IBT Staff Reporter

Commerzbank will accelerate a pullback from euro zone nations and cut risky assets to avoid another state bailout after a 798 million euros ($1.10 billion) impairment on Greek assets pushed it to a third-quarter operating loss.

Los Angeles Galaxy beat the New York Red Bulls 2-1 and sealed their berth in the MLS Western Conference final at the Home Depot Center on Thursday.

This year's Paris Masters will miss World number two Rafael Nadal who pulled out of next week's tournament so as to concentrate on the ATP World Tour Finals in London and the Davis Cup final.

MF Global 's operations in Asia and Australia have received nearly 40 credible offers and a sale is expected to be agreed by the end of the weekend, the provisional liquidator for the brokerage's Hong Kong unit told Reuters on Friday.

Asian shares rallied more than 3 percent and the euro steadied on Friday on hopes Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence vote scheduled for later in the Greek parliament.

Asian shares rose more than 2 percent and the euro steadied on Friday on hopes Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence vote scheduled for later in the Greek parliament.

Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.

U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, though it may have been strong enough to suggest some economic momentum is building.

Daniel Craig will be back dodging bullets and vanquishing villains from China to Turkey in the 23rd installment of the James Bond film franchise, but the stars and director of Skyfall are keeping the who, what and how under wraps for now.

Walter Isaacson's biography of Apple Inc co-founder Steve Jobs leapt to the top of bestseller lists in its first week in book stores, flying off shelves to the tune of 379,000 copies, according to Nielsen's BookScan.

U.S. regulators are launching a broad review into the business practices of failed futures brokerage MF Global Holdings Ltd as their hunt continues for over $600 million in missing customer money.

DaVita Inc , the biggest U.S. operator of dialysis clinics, said its third-quarter profit rose 13 percent, meeting Wall Street estimates, as treatment volumes increased.

Some might argue that all stars are overpaid, but Drew Barrymore and Eddie Murphy are in a league of their own, according to a survey conducted by Forbes.com and published on Thursday.

A Los Angeles jury will start deliberating the fate of Michael Jackson's doctor on Friday after a six-week manslaughter trial stemming from the 2009 death of the self-styled king of pop.

Olympus Corp said on Friday it would delay its July-September earnings announcement from November 8 as it needs more time after appointing an external panel to look into its past M&A deals.

Olympus Corp said on Friday it would delay its July-September earnings announcement from November 8 as it needs more time after appointing an external panel to look into its past M&A deals.

AFTRA announced Thursday that it has set a Nov. 7 start date for negotiations with ABC, CBS, NBC and Fox on a new Network Television Code contract.

Production and financing company Endgame Entertainment has set up a $150 million fund to provide marketing and distribution funding for wide release movies, the company announced Thursday.

Rise of the Planet of the Apes is about to rise a little higher.

An Illinois man pleaded not guilty on Thursday to stalking teenage actress Selena Gomez, best known for her role in Disney television show Wizards of Waverly Place.

Google, Microsoft, Citigroup, IBM, GE and other top-tier American companies on Thursday urged the United States to fight for trade rules that protect the free flow of information over the Internet.

HTC Corp <2498.TW> said its latest smartphone, the Rezound, will be its first U.S. phone to include audio technology from Beats Electronics, a company it took control of earlier this year.

Investors want to lift the shroud of secrecy over the proposed $8.5 billion settlement of Bank of America Corp's mortgage-backed securities liability in the coming weeks, a lawyer said on Wednesday.

Robert, Kristen, Taylor at the Handprint ceremony

A man accused of shooting his ex-wife and seven others dead in a California hair salon told police he contemplated the killings while sitting on a beach after a quarrel with his former spouse, court documents showed.

Weddings are the new funerals.

Universal Music Group is being asked to pay the piper when it comes to digital licensing -- and the bill could end up being pretty hefty indeed.

Judge Kevin Brazile has denied a motion by the Hollywood Foreign Press Association to dismiss portions of the lawsuit brought by its former publicist Michael Russell, paving the way for the litigation to move forward to court.

Europa, a suspense drama about astronauts from different countries who head to the frigid glacial moon of Jupiter, has found a warm reception at this year's American Film Market, selling in 12 territories so far.