IBT Staff Reporter

Speculation has been rife over the potential of Apple iPhone becoming available on other carriers apart from its current AT&T, new reports have surfaced that it the opposite may be the truth.

Corrects city where Cisco CEO spoke in paragraph 11

U.S. stocks slightly pared gains on Monday after data showed sales of used homes fell more than expected month over month in December.

The S&P 500 rose slightly in early trading amid signs over the weekend that Fed Chairman Ben Bernanke will be confirmed for a second term.

U.S. President Barack Obama on Monday will propose a package of new initiatives aimed at helping middle-class families, including an expanded child-care tax credit and help with retirement savings.

All 90 people aboard an Ethiopian Airlines plane were feared dead after it plunged into the Mediterranean, minutes after taking off from Beirut in a thunderstorm on Monday.

Royal Dutch Shell is slowing its expansion into high-cost Canadian tar sands and will in future focus on exploration, rather than expensive, capital-intensive projects, Chief Executive Peter Voser said in Monday's edition of the Financial Times.

American International Group Inc said it has restricted the personal use of corporate aircraft by its executives, other than its chief executive.

Data breaches at US companies doubled last year and are cost substantially more than other internal IT gaffes, according to new research.

U.S. stock index futures pointed to a strong gain at the open on Monday and looked set to reverse a three-day selling spree that wiped out index gains for the year as U.S. Federal Reserve Chairman Ben Bernanke edged closer to winning support for a second term.

A venture led by Tishman Speyer Properties is giving up the Peter Cooper Village and Stuyvesant Town apartment complex in Manhattan to creditors, marking the collapse of one of the largest transactions during the U.S. real estate boom.

U.S. stock index futures pointed to gain at the open on Monday after the worst 3-day slide in 10 months following fears a White House plan to curb risk-taking by banks would cut profits.

Websites run by Chinese human rights activists were hit by cyber-attacks over the weekend, highlighting increasing sophistication of efforts to censor dissident voices in China.

U.S. stock index futures pointed to a 1 percent rise on Monday after the worst 3-day slide in 10 months, which came on fears that the White House plan to curb bank risk-taking would cut profits.

Oil prices steadied below $75 a barrel on Monday, after slipping toward a one-month low on continued market unease over possible tighter Chinese monetary policy and a U.S. proposal to toughen bank trading rules.

Oil prices fell on Monday, approaching one-month lows near $74 a barrel, on continued market unease over possible tighter Chinese monetary policy and a U.S. proposal to toughen bank trading rules.

Stock index futures pointed to a rebound on Wall Street on Monday following last week's sharp sell-off, with futures for the S&P 500 up 0.82 percent, Dow Jones futures up 0.74 percent and Nasdaq 100 futures up 0.51 percent at 4:15 a.m. EST.

World stocks added to the previous week's fall on Monday, weighed down by Wall Street losses, uncertainty over U.S. bank plans and concern that Greece's debt crisis could spread.

A group led by Tishman Speyer Properties has decided to give up the sprawling Peter Cooper Village and Stuyvesant Town apartment complex in Manhattan to its creditors in the collapse of one of the most high-profile deals of the real-estate boom, the Wall Street Journal reported on Monday.

A group led by Tishman Speyer Properties has decided to give up the sprawling Peter Cooper Village and Stuyvesant Town apartment complex in Manhattan to its creditors in the collapse of one of the most high-profile deals of the real-estate boom, the Wall Street Journal reported on Monday.

President Barack Obama's proposals to split traditional banking activities from riskier areas will harm U.S. banks without international co-ordination, a prominent Swiss banker said in Monday's Financial Times.

Oil prices fell on Monday, approaching one-month lows near $74 a barrel, on continued market unease over possible tighter monetary policy in China and a U.S. proposal to tighten bank trading rules.

Italy's Ferrero has ruled out a rival bid for Cadbury Plc , clearing the way for Kraft Foods to complete its 11.7 billion-pound ($18.9 billion) proposed takeover of the British confectioner.

Cisco Systems' chief executive said on Monday he expected the spat between Google Inc. and China to be resolved, saying the issue was part of a natural give and take.

Asian stocks fell on Monday after Wall Street's worst three-day slide in 10 months, but moved off intra-day lows as a gain in U.S. futures signaled New York markets could recover some of last week's losses.

Asian stocks fell on Monday after Wall Street suffered its worst three-day slide in 10 months, but losses were muted, and high-yielding currencies edged up as some investor appetite for riskier assets surfaced.

US Geological Survey on Sunday said Venezuela's Orinoco oil belt holds 513 billion barrels of recoverable heavy crude, nearly twice as much as the proven reserves of Saudi Arabia. In its latest estimate the US Geological Survey said the area had the largest accumulation it had ever assessed.

Gold prices recovered in Asian trade Monday as the dollar dropped, reviving demand for the precious metal as an alternative asset. Spot gold was seen trading at $1,099.81 an ounce at 12.00 noon Singapore time while February delivery in New York was at $1,099.20 an ounce at the same time. The precious metal, which touched an all-time high of $1,226.56 last month, slumped to a one-month low of $1,081.95 an ounce on Jan. 22.

Al Qaeda leader Osama bin Laden claimed responsibility for the failed Dec. 25 bombing of a U.S.-bound plane in an audio tape aired on Sunday, and vowed to continue attacks on the United States.