IBT Staff Reporter

In a goal-filled week of Spanish league football, which strike, do you think, is the best of the week?

Confidence will be key to sparking higher growth in the U.S. economy and easing tensions about the financial system that have sparked a global wave of protest, said General Electric Co Chief Executive Jeff Immelt.

Industrial production rose 0.2 percent in September, in line with expectations, as a gain in manufacturing offset a drop in utility output, a Federal Reserve report showed on Monday.

Wall Street stocks were set for a lower open on Monday after the market's best two-week run since 2009 as Germany's finance minister said a forthcoming summit would not yield a definitive solution to Europe's debt crisis.

Hasbro Inc's quarterly results fell short of analysts' expectations, hurt by a dip in sales in its home market just as the second-largest U.S. toy company gears up for the all important holiday shopping season.

Dan Wheldon died on Sunday after a fiery IndyCar crash at the Las Vegas Indy 300.

Lowe's Cos Inc said on Monday it is closing 20 of its U.S. stores, eliminating nearly 2,000 jobs, and the home improvement retailer now plans to open far fewer locations in the future, citing the need to improve its profitability.

Toy maker Hasbro Inc's quarterly results fell short of analysts' expectations as a dip in sales in the company's home market offset strong international growth.

Citigroup Inc reported higher third-quarter earnings on Monday as the bank set aside less money to cover bad loans and recorded an accounting gain banks can take in turbulent markets.

The manslaughter trial of Michael Jackson's doctor has been put on hold for one day due to a death in the family of one prosecution witness, a court official said on Sunday.

Stock index futures fell on Monday after the market's best two-week run since 2009 as Germany's finance minister said a forthcoming summit would not yield a definitive solution to Europe's debt crisis.

DUESSELDORF, Germany/LONDON - - Germany lowered expectations on Monday of a breakthrough in the euro zone's sovereign debt crisis, saying a weekend summit of EU leaders would not produce a definitive solution, in comments that pushed down the euro and European stocks.

Manchester United manager Sir Alex Ferguson has dropped defender Rio Ferdinand from the Champions League tie against Otelul Galati.

Philips Electronics has all but abandoned hope of selling its TV business by the end of the year, leaving a question mark over how quickly it can divest its loss-making problem child.

U.S. stock index futures were little changed on Monday after the market's best two-week run since 2009 as Germany's finance minister said a forthcoming European summit would not yield a definitive solution to the region's debt crisis as many investors had hoped.

BP has accepted a $4 billion payment from partner Anadarko Petroleum toward the Gulf of Mexico oil spill clean-up, far less than it might have won in court, but a deal that could reduce the overall cost of the disaster for the British group.

DUESSELDORF, Germany/LONDON - - Germany lowered expectations of a breakthrough in the euro zone's sovereign debt crisis next weekend, saying Sunday's EU summit will not produce a final solution, and kept up pressure on banks to accept bigger writedowns on Greek debt.

Sixteen-time grand slam winner Roger Federer has been ousted from third spot in the world rankings after Andy Murray claimed a third title in as many weeks in Shanghai.

A cloud of gloom hangs over Brussels ahead of yet another summit to thrash out yet another comprehensive strategy to tackle a sovereign debt crisis that Europe has failed for two years to stem, and that now threatens the world economy.

The chairman of the world's most valuable bank was once a good communist, learning from the peasants in a collectivist commune in Jiangxi province and working to raise coal production as a teenage miner in Henan during the tumult of Mao Zedong's Cultural Revolution.

Shares in Olympus Corp plunged by a quarter on Monday after media reports quoted its ousted chief executive of accusing the board of firing him for probing allegations of improper payments related to acquisitions.

Google Voice has been removed from Apple’s App Store, keeping in mind the application’s propensity to crash, when used on Apple's new operating system - the iOS 5.

BP Plc has accepted a $4 billion payment from Anadarko Petroleum toward the Gulf of Mexico oil spill clean-up, far less than it might have won in court, but a deal that locks its main partner into its share of the blame and any future fines.

LONDON - - Oil giant BP and Anadarko, its partner in the well which caused the Gulf of Mexico oil spill, have agreed a settlement on cleanup costs whereby Andarko will pay BP $4 billion -- less than half the amount it may have been forced to pay in court.

A new mobile app enables travelers to plan trips with a little help from their friends.

The head of Wal-Mart Stores Inc.'s China business has resigned citing personal reasons, after the world's largest retailer ran into trouble with Chinese authorities leading to store closures and employee detentions.

Stock futures pointed to a higher open for equities on Wall Street on Monday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.7 to 0.9 percent.

Apple’s iPhone 4S, which released on Friday instead of an iPhone 5 nudged away most of the speculations developed around it for a while.

IndyCar racing witnessed one of the most tragic events in the sport's history when a crash involving 15 drivers resulted in the death of British driver Dan Wheldon at the Las Vegas Indy 300.