IBT Staff Reporter

George Sodini is reportedly identified as the man who walked into the LA Fitness gym class in Pennsylvania on Tuesday evening, turned off the lights and started shooting.

The number of U.S. jobs lost in the private sector fell in July but firms increased planned layoffs, data on Wednesday showed, suggesting the labor market remained troubled even as the pace of job losses slowed.

Marsh & McLennan Cos Inc , the No. 2 global insurance broker, reported a second-quarter net loss on Wednesday, hurt by a writedown of the value of its security consulting business.

More than a thousand people lined up for several hours in New York City on Tuesday for the chance to be an extra in the

An Austrian pianist performed two newly discovered pieces by Wolfgang Amadeus Mozart for the first time in public on Sunday in a house where the master composer once lived.

A rabbit is on the cover of the album,

President Barack Obama will announce $2.4 billion in grants on Wednesday for the production of batteries for hybrid and electric vehicles. Energy Secretary Steven Chu will discuss with workers in Charlotte, North Carolina, about the national economy

Australian actor Hugh Jackman, who this year showed the world his song-and-dance prowess as host of the Oscars, will get his wish to star in a movie musical when he plays showman P.T. Barnum in an upcoming film.

Procter & Gamble Co posted an 18 percent drop in quarterly profit, as sales fell across all of its businesses, but stood by its profit forecast as the pressure of foreign currency fluctuations eases.

The Obama administration envisions the grants will build momentum for developing plants for making advanced batteries and drive systems, creating

Jason Segel is attached to star alongside Jonah Hill and Jason Schwartzman in

Leading global automakers reported forecast-beating quarterly results on Tuesday, but continued to give cautious outlooks for the industry, which remains hard hit by weak demand and a lack of consumer credit.

With the Who inactive for the moment, Roger Daltrey is gearing up to launch his first solo tour of North America since 1985.

Creditors of Chrysler have asked a bankruptcy court to allow them to sue Daimler AG (DAIGn.DE), arguing that the 2007 sale of the U.S. automaker stripped it of its most valuable assets.

The U.S. Senate will approve a $2 billion extension of the

U.S. stocks were set to open flat on Wednesday as data showing higher-than-expected private-sector job losses in July sparked caution about the strength of the economic recovery.

Ford Motor Co (F.N) of Canada was the country's top-selling automaker for a second month in a row in July, when sales jumped more than 47 percent from a year earlier even as its main rivals recorded another month of declines.

Brilliance Auto, BMW's (BMWG.DE) partner in China, is preparing to ship its BS4 Wagon, designed in-house, to Europe after testing the waters there with two mid-sized sedans, company executives said on Wednesday.

Demand for U.S. home loans rose last week as a decline in 30-year fixed mortgage rates to a three-week low boosted applications for refinancing, the Mortgage Bankers Association said on Wednesday.

Demand for U.S. home loans rose last week as a decline in 30-year fixed mortgage rates to a three-week low boosted applications for refinancing, the Mortgage Bankers Association said on Wednesday.

Pop stars Beyonce and Lady Gaga on Tuesday each earned nine nominations for next month's MTV Video Music Awards, more than any other artist, while Britney Spears continued her musical comeback with seven nods.

Paula Abdul has decided to quit the top-rated U.S. television show

China will stick to its loose fiscal policy for at least three years despite a growing budget deficit, a government economist said in comments published on Wednesday.

U.S. stock index futures slipped further on Wednesday as investors turned cautious after data showed private-sector jobs losses were higher than expected in July, sparking concern about the strength of the economic recovery.

Planned layoffs at U.S. firms increased in July for the first time in six months, signaling more uneasy times for workers and a continued drag on consumer spending and the broader economy.

House shopping growing, Layoffs to grow, Consumer profit slides

Procter & Gamble Co posted an 18 percent drop in fourth-quarter profit as sales fell more than expected, and the company's shares slipped 2 percent even though it stood by its 2010 profit forecast.

U.S. private employers axed more jobs in July but at the slowest pace since October, offering a glimmer of hope the labor market is stabilizing.