IBT Staff Reporter

Australian Dollar: The Aussie dollar began the local session yesterday around the 65 cent mark staring down the barrel of another massive selloff.

Walt Disney Co. announced Wednesday voluntary buyout offers to 600 executives in its domestic parks and resorts division, according to The Wall Street Journal.

Amid investigations of salmonella found in peanut butter, an official of the U.S. Food and Drug administration confirmed Wednesday that the contaminated peanut butter originated in a plant in Georgia.

Obama was reported in world's major newspapers, television and radio broadcasts, generating an unprecedented 35,000 stories, 35 times more than the last presidential swearing-in, a monitoring group said Wednesday.

Megan Fox might have been the sexiest woman last year, but she was kicked out of her number one spot this year.

President Barack Obama began his administration taking a humble stance in the face of major economic and wartime crises facing the nation but called on Americans to meet challenges through hard work and values such as sacrifice and responsibility.

After 77 years, the auto industry turned the page to find Toyota Motor Co. as the new largest automaker in the world, succeeding General Motors Co. amid an economic recession which has battered the U.S. company.

Another victim of money manager Bernard Madoff's alleged $50 billion fraud has emerged, with a loss equivalent to more than $350 million.

Dodger's Jeff Kent plans to announce his retirement from baseball on Thursday at the Dodger's Stadium after 17 seasons.

Sarah Larson, ex- girlfriend of George Clooney, is enjoying the Sundance Film Festival over the weekend and no, Larson wasn't invited.

Full 1080p and 720p HD models, including waterproof HD Cameras set to debut in both vertical and new horizontal body styles.

Comedian Mike Myers and Paris Hilton led the nominations on Wednesday for the annual Golden Raspberry Awards, the prizes for the worst films of the year.

Rapper Jamal Gravy Woolard, who was chosen to act as rapper Notorious B.I.G. in the biopic Notorious, is actually like Biggie when it comes to the law, according to E! Online.

Gossip Girl actress Kelly Rutherford seems to have more drama in her own life than her character, Lily van der Woodsen.

Oprah Winfrey, who played an active role in showing her support for President Barack Obama, made her final recommendation to the first couple on Tuesday night.

Kathleen Hilton who has been charged for murder and arson of killing a family of five on the top floor trial has begun Friday in Lawrence Superior Court.

While President Barack Obama and First Lady Michelle Obama were dancing the night away at ten inaugural balls throughout Washington, D.C., their daughters were on a scavenger hunt inside their new home, the White House.

Soon after the first beta build was sent out, Redmond told testers that it was planning a release candidate build and a final build then a more concrete date will be chosen based on the feedback the company receives during the service pack beta testing process.

Japanese star sensation, Ryo Ishikawa, 17, ranked 60th in the world will make PGA tour debut next month.

Apple upgraded its previous-generation white 13-inch MacBook architecture with the following specifications:

A new million dollar driver is set to be tested by Schoolboy Ryo Ishikawa, a young Japanese golf star.

Telecom equipment maker Ericsson had a 31% decline in its fourth-quarter earnings to $430.9 million.

Matt Dillon pleaded not guilty Wednesday to a speeding charge he received Tuesday for allegedly driving 106 mph on an interstate highway in Vermont.

Marc Anthony performed at the Inauguration's Western Ball and brought his wife, Jennifer Lopez on the stage for a duet that put the rumors of marital rift between the couple to rest.

Mining giant BHP Billiton Ltd announced plans Wednesday to slash 6,000 jobs, or about 6 percent of its global work force, as the collapse in commodity prices.

Best Buy Co Inc, the largest U.S. electronics retailer, said today its appointing Brian J. Dunn as its new Chief Executive Officer replacing Bradbury H. Anderson who will step down in June. The management move comes amid troubled times for retail stores hit by the economic recession as consumers cut their spending.

President Barack Obama moved to close the Guantanamo Bay detention camp on Tuesday, ordering military prosecutors to seek a 120-day suspension of legal proceedings in the trial of Khalid Sheikh Mohammed and his four co-defendants, according to Financial Times.

Satyam Computer Services Ltd. will hire an adviser bank to review options to rescue its business as investigations continue regarding alleged fraud.

The Securities and Exchange Commission is looking into Apple Inc's disclosures about Chief Executive Officer Steve Job's health problems to make sure investors were not misled.