IBT Staff Reporter

A U.S. congressional panel is expanding its probe of credit rating agencies to look at why securities regulators ignored warnings from former Moody's Corp executives about the company's weak compliance department and ratings process.

Daimler (DAIGn.DE) will hire 800 more staff for its Brazilian commercial vehicles business and keep open a U.S. truck plant as the two key markets show signs of reviving, the world's biggest truckmaker said.

Suddenly, the Iranian existential threat seems to have receded from Israel's horizon.

Asia is as broad and varied as a continent should be, so how does one plan to go around such a vast area? There is the banana pancake trial; where veering off the lonely planet recommendation is unheard of. But how about some themed trips instead to see the real Asia?

Apple expanded in the UK mobile market as Orange and Vodafone are to offer its popular iPhone for frenzy consumers, signaling a subtle shift in power away from the network operators towards the manufacturers.

Turkey's Competition Board said on Wednesday it had opened an investigation into 19 of the country's largest auto companies, including foreign firms operating in Turkey, for alleged price-fixing since 2006.

If you've ever read the book Gulliver's Travels, and wondered how Gulliver felt when he was washed ashore from his shipwreck and woke up in a land of tiny people called Lilliput, here's your opportunity to find out.

Transportation Secretary Ray LaHood Wednesday called distracted driving a serious epidemic with more than 5,800 annual U.S. traffic deaths tied to motorists who failed to keep their eyes on the road.

Chevron Corp said on Wednesday David O'Reilly would retire as chairman and chief executive of the second-largest U.S. oil company at the end of the year and be replaced by Vice Chairman John Watson.

U.S. stocks were mostly flat on Wednesday, on a volatile last day of a strong third quarter, as a disappointing report on Midwest business activity was offset by gains in commodities and tech.

Jason Priestley will star in the Canadian TV comedy Meet Phil Fitz.

Michelle Moran never had any doubts what she wanted to be in life -- a writer.

Preventing Economic Overheating; Economy Shrank Even Less; Midwest Still Struggling

Do you have a telephone interview coming up? If you are unsure about how to prepare then read these 5 simple and easy tips for preparing and acing your virtual meeting!

Business activity in the U.S. Midwest failed to return to growth in September as expected, and instead got slammed by a decline in production and new orders, a report showed on Wednesday.

The U.S. economy contracted in the second quarter more slowly than initially thought, but negative news on jobs and on manufacturing activity in the country's Midwest region in September pointed to a patchy recovery from recession.

U.S. President Barack Obama said on Wednesday his administration was deeply committed to passing a new energy law that would set caps on greenhouse gas emissions, welcoming a new Senate proposal on the issue.

Electronics retailer Best Buy Co expects to hire more staff for the U.S. holiday season than it did last year and will promote its in-store services as a way to woo shoppers, Chief Executive Brian Dunn said on Wednesday.

U.S. stocks erased their losses in early afternoon trade on Wednesday, with first the Nasdaq turning positive. The S&P 500 and the Dow industrials quickly followed suit, advancing into positive territory.

Penn National Gaming Inc is considering acquiring the unfinished Fontainebleau resort, which sits toward the northern end of the Las Vegas Strip, the U.S. casino and racetrack operator's chief financial officer said on Wednesday.

Global semiconductor sales will decline less than previously forecast this year and will return to growth in 2010, tech research house iSuppli said on Wednesday.

TerreStar Corp's majority-owned unit signed a deal with AT&T to launch the first fully integrated satellite smartphone, sending its shares up 39 percent to a 52-week high.

China Real Estate Information Corp, a provider of real estate information and consulting services, is planning to raise up to $200 million in a U.S.-listed initial public offering.

France's government Wednesday softened its stance on the arrest of Roman Polanski for having sex with a 13-year-old girl, calling it a serious case after initially rushing to the film director's defense.

The U.S. economy contracted in the second quarter at a slower pace than previously thought, while a surprise slide in manufacturing activity in the country's Midwest region in September pointed to a patchy recovery from recession.

The U.S. economy contracted in the second quarter at a slower pace than previously thought, while a surprise slide in manufacturing activity in the country's Midwest region in September pointed to a patchy recovery from recession.

American First Lady Michelle Obama said on Wednesday she was excited to be in the Danish capital and was ready to do a lot of work in support of Chicago's bid for the 2016 Olympics ahead of Friday's vote.

Microsoft did not infringe a patent held by anti-piracy software maker Uniloc Inc, a federal judge ruled on Tuesday, nullifying an earlier $388 million (242 million pound) damages award against Microsoft.

A congressional panel will expand its examination of credit rating agencies to look at why U.S. securities regulators ignored warnings from former Moody's Corp executives about the company's weak compliance department and ratings process.