IBT Staff Reporter

Oil rose to a one-month high above $96 a barrel on Wednesday ahead of a U.S. government report expected to show crude inventories in the world's top consumer fell for a sixth straight week.

Dec 26, 2007

Berkshire Hathaway Inc, the conglomerate headed by billionaire investor Warren Buffett, said on Tuesday it planned to buy 60 percent of manufacturing and services group Marmon Holdings Inc. for $4.5 billion.

Dec 26, 2007

If you thought finance had nothing to do with angels, think again.

Dec 25, 2007

When Adele Rothman bought her 16-year-old son a car in 2003

Dec 21, 2007

U.S. stocks jumped the most in three weeks on Friday,

Dec 21, 2007

Last summer's slew of toy recalls has not faded from U.S. consumers' minds

Dec 21, 2007

A Lebanese presidential election scheduled for Saturday has been postponed until December 29, the parliament speaker said on Friday, the tenth delay to the vote.

Dec 21, 2007

The software company co-founded by Microsoft Chairman Bill Gates nearly two years ago is seeing the benefits of more stringent intellectual property policies in China, with a decline in piracy rates and improved results at its mainstay Windows division.

Dec 21, 2007

U.S. Stocks gained the most in two weeks, after news of a possible foreign investment in Merrill Lynch and a government report that consumer spending increased in November by the most in two years.

Dec 21, 2007

Consumer spending rose in November, beating forecasts and easing concerns of an economic recession, while inflation raised its fastest pace in two years, the Commerce Department said on Friday.

Dec 21, 2007

A Chinese appeal court upheld an earlier music piracy ruling on Thursday, that found Yahoo China guilty of allowing mass copyright infringement through music downloads from its Website, the International Federation of the Phonographic Industry (IFPI) said.

Dec 21, 2007

U.S. shoppers, come out, come out, wherever you are. Super Saturday, the last Saturday before Christmas, is often the biggest shopping day of the holiday season, according to the National Retail Federation.

Dec 21, 2007

President Vladimir Putin may become the next chairman of Russian gas export monopoly Gazprom when he steps down following a presidential election in March, Vedomosti business daily reported on Friday.

Dec 21, 2007

Nintendo of America President Reggie Fils-Aime says he isn't too excited about retailers forcing buyers to get bundles which include its Wii game system together with other products such as games and accessories.

Dec 20, 2007

Tribune Company said Thursday that it has completed its deal to go private with real estate magnage Samuel Zell taking over as chairman of the board and chief executive officer.

Dec 20, 2007

Red Hat, a distributor of the Linux Operating System, named former Delta Airlines Chief Operating Officer James Whitehurst as its new chief executive officer on Thursday.

Dec 20, 2007

Microsoft has signed a deal to share detailed information about its Windows software with a free software group, marking one of the first concrete results of the European Commission's anti-trust sanctions meted against the software giant.

Dec 20, 2007

Campbell Soup Co., the world’s largest soupmaker, said on Thursday it has agreed to sell its Godiva Chocolatier unit to Yildiz Holding A.Z. for $850 million. Yildiz, the owner of the Ulker Group, is the largest consumer goods company in Turkish food industry with biscuits, chocolate, confectionery, food and beverages and dairy businesses.

Dec 20, 2007

A Microsoft General Manager broke Microsoft's silence regarding Internet Explorer 8 by sharing details on a blog post of about its new web browser that will launch in the first half of 2008.

Dec 20, 2007

Apple is clearing up all rumors of its products, starting with the rumor sites sprinkled across the web.

Dec 20, 2007

Google cleared a major regulatory hurdle on Thursday after the Federal Trade Commission, the US antitrust regulator, approved the Internet search giant’s bid to buy online advertising company, DoubleClick Inc.

Dec 20, 2007

Gold prices fell on Thursday for the second straight day on a rising dollar, causing investors to lose interest in the precious metal, yet reinforcing confidence in steady U.S. economic growth.

Dec 20, 2007

Oil and gas stocks fell on Thursday as crude oil prices moved closer $92 a barrel.

Dec 20, 2007

European stocks closed higher on Thursday, recovering from a three-session losing streak due on strong Oracle results that pushed technology shares higher as energy stocks rose along with oil prices.

Dec 20, 2007

The yen rose on Thursday after a sign that the U.S. economy is still facing more trouble from the subprime mortgage market mess as financial firms continued to report high exposure and losses.

Dec 20, 2007

The dollar continued to firm against the sterling following weak UK economic data, rising to its highest level in 4-months at 1.9813. However, the greenback was slightly softer against the yen and euro following the weak Philadelphia Fed survey.

Dec 20, 2007

The gap between the best and worst child trust fund (CTF) deals has widened, research shows. Average interest rates on cash CTFs have risen by 1.19 percent in the past year to 6.34 percent, according to price comparison site MoneyExpert.com.

Dec 20, 2007

US Stocks dropped in late morning trading, in spite of higher than expected earnings results from Oracle Corp. and Nike Inc.

Dec 20, 2007

Nations are making deals with top exporters to to get enough oil and develop new projects to boost economic growth.

Dec 20, 2007