IBT Staff Reporter

European stockbrokers may find it hard to escape unscathed as sweeping regulatory changes lead to a boom in the use of high-tech systems designed to remove the human element from trading and radically reshape markets.

A one-day summit on Airbus will be held to halt in-fighting blamed for their worst recent industrial crisis.

Russian Gas monopoly Gazprom signed a deal with French energy giant Total on Friday to jointly develop the enormous Shtokman natural gas field.

Even if CEO Ed Zander departs, it could be two or three years before the phone maker's business turns around.

A turn for the worse this week in the subprime home loan meltdown has pundits and investors playing the blame game.

Florida has plenty of sunshine to power rooftop solar panels but utilities say they won't be cost effective.

Sony Ericsson saw profit jump 55 percent in its latest fiscal quarter as the cell-phone maker shipped nearly 25 million units worldwide, the company said Wednesday.

The threatened buyout of student lender Sallie Mae may still go ahead -- but the $25 billion price tag could be negotiated down.

The dollar was flat against the euro on Friday, supported by a six-month high in U.S. consumer sentiment, even though an unexpected fall in retail sales last month and troubles in credit markets loomed.

The S&P 500 index climbed to a record on Friday, surpassing levels reached during the Internet bubble, as General Electric Co. increased a stock-buyback plan and data showed improving consumer sentiment.

Samsung Electronics reported a quarterly profit decline of 5 percent on Friday but shares rose to a 15 month high following speculation of a take-over bid from U.S. activist investor Carl Icahn.

Home buyers and home sellers alike can find more innovative and useful features than ever on real estate Web sites, which are nimbly adapting to the U.S. housing slump.

News Corp. said Wednesday that will launch a new cable-television business channel on October 15 that will directly compete with General Electric'smarket leader, CNBC.

Intel Corp. said on Friday it will support a Massachusetts Institute of Technology researcher's project to put computers in the hands of poor children around the world, reversing its long-standing opposition to the proposal.

Jones Apparel Group Inc. (NYSE: JNY) said that its chief executive Peter Bonaparte resigned on Thursday and the company promoted its current operations officer, Wesley Card, to the fill the vacancy.

Motorola Inc. (NYSE: MOT) said Wednesday that it expects another loss for its second quarter as mobile phone sales continue to slide.

Warner Music Group's decision on whether to counter bid for British rival EMI Group has become a tortuously long one, as the No. 4 player grapples with exposing itself further to recorded music amid a faster-than-expected decline in the industry.

Companies from Home Depot to Johnson & Johnson are borrowing a page from the private equity playbook by accumulating debt to boost returns - and Wall Street is lending a helping hand.

September 11 victims who sued airlines and their security contractors will have their cases heard for the first time almost six years after the hijacked plane attacks on the United States, a federal judge has ruled.

Former media mogul Conrad Black is guilty of criminal fraud and obstruction of justice but innocent of racketeering, a U.S. jury found on Friday.

Blue-chip stocks rose on Friday, sending the Dow to a record, as General Electric Co's expanded share repurchase plan and a stronger-than-expected reading of consumer sentiment tempered worries about the economy's health.

Baker Hughes Inc. warned on Friday a significant deterioration of activity and profitability in Canada would hurt its second-quarter profit, knocking down stocks in several oil service peers.

China, reeling from a series of health scandals, on Friday told food and drug companies to put safety first and urged the media to paint a rosier picture as the government scrambled to quell public alarm.

Oil climbed to a new 11-month high above $77 a barrel on Friday after the International Energy Agency added to global supply concerns with forecasts of no let-up in fuel demand next year despite near-record prices.

U.S. retail sales posted their biggest monthly decline in nearly two years during June, according to government data issued on Friday, indicating the housing market slump and soaring gasoline prices are depressing consumer spending.

Idenix Pharmaceuticals Inc. said on Friday it has written off its experimental hepatitis C drug after U.S. regulators ruled that the risks associated with the drug outweigh the benefits.

A seasoned fan of the world's biggest video game trade show might be disappointed to find the sometimes-irreverent industry is now taking itself a little more seriously.

British Prime Minister Gordon Brown denied on Friday a shift in foreign policy away from the United States after one of his ministers told an audience there that a country's strength depended on alliances not military might.

Google Inc. co-founder Sergey Brin said on Thursday his company would be happy to talk with Facebook about potential ties, but that the social network did not appear to be courting takeover bids.