IBT Staff Reporter

Scientists say that allergy sufferers are less likely to contract cancer than anyone else.

Asian stocks fell to multi-month lows and the euro slipped on Tuesday on fears that Europe's sovereign debt woes will trigger a renewed crisis in the continent's banking sector.

JPMorgan Chase & Co Chief Executive Jamie Dimon is broadly optimistic financial reform is headed in the right direction, he said on Monday at the Japan Society's Annual Dinner in New York.

Australian dads may do less housework and childcare comparing to Australian women but new research shows that Australian dads fare better than fathers in Italy, France and even Denmark.

Japan's Nikkei average fell 2 percent to its lowest in more than five months on Tuesday, as the euro fell further on worries that Europe's woes now included the health of some banks in addition to sovereign debt problems.

Shareholders have sued the board of BP Plc for failing to monitor safety and exposing the company to potentially enormous liability related to the Deepwater spill disaster in the Gulf of Mexico, according to court documents.

Ten people have been cleared of the preliminary blood tests of the potentially fatal Hendra virus following contact with an infected horse on Queensland's Sunshine Coast.

A group of Spanish researchers claimed that they have found a link that suggests the occasional drink keeps the illness at bay especially in women and non-smokers.

The government's push to make BP Plc pay for the massive oil spill in the Gulf of Mexico may have wider repercussions, raising tricky legal debates and possibly making it too costly for some companies to operate offshore.

Growing demand for healthy food has encouraged food manufacturing companies to leverage health and wellness into various products. This is likely to be seen in dairy products such as Danone's Actimel and Unilever's Benecol.

The AUD has opened lower this morning as news out of Europe regarding the financial stability of Spain caused investors to reduce their risky positions as fears about the likelihood global economic recovery persisted.

U.S. representative Barney Frank, a fierce critic of Wall Street and close ally of the Obama administration, will head a House-Senate committee to hammer out a final bill on financial regulation reform.

State governors working to close yawning deficits are again eyeing a tempting target -- the billions of dollars in benefits and wage hikes that public workers won in boom times.

Top Democratic lawmakers said on Monday they will hold a series of meetings starting in June to discuss proposals to revamp the U.S. communications law as regulators set a course on broadband oversight.

The non-partisan Congressional Budget Office on Monday put the cost of the Federal Reserve's emergency support program for the U.S. financial industry during the 2007-2009 crisis at about $21 billion.

The Texas Rangers baseball team filed for Chapter 11 bankruptcy protection on Monday to ease the sale of the team to a group led by team president and Hall of Fame pitcher Nolan Ryan for about $575 million.

The Texas Rangers baseball team filed for Chapter 11 bankruptcy protection on Monday to ease the sale of the team to a group led by team president and Hall of Fame pitcher Nolan Ryan for about $575 million.

Volatility continued yesterday with the Aussie opening at 0.8320, then hitting an intraday low of 0.8184 before bouncing back to 0.8300 – and this was just the first few hours.

As the United States edges closer to issuing a fresh round of sanctions against Iran, foreign investors so far unmoved by international pressure will end up doing business with a Revolutionary Guard that makes even local firms nervous, an analyst warns.

The European debt crisis drew new cries of alarm on Monday as a top White House adviser warned it could slow a global economic recovery, a European Union official sharply critiqued Germany, and investors worried a Spanish bank bailout could signal further distress.

Stocks slid on Monday, driving the Dow to its lowest level since February 10 as fresh signs of Europe's banking problems emerged.

Sales of previously owned U.S. homes touched a five-month high in April amid a late rush to take advantage of a homebuyer tax credit, but a jump in houses on the market pointed to a slow recovery.

Beneath the vibrant and explosive facade of Spain lies a nation erupting with history, heritage and culture. Wild, passionate and charming all at once, it's got character and stylish flair.

Located on 40 acres of high-grass prairie in Marine on St. Croix, Minnesota, and surrounded by more than a hundred acres of meadows, woods, and open fields, the Jackson Meadow residential community.

IBM plans to buy Sterling Commerce from AT&T Inc for about $1.4 billion in cash to expand its portfolio of software for companies in financial services, manufacturing and retail.

Financing for U.S. housing still lacks private capital, a sign of a very sick system, said David Stevens, Federal Housing Administration commissioner, told a Mortgage Bankers Association convention on Monday.

The regulator for Fannie Mae and Freddie Mac said on Monday the U.S. government-controlled mortgage finance giants will launch a standardized method for lenders to submit information on mortgages, including appraisals, by next year.

British Airways flew to the majority of its destinations worldwide on Monday despite the start of a five-day strike by cabin crew, it said, adding no further negotiations with unions were imminent.

U.S. regulators may never know what caused the recent market crash and still have not found evidence trading errors or system malfunctions triggered the brief free fall, top futures markets regulators said on Monday.