IBT Staff Reporter

When Downton Abbey was announced as the winner of all those awards -- six, out of 11 nominations -- at last year's Emmy ceremony, most viewers were probably wondering a) what Downton Abbey was and b) if someone had left an extra w out of the title.

Stocks have strayed from their recent link to euro moves, and the start of U.S. corporate earnings next week could help shift investor focus back to U.S. fundamentals from Europe.

U.S. securities regulators said on Friday that defendants can no longer settle civil cases using neither admit nor deny language if they have already admitted to wrongdoing in parallel criminal cases.

Brian Beletic, a director of music videos and commercials, will direct a Disney mountain-climbing movie inspired by its Matterhorn theme-park ride, TheWrap has confirmed.

Actress Drew Barrymore and her new fiance Will Kopelman on Friday released a photo of the couple showing off her engagement ring, confirming reports they joined a long list of stars who got engaged over the holidays.

One winner in 2012's political races already has been decided: local television stations.

Disney has tapped production designer Robert Stromberg (Avatar, Alice in Wonderland) to direct the live-action movie about Snow White's evil queen Maleficent, The Wrap has confirmed.

Metallica is fueling up for a 3D film, the heavy-metal band confirmed Friday following months of speculation. The movie is being targeted for a theatrical release in 2013

Is the public -- gasp! -- growing weary of Snooki, the Situation and the rest of the orange-hued Jersey Shore gang?

The stars of television singing contest The Voice on Friday promised more celebrity and top talent in their upcoming season as they compete fiercely with rival American Idol, the most-viewed program on TV.

Warner Bros. totally flipped the script on the Writers Branch of the Academy of Motion Picture Arts and Sciences -- but it was all an innocent mistake.

Longing plays a key role in Tran Anh Hung's new film Norwegian Wood, and it's an emotion with which fans of the Vietnamese-born director have some familiarity.

Federal Reserve Governor Sarah Bloom Raskin on Saturday said the Fed must impose monetary penalties on banks who entered into an April agreement with regulators over how to fix problems in their mortgage servicing businesses.

To find a precedent for the deep, lasting output cuts that aluminum producers must make to put a floor under prices, traders are looking a lot further back than the last recession.

Federal Reserve Gov. Sarah Bloom Raskin said on Saturday the Fed must impose monetary penalties on banks that entered into an April agreement with regulators over how to fix problems in their mortgage-servicing businesses.

Securities regulators will no longer let companies settle civil cases without admitting or denying the charges if they have already admitted wrongdoing in parallel criminal cases.

A senior Central Bank of Iran official has denied rumors that the bank's governor has resigned, the ISNA news agency reported Saturday, in a week when the currency hit a record low amid rising inflation and concerns about tighter economic sanctions.

China's total insurance premiums rose 10 percent to 1.43 trillion yuan ($226.64 billion) in 2011 from a year earlier, state media quoted the country's industry regulator as saying on Saturday.

Exxon Mobil Corp and the government struck a deal on Friday that would allow the company to move ahead with development of a field in the Gulf of Mexico estimated to yield tens of billions of dollars of oil.

U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the country's economic recovery is gaining steam.

U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam.

UniCredit's head on Saturday expressed surprise the Italian bank's stock slid this week after the pricing of a cash call and said he looked forward confidently to Monday when the rights to buy into the 7.5 billion euro capital increase start trading.

Joerg Asmussen, a European Central Bank executive board member, wants ECB policy makers to show unity when dealing with the public, according to a newspaper report released on Saturday.

ECB Executive Board member Joerg Asmussen wants European Central Bank policymakers to show unity when dealing with the public, according to a newspaper report released on Saturday.

Exxon Mobil Corp and the government struck a deal on Friday that would allow the company to move ahead with development of a field in the Gulf of Mexico estimated to yield tens of billions of dollars of oil.

Stocks have strayed from their recent link to euro moves, and the start of U.S. corporate earnings next week could help shift investor focus back to U.S. fundamentals from Europe.

The Obama administration on Friday opted against closing a loan of as much as $730 million for steelmaker Severstal North America, whose financing bid to expand a plant for auto-steel production drew the attention of congressional investigators looking at U.S. Energy Department loan programs.

The Obama administration on Friday opted against closing a loan of up to $730 million for steelmaker Severstal North America, whose financing bid to expand a plant for auto steel production drew the attention of congressional investigators looking at Energy Department loan programs.

Hedge fund manager John Paulson lost more than half of the capital in one of his firm's biggest funds, people familiar with the number said Friday.