IBT Staff Reporter

Sprint Nextel Corp shares jumped 14 percent on speculation that the No. 3 U.S. mobile service might be bought by Deutsche Telekom even as many analysts said such a deal would be very difficult to pull off.

Stocks edged higher on Monday, helped by utilities after a news report that China's sovereign wealth fund is eyeing a stake in U.S. power company AES Corp .

Police on Sunday found a body it believes is that of a missing student of Yale University, Annie Le, 24.

Also known as auriculotherapy, ear acupuncture involves the auricle of the external ear being treated with acupuncture needles to lessen pains, diseases or dysfunctions of the body.This practice is one

A year after the financial collapse of 2008, the housing market is very different than it was before the foreclosure crisis. Here are seven bits of wisdom from economists and financial planners for anyone contemplating a home purchase today:

Quite amazingly the whole body and can be treated by applying pressure to acupuncture points in the ear.

Acupuncture has been used for thousands of years for the treatment of pain and illness and disease in Asia.

Acupuncture and infertility are closely related to each other. Before you make any assumptions, we would like to tell you that the relationship between the two is that of a disease and cure. Acupuncture is a miraculous technique widely used for curing acupuncture.

Eli Lilly and Co said on Monday it plans to cut 5,500 jobs, or 13.5 percent of its workforce, as it girds for generic competition by 2011 on its Zyprexa schizophrenia drug and Gemzar cancer treatment.

American Express Co announced on Monday a new line of certificates of deposit as part of the largest U.S. credit card company's plan to diversify funding sources as the financial crisis tightened lending.

Apple Inc. discontinued its 40GB Apple TV and cut the price of its 160GB model $100 to $229 on Monday. However, critics are arguing that Apple TV won't see any real success until it opens up to Web video beyond iTunes despite price cuts.

Foursquare Capital Corp, a real estate investment trust that will be run and advised by a unit of money manager AllianceBernstein, will price its initial public offering and make its trading debut the week of Sept. 21, according to one of deal's underwriters.

Japan's NEC Corp will take over the cellphone operations at Casio Computer Co and Hitachi Ltd as the struggling sector bands together to cut costs and survive a fast-shrinking market.

Oil fell on Monday, weighed down by trader concerns that the top U.S. commodities exchange could tighten enforcement of position limits and about a U.S. decision to impose special duties on Chinese tires.

A federal judge on Monday rejected Bank of America Corp's and the U.S. Securities and Exchange Commission's proposed settlement over Merrill Lynch & Co bonuses, describing the agreement as a contrivance that harms shareholders.

The French arm of U.S. electronics group Molex which has been the subject of violent protests from workers afraid they might lose their jobs, could be acquired by investment firm HIG Capital.

Serena Williams apologized on Monday afternoon for her inappropriate outburst towards a U.S. Open line judge during her match with Kim Clijsters in the tournament's semifinals.

Rich Americans who have evaded taxes by hiding foreign holdings have about a week to turn themselves in to an Internal Revenue Service amnesty program or gamble they will not be caught.

Noble Energy Inc has put North Sea assets up for sale that some Wall Street analysts value at up to $650 million.

Rich Americans who have evaded taxes by hiding their foreign holdings have about a week to decide whether to turn themselves in to an Internal Revenue Service amnesty program or gamble that they will not be caught.

French maths and computer science graduate Edouard d'Archimbaud thought he was about to start a lucrative and challenging career in finance when he walked through the doors of Lehman Brothers' London offices a year ago. Surprised to see crowds of journalists, staff and police in front of the building as he turned up for his first day on Sept. 15, 2008, it was only once inside that d'Archimbaud rea...

Direct Edge's applications to operate two stock exchanges appeared for public comment on the U.S. Securities and Exchange Commission's web site on Monday, bringing the privately held alternative venue a step closer to becoming a formal exchange operator.

U.S. stocks were little changed on Monday after the United States imposed special duties on Chinese tires, raising investors' concerns about trade friction between the two economic powers.

Industrial distributor W.W. Grainger Inc said it would record a one-time gain in the third quarter, following the completion of its tender offer bid for Japan's MonotaRO Co Ltd.

JPMorgan Chase & Co agreed to buy carbon offset aggregator EcoSecurities for 122.9 million pounds ($204 million) on Monday, trumping a bid from the firm's co-founder, to boost its carbon-credit trading business.

A new wave of documentaries at this year's Toronto International Film Festival poses a disturbing question: is environmental and social disaster on a global scale imminent and perhaps inevitable?

The U.S. Open men's singles final between Roger Federer and Juan Martin del Potro is scheduled for Monday 4:00 pm EST, according to the US Open website.

The dollar fell against the euro on Monday, erasing earlier gains, as investors looked past a United States versus China trade dispute and took on more risk. U.S. stocks pared losses .N, illustrating higher risk appetite and reducing safe haven demand for the dollar, as investors stuck to the theme of recent months of changes in risk tolerance driving dollar action.

President Barack Obama is at New York's Federal Hall on Wall Street today where he is addressing leaders of the financial community in a speech.