailer kept a tight lid on costs, but signaled results could miss expectations later this year, sending its shares lower.

Boeing Co said it stopped work more than a month ago on two sections for its 787 Dreamliner model after wrinkles were found in the composite-material fuselages supplied by Italy's Alenia Aeronautica, Bloomberg reported.

Five days of United Nations climate change talks in Bonn, Germany conclude Friday. Seven of the top ten best paid chief executive officers in the United States last year belong to oil companies.

Abercrombie & Fitch Co reported a quarterly loss as sliding sales, higher markdowns and increased costs weighed on the teen-apparel retailer.

U.S. consumer prices were flat in July versus June, but fell over the past 12 months by the most since 1950, according to government data that suggested benign inflation pressure even amid signs the recession may be winding down.

Playwright David Mamet, whose works often revolve around cutthroat men who use bruising dialogue, will write a screenplay about Holocaust victim Anne Frank, the Walt Disney Co said on Wednesday.

Who will Jennifer do?

U.S. consumer prices were flat in July versus June as expected, but fell over the past 12 months by the most since 1950, government data showed on Friday.

Talk about being handed a bill of Goods.

Christopher McQuarrie has signed on to write the script for the

A group of Polish nationalists condemned on Thursday a planned weekend concert by pop diva Madonna in Warsaw, branding her a

U.S. stock index futures pointed to a slightly higher open on Friday as investors await inflation and consumer sentiment data for more solid signs of an economic recovery.

The Natalie Portman-starring

J.C. Penney Co Inc posted a narrower-than-expected net loss on Friday as the department store operator kept a tight lid on costs amid falling sales, and raised its profit forecast for the year.

For banks looking to seize market share in the lucrative Asian equities business, all eyes are on China.

Boeing Co supplier Alenia Aeronautica halted production of two major 787 structural components due to manufacturing flaws, an aviation industry blog said.

Abercrombie & Fitch Co reported a quarterly loss versus a year-earlier profit as sliding sales pummeled the teen retailer.

U.S. stock index futures pointed to a higher open on Friday ahead of key data on inflation and consumer sentiment and quarterly results from major retailer JC Penney .

U.S. stock index futures pointed to a higher open on Friday ahead of key data on inflation and consumer sentiment and quarterly results from major retailer JC Penney .