IBT Staff Reporter

U.S. stocks fell on Thursday as a surprise drop in August sales of existing homes signaled more weakness in housing and investors worried that authorities might be curbing stimulus efforts too soon.

Drug makers can only produce enough H1N1 vaccine each year for half the planet because they lack factory capacity, the World Health Organization said on Thursday.

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Sony Pictures is orchestrating an unprecedented preview ad campaign for 2012, the latest disaster film from Roland Emmerich.

He-Man may have found a new home.

The Senate Finance Committee battled over insurance plans for seniors on Wednesday and rejected a Republican effort to delay a final vote on a broad healthcare overhaul as it slowly waded through a crush of amendments.

Apple may soon see a to their revenue thanks to revisions of reporting rules made Wednesday finalized by the Financial Accounting Standards Board.

The hotel operator formerly called Hilton Hotels Corp said on Wednesday that it has changed its name to Hilton Worldwide and unveiled a new logo.

Few screenwriters exemplified the renaissance in Hollywood filmmaking that took place in the 1970s more than Robert Towne.

Film director Richard Attenborough is auctioning part of his collection of British paintings, including one he sold to help finance Oscar-winning movie Gandhi and which he bought back years later.

More than 124,000 people in Europe developed cancer last year because they are overweight, and rising body fat levels threaten to add tens of thousands more to their ranks, experts said on Thursday.

The World Health Organization said on Thursday it was looking into an unpublished Canadian study indicating that a seasonal flu shot could increase the risk of catching the H1N1 virus.

Steelcase Inc, the world's largest office furniture maker, broke even in the second quarter, but guided lower third-quarter earnings as demand remains sluggish, sending shares down 7 percent.

Global leaders will institutionalise the G20 as the world's main economic governing council, British Prime Minister Gordon Brown said on Thursday.

Legal entanglements and well-intentioned home-owner-assistance efforts have slowed the pace of foreclosures, but eventually many of these distressed homes will hit the market anyway.

American Greetings Corp posted a 10-fold jump in quarterly profit, helped by lower expenses and improved inventory management, sending its shares up as much as 27 percent to their highest in more than a year.

DigitalGlobe Inc said the launch of its newest satellite has been delayed as the rocket that is set to carry it to orbit has had a delay with an earlier launch, sending its shares down about 5 percent.

Telecom equipment maker Comtech Telecommunications Corp gave fiscal 2010 outlook above market estimates citing a strong backlog, sending its shares up 8 percent.

New Volkswagen (VOWG.DE) shareholder Qatar will start with only one seat on the carmaker's supervisory board, a source close to the matter told Reuters on Thursday.

The German book trade slammed European regulators on Thursday for failing to take a stand against an agreement allowing U.S. internet company Google to create an online library.

Google Inc's Web-based email service suffered its second high-profile technical problem this month as users reported difficulty accessing their contacts.

Nine North Koreans entered Denmark's embassy in Hanoi Thursday, seeking political asylum after leaving their impoverished and isolated country in search of food and freedom, activists and a group statement said.

Onex Corp plans to take advantage of a building crisis in the U.S. commercial real estate market, an official with the Canadian private-equity company said on Thursday.

Chinese housing prices have surged since March, but they will soon lose momentum and even start to fall around the end of the year, boding well for a more sustained contribution to overall economic growth.

Shares of Canwest Global Communications Corp, Canada's biggest media company, jumped more than 75 percent on Thursday after it announced it would sell its stake in Australia's Network Ten television network for more than C$630 million ($578 million).

Canada's industry minister said on Thursday the government will review Avaya Inc's AVXX.UL purchase of Nortel Networks Corp's enterprise business to see if the deal is in Canada's best interest.

Some 3,000 Opel workers and union leaders from across Europe protested on Wednesday against the threatened closure of the carmaker's plant in Belgium and plans to cut the workforce by a fifth.

U.S. pharmaceuticals company Abbott Laboratories Inc made an unsolicited offer for the drugs unit of Belgian chemicals firm Solvay, a source familiar with the situation said on Thursday, rivaling a bid from private equity-owned drugs maker Nycomed.

Germany will seek a good European solution over state aid to loss-making carmaker Opel, and does not expect the European Union to block any deal, Economy Minister Karl-Theodor zu Guttenberg said on Thursday.