IBT Staff Reporter

A Walt Disney Co employee and her boyfriend have been charged with trying to sell insider information to over 30 hedge funds, including a tip Disney was in advanced talks to sell its struggling ABC television network -- which Disney said was false.

Penguin books said on Wednesday it reached a deal with Amazon.com to again sell its new titles for Amazon's Kindle e-book reader in another step in book publishers' ongoing efforts to find profitable pricing models for e-books.

Media conglomerate Tribune Co plans to pay top managers $16.2 million in bonuses and incentives when it exits bankruptcy under its plan of reorganization, according to court documents.

Gold has exploded recently, making new highs against every major currency in the world.

Securities regulators proposed improving market surveillance on Wednesday by tracking stock orders across all U.S. equity markets in real time.

In the depths of what United Parcel Service calls its Primary Matrix, not a soul stands alongside the intricate grid of belts 155 miles long conveying more than a million packages into and out of the hub here daily.

A Walt Disney Co employee and her boyfriend have been charged with trying to sell insider information to over 30 hedge funds, including a tip that the media and consumer giant was in advanced talks to sell its struggling ABC TV network.

Honda Motor Co was forced to shut all four of its Chinese auto assembly plants after workers at its parts factory in southern China walked off the job, demanding a wage hike

One in six American mobile phone users have been shocked by surprise fees and charges in their monthly bills, according to a survey that regulators said highlights the need for more transparency by wireless companies.

American International Group Chief Executive Robert Benmosche said on Wednesday that after the bailed-out insurer repays the government it will no longer be too big to fail.

Japan's Toyota Motor Corp and Germany's Daimler AG plan extensive cooperation in the field of fuel cells for electric cars,

Germany's Economics Minister warned on Tuesday a decision over state aid for Opel, affecting thousands of jobs, could take until early June

The European community is going through a period of market turmoil, but is unlikely to plunge into a double dip recession, Carlos Ghosn, chief executive of Nissan Motor Co and Renault said on Tuesday.

Honda Motor Co is interested to develop electric car batteries in China to tap the country's technology and vast resources.

Wall Street rose on Wednesday as investors scooped up shares battered in the recent correction and data showed new home sales climbed to their highest level in almost two years.

Retirement savers who have spent the month of May watching their portfolios steadily drop can look on the bright side, at least a little bit: Declining stock prices offer them an opportunity to convert their traditional Individual Retirement Accounts into Roth IRAs, without getting too beat up by the tax man.

NEW YORK (Reuters Health) - Helping kids with autism learn how to communicate doesn't improve their symptoms, British researchers reported at an international meeting on the developmental disorder.

Toll Brothers Inc reported a smaller quarterly loss and sharply higher orders, saying consumer demand has finally begun to pick up, and the luxury homebuilder's shares rose 3 percent.

Stocks rose on Wednesday as investors bought shares of beaten-down companies following recent losses, and after new home sales rose last month to their highest in almost two years.

Some of Wall Street's biggest names said they are frightened and worried by the debt crisis in Europe, but still do not expect a double-dip recession in the United States.

Stocks rose on Wednesday as investors snapped up shares of beaten-down companies following recent losses, and after new home sales rose last month to their highest in almost two years.

Bailed-out insurance giant American International Group has slashed its exposure to credit derivatives by nearly two-thirds under government ownership, but a full recovery for taxpayers remains uncertain, a senior U.S. Treasury official said on Wednesday.

Sales of newly built single-family homes rose in April to their highest level in nearly two years, as buyers benefited from a popular government tax credit.

Comcast Corp's top financial executive said on Wednesday that U.S. regulators' plans to tighten control over the broadband market could curb private investment in the sector.

British Airways said it would resume talks with the union of striking cabin crew later on Wednesday in an attempt to avert further industrial action.

Stocks rose on Wednesday, a day after markets clawed back from a steep sell-off and as Treasury Secretary Timothy Geithner flew to Europe to press for united action to tackle the region's deepening debt crisis.

Josephine Jimenez has a chunk of money to invest and she is hunting for opportunities in the usual places -- Zimbabwe, Tunisia, Sri Lanka, among others. Jimenez is a specialist in so-called frontier markets. She stacked up a million air miles long ago.

New orders for long-lasting U.S. manufactured goods rose more than expected in April, boosted by bookings for expensive aircraft, government data showed on Wednesday, but fell for the first time in three months excluding transportation.

New U.S. home sales surged to their highest level in nearly two years in April, while orders for long-lasting manufactured goods rose sharply, pointing to resilience in the economic recovery amid the debt turmoil in Europe.