IBT Staff Reporter

When rock band U2 played at the Grand Palais of the Cannes film festival in 2007 to trumpet their new three-dimensional concert movie, backers of modern 3-D films hailed the coming of a new era in movies.

Industry should play its part in the fight against climate change by persuading governments to aid carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference on Sunday.

Industry should play its part in the fight against climate change by persuading governments to boost carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference.

Energy leaders on Sunday debated what oil price would spur investment in the sector without hurting a wider global economic recovery, as top producer Saudi Arabia forecast prices eventually moving toward $75 a barrel.

Internet sensation Susan Boyle, whose performance on Britain's Got Talent last month has been watched on YouTube by tens of millions of people and made her a global celebrity, returns to the competition on Sunday.

Swiss bank UBS is free to set whatever bonuses it likes this year, in contrast to 2008 when it needed government approval for variable pay because of a rescue package, Swiss weekly Sonntag reported on Sunday.

The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.

The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.

From remote grasslands to the heart of the capital, Mongolians cast their ballots on Sunday to elect a new president residents and investors hope will facilitate the country's efforts to tap its vast mineral wealth.

The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.

Ecuador's President Rafael Correa said on Saturday that key sectors of the economy, including oil and mines, must be in government hands.

On horseback, motorbike and foot, Mongolians headed to the polls Sunday to elect a new president whom residents and investors alike hope will facilitate the windswept country's efforts to tap its vast mineral wealth.

German Economy Minister Karl-Theodor zu Guttenberg said Fiat had improved its bid for General Motors' Opel unit and said other bidders may be willing to sweeten their offers as well.

Magna is seeking further multi-billion euro German government support if it takes over General Motors' Opel unit, German magazine Der Spiegel reported on Saturday.

When Scott Brooks got laid off by American Express in February he decided to turn his back on finance and revive a dream he gave up on many years ago -- to become a math teacher.

One sign of the tough economic times is that the very thought of taking a vacation has become stressful, according to a recent survey.

You'd think the leaders of the world's biggest and coolest tech companies would be total gadget freaks, 'tricorder'-carrying whiz kids sporting the latest doodads months before the masses. Think again.

U.S. retailers, which have banked heavily on cost cuts to guard margins in the recession, may be running out of ways to trim expenses further -- putting future profits in jeopardy, unless consumers open their wallets soon.

A federal judge ended a temporary receivership of MGA Entertainment Inc in a copyright infringement lawsuit over its Bratz doll business but broadened the list of products and know-how MGA must turn over to Mattel Inc , which won the franchise in a 2008 trial.

A Russian Internet group, Digital Sky Technologies, has offered to invest $200 million in Facebook in a deal that would value the social networking site at $10 billion, the Wall Street Journal reported on Friday.

General Motors Corp on Friday borrowed another $4 billion from the U.S. Treasury and won a cost-cutting deal from Canadian auto workers as a showdown with bondholders set the stage for a bankruptcy filing by the end of the month.

General Motors Corp won a cost-cutting deal from its Canadian labor union on Friday, part of a package of concessions the automaker is expected to take into a federal bankruptcy court by the end of this month in a showdown with its bondholders.

The U.S. government will set aside about $1 billion in existing funds for developing a vaccine for the H1N1 flu, a virus from swine origin, according to Health and Human Services Secretary Kathleen Sebelius.

With the slogan 28 cities, 2 countries nine days a hydrogen vehicle tour will kick off in the West Coast next week.

The U.S. oil refining industry on Friday blasted the Waxman-Markey climate bill which passed yesterday evening in Congress, saying it would increase imports of crude and refined products thus impeding national energy security.

The world grouping OECD said on Friday the global economy was out of free fall, offering hope of recovery late this year, but investors focused on risks to the U.S. credit rating from rising government debt.

A New Zealand mom wanting to buy a toy digger for her daughter made some bids online before napping.

California Attorney General Jerry Brown filed criminal charges on Thursday against three men for allegedly swindling more than 1,000 individuals in a $200 million real estate and construction Ponzi scheme, his office said today.

The Federal Deposit Insurance Corp. on Friday voted to charge U.S. banks a one-time fee of 5 cents per every $100 of assets to rebuild its insurance fund depleted by compensating nationwide bank failures.