IBT Staff Reporter

Australia: Overnight we saw risk appetite return to the markets after some positive earning results, positive data releases and reports that the bailout agreement for Greece is very close.

Having migraine can be difficult as it interferes with a person's life, family and friends. For many sufferers, the normal over the counter medications just don't work for them. Dr. Lawrence Newman, a director of Headache Institute at St. Luke's Roosevelt Hospital in New York said that migraine is a life-altering condition.

Reinsurer PartnerRe Ltd said estimated insured losses from the explosion of the Deepwater Horizon Drilling Platform in the Gulf of Mexico have the potential to exceed $1 billion.

Delighted at his cyber success, Venezuela's new Twitter convert President Hugo Chavez on Thursday invited Cuba's Fidel Castro and Bolivian President Evo Morales to join the micro-blogging site too.

Language software maker Rosetta Stone Inc's trademark infringement lawsuit against Google Inc has been dismissed by a federal judge.

President Dmitry Medvedev said on Thursday that Russia must move fast to create a home for innovative companies in high-tech industries, pushing a project he hopes can be a showcase of his presidency.

Australian Dollar: The Aussie spent the last 24 hours trading above US92 cents and is supported by our yield advantage after the U.S. Federal Reserve kept interest rates unchanged this week and maintained their oft-repeated mantra to leave interest rates at exceptionally low levels for an extended period of time.

The U.S. wireless industry is pressing a key senator to clear the way for a government study that could accelerate plans to free up airwaves for devices such as smart phones.

JPMorgan Chase & Co will no longer offer independent U.S. tax preparers financing for tax-refund loans, a company spokesman said.

Six more hedge funds joined a lawsuit against Porsche SE over alleged securities fraud and manipulation on Thursday, with the plaintiffs doubling the damages they are seeking to $2 billion.

President Barack Obama on Thursday nominated Janet Yellen, the president of the San Francisco Federal Reserve Bank and a renowned monetary policy dove, to be vice chairman of the U.S. central bank.

Apple Inc Chief Executive Steve Jobs on Thursday sharply criticized Adobe Systems popular Flash multimedia software, calling it unreliable and ill-suited for mobile devices, escalating a pitched battle between the two companies.

Ms. Bak (in late 20s) avoids taking a bus or a subway train for fear of making mistakes because she feels frequent urination.

The Senate opened debate on Wall Street reform on Thursday with an amendment to bar use of taxpayer funds in any future government actions to dismantle financial mega-firms that get into trouble.

U.S. stocks chalked up their best day in nearly two months on Thursday as investors welcomed a string of robust earnings reports, while Greece appeared close to a bailout deal, easing fears about a wider sovereign debt crisis.

(Reuters) - More Americans got vaccinated against influenza in the past season than ever before, but too few people are seeking vaccines, U.S. health experts reported on Thursday.

Delighted at his cyber success, Venezuela's new Twitter convert President Hugo Chavez on Thursday praised the micro-blogging site and invited Cuba's Fidel Castro and Bolivian President Evo Morales to join.

Developing markets were critical for consumer product makers last quarter, as strong sales growth in countries like China helped drive profits while markets such as the United States remained somewhat sluggish.

Goldman Sachs & Co, Citigroup Inc and other high-profile banks must defend against allegations by 15 California cities and counties that they conspired to rig bids for municipal investment contracts and derivatives, a U.S. judge ruled.

It's good to have some commodities in your portfolio, according to a recent academic study slated for publication in the Journal of Investing.

U.S. stocks rose on Thursday as investors welcomed a string of solid earnings reports, while debt-laden Greece appeared to be nearing a bailout deal, easing fears about the stability of the euro zone.

Two Johnson and Johnson subsidiaries agreed to pay more than $81 million to resolve allegations of illegal promotion of the epilepsy drug Topamax, the U.S. Justice Department said on Thursday.

Volkswagen's first-quarter earnings were weighed down by a loss on its stake in iconic sports car maker Porsche AG, VW's finance chief said on Thursday.

Greece readied severe austerity measures on Thursday to secure a multi-billion-euro aid package and avoid debt default, providing relief to financial markets but drawing threats of a mighty battle from unions.

The Obama administration's pay czar said on Thursday that the lure of fat paychecks influenced Goldman Sachs Group Inc's bets against subprime mortgages before the market collapsed during the financial crisis.

Underwriters for Toyota Auto and Ally Master Owner Trust asset-backed offerings on Thursday launched larger-than-expected auto sales at tighter spread levels as investors chased supply, market sources said.

Visa Inc reported a 33 percent increase in second quarter earnings, better than Wall Street expected, as consumer spending rebounded and management said it was increasingly optimistic about the economy.

Aetna Inc posted better-than-expected quarterly profit on improved medical cost trends, and shares of the health insurer rose 2.9 percent amid easing fears about the new U.S. health reform law.

Higher oil prices boosted quarterly profits for Exxon Mobil Corp and ConocoPhillips , but Exxon saw its earnings hurt by recently enacted U.S. health reform legislation.