IBT Staff Reporter

The number of U.S. workers filing new claims for jobless insurance unexpectedly fell last week to the lowest level since January, according to a government report on Thursday that hinted at stabilization in the labor market.

Oct 15, 2009

Goldman Sachs Group Inc quarterly earnings nearly quadrupled, topping expectations, but its shares fell on disappointment that so much of the profit came from trading gains that might not be sustainable.

Oct 15, 2009

A new Janet Jackson greatest hits album, Number Ones, will hit U.S. stores November 17.

Oct 15, 2009

Baxter International Inc's quarterly earnings rose 12 percent on lower expenses and better margins, but sales were flat with a year earlier, the hospital products maker said on Thursday.

Oct 15, 2009

After only three days of sales, Michael Buble's new album topped the Billboard 200 chart, while rock legends KISS finished in second place, the highest album-chart position of their career.

Oct 15, 2009

Capital One Financial Corp's U.S. credit-card defaults rose in September as more Americans lost their jobs, in another sign that consumers remain under stress.

Oct 15, 2009

Global warming will leave the Arctic Ocean ice-free during the summer within 20 years, raising sea levels and harming wildlife such as seals and polar bears, a leading British polar scientist said on Thursday.

Oct 15, 2009

Hollywood is increasingly relying on Twitter and Facebook to gauge popular buzz on movies even before they come out, in a move reflecting the power of average filmgoers over once-mighty film critics and detailed surveys.

Oct 15, 2009

U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.

Oct 15, 2009

Citigroup Inc posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.

Oct 15, 2009

If you're looking for work, don't look in California.

Oct 15, 2009

A gauge of manufacturing in New York State jumped unexpectedly this month to its highest in five years on surging new orders, shipments and employment in the sector, the New York Federal Reserve said in a report on Thursday.

Oct 15, 2009

Boeing Co has received no cancellations of aircraft orders from Chinese airlines , a senior executive said on Thursday, although deliveries have been adjusted as carriers trim costs to cope with weak demand.

Oct 15, 2009

U.S. consumer prices rose marginally in September from August, restrained by weak food and housing costs, according to government data on Thursday that pointed to scant inflation pressures as the economy makes a comeback from recession.

Oct 15, 2009

Citigroup Inc (C.N) posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.

Oct 15, 2009

U.S. Treasuries prices trimmed losses as U.S. stock index futures turned lower after Goldman Sachs Group (GS.N) reported its third-quarter results.

Oct 15, 2009

Stock futures fell on Thursday after quarterly results from Goldman Sachs Group and Citigroup Inc failed to live up to expectations some investors had for financial sector shares.

Oct 15, 2009

Leona Lewis ran out from a book signing in London on Wednesday after being attacked by an anonymous man, according to reports.

Oct 15, 2009

Describing the proliferation of fraudulent mortgage rescue schemes as an epidemic on Sept. 17, the U.S. Treasury, Department of Justice, the Department of Housing and Urban Development and the FTC announced they would work together to target investigations and increase their efficiency.

Oct 15, 2009

Consolidation in the private banking industry picked up pace on Thursday, creating fresh players in the Asian and British wealth management sectors and reshaping how the rich manage their money around the world.

Oct 15, 2009

Spanish infrastructure firm Abertis (ABE.MC) is eyeing projects in China and India to boost growth beyond its stronghold in southern Europe, but is not in a hurry for any deals, its chairman said on Thursday.

Oct 15, 2009

Oil fell back below $75 a barrel from year-highs and reversed its sixth straight positive session on Thursday after European shares pared gains and the euro fell on disappointing Q3 earnings reports, traders said.

Oct 15, 2009

Bruce Wasserstein, the legendary Wall Street deal maker identified with an era of no-holds-barred takeover battles, has died at the age of 61. His death leaves major questions about the future direction and leadership of Lazard Ltd., the investment bank he headed.

Oct 15, 2009

A decision on whether the Swedish government will give loan guarantees to troubled auto maker Saab is still a couple of months away, the country's enterprise minister told Reuters on Thursday.

Oct 15, 2009

Goldman Sachs Group Inc posted better-than-expected quarterly earnings, fueled by outsized bond trading profits.

Oct 15, 2009

Capital One Financial Corp's (COF.N) U.S. credit-card defaults rose in September as more Americans lost their jobs, in another sign that consumers remain under stress.

Oct 15, 2009

Goldman Sachs Group Inc posted better-than-expected quarterly earnings, fueled by outsized bond trading profits.

Oct 15, 2009

European shares hit a fresh one-year high on Thursday, with analysts pointing to third-quarter earnings beating forecasts, though mobile phone giant Nokia (NOK1V.HE) bucked the trend. At 1041 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was up 0.5 percent at 1,021.65 points, having risen as far as 1,022.26, the highest since Oct. 7, 2008.

Oct 15, 2009

Britain's top share index was 0.1 percent lower by mid-session Thursday, weighed on by weaker commodity stocks as metal prices fell, ahead of results from U.S. banks Citigroup (C.N) and Goldman Sachs (GS.N)

Oct 15, 2009