IBT Staff Reporter

E*Trade Financial Corp named Steven Freiberg as its new chief executive and said it plans a reverse stock split, betting a former Citigroup Inc executive with consumer experience but a limited online brokerage resume will help it emerge from lending problems.

Obama administration pay czar Kenneth Feinberg plans to review past compensation at 419 companies that received bailout funds, including JPMorgan Chase , Goldman Sachs , according to a source close to the Treasury Department.

Stocks rose on Monday, building on last week's strength, as the passage of a bill overhauling the healthcare system ended much of the uncertainty about the issue for investors.

For fans that crowded into Austin's streets, clubs and even churches last week, the South by Southwest Festival was about drinking a lot of beer, eating barbecue and hearing some of the world's hottest bands.

With the housing sector still on the ropes, the Obama administration on Tuesday will begin to sketch out plans for the market's two biggest financing pillars, Fannie Mae and Freddie Mac.

Activists launched an online video game on Monday to attack leading politicians' support for development of Canada's oil sands, which greens portray as a crime against nature.

* Merkel says no need for EU summit to discuss Greek aid * Greek PM says EU needs mechanism to deter speculators * Juncker sees possible twin-track euro zone/IMF support * Trichet says any help would have to be conditional loan * Euro falls, Greek risk premium leaps amid uncertainty

It is the case of Curious Judge and The Man with the Yellow Hat.

Surgeon, Jayant Patel faced an Australian court on charges ranging from manslaughter to grievous bodily harm relating to his time as a surgeon in Queensland hospital five years ago.

According the first study into Australia's medical oncology workforce, cancer patients are going without treatment or receiving suboptimal treatments because of shortage of medical oncologists that is likely to get worse.

One week after the heavy rain across the states, more than 60 cases of Ross River virus have been reported in Queensland.

Residents of a Gold Coast suburb can stop boiling their drinking water, following an E. coli scare, according to Queensland Health.

Public hospital patients with private health insurance are being offered a range of incentives; from payment of their excess to free meals and parking for family, to bill the cost of their treatment to their health funds.

British price comparison website Foundem's chief executive said it was confident EU antitrust regulators will launch a formal probe into Google's business practices based on its complaint.

Several senators have formed a caucus to promote online freedom in Iran, China and other countries as the Obama administration pushes for greater access to an unfettered Internet.

Britain's consumer watchdog is to investigate plans for a proposed joint venture aimed at giving Internet access to digital TV in a move that will allow critics such as pay-TV firms to voice concerns.

Stocks rose on Monday, helped by gains in the healthcare sector as passage of a bill to overhaul the system eased uncertainty for investors.

EBay Inc and the National Retail Federation, the trade group for the retail industry, said on Monday they have teamed to combat organized retail crime.

The head of the European Commission challenged German Chancellor Angela Merkel to rise above domestic politics and agree on a financial safety net for debt-stricken Greece to help preserve European monetary union.

Citigroup Inc Chief Executive Vikram Pandit has done a tremendous job at the bank, the bank's chairman said on Monday in an interview with Bloomberg Television.

Shares of Medicaid insurers, hospital companies and even drugmakers rose on Monday as many investors concluded that passage of landmark U.S. healthcare legislation will add millions of new paying patients.

seniors who have done essential work to their communities and to the state has been awarded at seniors week awards at Sydney.

Global drugmakers face a hit to earnings from 2011, as they are forced to chip in to help pay for healthcare reform, but will benefit in the long run as millions more Americans become customers for their medicines.

Treasury Secretary Timothy Geithner on Monday will reaffirm the Obama administration's demands for a financial reform bill that provides strong protections for consumers and strong constraints on risk taking by big financial firms.

Infertility among men has increased the aggressiveness of the development of prostate cancer.

Kimberly-Clark Corp backed its fiscal 2010 profit forecast and said it would spend more to market new products to reignite sales of goods ranging from toilet paper to tampons.

U.S. stocks advanced on Monday, boosted by gains in the healthcare sector as passage of a bill to overhaul the system eased uncertainty for investors.

Tiffany & Co reported a smaller-than-expected quarterly profit as sales of lower-margin rough diamonds rose faster than its pricier and more profitable jewelry, and its shares fell 2 percent.

Williams-Sonoma Inc beat quarterly profit estimates and forecast strong results for the current fiscal year on signs that consumers are ready to spend more on home decorating, and its shares rose 10 percent.