IBT Staff Reporter

A statement released by Ruth Madoff, wife of Bernie Maddoff who was given a 150-year sentence on Monday.

The European Union Chamber of Commerce in China urged Beijing to reconsider implementing a controversial Internet filter, saying on Monday it raised serious concerns about security, privacy and user choice.The EU Chamber said it supported measures to protect children from potentially harmful content on the Internet, but this goal could be better achieved through a healthy and open dialogue on pare...

If you are dizzy from trying to choose among all the fitness regimens out there a new survey of fitness and health experts, who were asked to identity the top trends, may help.

Unprecedented attempts to stimulate economic growth may fail to bring a sustained recovery, yet withdrawing them too late could be even more risky, leading central bankers said on Monday.Regional currencies would gain in importance, they also said after two days of talks. But the U.S. dollar still had no serious rival in playing a lead role in foreign reserves and trade settlement, according to th...

Financial products should undergo registration like medicines to curb investor access until safety is proven, the Bank for International Settlements said on Monday.

Disgraced financier Bernard Madoff was sentenced to 150 years in prison on Monday for perpetrating the biggest and most brazen investment fraud in Wall Street history.The courtroom erupted in cheers and applause as U.S. District Court Judge Denny Chin imposed the maximum possible prison sentence on the 71-year-old defendant.Madoff stood facing the judge with his hands clasped in front of him as he...

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Michael Jackson's autopsy report leaked earlier this morning, revealing the 50-year-old pop-icon to be a virtual skeleton.

The Argentinean woman who had an affair with South Carolina governor spoke about who she thinks hacked her e-mail account and made all the intimate e-mails the pair exchanged public.

A federal judge sentenced Bernard Madoff to 150 years in prison on Monday in a fraud of billions of dollars against victims over a period of ten years, according to Reuters.

Dozens of shoes dangle from a wrought-iron fence surrounding a 19th century mansion for battered women and children, which plans to close its doors on July 1.

The credit card industry will continue to provide one of the most lucrative returns of the asset classes within banks' portfolios even after new U.S. credit card rules are put in place, analysts at Keefe, Bruyette and Woods said.Congress is mulling regulations on interchange rates -- fees retailers and merchants have to pay to banks that issue credit cards. The legislation would give merchants an...

Bernard Madoff, 71, spoke before a judge on Monday, stating he believes he made a terrible mistake in defrauding investors of billions of dollars, as a judge is set to soon impose a sentence which may put him in prison for the rest of his life.

Stocks rose on Monday as higher oil prices boosted energy shares, and signs of life in the global economy and overseas markets renewed investor optimism on the prospects of a recovery.Oil futures jumped almost 3 percent after Nigerian militants said they attacked a Royal Dutch Shell facility and the U.S. government said oil demand in April was revised upward from a previous estimate...

U.S. copper futures climbed to a two-week high early Monday, as investors over-looked an overnight confirmation that China has halted its red metal purchases and bid the market up in line with equities.

Michael Jackson's greatest hits album Number Ones became Britain's top-selling album this week, after his death on Thursday spurred interest in his back catalogue, lifting five albums into the top 20.

Onshore oilfield developer Encore Acquisition Co said it would acquire oil and gas properties in the mid-continent and East Texas from EXCO Resources Inc for $375 million in cash.

Nestle, the world's biggest food group, reiterated on Monday its target for 2009 organic sales growth at least approaching 5 percent although it said performance would be weighted to the second half.

British Prime Minister Gordon Brown will focus on housing, health and education on Monday when he sets out plans for the final few months of his government before an election that could end Labour's long grip on power.

Ukraine and Russia began talks with international lenders and the European Union on Monday on loans to help Kiev pay for Russian gas and avert a new crisis that could cut off supplies to Europe.

The head of Japan's Suzuki Motor Corp (7269.T) said he has had no contact with Volkswagen AG (VOWG.DE), shooting down a report last week that the German auto giant was considering a 10 percent stake in Suzuki, a Japanese newspaper said.

Victims of convicted and admitted fraudster Bernard Madoff, 71, on Monday morning told a judge and the swindler how they how they were affected.

Sanofi-Aventis's diabetes drug Lantus may increase the risk of cancer, according to new but inconclusive studies from experts around Europe.

Disgraced financier Bernard Madoff heard scorn from his victims on Monday at a sentencing hearing at which he will learn his punishment for running Wall Street's biggest and most brazen investment fraud.Emotional victims asked Judge Denny Chin to impose the maximum sentence of 150 years, an effective life term for the 71-year-old Madoff.How could somebody do this to us? How could this be real? ...

The eToro platform is continuing to lead the pack as far as forex trading platforms are concerned, now adding commodity trading to their wide selection of trading instruments and tools. eToro, which had started out targeting the beginner trader market segment, has recently made leaps and bounds to capture a more advanced crowd of traders with great success.

Canada's alternative energy sector is showing signs of a budding recovery, as companies resurrect financing deals and public offerings that withered with the recession, but that revival remains very fragile.

A partial recount of Iran's disputed election won by President Mahmoud Ahmadinejad began on Monday, but one defeated reformist candidate said an annulment of the poll was the only way to regain the people's trust.

Higher fuel prices and the H1N1 flu virus will hurt Royal Caribbean Cruises Ltd's full-year earnings, the world's second largest cruise operator said on Monday.Royal Caribbean said its full-year fuel expenses could be 12 cents per share higher at today's oil prices, which have leaped 45 percent since the company provided its outlook in late April. The impact of surg...

Israel's Defense Ministry said Monday it had approved construction of 50 new homes at a West Bank settlement as part of a plan for 1,450 housing units, an expansion that defies a U.S. call for a settlement freeze.