IBT Staff Reporter

Euro zone finance ministers and the International Monetary Fund have approved the payment of the next tranche of financial support to Greece, a senior euro zone source told Reuters on Friday.

U.S. regulators on Friday approved BP's new exploration plan, moving the company closer to drilling new wells in the lucrative deep waters of the Gulf of Mexico a year and a half after the biggest offshore oil disaster in U.S. history.

The end of a drilling ban in New York was meant to be a new dawn for energy companies. After years of waiting, they would finally be able to exploit the richest deposit of natural gas in the country. But as companies delve into new regulations for drilling in New York, they're discovering a bitter reality: half the land they had leased for drilling may now be out of bounds.

The end of a drilling ban in New York was meant to be a new dawn for energy companies. After years of waiting, they would finally be able to exploit the richest deposit of natural gas in the country.

Michele Bachmann's entire presidential campaign staff in New Hampshire has quit, in the latest in a string of personnel losses. Can she rebound?

Stocks rose to their highest levels in more than two months on Friday in anticipation of a weekend European Union debt-crisis summit that could potentially remove a major cloud from markets.

General Electric Co reported earnings that met Wall Street expectations, but its shares slipped 1.4 percent as investors worried about declining profit margins at its energy equipment division.

News Corp is bracing itself for a dramatic showdown with shareholders and new revelations of surveillance tactics by some of its UK journalists at its annual meeting in Los Angeles on Friday.

Libya's National Oil Corporation has summoned Russia's Gazprom to a meeting in Tripoli to discuss what the Libyans said was a breach of investment obligations -- the first sign the new leaders are prepared to renegotiate Gaddafi-era contracts.

For the small club of companies who trade the food, fuels and metals that keep the world running, the last decade has been sensational. Driven by the rise of Brazil, China, India and other fast-growing economies, the global commodities boom has turbocharged profits at the world's biggest trading houses.

If your search for television jobs is looking bleak, it may not be your industry's fault.

I Kissed a Vampire is moving from the computer screen to the big screen.

Cinematographer Denny Hall, who had worked on TV productions since the late 1980s, died Thursday morning in New Orleans, after suffering a heart attack while on location for the upcoming USA Network drama Common Law.

British singer Robbie Williams, who signed one of the world's biggest music deals with EMI in 2002, is to release his ninth studio album with Universal Music, the world's largest music company, next year.

Warner Bros. and Bradley Cooper are in talks for the actor to star in the studio's big screen version of The Man From U.N.C.L.E., TheWrap has confirmed.

Verizon Communications Inc wireless subscriber growth was slower than expected in the quarter before the latest Apple Inc iPhone launch, but was still ahead of its biggest rival.

Noble Energy reported a quarterly profit that topped Wall Street expectations, helped by higher-than-expected production and prices.

Carl Icahn wants Navistar to consider merging with rival Oshkosh, though he has not yet made a formal proposal to either company.

U.S. stocks rose to their highest in more than two months on Friday before a weekend European Union debt-crisis summit that could potentially remove a major headwind for markets and allow investors to focus on corporate results.

What advice does Research in Motion have for BlackBerry users unhappy with their device? Buy a new BlackBerry.

Saab moved closer to collapse on Friday after a planned rescue by Chinese investors was thrown into doubt and a court-appointed administrator moved to lift the Swedish carmaker's protection from bankruptcy claims.

Anthony Bologna, the NYPD deputy inspector who was caught on video pepper-spraying three Occupy Wall Street protesters with no apparent provocation, will face a slap-on-the-wrist punishment: 10 days' lost vacation time and two weeks' lost pay.

Strong demand from Brazil, Russia and China drove General Electric Co profit up 18 percent in the third quarter despite sluggish economies in the United States and Western Europe.

McDonald's Corp reported a higher-than-expected quarterly profit as new menu items and renovations helped lift sales at established restaurants around the world in September, and its shares rose nearly 3 percent.

McDonald's Corp reported a higher-than-expected quarterly profit as new menu items and renovations helped lift sales at established restaurants around the world in September, and its shares rose nearly 3 percent.

EU antitrust regulators are investigating agreements between Johnson & Johnson and Novartis over concerns they may have delayed the entry of a generic version of a powerful painkiller on to the Dutch market.

General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.

Siri will let anyone make calls or send text messages and e-mails from a locked iPhone 4S, even without knowing the passcode, Macworld reports.

Investors in the world's biggest oil companies are expected to look beyond the bumper profits the groups will announce next week on the back of higher oil prices, and seek clues on how the companies can maintain income growth as crude stabilizes.