IBT Staff Reporter

Wal-Mart Stores Inc needs to make its price-matching policies clearer and stop claiming in a television commercial that viewers can save more than $700 a year buying groceries in its stores, an advertising industry self-regulating group said on Monday.

Detroit's top-selling auto brands, Ford and Chevrolet, have almost eliminated a long-criticized gap with Toyota in new car quality, according to a closely watched survey released on Monday.

Information and news company Thomson Reuters announced Monday it plans to unify its dual listed company structure, listing shares only on the New York Stock Exchange and Toronto Stock Exchange.

Stocks suffered their worst one-day loss in two months, dropping the S&P 500 back into negative territory for the year on Monday in a broad-based sell-off, as investors reconsidered the health of the economy.

Bruce Rose, founder of hedge fund Carrington Capital Management LLC, and a pioneer in the roller-coaster market for mortgage credit, is set for the next phase of the housing crisis: recovery.

QLogic Corporation on Monday said its new 3100 Series Intelligent Ethernet Adapters features fast 10 Gb/sec Ethernet connectivity with optimizations to work in future data-center environments.

Iran's clerical leaders are said to be considering removing the position of the Supreme Leader and forcing the resignation of President Mahmoud Ahmadinejad, when the government said it had arrested the daughter and other relatives of former President.

Not a lot of goodness and cheer in the real estate industry these days.

LaSalle Investment Management has about $1.5 billion to $2 billion ready to use to buy U.S. commercial property for its investors but does not expect to pull the trigger for a few quarters.

The president of Citi Property Investors (C.N: Quote, Profile, Research, Stock Buzz) said on Monday he expected to retain his stake in troubled Austrian developer Atrium European Real Estate for at least 5-7 years, and that he was happy with the double-digit returns it yielde

Toxic real estate mortgages are holding the global economy to ransom and the banking sector will not return to health without a purge of its distressed property assets, the CEO of Citigroup Property Investors said.

Downtown Manhattan is poised for a powerful rebound in coming years despite Wall Street's downsizing and millions of square feet of new commercial real estate expected to come to market, a top Manhattan commercial real estate broker said on Monday.

Stocks fell on Monday as a sharp drop in oil prices prompted investors to sell some energy companies' shares, while a global forecast fueled worries about the sustainability of an economic recovery.

Anglo American rejected rival mining group Xstrata's merger of equals proposal on Monday, knocking a no-premium marriage and a combination with what it regards as Xstrata's inferior mines.

The Brazilian authorities said on Sunday that no signals from the black box have been detected by the search team.

China's top legislature reviewed for the first time a draft revision to the Law on Guarding State Secrets, underlining the cutoff of Internet or other public network access to the country's confidential information, the country's official news agency Xinhua reported on Monday.

China's Gome Electrical Appliances said on Monday it will raise at least HK$3.24 billion (US$417 million) through an investment from Bain Capital and a share sell.

Worldwide mobile services revenue will grow gradually by 2014 despite its 0.5 percent loss over the current market conditions according to research on Monday.

Kodachrome, the film brand touted as the stuff of memories, is about to become a memory itself as Eastman Kodak stops production due to overwhelming competition from digital cameras.

Ah, the pleasures of Palm Springs – sitting poolside, soaking up the sun and sipping on a cool drink. That’s the pampered Palm Springs that most Western New York vacationers think about when they hear the name of this Southern California desert oasis.

A quarter of U.S. employers have eliminated matching contributions to employee 401(k) retirement plans since September to save money amid the economy's downturn, according to research released on Monday.

Stocks fell on Monday as a sharp drop in oil prices weighed on energy company shares, while a global forecast fueled worries about an economic recovery.

A quarter of U.S. employers have eliminated or plan to cut matching contributions to employee 401 retirement plans to save money amid the economy's downturn, according to research released on Monday.

Changes headline, first 3 paragraphs to clarify that numbers also reflect companies planning changes to 401 plans

Nokia Siemens Networks said on Monday it hopes to close its $650 million acquisition of Nortel Networks' advanced wireless technology business by the third quarter of this year.

Nokia Siemens Networks said on Monday it hopes to close its $650 million acquisition of Nortel Networks' advanced wireless technology business by the third quarter of this year.

General Electric Co opposes any regulation that would force it to split off its hefty finance business, the conglomerate's chief executive said in a memo to staff on Monday.

Stocks fell further on Monday as investors fretted about the potential strength of an economic recovery, and falling commodity prices hit shares of energy and other natural resource companies.

Walgreen Co posted a steeper-than-expected drop in quarterly profit on Monday as it wrote down the value of items being taken off its shelves as part of store makeover aimed at winning over shoppers.