IBT Staff Reporter

The bankrupt publisher of the Philadelphia Inquirer has run afoul of creditors over its

New car sales in Britain rose for a second consecutive month in August, helped by the government's

A U.S. district court awarded TiVo Inc, a maker of DVR boxes, nearly $200 million in damages in its long-running patent case with DISH Network Corp and EchoStar Corp.

As the 66th International Film Festival kicks off in Venice, the world premiere of

Daimler's (DAIGn.DE) chief executive told German newspaper Bild that the auto maker would perform better in 2010 and was set to achieve significantly more than 4 billion euros ($5.71 billion) in savings in 2009.

Most major U.S. airlines reported another month of declining traffic in August as rising unemployment hurt leisure demand and corporate cost cuts continued to hamper business travel.

Deep in the heart of Texas, a Chevy dealership is almost empty of super-sized trucks and full of promise for the battered U.S. auto industry.

Oil prices were little changed on Friday as stronger equities boosted hopes for economic recovery, outweighing U.S. jobs data that showed the unemployment rate at a 26-year high.

Finance leaders clashed on Friday over how to stop banks plunging the world into another crisis.

Stocks climbed on Friday as investors focused on the bright side of a mixed payrolls report that showed smaller-than-expected job cuts in August but also an unemployment rate that hit a 26-year high.

Recession Worries Persist; Escalating Pressure at GM; Pivotal Trade Decision

Chris Waddell wants to climb Kilimanjaro in a wheelchair; George Del Barrio wants to make a film in Cambodia; Jeff Edwards wants to write a book about a science fiction writer: they want you to fund their dreams.

Comments that the World Trade Organization on Friday backed a U.S. complaint against European Union aid to plane maker Airbus are wrong and misleading, EU sources with knowledge of the WTO ruling said.

A photo taken of Marine Lance Cpl. Joshua M. Bernard of New Portland, Maine in Afghanistan and published by the Associated Press has caused much controversy.

Biogen Idec said on Friday it had offered to acquire Facet Biotech Corp, a partner in developing multiple sclerosis and cancer drugs, in a deal valued at about $355 million.

The U.S. Federal Housing Administration said on Friday it would not need a congressional subsidy even if mortgage-related losses push its reserves below a level demanded by Congress.

Shares of memory chip developer Rambus Inc rose 8 percent on Friday on speculation that rival Samsung Electronics would buy the company for $25 to $27.50 per share.

The World Trade Organization ruled on Friday that billions of dollars in European loans to help Airbus develop civilian aircraft are an illegal subsidy under world trade rules, a person familiar with case said.

Stocks gained ground on Friday after a mixed payrolls report failed to rattle investors as U.S. job losses in August were the smallest in a year, although the unemployment rate hit a 26-year high.

Investment bank Barclays Capital has shifted its trading of U.S. Northeast carbon allowances to its London desk after a trader in New York left the company, the bank's head of environmental markets said.

People who have agonized over their fat thighs might be able to relax a bit -- Danish doctors said on Thursday they found patients with the thinnest thighs died sooner than the more endowed.

The World Trade Organisation on Friday issued a 1,000-plus page ruling on whether subsidies the EU gave to Airbus were illegal, although the findings will not officially be made public for months.

Prime Minister Silvio Berlusconi's grip on television in Italy is at the heart of

Two generations of Murdochs have caused a wave of excitement in the battered newspaper industry in recent weeks with a series of comments and actions suggesting that charging readers for news on the Web is the way forward.

China's far-west Xinjiang region has been struck by a new bout of unrest in the regional capital, Urumqi, reigniting ethnic tensions two months after deadly riots.

H&R Block Inc posted a wider-than-expected quarterly loss on Friday, hurt by higher expenses in tax services segment, and said it expects tax returns filed to fall about 1 to 2 percent in the coming tax season.

Oil prices rose slightly on Friday as stronger equities boosted hopes for economic recovery, outweighing U.S. jobs data showed the unemployment rate at a 26-year high.

Mohamed El-Erian, the chief executive of top bond fund PIMCO, said in an interview on Friday the risk of stalled economic growth in 2010 is increasing, given a still-weak labor market.

Actor Nicolas Cage plays a deranged, drug-addicted detective in