IBT Staff Reporter

Airbus parent EADS is poised to bid alone for a U.S. refueling plane deal valued at up to $50 billion after failing to recruit L-3 Communications Holdings or another major company as a key supplier, sources familiar with the matter said.

Wal-Mart Stores Inc CEO Michael Duke received a compensation package worth a bit more than $19 million in the fiscal year ended in January, down sharply from $28.2 million a year earlier when he received a big stock award related to his promotion to CEO.

(Reuters) - A variant of an obesity gene carried by more than a third of the U.S. population also reduces brain volume, raising carriers' risk of Alzheimer's disease, U.S. researchers said on Monday.

Palm Inc shares tumbled on Monday, weighed down by the resignation of the chief of its webOS phone software and signs a sale of the smartphone maker may not come as soon as some anticipate.

Fiat SpA unveils its first strategic plan this week since teaming up with U.S. carmaker Chrysler and CEO Sergio Marchionne could outline a timeframe two years ahead for selling stakes in a combined company.

Management and unions at GM unit Opel are set to sign a deal that would be a milestone for the restructuring of the German carmaker.

According to the Crosby/Textor poll of 800 people across Australia, only 24 per cent adults thought healthy food options were a genuine attempt by fast food outlets to improve the eating habits of customers.

According to an expert, the jury is still out on whether multi-vitamins have any positive or negative effects on a person's risk for developing cancer.

Former Lehman Brothers Holdings Inc Chief Executive Richard Fuld will tell U.S. lawmakers on Tuesday that he was not aware of off-balance-sheet transactions that some have blamed for hiding Lehman's true financial state ahead of its collapse.

According to new study led by a team of North American and European scientists, a new class of drugs called telaprevir which are protease inhibitors significantly improved cure rates and cut down treatment times in people suffering from hepatitis C.

According to the research led by the Aged Care Team at Bankstown-Lidcombe Hospital, Chinese-speaking Australians may smoke and drink less than Australians of English-speaking backgrounds, but they are more likely to suffer from diabetes.

A major Australian study offers new insights into the loss of brain structures and the potential link with Alzheimer's disease.

U.S. stocks fell on Monday as a fraud case against Goldman Sachs weighed on the market for a second day, overshadowing positive Citigroup earnings and upbeat economic data.

Halliburton Co , the second-largest oilfield services company, posted a higher-than expected quarterly profit on strength in North America and said the industry's outlook had improved.

The videoconferencing industry is getting a boost in demand from the disruption to business travel across Europe caused by a volcano in Iceland, Cisco Systems said.

The high U.S. jobless rate and low inflation mean the Federal Reserve will likely keep its near-zero interest-rate policy in place for quite some time, a top Fed official said on Monday.

Russian Internet investment group Digital Sky Technologies, which bought a $300 million stake in Facebook last year, has led a $135 million investment round in Chicago-based social-commerce website Groupon.

Wall Street fell on Monday as a fraud case against Goldman Sachs weighed on the market for a second day, overshadowing positive Citigroup earnings and upbeat economic data.

A gauge of the U.S. economy's prospects rose more strongly than expected to a record high in March, pointing to a steady economic recovery, a private research group said on Monday.

Goldman Sachs Group Inc faced rising regulatory and legal pressure on Monday as allegations that the bank duped clients fueled momentum for regulatory reform on both sides of the Atlantic.

A new publishing company is betting that readers will bypass electronic readers such as Amazon's Kindle and Sony's Reader in favor of reading bite-sized stories on mobile devices they already own.

Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in more than two years, as the global economic recovery lifted the values of its worst assets and allowed the bank to set aside less money to cover credit losses.

Representative Barney Frank said on Monday that securities regulators' fraud case against Goldman Sachs increases the chance that financial reform will pass.

Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in more than two years, as the global economic recovery lifted the values of its worst assets and allowed the bank to set aside less money to cover credit losses.

A gauge of the U.S. economy's prospects rose more strongly than expected to a record high in March, pointing to a steady economic recovery, a private research group said on Monday.

New software by startup company ALGO Technologies offers to cut trade execution time to levels close to the speed of light, giving exchange clients an edge in the high-frequency trading arms race.

New software by start-up company ALGO Technologies offers to cut trade execution time to levels close to the speed of light, giving exchange clients an edge in the high-frequency trading arms race.

Hasbro Inc reported a larger-than-expected quarterly profit, helped by double-digit sales gains in its girls' toys like Littlest Pet Shop and in overseas markets, sending its shares higher.

President Barack Obama will push for his plan to tighten Wall Street regulations in New York on Thursday, the White House said on Monday, as he attempts to overcome solid Republican opposition.