IBT Staff Reporter

Bank of America has canceled its plans for a $5 monthly debit card fee in response to public backlash, making it the last major bank to retreat. Bank of America had proposed the fee in response to the 2010 Dodd-Frank financial regulatory bill.

Yahoo Inc will pay $270 million for interclick inc as it tries to revive its ailing online advertising business, even as the search and advertising giant continues to scout for potential bidders.

Drug wholesaler AmerisourceBergen Corp reported higher-than-expected fiscal fourth-quarter earnings on Tuesday, driven by strong sales in its generic and specialty drug businesses.

MetroPCS saw a sharp increase in customer defections in the third quarter as heavy use of bandwith-hungry smartphones hurt its network performance, sending its shares down almost 9 percent in morning trade.

Arsenal will look to seal progress, or at least make the vital steps towards the knock-out rounds, when they host Marseille in the Uefa Champions League.

The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.

Reality TV star Kim Kardashian filed for divorce on Monday, just 72 days after marrying basketball player Kris Humphries in a lavish wedding that was billed as a fairytale.

MF Global Holdings Ltd, the futures broker that filed for bankruptcy protection on Monday, failed to keep its customers' accounts separate from the firm's funds, its main exchange regulator said on Tuesday.

In their battle to bolster state finances and avoid sovereign defaults, euro zone policymakers may do well to examine the efforts of tiny neighbor Lithuania to reform state-owned enterprises.

Chrysler Group LLC posted a 27 percent gain in October U.S. sales -- its best result in four years -- as major automakers reported results pointing to the strongest showing for industrywide vehicle sales since the start of 2011.

Pfizer Inc's quarterly results came in much better than expected, as sales of its medicines accelerated in emerging markets and in the nutritional products and animal health businesses it plans to divest.

Stocks tumbled about 2 percent on Tuesday after the deal to rescue Greece and prevent a wider sovereign debt crisis was thrown into disarray.

Prime Minister George Papandreou's call for a referendum on the latest Greek bailout plan has blown a potentially fatal hole in the euro zone's strategy to overcome its sovereign debt crisis.

Redistricting happens every ten years, and it is always followed by court challenges, political fights, and incumbents scrambling for a place to run. Here's some of this cycle's more interesting cases of redistricting madness.

U.S. agricultural processor Archer Daniels Midland Co said on Tuesday quarterly net earnings rose from a year ago, but its profits were squeezed by high corn costs and tight oilseed processing margins.

French President Nicolas Sarkozy will discuss Greece's decision to hold a referendum on its bailout deal with German Chancellor Angela Merkel on Tuesday afternoon and then hold an urgent ministerial meeting, Sarkozy's office said.

The pace of growth in the U.S. manufacturing sector unexpectedly slowed in October, in line with trends in China, Britain and Canada in data reported on Tuesday.

Rihanna canceled a show in Sweden after being hospitalized for severe exhaustion caused by a bad case of the flu.

Britain rejected calls from China and Russia for greater Internet controls on Tuesday at the opening of a major cyberspace conference but was criticized for suggesting curbs on social media after recent riots.

Pfizer Inc reported better-than-expected quarterly results, helped by the weaker dollar and strong performance of the nutritionals and animal health businesses it plans to sell or spin off.

Prime Minister George Papandreou's call for a referendum on the latest Greek bailout plan has blown a potentially fatal hole in the Eurozone's strategy to overcome its sovereign debt crisis.

The 23-man shortlist for the 2011 FIFA Ballon d'Or is dominated by Barcelona and Real Madrid players, who make up more than half of the nominees.

Olympus Corp on Tuesday named six men, including a former Japanese supreme court justice, to investigate past M&A deals at the core of a scandal engulfing the endoscope and camera maker in a bid to stem an exodus of irate investors.

Chrysler Group LLC reported its best October sales since 2007 on Tuesday, the first major automaker to announce sales for what is expected to be the best monthly showing of the year.

Prime Minister George Papandreou's call for a referendum on the latest Greek bailout plan has blown a potentially fatal hole in the euro zone's strategy to overcome its sovereign debt crisis.

Published on Halloween, a study co-authored by Pontus Skoglund and Martin Jacobsson found that a recently discovered member of the Homo genus' genes are more common than we previously thought.

Battlefield 3 becomes the fastest selling game of 2011 as it sells 5 million copies in its first week.

Taiwanese manufacturer HTC has wowed again this quarter, it revealed in an earnings report released today. Third quarter earnings rose to $624.6 million, a 68 percent increase over last year's earnings for the same period and 7 percent increase over the previous quarter, thanks to several Android-based bestsellers.

Amid a push to go beyond the sale of boxed games, the major games retailer starts selling Android tablets.