IBT Staff Reporter

Sidney Kimmel Entertainment is set to co-finance and co-produce Mr. Morgan's Last Love, starring Michael Caine, the company announced Monday.

Even after Bank of America backed off its $5 monthly debit card fee, banks are still raising existing fees and tacking on new fees in order to garner additional revenue.

GlaxoSmithKline is assessing final bids for a clutch of its non-prescription drugs, keeping the process on track for the selection of a buyer by the end of the year, people familiar with the matter said on Monday.

Amazon.com began shipping its Kindle Fire on Monday, a day earlier than it expected and extending its lead time over Barnes & Noble's rival Nook tablet.

CBS' CSI: Miami rebounded from last week's series low on Sunday, while ABC's Desperate Housewives and Pan Am showed modest gains and NFL took a predictable win with Sunday Night Football, according to preliminary numbers.

A child protection group is launching a television service that it hopes will help prevent sex abuse scandals like the one engulfing Penn State University's football team.

U.S. supercomputer firm Cray won a $188 million contract with the University of Illinois to provide a supercomputer for the Blue Waters project, three months after technology giant IBM pulled out of the venture.

Veteran British rock band Black Sabbath announced on Friday they are reuniting in their original four man line-up for their first new album in 33 years and a 2012 world tour.

Over four days of polling for the latest Politico-George Washington University survey, support for Herman Cain among likely Republican voters fell from 40 percent to 19 percent, underscoring the damage that has been done by the allegations that he sexually harassed four women.

Just days after the collapse of MF Global, a healthcare plaintiffs' lawyer registered the domain mfglobal-lawsuit.com -- a sign of the legal business the brokerage's failure is expected to generate.

The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank.

A special master overseeing the Justice Department's effort to stop AT&T from buying rival T-Mobile USA has issued a schedule for lists of trial witnesses to be drawn up, according to court papers.

German Chancellor Angela Merkel said on Monday that Europe could be living through its toughest hour since World War Two as new leaders in Italy and Greece rushed to form governments and limit the damage from the euro zone debt crisis.

Wall Street stocks fell on Monday as euro zone data signaled the region could be facing a recession, adding to worries about Europe's debt crisis.

WASHINGTON, Nov 14 - The New York County District Attorney's office will soon announce enforcement actions against additional foreign banks that helped Iran and other U.S.-sanctioned countries access the U.S. financial system, Manhattan District Attorney Cyrus Vance, Jr said on Monday.

Illegal immigration is the issue of the week in Frederick County, Maryland following an incident last week in which an illegal immigrant was charged with murder.

Amazon.com's Kindle Fire tablet and Microsoft's efforts to get back into the mobile game have impressed developers, a survey released on Monday showed, while BlackBerry maker Research In Motion fell further behind.

Italian bank UniCredit is to ask shareholders for 7.5 billion euros ($10.3 billion) in new capital, cut 6,150 jobs and retreat from key business areas in a bid to repair its ravaged balance sheet and return to profit.

The DVD of Harry Potter and the Deathly Hallows, Part 2, in which the evil dragon is vanquished by Harry Potter, who is helped by Ron and Hermione, released in Orlando on Saturday.

Sprint Nextel is cutting prices on their 3G/4G data plans in order to better compete with its largest rivals, the company announced Monday.

The audiophilic HTC Rezound launches today on Verizon Wireless. In addition to 4G LTE and a hefty 1.5 Ghz processor, the Rezound includes Beats Audio technology from Dr. Dre's Beats Electronics line and is the first HTC phone to come with a 720p HD touch display.

LEIPZIG, Germany, Nov 14 - Warning that Europe faced its toughest hour since World War Two, German Chancellor Angela Merkel urged her party to set aside its misgivings about the euro and accept closer political integration as a solution to the bloc's deepening debt crisis.

LEIPZIG, Germany, Nov 14 - Warning that Europe faced its toughest hour since World War Two, German Chancellor Angela Merkel urged her party to set aside its misgivings about the euro and accept closer political integration as a solution to the bloc's deepening debt crisis.

The biggest shopping event of the year is just on the horizon and there are plenty of good deals for the gaming crowd.

The 45th Annual CMA Awards ceremony on Nov. 9 night witnessed the huge success of Taylor Swift. For the second time, the singer took home the Entertainer of the Year award, the highest honor of Country music.

Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.

Olympus Corp directors approved the purchase of Gyrus Group's preferred stock from a firm that advised the Japanese company's takeover of the British medical products maker, for more than three times the original price just two months after the shares were issued, the Nikkei business daily said.

The financial crisis is forcing investment bankers to take on unfamiliar tasks left behind by redundant colleagues to meet the needs of clients struggling with choppy markets.

The publisher of the publications, Ray Chelstowski, has been given the ax; a source tells the Wall Street Journal. The move was made given the ownership's displeasure with advertising revenue.