IBT Staff Reporter

Microsoft will begin selling in Japan next month an add-on 250GB hard-disk drive for the Xbox 360 console, it said Monday.

Humana Inc said quarterly profit jumped 44 percent, in line with Wall Street targets, as the improved performance of its Medicare plans for the elderly offset weakness in its plans serving employers.

Exxon Mobil Corp reported a 23 percent decline in its fourth-quarter profit on Monday, topping Wall Street expectations, as weak demand for fuel in the global economic slowdown hurt the largest U.S. oil company's refining business.

Exxon Mobil Corp reported a 23 percent decline in its fourth-quarter profit on Monday, topping Wall Street expectations, as weak demand for fuel in the global economic slowdown hurt the largest U.S. oil company's refining business.

Toyota Motor Corp said production of eight models involved in a safety recall would resume on February 8, as it detailed plans to fix 2.4 million vehicles and sought to salvage its reputation with a PR blitz.

Toyota Motor Corp said on Monday it will resume North American production of eight vehicle models involved in a massive safety recall on February 8, after a one-week shutdown.

President Barack Obama on Monday projected the budget deficit would soar to a fresh record in 2010, challenging his push for fiscal responsibility while driving to defeat double-digit unemployment.

China has ordered a further clampdown on excessive bank lending to ensure credit has not illegally entered the stock or property markets as two surveys on Monday showed the mounting challenges faced by policymakers.

Consumer spending rose slightly less than expected last month as savings jumped to a six-month high, indicating that households remained too cautious to spend despite an improvement in incomes.

Brazil's Cosan, the world's largest ethanol and sugar processor, agreed on Monday to merge its ethanol and fuel distribution business with Royal Dutch Shell in a deal worth as much as $12 billion.

The world's largest electrics company is pushing the envelope on memory technology, introducing changes that promise to give users more memory that uses less power.

Brazil's Cosan, the world's largest ethanol and sugar processor, said on Monday it signed an agreement to merge its ethanol and fuels distribution business in the country with Royal Dutch Shell in a deal valued as much as $12 billion.

Consumer spending rose slightly less than expected in December as households opted to save extra cash, lifting savings to a six-month high, a government report showed on Monday.

Stock index futures rose on Monday after Wall Street ended January with its worst month in nearly a year as investors bet that data will show signs the U.S. economy continues to mend.

Toyota Motor Corp U.S. chief Jim Lentz said on Monday the Japanese automaker is confident it found the remedy to fix some 2.4 million of its eight most popular models involved in a safety recall and sales and production suspension.

JPMorgan Chase is rethinking its purchase of RBS Sempra and could pick up only the joint venture's oil operations and all the non-U.S. businesses, a source familiar with the matter said.

Nokia cut phone prices across its portfolio in late January, putting its cheapest smartphones on a collision course with mid-range phones from rivals Samsung and Sony Ericsson.

Toyota Motor Corp on Monday announced a fix for about 2.4 million of its eight most popular models involved in a safety recall and sales and production suspension.

Bankrupt Japan Airlines's new president said he would start from scratch in choosing an overseas partner, as American Airlines tries to fend off strong rival suitor Delta Air Lines

Stock index futures rose on Monday after closing their worst month in nearly a year and as investors digested President Barack Obama's budget plans and awaited earnings from Exxon Mobil Corp .

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.42 percent, Dow Jones futures up 0.53 percent and Nasdaq 100 futures up 0.36 percent at 5 a.m. EST.

Publishing group Pearson and phone maker Nokia have formed a joint venture to deliver English-language learning materials to mobile phone users in China, the two companies said on Monday.

Shares in UBS fell to their lowest level since July on Monday after the justice minister underscored the risk to the Swiss economy should the bank's settlement of a U.S. tax dispute unravel.

Toyota Motor Corp will announce on Monday details of its plan to fix accelerator pedals that have led to the recall of 2.4 million cars in the United States as it scrambles to put its worst public relations crisis behind it.

Oil steadied around $73 per barrel on Monday, stabilizing after three weeks of falls, with the outlook still clouded by the outlook for global growth and sluggish fuel demand.

China's economy made a strong start to the year, according to a pair of business surveys released on Monday that also underlined the mounting challenge policymakers face to curb inflation.

World shares sank to a three-month low on Monday as concerns about Greece's debts and a reminder of the challenges China faces to curb inflation stung risk demand, helping push the dollar to a six-month high versus a currency basket.

Asian stocks fell to three-month lows on Monday with investors cautious after new data strengthened the case for tighter Chinese monetary policy and as attention focused on key U.S. economic reports due this week.

Shares in UBS fell on Monday after the Swiss justice minister said the economy would suffer if the Swiss bank collapsed as a result of its unresolved U.S. tax dispute.