IBT Staff Reporter

Oil fell more than 2 percent to around $71 a barrel on Monday as a drop in China's key stock dented optimism about the pace of economic recovery and the U.S. dollar strengthened.

Aug 31, 2009

For all the attention heaped on Jon Hamm and the male cast of

Aug 31, 2009

The new H1N1 swine flu is estimated to have infected about 800,000 people in New York City in the spring, a top U.S. health official said on Sunday, citing a study due to be released later this week.

Aug 31, 2009

Environmentalists campaigning against climate change said on Monday they would attempt to shut down German utility E.ON's power station at Ratcliffe in central England in a mass action planned for October.

Aug 31, 2009

People who are heavily in debt are more likely to be heavy themselves, too, according to new research from Germany.

Aug 31, 2009

In the battle of horror franchises,

Aug 31, 2009

The day after U.S. Senator Edward Kennedy's burial, leading Democratic and Republican senators on Sunday seized on his reputation for compromise to call for cooperation in the healthcare debate but showed little give in their own positions.

Aug 31, 2009

The Canadian dollar sank against the U.S. currency on Monday as the price of oil dropped on weaker Chinese and European equities, stoking concerns about the pace of economic recovery.

Aug 31, 2009

BARCELONA - AstraZeneca and Boehringer Ingelheim both unveiled strong results for new heart drugs at the European Society of Cardiology congress at the weekend -- but neither is guaranteed a home run with regulators.

Aug 31, 2009

Fewer Americans are afraid that they will be unable to pay for healthcare services and fewer expect to postpone medical treatments due to costs, according to a Thomson Reuters survey published on Monday.

Aug 31, 2009

U.S. phone company AT&T (T.N) is in talks to buy a stake in Indian state-owned telecoms firm Bharat Sanchar Nigam Ltd [BSNL.UL], the Economic Times said on Monday, citing unnamed sources with knowledge of the development.

Aug 31, 2009

NEW YORK - U.S. stock index futures pointed to a lower open on Monday as Chinese equities dropped sharply and commodities fell on concerns that asset prices have run ahead of the economic realities.

Aug 31, 2009

Stock index futures pointed to a lower open on Monday as Chinese equities dropped sharply and commodities fell on concerns that asset prices have run ahead of the economic realities.

Aug 31, 2009

Stock index futures pointed to a lower open on Monday as Chinese equities dropped sharply and commodities fell on concerns that asset prices have run ahead of the economic realities.

Aug 31, 2009

The U.S. economy does not need a second fiscal stimulus package, instead the government should cut spending over the next two years, according to a survey of business economists released on Monday.

Aug 31, 2009

Oil fell more than 2 percent to around $71 a barrel on Monday as a drop in China's key stock index stoked worries about the pace of economic recovery and a revival in energy demand.

Aug 31, 2009

New York Federal Reserve President William Dudley said on Monday it is too early to talk about curtailing the central bank's long-term security purchases while the economic recovery is fragile.

Aug 31, 2009

U.S. billionaire Warren Buffett intends to raise his stake in Chinese electric car and battery maker BYD Co Ltd , BYD's chairman said on Monday, sending shares in his company up 8 percent.

Aug 31, 2009

Samsung Electronics Co Ltd, the world's second-largest mobile phone maker, said on Monday it would open an online store for smartphone applications on September 14 in Europe.

Aug 31, 2009

New York Federal Reserve President William Dudley said on Monday it is too early to talk about curtailing the central bank's long-term security purchases while the economic recovery is fragile.

Aug 31, 2009

Hurricane Jimena, a dangerous Category 4 storm off Mexico's Pacific Coast, was on track to buffet resorts on the Baja California peninsula on Tuesday, the U.S. National Hurricane Center said.

Aug 31, 2009

More than a third of consumers in Western Europe will access the Internet using their mobile phones by 2014, according to a research report published by Forrester Research on Monday.

Aug 31, 2009

Advanced Micro Devices Inc ships a lower-power version of its Opteron server chip on Monday as it tries to expand its offerings for Web hosting companies.

Aug 31, 2009

Chinese stocks sank 6 percent to a three-month low on Monday, weighing on Asian shares, sapping investor willingness to take risks and giving the yen an added boost after Japanese voters swept the opposition into power.

Aug 31, 2009

U.S. stock index futures pointed to a lower open on Wall Street on Monday for the last session of the month, with futures for the S&P 500 down 0.78 percent, Dow Jones futures down 0.77 percent and Nasdaq 100 futures down 0.87 percent at 0825 GMT (4:25 a.m. EDT).

Aug 31, 2009

Bankrupt U.S. media group Tribune Co could emerge from bankruptcy in the autumn without a major overhaul of its present top management, the New York Times said, citing people briefed on the restructuring plans.

Aug 31, 2009

The Federal Reserve has made $14 billion in profits on loans made in the last two years, The Financial Times reported on Monday, citing officials close to the matter.

Aug 31, 2009

The five-day-old wildfire burning out of control in the Los Angeles foothills and forest claimed its first victims on Sunday, two firefighters whose vehicle plummeted off the side of a road.

Aug 31, 2009

Refugees who fled to China from armed clashes in northeast Myanmar are weighing a return to farms, homes and shops against fear of the Myanmar army, while both governments asserted that normality was returning.

Aug 31, 2009