IBT Staff Reporter

Morgan Stanley's riskier trading operations have stolen the thunder from its growing brokerage -- at least for now.

U.S. economic conditions stabilized or improved modestly in most parts of the country, according to a Federal Reserve report on Wednesday that suggested the economy was slowly clawing out of a recession.

Amy Winehouse has completely changed and according to her father she is a completely different person from what she was a year ago with her father describing her as Fantastic, fantastic - which also includes her recent breast implants, PEOPLE reported.

U.S. stocks turned lower heading toward the close on Wednesday as a drag from Boeing Co and Wal-Mart Stores Inc offset gains in the natural resources sector and reassuring profits in banking and technology.

U.S. auto sales are projected to rise nearly one-fifth to 11.8 million units in 2010, influential industry tracking firm CSM Worldwide said on Wednesday, citing signs that the worst of the economic downturn had passed.

The founder of online encyclopedia Wikipedia said on Wednesday he had entered into a partnership with computer company Hewlett Packard that will allow users to create and print magazines.

U.S. stocks rose on Wednesday as the U.S. dollar's weakness lifted shares of natural resources companies, while Morgan Stanley and Yahoo Inc added to optimism about corporate profits.

U.S. economic conditions stabilized or improved modestly in most parts of the country, according to a Federal Reserve report on Wednesday that suggested the economy was slowly clawing out of a recession.

Google plans to roll out a service that would allow users to listen to songs for free over the internet or purchase them, according to a report from the Wall Street Journal on Wednesday.

Geely Holding's attempt to buy Ford Motor Co's (F.N) Volvo car unit is in danger of stalling over disagreements about intellectual property rights, a source close to the talks said on Wednesday.

General Motors Co GM.UL remains committed to closing a deal to sell its European Opel unit to a group led by Magna International (MGa.TO), the automaker's chief executive told CNBC on Wednesday.

Microsoft on Tuesday confirmed the early delivery of Windows 7 in UK before its official launch on Thursday.

Canada's main telecom regulator said on Wednesday it will let Internet service providers slow or throttle traffic such as file-sharing that the companies say threatens to overwhelm their networks -- but only as a last resort.

Canada's main telecom regulator said on Wednesday it will let Internet service providers slow or throttle traffic such as file-sharing that the companies say threatens to overwhelm their networks -- but only as a last resort.

Morgan Stanley's riskier trading operations have stolen the thunder from its growing brokerage -- at least for now.

Galleon Group, whose founder has been charged with masterminding the biggest-ever insider-trading scheme involving hedge funds, is shutting down.

Internet telephony company Skype aims to open up its platform to boost access to services by the business sector, Chief Executive Josh Silverman said on Wednesday.

Hyundai Motor Co Ltd is considering extending its successful U.S. incentive program that allows consumers to return vehicles if they lose their jobs, its U.S. chief executive said on Wednesday.

Wal-Mart Stores Inc's chief executive kicked off a two-day meeting by telling Wall Street that the world's largest retailer has more room to grow, both at home and internationally.

Oil jumped more than 3 percent toward $82 a barrel on Wednesday, its highest level in a year, due to a drawdown in U.S. refined oil inventories and as a rise in U.S. equities showed optimism about the economy and a potential rebound in energy demand.

Google Inc is partnering with major music labels to launch a new feature to make it easier to discover, sample and buy songs on the search engine, according to two people familiar with the plan.

* First weeks of Madoff's prison life* Drug dealer, child molester, mob boss and spy

Brooke Hundley, a 22-year-old production assistant to ESPN baseball analyst Steve Phillips wrote a letter to Phillips' wife unveiling their affair.

Wells Fargo & Co and U.S. Bancorp posted earnings that trounced Wall Street expectations, helped by outsized revenue from underwriting mortgages.

If electric cars plug in at rates hoped for by automakers in the coming years, there will be enough power to serve them, the biggest U.S. electric utilities industry group vowed on Wednesday.

Some Brazilian motorists who fuel their cars solely on cane-based ethanol are switching back to gasoline as high sugar prices now make the biofuel more costly in some states.

Chinese President Hu Jintao has told his U.S. counterpart Barack Obama that closer cooperation on fighting climate change could help improve overall ties between the world's top two greenhouse gas polluters.

Steve Phillips, an ESPN baseball analyst was involved in a love affair with 22-year-old production assistant Brooke Hundley.

Chinese solar panel maker Suntech Power Holdings Co Ltd (STP.N) said on Wednesday it will begin shipping a new solar system for large-sized projects next year, betting that the U.S. solar utility market will heat up.