IBT Staff Reporter

Some of the United States' top bankers descended on a law firm in midtown Manhattan on Thursday to pitch for what could be one of the largest share sales in history -- a secondary offering for bailed out insurer American International Group Inc.

Few diplomatic rituals are more predictable than U.S. presidents prodding Chinese leaders over China's human rights record.

BlackBerry maker Research In Motion said it has given India the means to access its Messenger service and reiterated that no changes could be made to allow monitoring of secure corporate emails.

U.S. jobless claims jumped to their highest level since October while food and energy costs boosted producer prices, pointing to lingering headwinds for an economic recovery that had been showing renewed vigor.

AT&T Inc forecast a $2.7 billion non-cash charge in the fourth quarter due to a pension related accounting change aimed at making its numbers more transparent for investors to understand.

The number of people claiming unemployment benefits continued to rise for the second week, according to a report by the U.S. Labor Department.

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Apple released its iOS 4.3 beta version for iPad, iPhone, iPod touch and Apple TV (2nd Generation), giving a possible preview into the upcoming iPad 2 and iPhone 5 features.

U.S. jobless claims jumped unexpectedly last week to their highest level since October, suggesting the labor market is still in a rut despite signs of improvement in the economy.

U.S. stock index futures pointed to a slightly lower open on Thursday as the number of first-time claims for jobless benefits rose unexpectedly, highlighting the bumpy ride for employment as economic growth picks up.

Spain and Italy staged successful bond sales on Thursday, buying European leaders a little time to come up with a new package of measures to stem the debt crisis rocking their 12-year old single currency bloc.

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Economic growth in the world's wealthier nations is still too slow to create enough jobs for the tens of millions who lost their during the worst global recession since World War Two, the World Bank said on Wednesday.

The new show, 'Off the Map', even though an amalgamation of other medical dramas like 'Private Practice', 'Grey's Anatomy' and 'ER', will have a different setting - the jungles of South Americas - hence making the drama more outdoorsy

Banks will meet in New York City Thursday to make their case for the right to sell the U.S. Treasury's stake in American International Group, three people familiar with the matter said Wednesday.

U.S. stock index futures traded flat on Thursday, coming off a broad rally in the previous session, as investors looked ahead to labor market data and results from Intel, the first major technology company to report earnings.

Spain followed Portugal with a successful debt sale on Thursday and investors showed growing confidence that governments would agree bold new measures to stem the euro zone's debt crisis.

Kohlberg Kravis Roberts & Co is potentially interested in Sara Lee and could possibly partner with an interested party as bidders emerge for the food group, two sources familiar with the situation said on Wednesday.

U.S. stock index futures were little changed on Thursday, coming off a broad rally in the previous session, as investors looked ahead to labor market data and results from Intel, the first major technology company to report.

Microsoft did not launch anything path-breaking at CES 2011, apart from confirming plans to craft its Windows OS specifically for the ARM chip design. However, a slew of tablets running on Windows 7 were launched at the event.

India’s second biggest software services company Infosys Technologies Ltd on Thursday said its attrition rate for the October-December quarter has shot up on an annualized basis, but that it had added 5,311 employees to take its total headcount to 127,779.

India’s second biggest software services company Infosys Technologies Ltd reported a 14 percent rise in its third-quarter net profit missing analysts expectations, sending its shares down by more than 4 percent.

'Human Target' on Fox did not get enough viewership this season and may face the axe

South Korea raised interest rates on Thursday, surprising markets, and unveiled a set of measures to contain mounting inflation as policymakers around the world battle surging prices of food and other commodities.

Industrial production continues to remain below expectations in the U.K., hurt by weakness in the oil and gas extraction sector.

Sarah Palin, Republican known for fiery statements, has landed in another controversy for using blood libel while defending herself against allegations on the Tuscon shooting. The row has shed light on the increasingly caustic political rhetoric.

BlackBerry-maker Research In Motion said on Thursday it had given a solution to India ahead of a January 31 target date for access to consumer services including BlackBerry Messenger, but reiterated that no changes can be made to the security system for corporate emails.

Spending on luxury goods by affluent Americans is forecast to grow by $28 billion in 2010, experts said on Wednesday, and the wealthy are happy despite most believing the United States is still in recession.

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