IBT Staff Reporter

A criminal investigation involving eBay is a game changer that should slow Craigslist's attempts to obtain documents and depositions in a parallel civil case, an eBay lawyer said in court.

Europe must take immediate and decisive action to safeguard its banking system, while the U.S. economy is at stall speed and needs a dose of fiscal stimulus, top bankers and investors said on Thursday.

The jury has reached a verdict in a courtroom battle between Trust Company of the West and former investment chief Jeffrey Gundlach, concluding a six-week trial that has transfixed the financial industry.

Commonwealth Bank of Australia appointed several top executives on Friday, including a key Credit Suisse dealmaker, highlighting its efforts to acquire top talent under its new chief executive.

Troubled euro zone banks probably need more aggressive capital injections to get through turmoil caused by Europe's worsening debt crisis, top investors said at a Bloomberg Markets 50 Summit on Thursday.

It's not just dictators. Governments around the world, many of them popularly elected, have tried for years to control the Internet and social media, dismayed by their potential to incite violence, spread mischief and distribute pornography and dissent.

Breast cancer and cervical cancer kill 625,000 women every year, according to a new study that shows the diseases are on the rise. To put the death toll in perspective, 625,000 deaths a year is equivalent to six jumbo jets crashing every single day.

To see why Bank of America Corp can cut 30,000 jobs from its consumer banking business, just stop by one of the 14,000 new automatic teller machines it has installed over the last three years.

Hewlett-Packard Co and top executives misled investors for months before unveiling a series of major decisions, such as the demise of the TouchPad, that hammered its shares, a shareholder alleged in a proposed class-action lawsuit filed this week.

A former account manager at a semiconductor company who pleaded guilty in the government's campaign against insider trading was sentenced to 18 months in prison on Thursday.

NASA has discovered a planet orbiting two stars about 200 light years from Earth, it announced on Thursday. The circumbinary planet is the first of its kind to be found, and it is bound to pique people's interest because of its resemblance to the planet Tatooine in the Star Wars movies.

Research In Motion reported a sharp drop in quarterly profit on Thursday, hurt by an aging lineup of BlackBerry smartphones that was only refreshed very late in the quarter and tepid sales of its PlayBook tablet computer.

A proposed update of the U.S. online privacy rule for children would revise definitions of personal information and beef up parental consent mechanisms to reflect technological changes.

South Korea was the world's most advanced Internet and telecommunications economy in 2010, with high levels of access, usage and skills, while high-speed Web access remained unaffordable in many low-income countries, the United Nations said on Thursday.

Netflix Inc cut its third-quarter forecast by 1 million U.S. subscribers, sending its shares down nearly 19 percent, as the company known for rapid growth expects more fallout from a price increase on its DVD service.

The websites of several Mexican government ministries, including Defense and Public Security, went offline on Thursday, and a hacker group claimed responsibility.

THE ISSUE: Netflix Inc, one of the most closely-watched momentum stocks, dropped nearly 20 percent on Thursday. Is it time to buy 'bargain' shares in the fast-expanding web video service?

BlackBerry said on Thursday it would work with mobile operators to switch off its popular messenger service if they were ordered by authorities to do so during civil unrest, after police singled out the system as a key tool used in last month's riots.

Research In Motion reported a sharp drop in quarterly profit on Thursday, hurt by an aging lineup of BlackBerry smartphones that was only refreshed very late in the quarter and tepid sales of its PlayBook tablet computer.

Investors pushed stocks higher for a fourth day on Thursday as coordinated central bank action encouraged optimism about dealing with the euro zone debt crisis and its threat to the global recovery.

Stocks rose for a fourth day on Thursday as coordinated central bank action calmed fears that Europe's financial sector was headed for a credit freeze due to the region's sovereign debt crisis.

To see why Bank of America Corp can cut 30,000 jobs from its consumer banking business, just stop by one of the 14,000 new automatic teller machines it has installed over the last three years.

Sarah Palin's husband, Todd Palin, told reporters Thursday that Joe McGinniss's book, The Rogue: Searching for the Real Sarah Palin, is full of disgusting lies, innuendos and smears.

EBay Inc unveiled new PayPal technology to more than a hundred big retailers this week as the e-commerce company tries to take its big online payments business into the physical world.

A proposed update of the U.S. online privacy rule for children would revise definitions of personal information and beef up parental consent mechanisms to reflect technological changes.

Google Inc's Japanese unit will launch an online search service on Friday that will display the prices and availability of products at stores near the shopper's location, the Nikkei business daily reported.

Research In Motion reported a sharp drop in quarterly profit on Thursday, hurt by an aging lineup of BlackBerry smartphones that was only refreshed very late in the quarter and tepid sales of its PlayBook tablet computer, and its shares fell sharply.

Two stores in Queens, New York, accused of peddling unauthorized Apple Inc accessories have agreed to hand over all products in their inventories bearing the word Apple or any of the company's ubiquitous trademarks.

A U.S. judge will allow the bulk of Oracle Corp's copyright infringement claims against Google Inc over the Java programing language, according to a court ruling on Thursday.