IBT Staff Reporter

Tianjin Qingyuan Electric Vehicle Co, the first Chinese automaker to break into the United States, hopes to significantly boost sales of its self-developed electric models in the world's second-largest market this year, a source with direct knowledge of the matter said on Wednesday.

The U.S. Justice Department has a team of litigators prepared to oppose the merger of ticketing giant Ticketmaster and concert promoter Live Nation and could decide to take the deal to court, antitrust sources said on Wednesday.

LG Electronics Inc said it is gaining share in the U.S. television market and that mobile phones have been key to increasing the South Korean company's brand recognition last year.

After gaining instant celebrity status with her TV show, Jon & Kate plus 8, Kate Gosselin has not only drawn a lot of attention for their turbulent marriage which ended up in divorce, but also for her old-fashioned hair do. Now all that seems to have changed. Kate has finally said goodbye to her signature short, asymmetrical hairstyle.

U.S. stocks slipped on Wednesday after ISM data showed the U.S. services sector grew in December, but at a marginal pace, and a report said the rate of job losses slowed at U.S. private employers.

Members of Cadbury Plc's board are talking with counterparts at Hershey Co and other potential bidders as hopes wane for a significantly higher bid from Kraft Foods Inc .

U.S. online spending rose 4 percent to $29.1 billion in November and December with sales showing particular vigor over the Black Friday weekend and the week leading up to Christmas, according to data released on Wednesday by comScore.

(Corrects paragraph 6 to show ADP report said private-sector job losses slowed in December from November, but were not smaller than expected)

The rate of job losses at U.S. private employers slowed in December and the services sector showed marginal growth, according to reports on Wednesday that pointed to a steady if unspectacular recovery.

The Dow and S&P 500 edged higher, while the Nasdaq slipped on Wednesday after Federal Reserve officials said they were still worried about labor market weakness and a report on the services sector showed only slight improvement in the economy.

President Barack Obama will announce a $250 million public-private partnership on Wednesday expanding a program to improve U.S. math and science education, the White House said.

AT&T Inc plans to sell seven new smartphones in the first half of this year, including two phones from Palm Inc and five Android phones from vendors, including handset newcomer Dell Inc.

NovaGold Resources (NG.TO) expects to soon release a new mine plan for its Galore Creek copper-gold joint venture in British Columbia and may take a more aggressive approach with the project this year, it said on Tuesday.

The Dow and the S&P 500 ended little changed on Wednesday and the Nasdaq dipped after a report on the vast services sector showed only slight improvement in the U.S. economy.

A U.S. grand jury on Wednesday indicted Nigerian Umar Farouk Abdulmutallab on six counts for trying to blow up an American airliner in a plot that exposed large breakdowns in U.S. security and intelligence.

Members of the Federal Reserve worried that the winding down of the central bank's massive purchases of mortgage securities, among other factors, could snuff a fragile housing market recovery, minutes of their December meeting showed on Wednesday.

Members of the Federal Reserve worried that the winding down of the central bank's massive purchases of mortgage securities, among other factors, could snuff a fragile housing market recovery, minutes of their December meeting showed on Wednesday.

AT&T Inc said on Wednesday that it would sell five Android phones in the first half of this year, including from Motorola Inc, HTC Corp and handset newcomer Dell Inc.

The U.S. Justice Department has a team of litigators prepared to oppose the merger of ticketing giant Ticketmaster and concert promoter Live Nation and could decide to take the deal to court, antitrust sources said on Wednesday.

Buy stocks and don't worry about inflation -- that's the advice of the chief stock picker of the world's biggest fund firm, BlackRock Inc .

Colorful dealmaker Robert Friedland, who made a fortune selling an undeveloped Canadian nickel deposit, is seeking new options for his current venture, Ivanhoe Mines , as it starts building a massive copper-gold mine near Mongolia's border with resource-hungry China.

Vacancies at U.S. strip malls hit an 18-year high in the fourth quarter and the vacancy rate for large regional malls reached the highest in at least 10 years, according to real estate research firm Reis Inc.

Following a successful public debut of one of its companies last year, a San Francisco venture capital firm is now guiding two more of its green portfolio firms to raise money in the public markets.

The Justice Department has a team of litigators prepared to oppose the merger of ticketing giant Ticketmaster and concert promoter Live Nation and could decide to take the deal to court, antitrust sources said on Wednesday.

Wall Street was little changed on Wednesday after Federal Reserve officials said they were still worried about labor market weakness and a report on the services sector showed only slight improvement in the economy.

Danish police released four Greenpeace activists on Wednesday who were detained 20 days ago for sneaking into a gala dinner for heads of state to protest against what they deemed failed U.N. climate talks.

Nearly half of global money managers are making investment decisions without factoring in risks or opportunities associated with climate change, according to a survey released on Wednesday by a coalition of environmentalists and investors.

Apparently movie fans failed to get the memo that these two young romantics have broken up.

Icy conditions have driven a surge in energy demand in heavily populated parts of the northern hemisphere but some countries are enjoying a relatively mild winter, data shows.