IBT Staff Reporter

Internet search engine Google said it would reshoot all Japanese pictures for its online photo map service, Street View, using lower camera angles after complaints about invasion of privacy.

Top mobile phone maker Nokia said on Wednesday France Telecom's Orange would sell its top model 5800 and exclusive music-package deal in Britain.

The European Commission imposed a record 1.06 billion euros ($1.45 billion) fine on chipmaker Intel Corp on Wednesday and ordered it halt illegal rebates and other practices to squeeze out rival AMD.

The European Commission imposed a record 1.06 billion euros ($1.45 billion) fine on chipmaker Intel Corp on Wednesday and ordered it halt illegal rebates and other practices to squeeze out rival AMD.

Economists surveyed by Reuters believe that U.S. retail sales outside the auto sector regained some strength in April, helped by Easter holiday shopping and moderately stronger consumer confidence.

Stock index futures pointed to a mixed open on Wall Street on Wednesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures flat and Nasdaq 100 futures down 0.1 percent at 4:40 a.m. EDT.

The U.S. dollar fell to a four-month low on Wednesday, its safe haven appeal eroded by optimism about a global economic recovery and concerns about the United States' fiscal health.

Britain unveiled plans to cap ownership of the digital radio spectrum among mobile phone companies, aiming to settle a long-running dispute and fulfill the government's target of providing universal broadband.

British mobile phone companies could be forced to cap the amount of spectrum they own under a proposal aimed at settling a long-running dispute and fulfilling the government's target of providing universal broadband.

The U.S. dollar fell to a four-month low on Wednesday as optimism about a global recovery and concerns about U.S. fiscal health reduced its safe haven appeal, while oil prices near $60 a barrel helped energy shares push most Asian stock markets higher.

U.S. foreclosure activity in April jumped 32 percent from a year ago to a record high, and should mount because temporary freezes on foreclosures ended in March, RealtyTrac said on Wednesday.

Rio Tinto dropped as much as 5 percent, tracking its London shares lower, on growing speculation the global miner is set to launch a rights issue instead of selling $19.5 billion in stock and assets to China's Chinalco aluminum group.

Chrysler's bankruptcy may take as long as two years, instead of the two months that President Barack Obama suggested as a target, Bloomberg said, citing an administration official.

The Obama administration has commenced discussions on an initiative to change compensation practices in the financial-services industry, even at companies that were not recipients of federal bailout money, the Wall Street Journal said, citing people familiar with the matter.

IBM Corp is set to begin selling a long-awaited software aimed at helping companies analyze real-time data, ranging from traffic data to manufacturing processes, to find more efficient ways to run their business.

The U.S. dollar fell to a four-month low on Wednesday as optimism about a global recovery and concerns about U.S. fiscal health reduced its safe haven appeal, while oil held near $60 a barrel on hopes for more energy demand as inventories tighten.

Intel Corp's orders and billing patterns so far in the second quarter have been slightly better than expected, the chief executive of the world's largest chip maker said on Tuesday.

A second person pleaded guilty in a kickback scandal involving New York state's $122 billion pension fund, Attorney General Andrew Cuomo said on Tuesday.

Intel chief executive Paul Otellini said on Tuesday that the firm’s order and billing patterns in the current quarter are doing better than expected.

Ford Motor Co said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that its chief executive said was an important step toward getting profitable again.

Former U.S. Treasury official John Taylor said Tuesday the Federal Reserve may have to raise interest rates soon.

The International Monetary Fund (IMF) has urged European banks to be subjected to so-called stress tests to help restore confidence in the banking system.

Shareholders in Sprint Nextel Corp voted on Tuesday to give holders of 10 percent of shares outstanding the power to hold a special meeting, indicating they wanted a stronger voice.

All electric automaker Tesla Motors said Tuesday the number of reservations for its Model S car has exceeded the company's expectations hitting 1,000 units over the weekend, according to a company spokeswoman.

The chief executive of Pacific Investment Management Company LLC expects “muted growth” in the next three to five years, in the wake of major changes to the world’s financial system and a shift to greater government regulation.

The world's largest chip equipment maker, Applied Materials Inc , posted a quarterly loss as cost cuts failed to fully offset a steep drop in revenue, and its shares fell 2.5 percent.

The two drugs used to treat the influenza should be used carefully and only when needed for the chronically ill, pregnant women and other vulnerable patients, global health officials said on Tuesday.

Freddie Mac, after battling plummeting home prices and a shaky economy, is seeking a $6.1 billion investment from the U.S. Treasury after reporting a first quarter losses.

The United States won election to the U.N. Human Rights Council for the first time on Tuesday, joining 17 other nations picked for the body, after the Obama administration ended a U.S. policy of boycotting it.