IBT Staff Reporter

New York's attorney general charged Bank of America Corp , former Chief Executive Kenneth Lewis and former Chief Financial Officer Joe Price with fraud for allegedly misleading shareholders about the acquisition of Merrill Lynch & Co.

Shares of Toyota Motor Corp picked up from a 10-month low on Friday after the world's largest carmaker reported better-than-expected quarterly results and raised its outlook despite its growing recall-related problems.

Ten American missionaries charged on Thursday with child kidnapping and criminal conspiracy in Haiti could face nine years in prison.

The chief executive of book publisher Macmillan said on Thursday his company is still in talks with online retailer Amazon.com Inc, despite the apparent settlement last weekend of a dispute over the price of electronic books.

Shares of Toyota Motor Corp fell 0.5 percent early on Friday after the world's largest carmaker reported better-than-expected quarterly results the previous day and raised its outlook despite the ongoing recall turmoil.

Hedge funds will defend their coveted secrecy against bankruptcy judges who want more information about their economic interests before granting them an active role in Chapter 11 reorganizations.

Republican Scott Brown was sworn in as the Senator of the Commonwealth of Massachusetts on Thursday.

Deutsche Telekom is considering spinning off or launching an IPO for T-Mobile, its U.S. wireless business, the Wall Street Journal reports.

Food giant Kraft Foods and Warren Buffett's Berkshire Hathaway sold $17.5 billion in debt on Thursday, braving a suddenly weak corporate bond market to finance major acquisitions, market sources said.

Google is teaming up with the National Security Agency in order to investigate the recent hack attack against its network in a bid to prevent another assault, according to The Washington Post.

South Korea's Samsung Electronics Co Ltd said on Thursday it aimed to triple smartphone shipments this year to more than 18 million units as the world's second-biggest cellphone maker scrambles to make a mark in the fast-growing smartphone market.

Ten U.S. missionaries detained in Haiti were charged on Thursday with child kidnapping and criminal association for trying to take children illegally out of the earthquake-hit country.

The Australian Dollar opens sharply lower today against the greenback at 0.8650 dragged down by a lower Euro and weaker global stocks and commodity prices overnight.

AOL Inc said on Thursday another Google Inc executive will join its management ranks next month as the newly independent company seeks to become the leading content company for the Web.

Oil fell 5 percent on Thursday in the steepest daily drop since July and the fifth-largest trading volumes ever on the New York Mercantile Exchange as investors dumped commodities and other risky assets.

Interest rates cannot remain at their current rock-bottom lows indefinitely, particularly as the economy recovers, Kansas City Federal Reserve Bank President Thomas Hoenig said on Thursday.

As top athletes from around the world gear up for the Winter Olympics in Vancouver, video gamers can also lace up the skates or strap on the snowboard in a trio of titles bringing winter sports to life.

Kraft Foods Inc on Thursday re-launched its $9.5 billion four-part debt sale at wider spreads than first launched earlier on Thursday morning, said IFR, a Thomson Reuters service.

A White House spokesman said on Thursday it was possible that a jobs report due on Friday could include a revision in monthly data showing more jobs were lost in the recession than previously been thought.

Major U.S. stock indices plunged today, taking the stock market into negative territory for February.

The median forecast for nonfarm payrolls is for an increase of 5,000 after an unexpected 85,000 drop in December. Forecasts range from a decrease of 97,000 to an increase of 100,000.

Internet search firm Google is finalizing a deal that would let the National Security Agency help it investigate a corporate espionage attack that may have originated in China, the Washington Post reported on Thursday.

The number of U.S. workers filing for jobless benefits unexpectedly rose last week, but another big gain in productivity in the fourth quarter offered hope that companies were closer to adding to payrolls.

Amazon has reportedly purchased Touchco, a small startup focusing on multitouch technology, that could be used in developing a new line of Kindle e-readers.

Candidate's Background:Robert came to me with a very simple existing résumé that neither showcased his broad skill set nor his career achievements.

The Dow briefly fell below the crucial 10,000 mark on Thursday as stocks suffered their worst losses in more than nine months.

Cyber attackers -- the ones who break into computers, steal identities, and empty other people's bank accounts -- are hiring.

Blogging by teenagers and young adults has dropped by half over the past three years as they turn instead to texting and social networking sites such as Facebook, a new study shows.

Ten missionaries from the U.S. who tried to take 33 children out of Haiti following the catastrophic earthquake, were charged Thursday with kidnapping children and criminal association.