IBT Staff Reporter

Lack of board oversight during the News of the World phone-hacking scandal and excessive compensation are cited as reasons by advisory firms to reinvent board of directors.

Netflix Inc reversed an unpopular decision to put its DVD video rental business on a separate website and rename it Qwikster, saying both DVD and online streaming services will stay on the same website.

Facebook released its long-awaited iPad app on Monday and introduced support for social games on the mobile versions of its online service.

Less than a month after renaming its physical DVD service Qwikster and separating it from the core Netflix brand, Netflix has reversed course, announcing that both the streaming and DVD services will operate from the Netflix website.

Netflix Inc Chief Executive Reed Hastings reversed an unpopular decision to separate his company's DVD rental business and online video streaming service, sending the stock up 7 percent in early trading.

Smokers tend to suffer heart attacks years earlier than non-smokers, suggests a new study from Michigan.

More than a hundred people from 24 states have been confirmed as infected with the deadly Listeria monocytogenes bacteria linked to Colorado-grown cantaloupes, the U.S. Centers for Disease Control and Prevention said Friday.

U.S. stocks rose more than 2 percent on Monday, boosted by a pledge by German and French leaders to tackle the euro-zone debt crisis.

The stock market is riding a wave of renewed optimism and investors looking for a reason other than Europe to keep buying may find it in earnings.

Innkeepers USA Trust is in talks to resolve litigation over the collapse of a planned $1.12 billion asset sale to Cerberus Capital Management and Chatham Lodging Trust .

A fan who threw a hot dog at Tiger Woods and missed during Sunday's final round of the Frys.com Open was arrested by local police, officials said.

Trainer Kim Lyons already had a decade of fitness experience behind her but she says the lessons she learned while working on a reality TV show shaped her professional philosophy.

For all that he achieved in his life in terms of his public image, Steve Jobs was famously not a public philanthropist, unlike his equally titanic tech rival, Microsoft’s former head Bill Gates.

A celebration of Steve Jobs' life by Apple Inc will be held next week, Chief Executive Tim Cook said in a memo to employees on Monday.

Winless on the PGA Tour this season, three-times major champion Ernie Els was once again left to rue erratic putting after he tied for fourth at the Frys.com Open Sunday.

Two Americans, Thomas Sargent and Christopher Sims, both 68, have won the Sveriges Riksbank Prize in Economic Sciences for their empirical research on cause and effect in the macroeconomy, the prize committee said on Monday.

Netflix Inc Chief Executive Reed Hastings reversed an unpopular decision to separate his company's DVD rental business and online video streaming service, sending the stock up 7 percent in early trading.

When it came time for Cassidy Rumble to choose a college, she had a range of options thanks to great SAT scores, a solid grade point average and a stellar volunteer resume.

California will continue offering filmmakers a 25 percent tax credit under a program Gov. Jerry Brown extended on Sunday.

The Canadian government was considering its options on Monday but made it clear that a strike at Air Canada would not be tolerated after flight attendants at the country's biggest carrier issued a 72-hour strike notice.

Sprint Nextel shares (S.N) fell 8 percent on Monday as analysts slashed their forecasts for the No. 3 U.S. mobile operator, which said last week that would have to raise new capital.

The European Union postponed a crucial summit to allow time for a broader solution to Greece's debt crisis on Monday after Athens said it had concluded talks with international lenders on an aid payment it needs to hold off default.

Two entries in the Academy's Best Foreign-Language Film category are among the five Best Feature Film nominees at the 2011 Asia Pacific Screen Awards, which announced its nominees on Monday.

Minors in the state of California will no longer be allowed to use tanning beds after Governor Jerry Brown signed a bill on Sunday prohibiting anyone under the age of 18 from using ultraviolet tanning devices.

In the final weeks of his life, Michael Jackson slept with a toy doll on his bed, was so heavily drugged that he sometimes slurred his speech and his big comeback tour was plagued with problems.

Hedge funds took in $6.1 billion in August as the industry outperformed slumping markets, according to data released on Monday.

United Auto Workers President Bob King told Chrysler plant union leaders on Monday that he hoped for an agreement on a new four-year contract by Wednesday, said a source familiar with his comments.

India will let cellular carriers share airwaves and allow for consolidation in a crowded industry that has been battered by ferocious competition as well as a licensing scandal that may have cost New Delhi up to $39 billion in lost revenue.

California teens are no longer allowed to use tanning beds after Gov. Jerry Brown signed a bill on Sunday prohibiting anyone under the age of 18 from using ultraviolet tanning devices.