IBT Staff Reporter

Three library associations have asked the Justice Department to oversee Google's plans to create a massive digital library to prevent an excessively high price for institutional subscriptions, the groups said on Thursday.

U.S. stocks fell on Thursday as the dollar's rebound spurred a safe-haven trade, cutting demand for riskier assets, while a soft profit outlook from economic bellwether FedEx sank transportation shares.

BlackBerry maker Research In Motion reported a 58 percent jump in quarterly profit on Thursday, as sturdy demand from holiday shoppers helped fend off growing competition, sending its shares sharply higher.

Senator Chris Dodd on Wednesday said that while Federal Reserve Chief Ben Bernanke was 'not perfect' he still strongly supported his nomination to lead the U.S. central bank for four more years.

Citigroup Inc shares fell to their lowest level in four months on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.

The Obama administration released details on Thursday of a $2 billion program in grants and loans to help dramatically expand Americans' broadband Internet access and create tens of thousands of jobs.

The Kardashian family can never seem to get their family Christmas Cards just right according to Kim Kardashian.

On a national level, eight out of the top 10 projects in terms of costs recouped were exterior replacement projects that cost less than $14,000. Certain types of door and siding replacements, as well as wood deck additions all returned more than 80 percent of project costs upon resale.

New York City residents could see their water bills spike by $367 a year if the federal government forces the city to build a $12.3 billion filtration plant, a report said on Thursday.

Oscar-winning actress Jennifer Jones died Thursday at her home in Malibu, California at age 90.

U.S. mortgage rates rose for a second consecutive week but remained below 5 percent, a closely watched mortgage survey showed on Thursday, a key level that may boost home loan demand and help the housing market recover.

nk of America Corp's successor for retiring Chief Executive Kenneth Lewis said on Thursday the company has no plans to sell its U.S. Trust unit.

Edison International is spending billions to bring more renewable power to customers in Southern California and carbon-free, wind energy to homes and businesses across the United States, CEO Ted Craver told Reuters on Wednesday.

More than 78 million baby boomers are currently living in the United States, according to recent census data. And of these millions of aging citizens, the oldest of the group - born in 1946 - is turning 64 this year.

Devon Energy Corp and Anadarko Petroleum (APC.N) announced on Thursday an oil discovery off Brazil's coast in the subsalt province that the South American nation hopes will make it an energy powerhouse.

U.S. President Barack Obama is scheduled to arrive in Copenhagen on Thursday night and will join the UN climate talks on Friday, bringing hopes to finish a complicated process of reaching a political agreement to reduce greenhouse gas emissions and fight global warming.

Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring back due to steady economic recovery, analysts and industry officials said.

Research In Motion Ltd., maker of the BlackBerry phone, said Thursday that it has fixed the problem that left BlackBerry users unable to send or receive emails on their phones.

Prospects for a strong U.N. climate pact grew more remote on Thursday at the climax of two-year talks as ministers and leaders blamed leading emitters China and the United States for deadlock on carbon cuts.

The London's High Court ruled on Tuesday that a 12-day British cabin crew strike was illegal because it included members no longer employed by the airline.

Citigroup Inc shares fell sharply on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.

U.S. stocks fell on Thursday as the dollar's rebound quelled demand for risky assets, while a soft FedEx forecast hit transportation shares and a prominent analyst cut estimates for two major banks.

Former Federal Reserve Chairman Alan Greenspan on Thursday endorsed a proposed bipartisan commission to help make the tough calls needed to get the spiraling and record U.S. debt under control.

The number of U.S. workers filing new applications for jobless insurance unexpectedly rose last week, but a gauge of future economic activity increased for the eighth month in a row, pointing to a slow economic recovery where employment looms as the dominant concern.

Barclays Capital, one of the banks providing $9.2 billion of loans to help fund Kraft Foods Inc's hostile bid for Britain's Cadbury Plc , has won a bigger role as one of Kraft's financial advisers.

Computer group Hewlett-Packard is looking to Africa as a potential platform for technical support for its customers elsewhere in the world, said its managing director Rainer Koch.

The Treasury will sell its stock in Citigroup to achieve the best possible price for the American public, the head of the government's financial bailout program said on Thursday.

The way Howard Stringer sees it, Sony's digital e-readers should focus on the printed word and making reading comfortable, even though the consumer electronics giant could turn it into a multimedia machine.

General Mills Inc posted a 50 percent increase in quarterly profit and raised its full-year forecast, helped by strong sales of higher-margin products such as Cheerios and Fiber One cereals.