IBT Staff Reporter

McDonald's Corp said sales at restaurants open at least 13 months rose a better-than-expected 4.3 percent in July, helped by gains in Britain, France and the United States.

U.S. stocks fell on Monday, led by retailers, as investors booked profits following a four-week rally, though losses were limited by strong July sales at McDonald's Corp .

The worst U.S. recession since the Great Depression will probably end in the third quarter, but uncertainty exists over the speed and duration of the economic recovery, according to the most recent survey of private economists.

It is a dash of Hulu and a sprinkle of YouTube, features a crystal clear picture, can rewind or fast-forward at lightning speed, and doesn't require a download of any special software.

Oil prices dipped toward $70 a barrel on Monday tracking modest Wall Street losses on the eve of a meeting of the U.S. Federal Reserve, and after OPEC's president said current prices are not bad.

Nortel Networks said on Monday its chief executive will step down immediately and its board will shrink from nine directors to three as the bankrupt telecom equipment maker works to sell off all of its major assets.

It's Ending but When?; Shaky Wall St; Phone Giant Winds Down

U.S. stocks slipped on Monday as a four-week rally encouraged investors to take profits, but McDonald's better-than-expected July sales pushed up the Dow component, briefly lifting the index to a positive territory.

Nortel Networks said on Monday its chief executive will step down immediately and its board will shrink from nine directors to three as the bankrupt telecom equipment maker sheds major assets.

The worst U.S. recession since the Great Depression will probably end in the third quarter, but uncertainty exists over the speed and duration of the economic recovery, according to the most recent survey of private economists.

Nortel Networks said on Monday its chief executive will step down immediately and its board will shrink from nine directors to three as the bankrupt telecom equipment maker sheds major assets. Nortel, once North America's biggest maker of telephone gear, also posted a bigger quarterly loss due to big reorganization costs and plunging sales, which it blamed on the weak economy.

Dynegy Inc said it will sell eight power plants to private equity firm LS Power for around $1.5 billion in cash and stock, basically ending a two-and-a-half-year joint venture between the two companies.

Oil prices edged above $71 a barrel on Monday as traders eyed directionless equity and currency markets for guidance on the eve of a meeting of the U.S. Federal Reserve.

A gauge of the U.S. job market remained unchanged in July for the third straight month, indicating that employment will remain weak throughout the coming year, a research group said on Monday.

Cases of multi-drug resistant tuberculosis are underdiagnosed around the world and even among those who have been diagnosed, only a fraction are being treated, a Global Fund official said on Monday.

New U.S. guidelines for the pandemic of H1N1 swine flu released on Friday discourage the early closure of schools, unless the virus becomes worse.

Below is the full list of the Winners in the 2009 Teen Choice Awards hosted by the Jonas Brothers and held at the Gibson Amphitheatre on Sunday night in Universal City, California.

McDonald's Corp said sales at restaurants open at least 13 months rose a better-than-expected 4.3 percent in July, helped by gains in Britain, France and the United States.

Jon & Kate Plus 8 star Kate Gosselin tells TODAY's Meredith Vieira that she is coping with the breakup of her 10 year marriage to estranged husband Jon.

The National Clean Energy Summit 2.0: Jobs and the New Economy in the University of Nevada in Las Vegas kicks off Monday morning bringing together high ranked politicians and leaders of clean energy to talk about future prospects in the industry.

An interview of President Barack Obama in 1993 when he was only two years out of law school surfaced online recently for a documentary released last week on DVD called Becoming Barack.

Echelon Corp shares soared 40 percent Monday on news that the company has entered into a long-term agreement to supply smart meters to electric utility Duke Energy Corp.

After relying on a pacemaker for 20 years, Carol Kasyjanski has become the first American recipient of a wireless pacemaker that allows her doctor to monitor her health from afar -- over the Internet.

Shares of AIG, the beneficiary of a $180 billion U.S. government bailout, rose as much as 10 percent on Monday morning, extending strong gains last week, as the insurer returned to a profit in the second quarter, ending a six-quarter run of losses.

Women who have a mastectomy after being diagnosed with breast cancer seem have a similar quality of life in the long term whether they have breast reconstruction surgery or not, a research review suggests.

People who need a new kidney may need to look no farther than across the dining room table, according to a new study that shows that spouses are good potential sources for so-called

Recession is Ending, Rio's Toll, Nortel Dismantling

Police, councils and the intelligence services made more than 500,000 requests to access private emails and telephone records in the UK last year, according to an annual surveillance report.

Dish Network Corp , the second largest U.S. satellite TV operator, posted a fall in quarterly profit, hurt in part by expenses tied to a litigation with TiVo Inc , but reported its first quarterly net subscriber rise in more than a year.