IBT Staff Reporter

The commissioner of the U.S. tax-collecting Internal Revenue Service warned on Thursday of a real disaster for taxpayers next year should Congress miss a December 31 deadline to decide on billions in major tax provisions.

Stocks mostly traded sideways on Thursday, but the S&P 500 ended its worst week this year as growing pressure on Europe's debt markets revived concerns about the region's financial stability.

As he gathers with other movers and shakers at the White House on Thursday afternoon to witness President Barack Obama's signing of the Jobs Act, AOL Inc co-founder Steve Case is already thinking ahead to the next cause he can help champion behind the scenes: immigration reform.

A U.S. appeals court dealt Google Inc a major defeat by reviving lawsuits by Viacom Inc, the English Premier League and various other media companies over the use of copyrighted videos on Google's YouTube service without permission.

Stocks largely traded sideways on Thursday as growing pressure in Europe's debt markets raised concerns about the financial stability of the region and overshadowed what is expected to be a solid U.S. jobs report on Friday.

April 5 - San Francisco-based start-up lender SoFi has a novel idea to revive the moribund market in student-loan bonds -- get alumni to invest in their schools.

It may be cold comfort for countries on the euro zone's southern periphery mired in recession, but they are making clear strides by some measures towards putting their economies on a sounder long-term footing.

Web search giant Google Inc defended its new privacy policy as lawful and cited measures to educate users about it, in a letter sent on Thursday to French data protection regulators investigating its approach.

The Dow and the S&P 500 slipped on Thursday, on track for three straight days of declines, although jobless claims data showing improvement in the labor market helped offset revived concerns about the euro zone's fiscal stability.

The head of China's national pension fund called for a bigger role for the Chinese currency in the international monetary system, saying the yuan could someday account for 10 percent of global reserves.

Summery weather and an earlier Easter prompted shoppers to buy bright-colored clothing, with many boosting retailers' profits by paying closer to full price than in recent years.

The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market.

Stocks traded flat to slightly higher Thursday after two straight days of declines as jobless claims data showing improvement in the U.S. labor market helped offset revived concerns about the euro zone's fiscal stability.

The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market.

The incipient China branch of the international hacker organization Anonymous has hacked hundreds of mainland Chinese websites.

A U.S. appeals court has revived lawsuits by Viacom Inc, the English Premier League, and various film studios and television networks accusing Google Inc of allowing copyrighted videos on its YouTube service without permission.

A group of e-commerce start-ups, backed by some of the tech world's most pedigreed financiers, are betting that Facebook Inc can become an e-commerce powerhouse to rival Amazon.com Inc and eBay Inc.

Greece extended a deadline for a second time on Thursday for remaining bondholders to accept a debt swap, giving Athens a little more breathing space to formulate a response to investors who have refused to sign up for the landmark deal.

Stocks were little changed on Thursday despite data showing ongoing improvement in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health.

Stocks were little changed on Thursday despite data showing ongoing improvement in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health.

PSA Peugeot Citroen and Ford will phase out their cooperation in some diesel engines, the companies said on Thursday.

Wall Street was set for a lower open despite data showing ongoing healing in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health.

Swedish carmaker Volvo , owned by China's Zhejiang Geely Holding Group Co Ltd, plans to spend $11 billion on developing new products and boosting its manufacturing footprint in the next few years, a company spokesman said on Thursday.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited report on jobless claims.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited report on jobless claims.

Victoria's Secret parent Limited Brands Inc beat sales estimates for March, while Costco Wholesale Corp missed in a month expected to benefit from summery weather and an early Easter.

It's been likened to a piece of toast, a device for elephants and a throwback to the 1980s-style brick phone.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited a closely watched report on jobless claims.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited a closely watched report on jobless claims.