IBT Staff Reporter

The Greek government began a race for parliamentary approval of a stepped-up austerity package vital to keep the debt-laden euro zone state afloat and buy time for Europe to approve new rescue measures.

Top heavyweights from the $1.3 trillion exchange-traded fund industry are bracing themselves for a shift in how their fast-growing but relatively opaque products are marketed, distributed and regulated.

Warren Buffett's conglomerate Berkshire Hathaway will launch a share buyback program, an unprecedented move from Buffett that comes after months of investor complaints that the stock is undervalued.

Three hedge funds run by New York financier and philanthropist Ezra Merkin won dismissal of civil lawsuits accusing them of being part of swindler Bernard Madoff's massive fraud.

Stocks rose on Monday as sentiment swung toward hope that European officials would find a way to cut Greece's debt and shore up European banks.

U.S. stocks have had a such a miserable quarter that investors might just have to buy a whole load of them this week.

A host of cases have come to the National Labor Relations Board over whether employers fairly terminate employees for Facebook, Twitter and other social media posts.

Two top Federal Reserve officials on Monday defended the central bank's most recent effort to boost growth, and one suggested further steps may be justified.

The Dow and S&P 500 rose on Monday on optimism euro zone officials would develop plans to slash Greece's debt and shore up European banks, but tech stocks fell on a report Apple Inc was cutting back on some key orders.

Fans mourn the last bullfight in Catalonia at La Monumental bullring in Central Barcelona after the killing of bulls for sport was banned.

Boeing Co workers hand-delivered -- literally -- the company's first 787 Dreamliner in the pouring rain on Monday to All Nippon Airways <9202.T>, capping nearly a decade of development of the world's most advanced jetliner.

Nearly a year after launching ambitious reform plans, the top cop for U.S. futures markets, Gary Gensler, is beset by dissent from inside his agency and political attacks from outside it.

Billionaire Barry Diller's IAC/InterActiveCorp named Chelsea Clinton to its board, the U.S. online media holding company said in a regulatory filing on Monday.

Regulators disclosed they may take action against Standard & Poor's for securities law violations after the ratings agency gave top grades to a package of securitized mortgages in 2007 that quickly soured.

Forty-two countries are close to agreeing an upgrade of their Global Procurement Agreement , a reform that could unlock tens of billions of dollars of commercial opportunities, and many times more if China gets on board, trade sources said on Monday.

The Philadelphia Flyers and New York Rangers will take their rivalry outside as the two teams are set to clash in the 2012 Winter Classic, the National Hockey League (NHL) said on Monday.

T-Mobile USA plans next month to launch two smartphones that double the speed of its wireless data service in the hope of attracting new customers to the No. 4 U.S. mobile provider.

Verizon Wireless has called on Apple to stop opposing the Galaxy line of Samsung electronic devices, saying that continuing to do so will harm efforts to roll out 4G technology.

European Union lawmakers want to change how globally agreed bank capital rules will be applied in the 27-nation bloc, a move that risks a backlash in the United States.

Although Pan Am has been resurrected in ABC’s new television series, the former king of the skies is one of many defunct airlines that have graced North American airspace. Here's a look at some of the great - and not so great - airlines of the past.

Stocks rose on Monday as sentiment swung in favor of hope that European officials would find a way to cut Greece's debt and shore up European banks.

Apple Inc shares pared some of its losses after it fell over 3 percent in early trading on Monday following an analyst report that said the company was cutting orders from suppliers of parts for its iPad tablet.

Canada's energy minister shot back on Friday at Hollywood celebrities protesting a plan to build a $7 billion oil pipeline to Texas from Alberta in the first public indication that the protests are getting under Ottawa's skin.

Blogging platform Tumblr raised $85 million in a venture capital funding round led by Greylock Partners and Insight Venture Partners, plus the Chernin Group and Sir Richard Branson.

Goldman Sachs Group Inc.'s board of directors has won the dismissal of a lawsuit seeking to recover billions of dollars of bonus payouts and other compensation awarded for 2009.

Sales and prices of new single-family U.S. homes fell in August despite historically low mortgage rates, underscoring the difficulties policymakers face in efforts to boost the moribund housing sector.

Two top Federal Reserve officials on Monday defended the central bank's most recent effort to boost growth, with one suggesting further steps may be justified.

The top two UBS executives on Monday told U.S. brokers that the sudden departure of group chief executive Oswald Grubel will not lead to a sale of the unit.

More Chinese police should use microblogs to give the public correct facts and release authorized information to dispel misunderstandings, the Ministry of Public Security said on Monday, in a new effort to counter critics of the government.