IBT Staff Reporter

Embattled Olympus Corp jumped more than 11 percent on Thursday for its third day of gains, with investors appearing less worried that the stock would be delisted by the Tokyo Stock Exchange.

Taiwan's HTC Corp cut its revenue forecast for the fourth quarter to no growth over the same period a year earlier from around 20 percent to 30 percent year on year growth previously, but forecast a pick up in the first half of 2012.

When gamers take the wraps off the new BioShock video game next year, they should not be surprised if parts of the game remind them of the Occupy Wall Street protests.

U.S. chemical giant DuPont on Wednesday announced a multi-year partnership with Israel-based biotechnology company Evogene Ltd. to develop a strain of soybeans that carry improved resistance to rust, a fungal disease devastating to the crop.

For many states, a law intended to root out corruption also has been good for the bottom line.

Fidelity Investments gives a select group of employees an unusual perk. It lets them make unsecured loans to the company at annual interest rates that have paid them nearly 20 percent in recent years.

Big-box electronics retailer Best Buy has no regrets about stocking Research In Motion's PlayBook tablet, despite the product's poor reception and subsequent sharp discounting.

U.S. consumer spending growth slowed in October and business capital investment plans were weak, raising questions about expectations for solid economic performance in the fourth quarter.

Ever wondered what the U.S. economy might look like should there be another Lehman Brothers-style bank collapse? Well, it would not be pretty.

German drugmaker Merck KGaA accused U.S. rival Merck & Co of hijacking its Facebook page and said it plans to sue to get it back.

A bill to create a wireless network for public safety and make more airwaves available to bandwidth-hungry communications companies, will be considered by a House of Representatives committee next week.

Stocks suffered a sixth straight day of losses on Wednesday as frustration over the euro zone's debt crisis, coupled with weak Chinese factory data, further dented investor sentiment.

Wednesday's share plunge follows a nearly 15 percent fall in Groupon's stock price on Tuesday.

Dreaming of an orange Christmas, or at least an orange-skinned one?

Jack Elinson, a veteran TV comedy writer and producer, died Thursday of natural causes at his Santa Monica home, the Writers Guild of America, West announced. He was 89.

One thing I learned while writing my holiday film guide Have Yourself a Movie Little Christmas is that there are two kinds of plots in this sub-genre with a tendency to stink on ice: movies about Santa, and anything where somebody has to save Christmas. (Miracle on 34th Street, Elf and Ernest Saves Christmas among the obvious exceptions.)

As someone who grew up on Sesame Street, I often imagined that one day, I'd be able to go through the TV screen and live in a brownstone next to Ernie and Bert and Oscar and Big Bird. So when I saw Walter (voiced by Peter Linz), the new Muppet character from The Muppets, have that same dream about following Kermit and Fozzie and Miss Piggy to the other side of the glass, I knew that the Muppets' return to the big screen was in loving and capable hands.

A first-in-the-nation ban on the sale of fur clothing in the trendy Southern California city of West Hollywood has been given final approval by officials after weeks of contentious debate.

Grammy-winning singer Rihanna may soon be headed to the top of the album charts after her latest record, Talk That Talk reached No. 1 on iTunes on Tuesday, one day after its release.

Remember when metal was the happiest genre on earth? If not, you're either too young to recall or too old to care about the 1980s heyday of hair-metal, when the pouffy 'dos, screeches, and spirits were all as high as a drummer stumbling out of the Rainbow Room.

Family films are always a big part of the Thanksgiving box office equation, but this year multiplexes will be especially stuffed with the genre.

The NBA meandered ever so slightly closer to resolving its five-month-long work stoppage Tuesday, with its players consolidating two class-action anti-trust suits against league owners.

The me in the my in My Week with Marilyn is Colin Clark (played by Eddie Redmayne), who turns his back on his upper-crust background -- his father is legendary historian Kenneth Clark -- to take a grunt job with Laurence Olivier's production company.

A former talent manager is hoping to convince the California Supreme Court to block enforcement of the state's Talent Agencies Act.

There are no Great Scott! You've discovered penis envy! moments in David Cronenberg's A Dangerous Method, which explores the birth of psychoanalysis, but given the general tedium of the goings-on here, such a scene might have provided sweet relief.

Last year's holiday movie season seemed to belong to filmmaker David Fincher. His The Social Network struck the zeitgeist among movie goers, critics and awards groups.

Hoping to fill up your Thanksgiving weekend with a marathon of The Cosby Show or 3rd Rock From the Sun? If you're a Hulu Plus subscriber, you're in luck.

Moody's Investors Service on Wednesday warned that its top credit rating for the United States could be in jeopardy if lawmakers backtrack on $1.2 trillion in deficit cuts planned over 10 years.

Can too much success be a bad thing? In the case of the critical acclaim received by the 2010 film Rabbit Hole, perhaps so.