IBT Staff Reporter

For decades the Big Three have cast a large shadow over the Michigan economic landscape, but with the automotive industry in turmoil, a new breed of startups is emerging from the darkness.

Get ready to return to the island one last time: The final season of ABC's Lost is going to be an emotionally intense journey that harks back to previous highlights of the series, with the ideological battle between Jack Shephard and John Locke taking center stage.

The latest Spider-Man sequel is proving villainously difficult to plot out.

South Dakota Democratic Senator Tim Johnson, a champion of community banks and credit card companies, is expected to take over the chairmanship of the influential U.S. Senate Banking Committee in 2011.

Lenny Kravitz has taken to Twitter to set the record straight about a leaked version of Michael Jackson's Another Day, a song the rocker recorded with the late King of Pop.

Gilead Sciences Inc (GILD.O) said top-line results of a mid-stage study showed that its experimental drug regimen to treat HIV infection met the main goal, sending its shares up as much as 4 percent.

Morocco will invite bids for construction of its first solar power station at the end of next month as part of a $9 billion solar energy project, its energy minister said on Wednesday.

National security has jumped to the top of U.S. President Barack Obama's agenda, but it is unlikely to distract him from overhauling healthcare and tackling double-digit unemployment over the long term.

Some Federal Reserve officials worried last month that waning government support could snuff out a fragile housing market recovery and a few believed it might be desirable to step up asset purchases.

Some Federal Reserve officials worried last month that waning government support could snuff out a fragile housing market recovery and a few believed it might be desirable to step up asset purchases.

Actress Sharon Stone is set to guest star in four episodes in NBC's popular television crime series Law & Order: Special Victims Unit, NBC said on Tuesday.

Award-winning television producer David Gerber, who worked on a range of programs from series like 1970s hit Police Woman to 2006 TV movie Flight 93, has died at age 86, his spokesman said on Tuesday.

Owning and operating a business always comes with many challenges. For different reasons the current recession seems the worst we've ever experienced.

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 European Commission said on Wednesday it had given conditional approval for U.S. food group Kraft Foods Inc (KFT.N) to take over British confectionery maker Cadbury (CBRY.L).

Dell Inc announced on Wednesday the launch of its first Android-based smartphone which will be available in the U.S. with AT&T Inc. as its carrier.

Hyundai Motor Co is bracing for tougher competition in India as more global rivals attack the small-car segment, but said it would continue to be a top player due to its big volumes and sprawling sales network.

Nissan Motor Co will soon offer a line-up of nine vehicles in India including five built locally as it aims to catch up with rivals in the fast-growing market, the head of its Indian operations said.

Barclays Capital Research said on Wednesday that it remains cautious about a consumer recovery in 2010 but still sees U.S. light vehicle sales increasing to 11.7 million units this year.

Toyota Motor Corp said on Wednesday it sold 21 percent more cars in China in 2009 compared with a year earlier, lagging rival General Motors' 67 percent gain.

Fiat will unveil a small car by 2012 in India, where small cars constitute about three-quarters of all cars sold in the country, a senior company official said on Wednesday.

AT&T Inc wants to add wireless links to car entertainment systems and consumer devices to keep track of everything from parcels to wandering children, according to a top company executive.

Kraft faced pressure to raise its bid for Cadbury with extra cash as the market digested Tuesday's warning from key investor Warren Buffett and an initial deadline passed with few of the UK confectioner's shares changing hands.

Dell Inc is bringing its first-ever smartphone to the United States with AT&T Inc as the carrier, making a push into mobile devices as its core personal computer business struggles.

Property agent Century 21 China Real Estate plans to raise about $150 million via its initial public offering of shares at the New York Stock Exchange this month, sources familiar with the deal told Reuters on Wednesday.

Portugal's EDP Renewables (EDPR) expects to be awarded a 1.3 gigawatts development project in the third offshore wind farm leasing round in the United Kingdom, the company said on Wednesday.

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.

Pfizer Inc said on Wednesday it has struck a collaboration deal with India's Strides Arcolab Ltd that will significantly expand the generics business of the world's largest drugmaker.

Banco do Brasil (BBAS3.SA), Brazil's largest bank by assets, on Wednesday said it would combine its annuity business with Grupo Icatu, betting on rising demand for the savings plans as household income expands.