IBT Staff Reporter

U.S. asset managers are expected to report higher profits for the March quarter after investors looking to take more risk poured money into stock and bond funds.

Community Health Systems Inc is converting its $3.3 billion bid for Tenet Healthcare Corp to all cash, the hospital operator said, sweetening the offer after questions about its billing practices hit its shares.

As the Libyan inferno continues to elicit China's muted response punctuated by its anti-NATO stand, it has, however, evoked multiple questions about its underlying motivation.

The United Arab Emirates reportedly plans to stop individuals and small businesses from using certain BlackBerry messaging services, but the government says that no customers will be affected.

Oil prices fell more than $2 a barrel on Monday to under $122 a barrel after OPEC ministers said high oil prices could place a major strain on consumer countries, and S&P revised its U.S. outlook to negative.

Barcelona skipper Carles Puyol admitted that he could be out of the Copa Del Rey final against Real Madrid after sustaining a hamstring injury in Saturday's El Classico.

LG Display, the world's No.2 flat-screen maker, is starting to see signs of recovery in depressed TV panel prices as it forecast a return to profitability in the current quarter after reporting its second consecutive quarterly loss.

Sarah Lance, the dance double for Natalie Portman in the Academy Award winning film Black Swan was interviewed on 20/20.

Athens reiterated on Monday it has no plans to restructure its government debt, a move its central bank chief said would be catastrophic, while markets speculated that some form of debt rescheduling was on the cards.

The True Finns, the anti-euro party voted into a powerful role in the Helsinki parliament at the weekend, expect the European Union to change plans for a bailout of Portugal, its leader said on Monday.

U.S. stocks dropped on Monday after ratings agency Standard & Poor's cut its long-term outlook on the United States and another step by China to stem growth reignited worries about the global economy.

Halliburton Co , the world's second-largest oilfield services company, posted better-than-expected first-quarter earnings, lifted by a three-fold jump in profits at its key North American operations.

Synthes said on Monday it was in takeover talks with Johnson & Johnson , after reports the U.S. group is looking to buy the Swiss medical device maker for about $20 billion.

Assessment and cleanup continued in North Carolina on Monday as the state recovered from a tornado outbreak which swept across the state on Saturday in which nearly two dozen people died, dozens of institutions and numerous homes were destroyed or damaged.

Spot Gold jumped to a new all-time high of $1489 per ounce in Asian trade Monday, edging lower as the Dollar rose on the currency market and global equities began the Easter-shortened week with a 0.5% drop.

Halliburton Co , the world's second-largest oilfield services company, posted a first-quarter profit that beat analysts' estimates as oil companies increased spending on new projects to meet growing oil demand worldwide.

Gold stayed above $1480 per ounce in Asian and European trading, and then experienced a sudden spike $15 upwards to new record prices yet again at the beginning of the New York trading session. Prices take support from worries over euro zone debt and inflation in Asia after China opted to raise reserve requirements again.

Tokyo Electric Power Co. unveiled its plan for dealing with the crisis at the Fukushima Daiichi nuclear power plant, the worst nuclear disaster since Chernobyl.

Philips is hiving off its once leading television business, the first step by new chief executive Frans van Houten to boost flagging profit at Europe's biggest consumer electronics maker.

U.S. stocks were poised for a lower open on Monday after China took another step to stem the growth of its economy and worries persisted Greece may need to restructure its debt.

Citigroup Inc's first-quarter profit fell 32 percent, slightly beating expectations, as the bank lost less money on bad loans but struggled to grow its business.

Oil prices fell more than $2 a barrel on Monday to under $122 a barrel after top exporter Saudi Arabia said it had cut output because it lacked buyers, and the dollar strengthened against the euro on eurozone debt fears.

Global auto makers and their Chinese partners are rolling out dedicated local brands and targeting buyers in smaller towns and cities as growth in the world's largest auto market slows from its breakneck pace.

A crucial new phase of Portugal's bailout negotiations began under a cloud on Monday after an anti-euro party in Finland that has vowed to derail the pending rescue scored strong gains in an election.

Nicholas Cage was arrested and charged with domestic abuse and disturbing the peace after an argument in the French Quarter in New Orleans with his wife Alice Kim, according to a report by People.com.

U.S. stock index futures fell on Monday before a raft of corporate earnings, including Citigroup, as investors weigh whether corporate results and outlooks will be hurt by rising commodity costs.

Oil prices fell more than $1 a barrel on Monday to less than $123 after top exporter Saudi Arabia cut output because it lacked buyers.

U.S. stock index futures fell on Monday before a raft of corporate earnings, including Citigroup, while Greek debt concerns continued to cloud the global economic picture.

Citigroup Inc is expected to report a drop in quarterly profit and revenue on Monday, as an uncertain trading environment and weak consumer loan demand hinder its efforts to move past the financial crisis.