IBT Staff Reporter

A new version of the song We are the World -which in the 1980's featured Bob Dylan, Stevie Wonder, Tina Turner and Michael Jackson, among others- has been recorded to gather funds for a relief effort for Haiti's earthquake victims.

With jobs at the top of the U.S. political agenda, private employers reported the smallest payroll decline in nearly two years in January while the vast U.S. services sector grew slightly, data showed on Wednesday.

The Obama administration stepped up the pressure on Toyota Motor Corp on Wednesday to address a range of safety issues as investors bolted at signs of a deepening crisis for the world's largest automaker.

Cisco Systems Inc's quarterly results beat expectations on what CEO John Chambers called a dramatic business acceleration as customers resumed upgrading networks to handle growing Internet traffic.

Stocks mostly fell on Wednesday as Pfizer's disappointing outlook weighed on the health sector, and President Obama's pledge to complete banking and healthcare reform revived fears of increased regulation.

The Obama administration stepped up the pressure on Toyota Motor Corp on Wednesday to address a range of safety issues as investors and consumers reacted to the deepening crisis for the world's largest automaker.

Twenty-two people charged with violating U.S. bribery laws after allegedly trying to win arms deals from what they thought was an African defense minister were part of a single conspiracy, a U.S. prosecutor said on Wednesday.

Cisco Systems Inc reported higher-than-expected revenue growth as more customers resumed upgrading their networks to handle increasing wireless and Internet traffic.

The stock market ended lower on Wednesday, snapping a two day rally while the dollar reversed its two day slide.

Verizon Wireless said on Wednesday that in March it would start selling its second Motorola Inc phone based on Google Inc's Android software.

Federal Reserve Governor Kevin Warsh said on Wednesday that regulatory improvements alone won't prevent future financial crises and the government must be willing to let firms fail.

Motorola and Verizon Wireless announced on Wednesday the availability of a new Android-based phone, the Motorola Devour which will be made available in March.

Hotel companies may not be earning any points with Wall Street this year, but many analysts expect 2011 will hold rich rewards.

Wal-Mart Stores Inc is cutting 300 jobs at its headquarters in northwest Arkansas as Chief Executive Mike Duke scours the company for ways to cut costs and make the world's biggest retailer more efficient.

In unusually frank public comments, the top U.S. intelligence chief said on Wednesday that spy agencies could target Americans involved in terrorism but must get permission before a potentially deadly strike.

U.S. Transportation Secretary Ray LaHood retracted a statement where he urged owners of Toyota vehicles involved in a massive safety recall to stop driving the cars.

Top global drugmakers Pfizer Inc and Roche Holding AG , posted disappointing profits and gave lackluster forecasts on Thursday, sending their shares lower.

Investors should consider stepping into equities linked to countries that are the first to raise interest rates, Bank of America Merrill Lynch's chief global equity strategist said on Wednesday.

The first national Tea Party convention meets this week to take aim at all the raucous movement says is wrong with Washington and Sarah Palin, darling of America's conservatives, will help lead the charge.

POLITICO (Washington) - Sarah Palin's political action committee has been selective and strategic in its donations to candidates over the past six months, but if money is any indication of where her heart lies, her political loyalties can be traced to Ohio.While SarahPAC has devoted just 5 percent of its total expenditures over that period to fellow GOP colleagues, four of the 17 candidates Palin contributed to hail from Ohio — the state where she held by far the most presidential campaign ...

Stocks mostly fell on Wednesday, retreating from a two-day rally, as Pfizer's disappointing outlook and the president's commitment to bank and healthcare reform weighed on the financial and health sectors.

The International carbon market has been brought to a virtual standstill after computer hackers stole over 250,000 permits, worth over 3 million euros.

Google's Nexus One is launching a multi-touch update that will allow Google's smart phone some of the same capabilities that are similar to the Apple iPhone.

Wal-Mart Stores Inc is cutting 300 jobs at its headquarters in northwest Arkansas as the retailer looks to cut costs at the start of its new fiscal year.

The U.S. Treasury Department on Wednesday announced an $81 billion quarterly debt refunding and said government securities issuance may be peaking, although the government plans to expand its offerings of inflation-protected securities.

MetLife Inc faced a possible credit ratings downgrade and its shares dropped more than 4 percent on Wednesday, a day after the biggest U.S. life insurer confirmed it was in talks but hadn't reached a deal to buy a unit of American International Group Inc .

China announced on Wednesday that the government had approved a plan to recruit 5,000 elite police in Xinjiang to prevent future unrest, according to the official Xinhua news Agency.

Most security experts would recommend not using the same password across multiple websites, especially those used on sensitive financial information, but a new study is showing that the majority of Internet users are ignoring that advice.

U.S. business bankruptcy filings rose 7 percent in January from a year ago, according to a bankruptcy data provider on Wednesday, as the sluggish economy hurt sales and hindered businesses' ability to refinance heavy debt obligations.