IBT Staff Reporter

Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.38 percent, Dow Jones futures up 0.62 percent and Nasdaq 100 futures up 0.61 percent at 4:10 a.m. EST.

The European Union's highest court ruled on Wednesday that the EU can make all airlines flying to or from European airports pay to offset their carbon emissions from January 1.

Europe's banks borrowed nearly 490 billion euros from the European Central Bank at its first-ever offer of three-year loans on Wednesday, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis.

European stocks and the euro firmed on Wednesday, enjoying a brief surge after banks borrowed around $489 billion euros from the European Central Bank at its first-ever offer of three-year loans on hopes it will be a significant step toward easing the region's two-year old debt crisis.

The International Business Times has compiled comprehensive profiles of the top seven Republican presidential candidates, with complete rundowns of their political positions, from Rick Santorum on abortion to Newt Gingrich on taxes. These profiles will be updated as the primary campaign continues.

Dozens of black-suited investigators, marching double-file, raided the office building of three small Olympus Corp subsidiaries Wednesday, one of 20 sites searched in a probe of a $1.7 billion accounting scandal that threatens the once-proud Japanese medical device maker's survival.

Europe's highest court will on Wednesday deliver a final ruling in a case over airline emissions that has triggered tit-for-tat legislation in the U.S. Congress and drawn a threat from U.S. Secretary of State Hillary Clinton.

Japan's central bank offered a bleaker view of the economy and the government warned of worsening business sentiment as exports slumped, adding to evidence of the pain Europe's debt crisis is inflicting on global growth and Japan's recovery prospects.

For anyone who follows film, television, publishing and newspapers -- our culture industry -- Robert Levine, the former editor of Billboard and a New York Times alum, has written a must-read book.

An electronics company engineer who the U.S. government considers a one-man sperm bank has fathered an estimated 14 children through free donations of his semen that he advertises over the Internet.

Japanese prosecutors raided offices of Olympus Corp and the home of a former executive on Wednesday in a probe into a $1.7 billion accounting scandal that has threatened the survival of the once-proud camera and medical equipment maker.

After a miserable few weeks at the box office, Hollywood is counting on a flurry of big movies hitting theaters starting Tuesday to reinvigorate its business.

Netflix Instant can't wash your car. An IMAX sound system can't pilot an aircraft carrier. And motion-capture animation can't make non-creepy-looking human characters. All that may change one day, but the technology hasn't yet caught up.

Jay Mohr has landed a role in Burt Wonderstone, New Line's comedy starring Jim Carrey, Steve Carell, Olivia Wilde, Steve Buscemi and James Gandolfini, TheWrap has learned.

It's another day, another lawsuit for the Jersey Shore crew.

The London Film Critics Circle, which this year moved its awards a few weeks earlier so as not to become an awards-season afterthought, has given Tomas Alfredson's Tinker, Tailor, Soldier, Spy and Nicolas Winding Refn's Drive the most nominations for its 32nd annual Film Awards.

The Chinese box office is on track to break the U.S. equivalent of $2 billion by the end of the year, according to a recent report from the country's State Administration of Radio, Film and Television.

European stocks rallied and the euro was well bid Wednesday as investors priced in an improvement in the economic outlook and looked forward to a big take up by banks of the European Central Bank's first-ever offer of three-year loans.

European stocks rallied and the euro was well bid Wednesday as investors priced in an improvement in the economic outlook and looked forward to a big take up by banks of the European Central Bank's first-ever offer of three-year loans.

HTC Corp has begun testing new phone models that work around technology cited in a patent lawsuit won by arch-rival Apple Inc, and HTC's chief executive voiced optimism over the company's ability to meet challenging market conditions.

The regulator for Fannie Mae and Freddie Mac is actively considering a proposal that would allow for a reduction in the outstanding mortgage debt of homeowners in Chapter 13 bankruptcy, Financial Times reported on Tuesday.

The regulator for Fannie Mae and Freddie Mac is actively considering a proposal that would allow for a reduction in the outstanding mortgage debt of homeowners in Chapter 13 bankruptcy, Financial Times reported on Tuesday.

Asian stocks and the euro rose on Wednesday after upbeat U.S. and German data and strong demand for Spanish debt tempered risk-aversion, with investors' focus turning to a European Central Bank tender as a gauge for euro zone funding strains.

AT&T has dropped its controversial $39 billion bid for Deutsche Telekom's U.S. wireless unit, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives.

The Bank of Japan kept monetary settings unchanged on Wednesday but offered a bleaker view on the economy than last month on mounting evidence of the pain Europe's debt crisis is inflicting on global growth and Japan's recovery prospects.

Chinese low-end smartphone maker Xiaomi has received $90 million in B-round venture capital funding from investors such as IDG Capital, Temasek Holdings and Qualcomm Inc, the 21st Century Business Herald reported on Wednesday.

Whether it involves embarrassing tweets, tone-deaf CEOs or even the disappearance of money, some oops moments need be relived just one more time.

The Bank of Japan kept monetary settings unchanged on Wednesday but cut its assessment of the economy on mounting evidence of the pain Europe's debt crisis is inflicting on global growth and Japan's recovery prospects.

Avago Technologies believes a correction in inventories of industrial chips is bottoming out and expects more complicated smartphones to drive demand for its filters and power amplifiers, its chief financial officer said on Tuesday.