IBT Staff Reporter

Sony Corp's Sony Music Entertainment will join the online music video service being developed by Google Inc's YouTube and Universal Music Group.

Kevin T. Kabat, the chief executive of Fifth Third Bancorp said Tuesday the firm is looking forward to consulting with regulators about repaying the government’s financial bailout funds after the firm said it had completed a common stock offering which raised $1 billion.

Global miners Rio Tinto and BHP Billiton said on Friday they will combine their major Australian iron ore operations, scuppering a $19.5 billion bid by China's Chinalco to secure a stake in Rio and long-term access to its key ore supplies.

General Motors Corp will give more than $2.5 billion of the $3.6 billion needed for Platinum Equity to gain control of bankrupt car parts supplier Delphi Corp , the Wall Street Journal said, citing a source.

Global miner Rio Tinto scrapped its proposed $19.5 billion tie-up with Chinese firm Chinalco on Friday and instead launched a heavily discounted $15.2 billion right issue.

Tesla Motors will open seven new sales and service centers by the end of June in the U.S. and Europe, the all-electric car manufacturer said today.

Energy Secretary Steven Chu addressed the community of Harvard University on Thursday for a commencement speech humorously calling himself a nerd.

The Arizona Cardinals have signed twice Pro Bowl safety Adrian Wilson on a fresh five-year contract, the team said on Thursday.

Harvard University is creating an endowed professorship in lesbian, gay, bisexual and transsexual studies, the first of its kind in the United States and reflecting a rise in sex-related academia nationwide.

President Barack Obama warned Americans on Thursday who have not prepared for the June 12 transition to digital television that their TVs could go dark if they do not get a converter box soon.

South Carolina's top court on Thursday ordered Governor Mark Sanford, a fierce critic of President Obama's economic stimulus program, to take $700 million in federal stimulus money.

News that Trump Entertainment Resorts terminated the sale of one of its Atlantic City casinos has piqued the interest of two to three qualified buyers, said the company's chief executive in an interview.

Nokia Siemens Networks and Juniper Networks Inc said on Thursday they plan to create a joint venture aimed at the carrier Ethernet market, one of the remaining growth pockets in the shrinking telecommunications equipment market.

The Walt Disney Co, Hearst Corp and NBC Universal are in talks to create a new corporate entity comprising the 10 cable channels the three companies own jointly, including A&E, Lifetime and History.

Bank of America Corp is forcing out Chief Risk Officer Amy Woods Brinkley, after a surge in credit losses led to a government bailout and an order by regulators to raise $33.9 billion of capital.

Leading Chinese telecommunications and networking company Huawei technology reportedly intends to buy some assets in Nortel's holdings, according to a Chinese media's report.

Chinalco may walk away from its planned $19.5 billion deal with Rio Tinto following weeks of wandering over the terms of the transaction.

Share India’s Satyam Computer Services Ltd fell on Thursday after Tech Mihandra said it will repay its 3 billion rupee loan or $64 million in net proceeds, which had raised from state-run bank in February.

An Internet service provider with links to Eastern Europe has been unplugged after it was suspected of being behind computer intrusions at NASA and sending massive amounts of malicious spam, the Federal Trade Commission said on Thursday.

Hulu could start charging for some of its online video content, News Corp's new digital director said, although research shows consumers are not ready to pay.

News that Trump Entertainment Resorts terminated the sale of one of its Atlantic City casinos has piqued the interest of two to three qualified buyers, said the company's chief executive in an interview.

The outbreak of the new H1N1 flu virus has begun to wane with the start of summer in North America, and U.S. health officials said on Thursday they are looking to lessons learned as they prepare for its return in the autumn.

Global health officials underestimated the risk that pig herds might be a source of new influenza strains, choosing instead to focus on the threat of bird flu, researchers in Mexico said on Thursday.

The Obama administration stepped up its push for tougher bank and financial firm rules on Thursday, scheduling a briefing for lobbyists, with a focus on insurance oversight, and sending a top regulator to a Senate hearing to discuss plans for regulating derivatives markets.

Akira Kubota replaced Shizuo Takashino as board chairman of Sony (China) Co. Ltd. on June 1, 2009, Sony China said in a statement.

Stocks rose on Thursday as a brokerage's upbeat view on U.S. banks drove a run-up in financials, while soaring prices of oil and other commodities lifted natural resource companies on bets the economic slump is waning.

Canada's telecoms watchdog will continue to keep Internet and cellphone-based broadcasting services out of its regulatory reach, the agency announced on Thursday.

Canada's telecoms watchdog will continue to keep Internet and cellphone-based broadcasting services out of its regulatory reach, the agency announced on Thursday.

Actor David Carradine, star of the 1970s U.S. television show Kung Fu, was found naked and hanging dead from a rope in the closet of his luxury Bangkok hotel room on Thursday, Thai police said.