IBT Staff Reporter

Investors are more confident in bonds from industrial companies than bank firms, according to data analysis released on Monday.

Youtube sticks on its privacy and policy where it has disabled upload and comments over a South Korean law requiring a users provide identification.

Asian shares rose to a six-month high on Tuesday after Goldman Sachs' stronger-than-expected profit signaled the worst could be behind for U.S. banks, emboldening investors to chase after riskier assets.

Even if rumors are off-base that Sun chief Executive Jonathan Schwartz is set to be replaced by chairman and co-founder Scott McNealy, Schwartz has “a lot riding on showing growth or an exit strategy,” an analyst says

Ford Motors shares were raise Monday after it planned to restructure its debt by 38 percent or $9.9 billion to bolster up its finance despite economic downturn and low demand.

Kaufman Bros. analyst Shaw Wu merited Apple by raising its stock target price, in a memo issued today the target price has been pushed to 27 percent from 120 to 152, identical to Caris & Co.'s Robert Cihra raised Apple stock target price from 120 to 150.

Boeing Co. shares fell more than 5 percent Monday, after a plan to cut its production schedule for 2010 due to the economic downturn and lower price demand, is likely just the beginning of a long downturn.

Yahoo shares rose Monday after reports that software maker Microsoft is discussing possible search and advertising partnerships with the Internet portal.

Intel Corp on Monday highlighted the combined work of its research arm and university staff and students to develop a Wireless Identification and Sensing Platform (WISP) that supports sensing and computing.

Chrysler's creditors plan to make a counteroffer to the U.S. Treasury this week, in which they might ask for equity in a firm combining Chrysler with potential partner Fiat SpA in exchange for concessions, the Wall Street Journal reported, citing people familiar with the matter.

Tech Mahindra, an Indian telecommunications outsourcing firm won a bid to buy Satyam Computer Services for $351 million.

The Obama administration is expected to name Fannie Mae Chief Executive Herb Allison to head the U.S. government's $700 billion financial rescue program, a source familiar with the matter said on Monday.

On Monday President Barack Obama said he believes his economic stimulus plan is beginning show fruits and more than 2000 transportation infrastructure projects have received approval.

On Monday the US Treasury Department told General Motors to make all necessary preparations for a possible bankruptcy filing by June 1, even though the troubled automaker insists it can restructure its business on its own, The New York Times reported.

Niklas Zennstrom and Janus Friis, the founders and creators of Skype, a free application allowing users to place free telephone calls over the Internet, are seeking a private equity firm to help them buy back the company from eBay Inc.

President Barack Obama is expected to tap Fannie Mae Chief Executive Herb Allison to head the U.S. government's $700 billion financial rescue program, The Wall Street Journal reported, citing people familiar with the matter.

A proposed buyout of eBay Inc's Skype led by private equity, including Warburg Pincus and Kohlberg Kravis Roberts, and the Web telephone company's co-founders is unlikely to be completed, the Wall Street Journal cited sources as saying on its blog on Monday.

On Monday Goldman Sachs showed yet another sign proving the recovery of banks after it beat Wall Street expectations with its $1.66 billion profit for the first quarter of 2009.

Amazon.com apologized Monday for an embarrassing and ham-fisted cataloging error that led to the sales ranking being removed from tens of thousands of books after being flooded with angry online comments, particularly on Twitter.com.

Former Qwest International Inc Chief Executive and convicted insider trader Joseph Nacchio appears headed for prison on Tuesday after a years-long legal battle marked by a litany of appeals and verdict reversals.

Goldman Sachs Group Inc posted much higher-than-expected first-quarter profit as it took more trading risk, and said it plans a $5 billion common share sale to help pay back government funds.

The eBay and StumbleUpon union stumbled on Monday after the social networking site's founders, Garrett Camp and Geoff Smith, said they bought back the company with a group of investors, including Accel Partners and August Capital.

On Monday Citigroup Inc's and Bank of America Corp's shares saw a very positive rise and both banks expect to report first quarter profits in the same line as what was forecast last week by Wells Fargo & Co.

Palm and Sprint are now hoping to launch the new Pre handset in May, according to a media report.

An estimated half billion loss at YouTube was predicted by an analyst with Credit Suise because it can't generate worthwhile income from advertising will be cleared next week as Google plans to hold a quarterly conference.

Iran has given Royal Dutch Shell (RDSa.L) and Repsol (REP.MC) until May 20 to clarify their involvement in a major gas project in the Gulf, a senior oil official was quoted as saying on Monday.

The eBay and StumbleUpon union came to an end on Monday after the social networking sites founders bought back the company, two years after being ebay bought them for $75 million.

President Barack Obama's energy czarina Carol Browner urged on Monday during an energy conference at the Massachusetts Institute of Technology, for Congress to pass an energy bill stating that the U.S. needs to become the world's leader in clean energy production and delay the rate of climate change.

General Motors Corp shares plunged 16 percent on Monday as traders shed positions out of fear the U.S. government will push the automaker into a bankruptcy that could wipe out existing equity.