IBT Staff Reporter

The Treasury Department received a $972 million repayment from American International Group , funded by proceeds from the sale of AIG'S American Life Insurance Co. subsidiary last November, Treasury said on Tuesday.

French President Nicolas Sarkozy and German Chancellor Angela Merkel will hold an emergency meeting with Greece on Wednesday to push for a quick implementation of Athens' bailout deal, the only solution to its debt crisis, Sarkozy said on Tuesday.

Auto sales rose in October due to pent-up demand for cars and trucks although the gains failed to offset concerns that financial crisis in Europe could derail the industry's slow recovery.

Greece's shock referendum spells at least 10 more weeks of deep freeze for global investment and that hiatus may be enough to tip the world economy back into recession this winter.

Groupon Inc's IPO may be the biggest test yet for the nascent private stock exchanges that allow investors to trade the shares of hot start-ups like Facebook Inc before they go public.

Although Bank of America will drop its $5 monthly fee on debit card use that was expected to begin next year, some people have called the move a day late and a dollar short.

Microsoft Corp said hackers exploited a previously unknown bug in its Windows operating system to infect computers with the Duqu virus, which some security experts say could be the next big cyber threat.

Certain drugs are effective in cheaper pill form than as IVs, researchers said.

Britain and the United States strongly rejected calls from China and Russia for greater Internet controls on Tuesday at a major conference on the future of cyberspace, although Western states too faced accusations of double standards.

Hilary Swank was paid a six-figure sum to attend an event celebrating the rebuilding of the downtown commercial hub of formerly war-torn Grozny and not the birthday party of Chechen president Ramzan Kadyrov, an individual close to the actress said.

Tribeca Film has acquired U.S. rights to Death of a Superhero, which premiered at this year's Toronto International Film Festival, the company said Monday.

She's been atop the leader board on TV contest Dancing With the Stars several times, but Ricki Lake still doesn't believe she'll end up with the mirror ball trophy. The winner, she thinks, will be J.R. Martinez.

Stocks tumbled on Tuesday after investors were blindsided by a surprise call for a Greek referendum on an EU bailout plan, casting doubt on the sustainability of the recent market rally.

Bill Murray has joined the cast of Roman Coppola's A Glimpse Into the Mind of Charles Swan III, TheWrap has confirmed.

A month before he directs and co-produces his second Academy Awards show, Don Mischer will receive an honor of his own at one of the key Oscar precursor shows, the Producers Guild of America's 23rd annual Producers Guild Awards.

Sunday Night Football surged a remarkable 78 percent Sunday night, while Fox's animated slate, led by The Simpsons' Treehouse of Horror episode, also showed strong gains, according to preliminary numbers.

Prison time for crack cocaine offenders has gone down.

The Greek government believes it will win a confidence vote on Friday and will hold a referendum on an EU aid deal as planned, a spokesman said after several ruling party members asked for snap elections instead.

FX announced Monday that it has ordered 13 season-two episodes of the Ryan Murphy/Brad Falchuk series American Horror Story.

During the recent Golden Bell Television Awards last month in Taipei -- Taiwan's equivalent of the Emmy awards -- Huang Ming-chan, who won one of the top prizes in the director categories, gingerly walked up to the stage and snapped a cellphone photo of himself (over the shoulder) while approaching the podium.

After three years of reboots, sequels and prequels, the market for original scripts is finally sizzling again in Hollywood.

Ryan Kwanten, Leslie Bibb and Amy Smart are starring in CBS Films thriller 7500, the studio announced Tuesday.

Animated movie Puss in Boots landed on its feet with a $51 million global debut over the weekend and likely set a Halloween weekend record for a domestic opening, according to studio estimates released on Sunday.

With the Grand Theft Auto V trailer coming out on Nov. 2 details have been leaked about the game's specifics.

Under the Mistletoe isn't just Justin Bieber's first Christmas album. More significantly, maybe. it's his first album as a baritone.

Actress Scarlett Johansson has addressed her nude photo scandal from earlier this year, saying there was nothing wrong with her taking the photos, in an interview with Vanity Fair on Tuesday.

Paul Brooks' Gold Circle Films and Jason Blum's Blumhouse Productions have combined forces to form Angle Films. The companies simultaneously announced on Tuesday a first-look distribution deal for their new production company with Universal Pictures.

There may be legitimate reasons to dislike Susan Boyle. But Someone to Watch Over Me, her surprisingly tasteful third album, is not one of them.

Ranking magazine takes MCATs and grade point averages into account too heavily, medical school deans fear.