IBT Staff Reporter

Small crowds gathered on Saturday for the official launch of Pre, the smartphone seen as Palm Inc's best chance to claw back market share from Apple Inc's iPhone and Research In Motion Ltd's Blackberry.

The Brazilian Air Force confirmed Saturday evening the recovery of two bodies, a AF 447 flight ticket in a briefcase, and other part of the aircraft's wing among other debris from the Air France crash site.

Canadian municipal leaders threatened to retaliate against the Buy America movement in the United States on Saturday, warning trade restrictions will hurt both countries' economies.

Mystery continued to shroud the death of actor David Carradine on Saturday, with rumor and speculation rife about how the star of 1970s-era U.S. television show Kung Fu met his demise.

The Obama administration is expected to announce next week that a higher-than-expected number of large financial institutions will be allowed to repay their government bailout funds, the Washington Post reported in its Saturday edition.

U.S. lawmakers plan far-reaching insurance market reforms, and would require that businesses and individuals purchase medical coverage as they seek to overhaul the U.S. healthcare system, an early draft of Senate legislation said on Saturday.

Brazilian search crews on Saturday retrieved the first bodies from a crashed Air France flight in the Atlantic, and the plane's maker said it had detected faulty speed readings on the same type of jets.

The Brazilian Air Force confirmed on Saturday it found the bodies of two people aboard the Air France 447 which plunged into the Atlantic Ocean Sunday night.

U.S. Treasuries bonds will not become a less attractive investment even if the U.S. sovereign credit rating is cut, Russian Finance Minister Alexei Kudrin was quoted as saying on Saturday.

Prime Minister Gordon Brown, battling to avert the collapse of his government, said on Saturday he would stick to his policies, as his Labour Party faced a European election drubbing.

Two pro-Taliban clerics were killed in a shootout between security forces and militants in northwestern Pakistan Saturday, a day after around 40 people were killed in a suicide attack in a mosque, the military said.

Myanmar is taking minimal steps to heed international calls to end forced labor, a report by the International Labor Organization (ILO) showed on Saturday.

Afghan President Hamid Karzai has urged Kyrgyzstan to abandon plans to shut a U.S. military air base used to support operations in Afghanistan, a senior Kyrgyz official said on Saturday.

British Prime Minister Gordon Brown, battling to avert the collapse of his government, said on Saturday he would stick to his policies, as his Labor Party faced a European election drubbing.

Iran said on Saturday a new report from the United Nations nuclear watchdog showed Tehran's nuclear program was peaceful, despite Western suspicions it is aimed at making atomic bombs.

U.S. President Barack Obama paid homage to the heroes of D-Day on Saturday, saying their assault on Normandy's beaches exactly 65 years ago had helped save the world from evil and tyranny.

Regulators and politicians who want to curb the huge bonuses paid to financiers in the wake of the global credit crisis may find the banking sector's response even more unpalatable.

The economic downturn has claimed the jobs of tens of millions worldwide but most in the thriving climate change sector feel just as safe in their jobs, if not more so, than they did a year ago, a new Reuters survey shows.

The U.S. recession may be over before the year ends, but the initial stage of recovery could see few new jobs, potentially leaving the 2010 congressional elections wide open.

U.S. President Barack Obama on Saturday marked the 65th anniversary of the D-Day landings on France's Normandy beaches, an important World War Two breakthrough in the battle against Nazi Germany.

John P. McMurray made it clear to his Countrywide Financial Corp bosses that they were playing a dangerous game with risk. But they didn't listen.

Citigroup Inc's relationship with the Federal Deposit Insurance Corp is frayed, sources told Reuters, and the regulator wants to replace Chief Executive Vikram Pandit, the Wall Street Journal reported.

Search crews in the Atlantic struggled on Friday to recover wreckage from an Air France flight as hopes dwindled of finding bodies from a crash possibly caused by pilots acting on flawed speed readings.

British Prime Minister Gordon Brown sought to fend off a challenge to his authority on Friday, reshuffling his cabinet to secure the loyalty of several ministers and averting a government collapse.

A former U.S. State Department official and his wife have been arrested for spying for the Cuban government for nearly 30 years, the Justice Department said on Friday.

Wal-Mart Stores Inc's announced a new $15 billion share repurchase plan on Friday and said market share gains it has made amid the recession are permanent as a new normal emerges in which consumers seek to save money.

U.S. President Barack Obama travels to Normandy Saturday to mark the 65th anniversary of the D-Day landings on beaches in northern France that led to the Allied victory over Nazi Germany.

U.S. stocks flip-flopped throughout Friday's session, with the major indexes ending split as investors paused to consider conflicting signals in monthly U.S. jobs data.

(Corrects to show Citigroup's exit from Dow occurs on Monday at start of trading and not after bell)