IBT Staff Reporter

The New Haven Police Department said detectives have secured the arrest of Raymond Clark III in the killing of Yale student Annie Le.

Construction and engineering group Balfour Beatty is in advanced talks regarding a significant acquisition and is mulling a rights issue to fund a deal analysts expect will involve a U.S. or British firm.

Pier 1 Imports Inc reported a smaller-than-expected quarterly loss as the home furnishings retailer benefited from cost cuts, fewer markdowns and improved inventory management.

Rift opens at Fed; Carmakers lose upperhand to suppliers; Missile Shield Plan Scrapped

New U.S. housing starts and permits rose in August to their highest level since November, lifted by a rebound in multifamily homes, a government report showed on Thursday.

The California lawmaker who spearheaded a high-profile anti-obesity effort across the country's most populous state is now training his sights on sugar-sweetened drinks.

U.S. drugs group Merck & Co has teamed up with Britain's Wellcome Trust medical charity in a not-for-profit joint venture to develop affordable vaccines for poor countries.

The U.S. television industry on Sunday hands out it its highest honors, the prime time Emmy Awards, facing a growing conundrum.

U.S. stock index futures were flat on Thursday, threatening a fourth straight positive session, as FedEx Corp reported in-line quarterly profits and investors awaited key data on the labor and housing markets.

American Airlines parent AMR Corp said on Thursday that it had bolstered its liquidity and planned to take steps that include buying new planes in a bid to return to profitability.

Oil prices fell toward $72 a barrel on Thursday after rising more than 5 percent this week as swollen U.S. distillate stocks such as diesel offset positive sentiment in other markets.

President Barack Obama has told east European states he was backing away from plans for an anti-missile shield there, in a move that may ease Russian-U.S. ties but fuel fears of resurgent Kremlin influence.

U.S. stock index futures rose slightly on Thursday, edging toward a fourth straight positive session, as investors awaited key data on the labor and housing markets.

Airlines are at last beginning to fill vacant business-class seats in a sign that a slump in cross-border trade is easing, an industry body said on Thursday.

An improving U.S. economy has exposed a widening rift at the Federal Reserve over how quickly to scale back the central bank's aid measures, a debate that will be front and center when policy-makers meet next week.

Oil prices hovered around $72.50 a barrel on Thursday after rising more than 5 percent this week as swollen U.S. distillate stocks such as diesel offset positive sentiment in other markets.

The Bank of Japan said it was slightly more optimistic about economic and financial conditions on Thursday, likely bringing it a step closer toward phasing out some of its measures to support corporate funding.

Oracle Corp's quarterly software sales came in sharply below expectations, dashing hopes that corporate technology spending is rebounding and sending its shares down 2.7 percent.

Bank of Japan Governor Masaaki Shirakawa said on Thursday a stronger yen would push down prices in the near term but might support the economy in the longer run. Japan must look at the overall economy in gauging the impact of the yen's strengthening, Shirakawa told a news conference.

Global shares rallied on Thursday, pushing the benchmark world index to a fresh 11-month high, while the euro hit a one-year peak against the low-yielding dollar as investors put back risk trades due to economic optimism.

Asian stocks hit their highest level in 13 months on Thursday on signs the global economic recovery could be strengthening, while the dollar slid to a fresh one-year low as investor optimism eroded its safe haven appeal.

Indonesia's most-wanted Islamic militant, Noordin Mohammad Top, may have been killed in a shoot-out in Central Java, security and police sources said on Thursday.

An Australian man has been charged with sexually abusing his daughter for 30 years and fathering her four children, local media said Thursday.

Israeli Defense Minister Ehud Barak was quoted on Thursday as saying he does not view Iran as a threat to the existence of the Jewish state, a view that would seem to depart from Israeli statements of the recent past.

Japan's new prime minister got some good news on his first full day in office on Thursday as the central bank said the struggling economy was showing signs of recovery from its worst recession since World War Two.

Asian stocks hit their highest level in 13 months on Thursday and the Australian dollar surged after U.S. economic data raised hopes that the global economic recovery was strengthening.

Oil was steady above $72 a barrel on Thursday, taking a breather after a rise of more than 2 percent a day earlier, following a larger-than-expected fall in U.S. crude oil inventories.

Google Inc and a group of authors and publishers are in talks with the U.S. Justice Department about possibly modifying an agreement struck last October to publish millions of books online, Bloomberg reported on Wednesday.

Google Inc and a group of authors and publishers are in talks with the U.S. Justice Department about possibly modifying an agreement struck last October to publish millions of books online, Bloomberg reported on Wednesday.