IBT Staff Reporter

Netflix Inc reported an increase in third-quarter revenue that beat analyst expectations but said DVD subscriptions would sharply decline in the fourth quarter, sending its shares down sharply.

The weak housing sector continues to pose a strong headwind to the economic recovery, and the Federal Reserve could potentially do more to drive down mortgage rates to support the sector, an influential Federal Reserve official said on Monday.

The biography of late Apple Inc. co-founder Steve Jobs' hit the bookstores on Monday, and reviewers wasted little time in heaping praise on the much-anticipated book destined for the bestseller list.

Texas Instruments posted a decline in quarterly revenue and earnings on Monday and said economic uncertainty would continue to hurt its fourth quarter results in almost every major market segment.

Netflix Inc warned of continued steep declines in DVD subscribers this quarter and said a costly expansion into Britain and Ireland would push it into the red in the first quarter, walloping its shares.

James Murdoch, the presumed heir to the News Corp media empire, suffered a sharp rebuke from shareholders, with nearly 35 percent of its investors voting against his reelection to the board.

Chemicals maker Albemarle Corp on Monday reported a higher-than-expected quarterly profit on strong sales of catalysts used by petroleum refiners.

Another round of quantitative easing is a possible option for the central bank as it attempts to boost the slow U.S. economic recovery, one of the most influential Fed officials said on Monday.

The U.S. government is making it easier for small businesses to beef up defenses against cyber criminals through a free, online tool, the top U.S. communications regulator said on Monday.

German lawmakers flexed their muscles to secure a full parliamentary vote Wednesday on euro zone crisis measures negotiated by Chancellor Angela Merkel and her euro zone peers, a move senior politicians said would give Merkel a stronger mandate.

Assassin's Creed character, Ezio Auditore, is the new guest character in Soul Calibur V.

A new analysis by ABI Research shows that Android phones are downloading more apps than Apple phones. However, the numbers also indicate that Android cellphones outnumber iPhones by a 2.4 to 1 ratio.

Hacktivist group Anonymous has announced that it will be targeting web host Freedom Hosting, which it is accusing of knowingly hosting child pornography sites in an exercise it has dubbed Operation Darknet.

It may be hard to believe, but it's already been a decade since the iPod came on the scene. With the ubiquity of today's Apple devices, it's hard to remember a time when the company was mainly known for its desktop computers. Yet, when the iPod was first introduced in October of 2001, it was one of Apple's first forays into the as-yet relatively unexplored area of personal digital devices.

Although all members were re-elected to News Corporation's board of directors Friday, many directors received substantial numbers of no votes.

Stocks rose on Monday, as a flurry of merger activity and strong earnings from Caterpillar boosted investor sentiment and kept the three-week rally intact.

Ndamukong Suh is called dirty because of hit, possible taunt of Matt Ryan

WikiLeaks will have to stop publishing secret cables and devote itself to fund-raising if it is unable to end a financial blockade by U.S. firms such as Visa and MasterCard by the end of the year, founder Julian Assange said on Monday.

Six districts outside of Bangkok are being evacuated as floods threaten the economic center of Thailand.

Jack the Cat has been missing for two months now, since he escaped from his carrier in the American Airlines baggage area at John F. Kennedy International Airport. But his owner and her thousands of online supporters aren't giving up hope, as Saturday was dubbed Jack the Cat Awareness Day at the airport.

At a recent press conference, 2012 GOP presidential candidate Michele Bachmann called regulating late-term abortions a state issue. The video of her remarks is online, but she now says she never made them.

Apple is lowering prices. Why?

Caterpillar Inc muscled through murky economic conditions with a surprising 44 percent jump in quarterly profit, and forecast strong demand through next year in a sign of optimism for the global economy.

Toymaker Mattel Inc said it will buy HIT Entertainment for $680 million in an all-cash deal to own intellectual property and marketing rights for pre-school toy brands.

A proposed refinery, a petrochemical joint venture between China's CNPC, Royal Dutch Shell Plc and Qatar, this week signed a framework deal with local authorities in eastern China's Zhejiang province where the mega project will be built.

Even before he was elected, some on the right have questioned President Barack Obama's place of birth. Will Rick Perry's recent comments bring the issue back to the forefront?

Want to reduce stress and improve mental focus? A new app that promotes slow breathing may help.

Think your apartment is small? Check out these tiny rooms and capsules that make a dorm room look like the Taj Mahal.

Oracle Corp struck a deal to buy online customer service company RightNow Technologies Inc for about $1.5 billion, sparking speculation of bids for other so-called cloud technology companies that deliver software, data and computing power over the Internet.