IBT Staff Reporter

Tens of thousands of protesters marched through central Bangkok Wednesday, demanding the resignation of the government. The demonstration threatened to set off a new round of political instability which may hamper the government’s three-year, $44 billion stimulus plan it unveiled last month.

Brian Moynihan, who heads Bank of America's (BAC.N) investment banking and wealth management divisions, is emerging as a potential successor to Chief Executive Kenneth Lewis, the Wall Street Journal said.

U.S. Interior Secretary Ken Salazar highlighted the potential of offshore wind power in the Atlantic Ocean at a public hearing in Atlantic City, signaling it could replace the amount of energy generated by 3,000 coal-fired plants.

U.S. securities regulators were considering proposed curbs on short selling at a meeting on Wednesday, weighing steps that could restrict a type of investing blamed by some lawmakers and executives for worsening the financial crisis and driving down share prices.

Cyberspies have penetrated the U.S. electrical grid and left behind software programs that could be used to disrupt the system, the Wall Street Journal reported on Wednesday.

Prime Minister Gordon Brown said on Wednesday the upcoming budget will contain environmental measures to aid recovery from recession, including creating thousands of green jobs.

The U.S. Securities and Exchange Commission voted unanimously on Wednesday to issue proposed curbs on short selling, including a return of the uptick rule, for a 60-day public comment period.

The General Assembly of UN announced today that it will convene a global summit in June to assess the impact of the world financial crisis on development.

Shares of Alcoa Inc rose more than 2 percent on Wednesday, as some analysts applauded the aluminum maker's cost cuts and results at its engineered products unit.

Shares of Alcoa Inc rose more than 2 percent on Wednesday, as some analysts applauded the aluminum maker's cost cuts and results at its engineered products unit.

Constellation Brands Inc posted a quarterly profit that just missed Wall Street estimates, as a 16 percent drop in wine sales in Europe during the holiday season offset a slight gain in North America, sending shares down 4 percent.

Stocks rose slightly on Wednesday after news of government aid for some life insurers and a merger among homebuilders spurred optimism that offset a quarterly loss from Alcoa .

Chrysler is working around the clock to complete an alliance with Italy's Fiat SpA that would also result in a new board for the U.S. automaker, Vice Chairman Jim Press said on Wednesday.

The trial in Oman of a Web moderator over criticism of the government in a popular Internet forum has led to calls for the Gulf Arab state to ease its grip on the media and improve business transparency.

U.S. securities regulators were considering proposed curbs on short selling at a meeting on Wednesday, weighing steps that could restrict a type of investing blamed by some lawmakers and executives for worsening the financial crisis and driving down share prices.

The staff of the U.S. Securities and Exchange Commission on Wednesday issued recommendations to restrict short selling. The full commission is expected to debate the issue shortly and vote on whether to propose the recommendations later today.

Cyberspies have penetrated the U.S. electrical grid and left behind software programs that could be used to disrupt the system, the Wall Street Journal reported on Wednesday.

Early ratings from beta testers of Windows 7 showed that users were four times more satisfied with Microsoft's new OS compared to Vista's early users, according to a poll of corporate IT professionals. The software firm has also agreed to allow Windows 7 customers to downgrade not just to Vista but also to XP.

U.S. mortgage applications rose last week, as demand for home purchase loans jumped even as interest rates edged up from recent record lows, data from an industry group showed on Wednesday.

Chrysler is working around the clock to complete an alliance with Italy's Fiat SpA that would also result in a new board for the U.S. automaker, Vice Chairman Jim Press said on Wednesday.

Dozens of Israelis from a Jewish settlement where a Palestinian killed a youth last week rampaged on Wednesday through a West Bank Arab village, smashing car windows and damaging homes, residents and medics said.

The European Commission on Wednesday unveiled plans to accelerate aid to developing countries hit hard by the economic crisis, warning that failure to act could pose a threat to global stability.

Constellation Brands Inc reported a quarterly profit that just missed Wall Street estimates, hurt by disappointing demand for alcohol in Europe and Australia during Christmas and New Year's, and gave a cautious forecast for the current year.

Somali pirates hijacked a U.S.-flagged, Danish-owned container ship on Wednesday with 20 American crew on board in a major escalation in attacks off the lawless Horn of Africa nation, officials said.

The trial in Oman of a Web moderator over criticism of the government in a popular Internet forum has led to calls for the Gulf Arab state to ease its grip on the media and improve business transparency.

Italy prepared on Wednesday to begin burying some of the 250 people killed in medieval towns flattened by a quake, while rescuers hampered by aftershocks hunted for people buried alive in the rubble.

U.S. President Barack Obama pushed Iraq's feuding factions to compromise on Tuesday, sounding a note of impatience as he said Iraqis should take responsibility for their country so U.S. troops could leave.

Shouting soldiers at a mass rally on Wednesday celebrated North Korea's defiant launch of a rocket, while Russia's foreign minister said any new punishment for Pyongyang could be counter-productive.

The Dow and the S&P 500 briefly turned negative on Wednesday after the U.S. Treasury Department outlined the status of its plans to aid insurers. The Nasdaq pared gains after rising more than 1 percent earlier.