IBT Staff Reporter

General Motors Co expects to report solid operating results for the first quarter, which will show progress toward its goal of returning to profitability in 2010, Chief Executive Ed Whitacre said on Monday.

Morgan Stanley Chief Executive James Gorman was not satisfied with his firm's financial performance in 2009 and believes it is time the firm begins carrying out its business plan after a make-over of key businesses.

U.S. stocks advanced on Monday after European leaders agreed to an emergency aid plan for Greece and ahead of quarterly results from Alcoa Inc, which marks the unofficial start to earnings season.

Peugeot is likely to be next in the sector to look at a merger, the head of Fiat, which has in the past been seen as a possible partner for the French carmaker, said on Monday.

(Reuters) - Deaths of women in and around childbirth have gone down by an average of 35 percent globally, according to a study using new methods, but are surprisingly high in the United States, Canada and Norway.

NEW YORK (Reuters Health) - Although antidepressants are effective in children, they are known to increase suicidal behavior. That increase, however, is not dependent on the specific drug, researchers reported on Monday.

The prominent economists who determine the dates when U.S. recessions begin and end have yet to agree on what seems to be a foregone conclusion on Wall Street: the recession is over.

The global space business grew to $261.6 billion in 2009, expanding 7 percent from 2008 and 40 percent over the past five years at a time when other industries were slammed by recession, according to a report released Monday by the nonprofit Space Foundation.

Creditors of state-owned Dubai World will give their response to the indebted conglomerate's debt restructuring proposal within weeks, one of its main lenders said on Monday.

(Reuters) - The World Health Organization conceded shortcomings on Monday in its handling of the H1N1 swine flu pandemic, including a failure to communicate uncertainties about the new virus as it swept around the globe.

The pace of Chinese bank lending slowed in March, marking an initial victory by Beijing in its campaign to stop the world's third-largest economy from bubbling over.

U.S. stocks advanced on Monday as anticipation of solid first-quarter corporate earnings buoyed sentiment along with an announcement of an emergency aid plan for Greece.

James Gosling, creator of the Java computer language and one of the most prominent employees in Oracle Corp's newly acquired Sun Microsystems, has resigned from Oracle.

Iceland's former prime minister and central bank head and five other former officials acted with gross negligence in failing to prevent a banking collapse in 2008, an official investigation found on Monday.

U.S. stocks inched higher on Monday as a massive emergency aid plan for Greece and anticipation of solid first-quarter corporate earnings lifted sentiment.

Viacom Inc unit Paramount is offering some of its movies preloaded on external computer hard drive devices from Seagate in the first arrangement of its kind.

DynCorp International Inc has accepted a $1.5 billion takeover bid, including the assumption of debt, from private equity firm Cerberus Capital Management LP , the defense contractor said on Monday, sending its shares up 48 percent.

It is too soon to determine when the U.S. recession ended as data showing economic growth resumed are subject to revision, the arbiter of U.S. business cycles said on Monday.

U.S. safety regulators may seek a second penalty against Toyota Motor Corp for knowingly delaying a massive recall over defective accelerator pedals

Chinese carmaker, Geely Automobile Holdings said Volvo, which it is in the process of buying, could break even as early as the fourth quarter, after posting a surprise drop in its own second-half earnings.

It is too soon to determine when the U.S. recession ended, the arbiter of U.S. business cycles said on Monday.

U.S. bank regulator Sheila Bair defended her agency's move to clamp down on excessive banker pay on Monday , saying the stability of the financial system is at stake.

Alcoa Inc is expected to report a small quarterly profit next week but Wall Street is unconvinced the company can post higher numbers with the price of aluminum only slowly inching up from the recession.

Markets saluted a euro zone deal on a huge standby rescue package for Greece, slashing the debt-laden country's borrowing costs and buying its stocks and bonds on Monday as fears of a near-term default evaporated.

A group of Tribune Co lenders on Monday labeled the U.S. newspaper publisher's proposed plan to exit bankruptcy unfair and said they deserve the right to propose an alternative.

MasterCard Inc named Chief Operating Officer Ajay Banga as chief executive officer in the culmination of a plan laid 10 months ago to ensure its leadership succession.

Tribune Co lenders on Monday labeled the U.S. newspaper publisher's proposed plan to exit bankruptcy unfair and said they deserve the right to propose an alternative.

U.S. stocks were slightly higher on Monday as euro zone finance ministers approved a massive emergency aid plan for debt-plagued Greece, removing

Airbus parent EADS has not decided whether to challenge Boeing for a deal worth up to $50 billion to sell air tankers to the United States but would not do so at a loss, its chief executive said on Monday.