IBT Staff Reporter

Scott Ruffalo, brother of actor Mark Ruffalo, who died a month ago by a gunshot to the head was reported to have had very slight traces of cocaine, morphine and alcohol in his system at the time of his death by People magazine.

Valkyrie held on to the mantle of top Hollywood film overseas thanks to an estimated $18.6m haul from approximately 3,900 screens in 26 markets that boosted the running total through Fox International to $38.9m.

Macy's Inc. announced today it will cut 7,000 jobs, reduce its quarterly dividend and change its operating structure as a strategy to increase sales, profitability and reduce costs. The company plans to reduce expenses by approximately $400 million per year beginning in 2010, and $250 million in 2009.

Humana Inc rose on Monday after the second biggest health insurer in the U.S. unveiled an optimistic forecast for 2009.

London was immobilized Monday by the biggest snow storm to hit the city in 18 years, according to the Britain's Meteorological Office.

Basketball great Shaquille O'Neal, rock 'n' roller Jon Bon Jovi, comedian Jerry Lewis and civil rights activist Paul Robeson have been elected to the New Jersey Hall of Fame.

Microsoft will soon eliminate a tool that blocks updates to its Windows XP and Windows Vista operating systems, according to a company blog, forcing users who have since resisted software updates to finally update.

Microsoft will soon eliminate a tool that blocks updates to its Windows XP and Windows Vista operating systems, according to a company blog, forcing users who have since resisted software updates to finally update.

The three-month moving average of worldwide sales of semiconductors declined by 21.9 percent in December 2008 to $17.41 billion, compared to sales of $22.28 billion in December 2007, according to the Semiconductor Industry Association (SIA).

The three-month moving average of worldwide sales of semiconductors declined by 21.9 percent in December 2008 to $17.41 billion, compared to sales of $22.28 billion in December 2007, according to the Semiconductor Industry Association (SIA).

Vanessa Hudgens won't be starring in Twilight sequel New Moon - because the part she reportedly auditioned for will not happen until the third movie.

Suspense over a possible strike at U.S. refineries continued as the United Steelworkers union prolonged talks with companies on Monday for a new contract involving thousands of workers across the country.

Suspense over a possible strike at U.S. refineries continued as the United Steelworkers union prolonged talks with companies on Monday for a new contract involving thousands of workers across the country.

Jennifer Hudson delivered an outstanding performance at Sunday night's Super Bowl, but American Idol music director said the singer had lip-synched the national anthem.

Alanis Morissette, Raphael Saadiq, and KT Tunstall are among the artists who will appear on Live From the Artist's Den, a new show the will debut on public television stations.

Consumer spending dropped for the sixth straight month in December to 1 percent, as Americans begin saving more amid tough economic times, according to a new report from the U.S. Commerce Department said Monday.

Spy thriller Taken snatched the top box office spot this weekend, raking in $24.6 million and helping fuel the first $1 billion in January ticket sales in Hollywood history.

Britney Spears is threatening to cancel the start of her tour next month if she is not allowed to take her children on the road with her, according to TMZ.

Mattel Inc. the world's largest toy maker said its fourth quarter profit fell 46 percent compared to the same period last year and far below forecasts. Analysts attributed the losses to a stronger dollar and a weak holiday season not seen in decades.

The Senate's economic stimulus plan is offering $15.5 billion more in tax refunds to money-losing businesses for profits paid in previous years than a similar measure passed by the House last week, according to a report.

Swimmer Michael Phelps, who has won more gold medals than anyone in Olympic history, admitted on Sunday that he had engaged in regrettable and inappropriate behavior after a photo of him smoking marijuana was published in a British tabloid over the weekend.

In January 2009, the University of Michigan Ross School's new 270,000-square-foot building opened for classes.The Executive MBA Program will take place in these new facilities.

The Financial Times has rated EMBA-Global, the partnership between Columbia Business School and London Business School, first in the world in its late 2008 rankings of executive MBA programs.

Apart from Super Bowl celebrations, Justin Timberlake and girlfriend Jessica Biel had something extra to celebrate.

The Kellogg School’s Executive MBA Program (EMBA) has been ranked No. 1 in the world by The Wall Street Journal in its inaugural ranking of EMBA programs.

Vice Dean Tom Colligan Appoints Judy McHugh Executive Director of the Wharton Executive Education Team

Lorrie Norrington, newly appointed president of eBay Marketplaces and one of Fortune magazine's 2008

China's Premier Wen Jibao said on Sunday the government may expand its economic stimulus to boost Chinese growth and trigger consumer spending.