IBT Staff Reporter

New York prosecutors are widening their investigation into the manner in which Goldman Sachs marketed certain mortgage-linked securities before the financial crisis, the Wall Street Journal reported, citing people familiar with the matter.

Comedian Eddie Murphy, whose movies range from Beverly Hills Cop to voicing the smart-mouthed donkey in Shrek, has been picked to host the Academy Awards in February for the first time in his career.

Prime Minister Manmohan Singh and his Bangladeshi counterpart Sheikh Hasina signed a series of agreements in Dhaka on Tuesday, but failed to resolve their main disputes, over transit rights for India and the sharing of river waters, officials said.

Starbucks Corp plans to triple the number of coffee outlets it runs in China over the next four years, the Associated Press reported.

Ratings agency Standard & Poor's officials privately met with large bond investors weeks before the firm's U.S. debt downgrade, leaving some believing the chance of a rating downgrade was higher than they had previously thought, the Wall Street Journal said.

Ratings agency Standard & Poor's officials privately met with large bond investors weeks before the firm's U.S. debt downgrade, leaving some believing the chance of a rating downgrade was higher than they had previously thought, the Wall Street Journal said.

Yahoo Inc said on Tuesday it has removed CEO Carol Bartz and replaced her on an interim basis with Chief Financial Officer Tim Morse, ending a rocky two-year run marked by stagnating growth and a bitter rift with Chinese partner Alibaba.

NASA's Lunar Reconnaissance Orbiter (LRO) captured the sharpest images ever taken from space of the Apollo 12, 14 and 17 landing sites. The pictures show the tacks and debris left by astronauts and their lunar rovers on the moon's surface in the 1960's and 1970's.

Mexico has breached an international human rights charter by bringing terror charges against two social media users who wrongly reported an armed attack on a local school, a lawyer for the accused said.

VeriFone Systems Inc posted better-than-expected quarterly results and raised its full-year outlook as it ropes in more customers for mobile payment technologies.

Groupon has put its IPO on hold for at least a few weeks, hoping to ride out global market turmoil while dealing with regulators' questions surrounding its highly anticipated public float, two sources with knowledge of the deal said.

Hedge funds, betting on global markets and driven by computer models, were among those hardest hit by Switzerland's shock intervention on Tuesday to reverse profitable bets on the Swiss franc's safe-haven status.

Yahoo Inc Chief Executive Carol Bartz was fired by the company's board, sources familiar with situation told Reuters on Tuesday.

Penguins captain Sidney Crosby is expected to discuss the likely timing of his return from concussion at a news conference in Pittsburgh on Wednesday.

Michael Jackson's former doctor faces a tough challenge clearing himself of involuntary manslaughter charges in the pop star's death as his trial, which promises to avoid many dark aspects of Jackson's life, begins with jury selection due this week.

Ontario's governing Liberals have narrowed what was a yawning gap with their main rivals ahead of October's provincial election, giving them momentum as the campaign officially starts.

Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous two-year tenure marked by stagnating growth and a rift with Chinese partner Alibaba.

Rogers Communications is applying to Canadian authorities to open its own banking unit, enabling the telecommunications company to offer its own credit cards.

ConocoPhillips will divulge more details on Wednesday about its plan to split in two and analysts say the focus will likely be on its chemical joint venture, Canadian oil sands assets and pipelines.

Sprint Nextel sued to stop AT&T Inc's $39 billion purchase of T-Mobile USA, staking out its own private antitrust claims alongside the government's challenge to the deal.

Bank of America Corp said its consumer banking chief, Joe Price, and wealth management head, Sallie Krawcheck, will leave the company as part of a broad management reorganization.

EBay Inc hired former Thomson Reuters Corp executive Devin Wenig as president of its global marketplaces unit, the online commerce and auction site's largest division.

If Dr. Gregory House, M.D. got put to work figuring out what doesn't quite gel about actor Hugh Laurie's debut album, Let Them Talk, he'd run through a checklist trying to get at the core malady.

The family of Amy Winehouse will give their first major television interview since the British singer's death in June to American journalist Anderson Cooper for the September 12 launch of his new TV program.

Buddy Holly never lived to see his 23rd birthday, but that isn't stopping anyone from celebrating his 75th this week, with the rather belated installation of a star on Hollywood Boulevard and the release of yet another all-star tribute. Maybe now he'll finally be recognized by the youth of America for something other than stealing Elvis Costello's look, right?

Former Marvel executive Doug Finberg has joined MGM as executive VP of marketing, the studio announced Tuesday.

George Strait named his 39th studio album Here for a Good Time, after the hit single that preceded it. But, oddly enough for a collection with that title, it's the bad times that work best.

Black box computer hedge funds and managers who bet on global markets were likely among those hardest hit by Switzerland's shock intervention on Tuesday to reverse profitable bets on the Swiss franc's safe haven status.

Darden Restaurants Inc (DRI.N), parent of Red Lobster and Olive Garden, warned that Hurricane Irene dented earnings in its fiscal first quarter, and its shares fell almost 5 percent in after-hours trading.