IBT Staff Reporter

The Annie Awards, which have been wracked by controversy in recent years, attempted to right the ship on Monday with a slate of nominations that included, well, everybody.

Standard & Poor's has warned Germany, France and four other top-rated euro zone countries that they risk losing their AAA rating in the next 90 days as the region's debt crisis deepens, the Financial Times reported on Monday.

The cash-strapped U.S. Postal Service on Monday moved forward with plans to end next-day delivery of letters, postcards and other First Class mail.

The threat of cyberattacks on the U.S. power grid should be dealt with by a single federal agency, not the welter of groups now charged with the electric system's security, researchers at the Massachusetts Institute of Technology reported on Monday.

The furor over the New Yorker's decision to run a review of David Fincher's The Girl With the Dragon Tattoo more than a week before the embargo date heated up on Monday, as the review hit newsstands and an email exchange between critic David Denby and producer Scott Rudin spread around the web.

The U.S. futures regulator unanimously approved on Monday tighter limits on how brokerage firms can use customer funds, a measure the now-bankrupt MF Global had encouraged the agency to delay.

With 80 days to go until 3M Co Chief Executive George Buckley hits the company's mandatory retirement age, investors seem unusually disinterested in the immediate future of the management team.

Growth in the U.S. service sector eased last month, and new orders for factory goods fell in October, tempering recent optimism that the U.S. economy may be poised for a more vigorous rebound.

The leaders of France and Germany agreed a master plan on Monday for imposing budget discipline across the euro zone, saying the EU's basic treaty will need to be changed in the search for a sweeping solution to its debt crisis.

Facebook has hired the co-founders of Gowalla, one of the pioneering companies that developed the concept of checking in at real-world locations with mobile phones.

A U.S. court error on Friday offered a brief glimpse at information that Apple Inc and Samsung Electronics have tried to shield from the public during their high-stakes patent litigation.

The leaders of France and Germany said on Monday they would push for EU treaty change by March to introduce closer fiscal union and sanctions for countries flouting deficit limits in a bid to shore up confidence in the euro zone.

Stocks jumped at the start of what could be the most important week of the year for Wall Street as hopes grew that European leaders will find a solution to the region's debt crisis at a summit on Friday.

More than a third of U.S. shoppers are already done with most of their holiday shopping, a survey showed on Monday, signaling that retailers need to offer bigger incentives to win sales in the few weeks before Christmas.

SAP AG's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price paid is very high at first glance, analysts said on Monday.

Phyllis Schlafly, the conservative activist who spearheaded the anti-feminist movement in the 1970s, has endorsed Michele Bachmann for the Republican presidential nomination.

Stocks jumped at the start of what could be the most important week of the year for Wall Street as hopes grew that European leaders will find a solution to the region's debt crisis at a summit on Friday.

Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday - the longest on record for insider trading - at a former military base near a small, leafy Massachusetts town.

Following are highlights of a news conference by French President Nicolas Sarkozy and German Chancellor Angela Merkel following bilateral talks in Paris to hone joint proposals for more central control of euro zone budgets.

The European Union is becoming skeptical about slapping sanctions on imports of Iranian oil, diplomats and traders say, as awareness grows that the embargo could damage its own economy without doing much to undercut to Iran's oil revenues.

There were no surprises when the nominees for the FIFA Ballon d'Or was announced Lionel Messi, Cristiano Ronaldo and Xavi shortlisted for the prestigious award.

Growth in the U.S. service sector eased last month, and new orders for factory goods fell in October, tempering recent optimism that the U.S. economy may be poised for a more vigorous rebound.

Stocks of several cloud-computing companies rose on Monday, after German software giant SAP offered to buy Web-based software maker SuccessFactors at a high premium on Friday.

Peter Jackson's production company, WingNut Films, announced on Sunday that it has completed a documentary about the West Memphis Three -- the three men whose murder convictions in Arkansas were overturned this past August.

Fox Searchlight debuted its NC-17 rated Shame to $361,181 at 10 U.S. locations this weekend, according to studio estimates, for an outstanding per-screen average of more than $36,000.

The pace of growth in the vast U.S. services sector slowed in November to the lowest level in nearly two years, according to an industry report released on Monday.

Kraft Foods Inc named its chief executive, Irene Rosenfeld, to lead its snacks business and Kraft North America President Anthony Vernon to lead its North American grocery business when it splits in two next year.

The pace of growth in the vast U.S. services sector slowed in November to the slowest since January 2010, according to an industry report released on Monday.

Investors pessimistic about the prospects of U.S. banks and brokers have some good company: Wall Street chief executives.