IBT Staff Reporter

The administrators of Lehman Brothers' U.K. unit are objecting to a plan by the collapsed U.S. investment bank to create an asset manager that would continue to oversee its illiquid assets post-bankruptcy.

A French company is recalling a brand of breast implants which may have been used on thousands of Australian women.

For over a decade, New York state has papered over budget deficits and over-spending by shuffling money among accounts, siphoning cash from dedicated funds and abusing temporary loans, according to a report released on Monday.

New figures showing hundreds of ambulances were turned away from Melbourne hospitals in a three-month period last year mean the Victorian government has put lives at risk, the state opposition says.

Microsoft Corp is set to announce its long-awaited Project Pink phones early next week, sources familiar with the matter said on Monday, as the world's largest software company attempts to gain traction in the growing market for young smartphone users.

China - In Linlou village, Henan, a grandmother Zhang Ruifang,101 began developing a mysterious protusion on her forehead that looks like a horn last year.

Apple Inc is set to host an event on Thursday to show off the newest operating system software for the iPhone, as the company prepares for a widely expected launch of its next-generation smartphone later this year.

Billionaire New York real estate developer Sheldon Solow has dropped his lawsuit accusing insurer Conseco Inc of fraud over the $1.4 billion auction in 2003 of the General Motors Building in midtown Manhattan.

The Aussie dollar opens this morning slightly above the 92 cent level buoyed by optimism of a continued recovery in global economic growth following upbeat U.S economic data in the form of increasing employment.

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.

The services sector grew at its fastest pace in nearly four years in March and future home sales unexpectedly rose in February bolstering hopes for sustainable economic recovery and job growth.

Banning traders from placing their servers close to an exchange's trading system would not solve anything, a top securities regulator said on Monday.

U.S. stocks rose on Monday, pushing the Dow up near the 11,000 level, as signs of a turnaround in the U.S. labor market bolstered hopes the economy is strengthening and the profit outlook is brightening.

U.S. stocks rose on Monday, pushing the Dow near the 11,000 level, as signs of a turnaround in the U.S. labor market bolstered hopes the economy is strengthening and the profit outlook is brightening.

U.S. regulators on Monday proposed fining Toyota Motor Corp the maximum penalty of $16.4 million, saying the company failed to notify the government in a timely way about accelerator pedal flaws that were the subject of a massive recall in January.

(Corrects number of Quora co-founders from four to two)

NEW YORK (Reuters Health) - The flu shot is safe for most kids with egg allergies, a new report in Pediatrics shows.

If you worry that Apple Inc's new iPad will slow down Web surfing on AT&T Inc's mobile network or cause even more dropped cellphone calls, analysts say you should rest easy.

Top retail chains are set to report a jump in March sales, lifted by an early Easter, an improving job market and warm weather, in what may be the strongest sign yet that consumers are shopping again.

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.

NEW YORK (Reuters Health) - If most new mothers could follow medical experts' recommendation to exclusively breastfeed for six months, the U.S. might save $13 billion in healthcare and other costs each year, a study published Monday suggests.

As 2009 came to a close, Fifth Third Bancorp was preparing to report its sixth loss in seven quarters.

The drop in U.S. inflation since mid-2008 is not just a narrow reflection of housing market weakness but is rather a sign of broad economic slack, economists at the Federal Reserve Bank of San Francisco said Monday.

(In paragraph 35, corrects name of Regions Financial spokesman. Error appeared in previous version of story.)

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan. The president has spoken repeatedly and recently that China's currency must be market-based, White House spokesman Robert Gibbs told reporters. With China on holiday there was no official response from Beijing to a weekend announcement that U.S. Treasury Secretary Timothy Geithner would postpone a report due out...

The dollar retreated from a seven-month high against the yen on Monday as investors booked profits following four days of gains for the U.S. currency. Higher oil and metals prices helped propel the Canadian dollar to a 20-month high against its U.S. counterpart, leaving it within striking distance of parity, while the euro slipped. A holiday-thinned market kept trading volume light, with the UK, most euro zone countries and parts of Asia closed.

French carmaker Renault, its Japanese alliance partner Nissan and Germany's Daimler are likely to announce partnership and cross-shareholding plans as early as Wednesday.

Has anyone ever said to you, If there's anything I can do to help you with your business, let me know? And was your response Thank you.

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.