IBT Staff Reporter

Texas Instruments Inc on Monday reported higher-than-expected fourth-quarter revenue as demand for its chips improved more quickly than it had forecast.

Macy's Inc is suing Martha Stewart Living Omnimedia Inc, accusing the company of breach of contract for entering into an agreement to sell certain products at stores run by its rival J.C. Penney Co Inc.

InterDigital Inc said it is looking to sell its patent portfolio and enter into licensing partnerships as part of its strategic alternatives plan.

Apple Inc has been in many ways an unstoppable stock, and that has been even more the case after earnings. Going back eight years, on the day after the release of results, its shares have risen 70 percent of the time.

U.S. Senator Chuck Grassley's Twitter account was hacked on Monday with bogus tweets attacking his stance on Internet anti-piracy legislation, his office said.

Apple Inc has been in many ways an unstoppable stock, and that has been even more the case after earnings. Going back eight years, on the day after the release of results, its shares have risen 70 percent of the time.

U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.

Eurozone finance ministers have rejected an offer by private bondholders to help restructure Greece's debts, officials said Monday, sending negotiators back to the drawing board and raising the threat of default.

U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.

U.S. Senator Chuck Grassley's Twitter account was hacked on Monday with bogus tweets attacking his stance on Internet anti-piracy legislation, his office said.

Stocks finished almost flat on Monday as investors took a break from a recent rally, awaiting earnings from bellwethers such as Apple later in the week.

Apple Inc coasts into 2012 with a strong wind in its sails, a clutch of envelope-pushing products in its hold, a record share price, and a steady hand at the tiller.

As state and federal officials near a deal with top banks to settle claims of foreclosure abuses, left-leaning activist groups have stepped up pressure on the officials to reach a deal that demands more from the banks.

Germany and France pressed Monday for a rapid deal between Greece and its private creditors that cuts its soaring debt to sustainable levels and said they were committed to a sealing a new bailout for Athens by March to avert a disastrous default.

The Supreme Court ruled on Monday that police cannot put a GPS device on a suspect's car to track his movements without a warrant, a test case that upholds basic privacy rights in the face of new surveillance technology.

Diamondback Capital Management will pay more than $9 million to settle allegations of insider trading at the Stamford, Connecticut-based hedge fund.

The head of Man Group, the world's biggest listed hedge fund manager, is backing the reintroduction of the so-called 'uptick rule' to reduce the risk of a market crash prompted by lightning-fast computer traders.

Diamondback Capital Management will pay more than $9 million to settle allegations of insider trading at the Stamford, Connecticut-based hedge fund.

The European Union will leave the setting of fines for breaching proposed new data protection laws largely to national bodies, European Commissioner Viviane Reding said after reports that the EU planned to fine companies up to 5 percent of their turnover.

The founder of file-sharing website Megaupload was ordered to be held in custody by a New Zealand court on Monday, as he denied charges of internet piracy and money laundering and said authorities were trying to portray the blackest picture of him.

Starbucks Corp , which sells the coffee that helps many Americans get wound up for their day, is now offering some a way to wind down.

(Corrects second bullet to clarify that rising asset prices may hurt growth, not profits. Also drops reference to tepid 2012 from headline as the mean forecast calls for a 24 percent year-over-year growth. The error in the headline first appeared in Update 1)

Stocks fell on Monday, taking a pause from a recent rally, as developments in the euro zone including the terms of a likely Greek default remained a concern.

Oil and gas producer Apache Corp will buy privately held Cordillera Energy Partners III for $2.85 billion in cash and stock, expanding its holdings in one of the most lucrative emerging oil and gas fields in the United States.

Starbucks Corp plans to begin selling beer, wine and more upscale food in a small number of cafes in Atlanta and Southern California by the end of this year as it explores an expansion beyond morning coffee and afternoon pick-me-ups.

While the FCC and Department of Justice haven't indicated opposition or concern, some people point to the wireless carrier's ability to roll out its 4G wireless network as reason that it doesn't need more spectrum.

A new poll shows a huge surge for Newt Gingrich in polls of Florida Republicans, underscoring the widespread discontent with Mitt Romney and the powerful momentum generated by Gingrich's upset victory in the South Carolina primary on Saturday.

The Supreme Court ruled on Monday that police cannot put a GPS device on a suspect's car to track his movements without a warrant, a test case that upholds basic privacy rights in the face of new surveillance technology.

Hedge fund Diamondback Capital Management will pay more than $9 million to settle civil insider-trading charges, and will also enter into a non-prosecution agreement with the Justice Department.