IBT Staff Reporter

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Auto union membership up first time in 6 years

United Auto Workers membership rose for the first time in six years in 2010, helped by a recovering U.S. auto industry and expanding to include workers outside that industry, the UAW said in a federal filing on Thursday.

Watch Katy Perry's music video for E.T.

While Katy Perry's video for E.T. featuring Kanye West won't premiere until Thursday night on television, the pop star already posted a link to the video online via her Twitter account.

Pictures, letters of King assassin shown in online museum

A Memphis county official has opened an online museum of case files, personal correspondence and little-seen black-and-white images chronicling the jail time of James Earl Ray, who killed civil rights leader Martin Luther King Jr. 43 years ago this Monday.

Decommissioning Damaged Reactors Won't Be Easy

Even as Tokyo Electric Power Company acknowledged that it will decommission four of the six nuclear reactors at the Fukushima Daiichi nuclear plant, there is still the problem of a massive cleanup.

Businesses, lawmakers urge CFTC to tap the brakes

The U.S. futures regulator must swallow its pride and ask Congress for a delay in implementing derivatives regulations, some lawmakers and businesses said on Thursday as they criticized the agency for moving too fast.

Berkshire's Sokol defends self, lawyers get calls

Former Berkshire Hathaway executive David Sokol on Thursday said he has invested in companies he then recommended for acquisition in the past, a day after Berkshire disclosed Sokol pushed Lubrizol Corp to Warren Buffett after investing in it.

Fed, forced by court, releases lending details

The Federal Reserve on Thursday released the names of banks that borrowed from its main emergency lending facility during the financial crisis after having run out of legal appeals to block publication.

Wall Street flat as Friday payrolls data eyed

U.S. stocks edged higher on Thursday as a modest reading on jobless claims failed to topple upbeat expectations about Friday's U.S. payrolls report for March as the quarter quietly draws to a close.

Spurs face defensive crisis ahead of Real Madrid clash

Spurs manager Harry Redknapp faces an injury crisis for the crunch Champions League quarter-final tie against Real Madrid, and could be left with only two fit central defenders against one of the strongest attacks in world football.

AIG reorganizes its biggest unit

American International Group reorganized Chartis, its largest unit, and named Peter Hancock as head of the property and casualty division.

ECB curveball overshadows Ireland's grand plan

The European Central Bank will not unveil medium-term funding support for Irish banks on Thursday, sources told Reuters, spoiling Ireland's grand plan for nailing its banking crisis before it is even unveiled.

Ford tops in auto customer loyalty: Polk

Ford Motor Co was the top automaker in 2010 as measured by U.S. customer loyalty, overtaking General Motors Co , the 2009 leader, market consultancy Polk said on Thursday.

Wall Street flat toward quarter end

U.S. stocks were little changed on Thursday as a middling reading on jobless claims failed to dent expectations about Friday's U.S. payrolls report for March as the quarter quietly draws to a close.

Oil rises, set for big Q1 gains on supply worries

Oil prices rose on Thursday on the last day of the quarter, with Brent heading for its second biggest quarterly rise as Middle East protests and unrest and Libya's conflict kept threats to supply in focus.

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