IBT Staff Reporter

Google Inc CEO Eric Schmidt said the economic storm will affect all forms of advertising, including the online ads that Google depends on, but said that he doesn't expect Google to experience a decline in revenue.

The Toronto Airport Marriott recently completed a 12-million dollar renovation aimed at revitalizing their guest rooms, meeting space, restaurant, lounge and lobby.

Google Inc's YouTube and Universal Music Group are in talks to create a premium online music video service, sources familiar with the situation said on Wednesday.

In a grimy part of eastern Paris a morning editorial conference is underway, similar to the planning meetings that go on in newsrooms everywhere, except this one is being blogged live and readers can join in.

New York state's top legal officer issued subpoenas on Wednesday to seven executives who received tens of millions of dollars in 2008 pay from Merrill Lynch & Co before it was taken over by Bank of America , a person familiar with the investigation said.

Switzerland's largest bank held its ground on Wednesday in a dispute with the U.S. government, refusing to disclose the names of tens of thousands of rich American clients suspected by U.S. authorities of using secret Swiss bank accounts to dodge U.S. taxes.

Seoul shares are set to rise on Thursday after solid gains on Wall Street, with news that an additional Chinese stimulus package is in the works likely to boost sentiment and eyes on the won currency.

International cable supplier, Eland Cables, achieved the highest ever rank of any electrical cable supplier, taking home the ‘Best Companies to Work for’ in 2009 from The Sunday Times.

Pakistani investigators were following important leads to identify who was behind the attack on the Sri Lankan cricket team in Lahore, Foreign Minister Shah Mehmood Qureshi said on Wednesday.

The Obama administration on Wednesday launched a $75 billion foreclosure relief plan, as new data showed one in five U.S. homeowners with mortgages owe more than their house is worth.

WASHINGTON/NEW YORK - The Obama administration on Wednesday launched a $75 billion foreclosure relief plan, as new data showed one in five U.S. homeowners with mortgages owe more than their house is worth.

Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.

Sprint announced Wednesday that the Palm Treo Pro (not to be confused with the Palm Pre) will be released on March 15 with a two-year contract.

Sprint announced the launching of Palm Treo Pro on March 15 of this year with a Windows Mobile 6.1 Professional on a 400 MHz processor from Qualcomm, and comes with Microsoft's standard suite of productivity and entertainment applications.

General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as investors worried about a possible downgrade of GE's credit rating and how its finance arm would get through the recession.

Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.

Ford Motor Co detailed debt restructuring initiatives on Wednesday, including conversion of debt to equity and two cash tender offers, that could retire up to $10.4 billion of the automaker's debt.

EA (Electronics Arts) has three options to come out for Need for Speed this summer. The Need for Speed SHIFT, Need for Speed NITRO and Need for Speed World Online.

The immediate outlook for U.S. growth is grim but forceful policy action will help end the country's year-long recession, top officials for the Federal Reserve said on Wednesday.

Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.

Royal Bank of Scotland said on Wednesday it plans to sell the retail and commercial banking businesses of newly-acquired ABN AMRO China, part of efforts to exit from these operations in Asia.

U.S. private companies hemorrhaged nearly 700,000 jobs in February and the service sector slump deepened as the year-old recession showed little sign of abating, according to data released on Wednesday.

TORONTO - Biovail Corp and its founder were so worried in 2003 that the drug company's quarterly results would not meet targets that they fabricated the effects of a fatal truck crash that destroyed a shipment of drugs, Canada's main securities regulator said on Wednesday.

Apple Inc iPhone and iPod Touch users can now read books on their devices using software from Amazon.com Inc's Kindle electronic reader, boosting shares of the online retailer 5 percent.

Oil settled nearly 9 percent higher on Wednesday after data showed an unexpected drop in U.S. crude stocks and an increase in gasoline demand.

General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as anxiety over a possible downgrade for GE and its finance unit was compounded by an investor lawsuit over a recent dividend cut.

U.S. Secretary of State Hillary Clinton said Wednesday she wanted to put on a serious track talks with Russia on a missile defense shield to counter nuclear threats from Iran.

BOSTON/CHICAGO - General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as anxiety over a possible downgrade for GE and its finance unit was compounded by an investor lawsuit over a recent dividend cut.

British luxury car makers have been defying the recession by unveiling glamorous new models...