IBT Staff Reporter

Dow Chemical Co reported a fourth-quarter loss on Tuesday, as sales dropped 23 percent and volumes fell sharply amid the global economic crisis.

Inflation at factory level has continued declining in December, posting its fifth consecutive month on month drop, after having peaked in May, according to data released by Eurostat.

About 20 million of China's migrant workers have lost their jobs, increasing the threat of social instability, a senior official said on Sunday.

Somali Pirates who seized a German gas tanker in the Gulf of Aden are demanding $6 million for the vessel's release, sources told Deutsche Presse-Agentur dpa on Monday.

The 23 year old Olympic gold medalist and Towson native Michael Phelps apologized for regrettable behavior after a photo of him smoking a marijuana pip

On Monday at the African Union summit in Addis Ababa, Libyan leader, Moammar Gadhafi, was elected leader of the African Union, a position he has long sought.

President Barack Obama announced Monday that Ron Sims will be nominated as deputy secretary of the U.S. Department of Housing and Urban Development.

On Monday, Google announced new additions to the 5.0 edition of Google Earth, including ocean mapping, historical imagery, touring, and the addition of Mars terrain.

On Monday, Google announced new additions to the 5.0 edition of Google Earth, including ocean mapping, historical imagery, touring, and the addition of Mars terrain.

San Francisco's Bay Area Rapid Transit (BART) has finalized an agreement with WiFi Rail to install and provide WiFi connectivity on all BART commuter trains.

San Francisco's Bay Area Rapid Transit (BART) has finalized an agreement with WiFi Rail to install and provide WiFi connectivity on all BART commuter trains.

Automaker Chrysler LLC is offering another round of buyout and retirement incentives to hourly workers, a union official said according to the Associated Press

Scott Ruffalo, brother of actor Mark Ruffalo, who died a month ago by a gunshot to the head was reported to have had very slight traces of cocaine, morphine and alcohol in his system at the time of his death by People magazine.

Valkyrie held on to the mantle of top Hollywood film overseas thanks to an estimated $18.6m haul from approximately 3,900 screens in 26 markets that boosted the running total through Fox International to $38.9m.

Macy's Inc. announced today it will cut 7,000 jobs, reduce its quarterly dividend and change its operating structure as a strategy to increase sales, profitability and reduce costs. The company plans to reduce expenses by approximately $400 million per year beginning in 2010, and $250 million in 2009.

Humana Inc rose on Monday after the second biggest health insurer in the U.S. unveiled an optimistic forecast for 2009.

London was immobilized Monday by the biggest snow storm to hit the city in 18 years, according to the Britain's Meteorological Office.

Basketball great Shaquille O'Neal, rock 'n' roller Jon Bon Jovi, comedian Jerry Lewis and civil rights activist Paul Robeson have been elected to the New Jersey Hall of Fame.

Microsoft will soon eliminate a tool that blocks updates to its Windows XP and Windows Vista operating systems, according to a company blog, forcing users who have since resisted software updates to finally update.

Microsoft will soon eliminate a tool that blocks updates to its Windows XP and Windows Vista operating systems, according to a company blog, forcing users who have since resisted software updates to finally update.

The three-month moving average of worldwide sales of semiconductors declined by 21.9 percent in December 2008 to $17.41 billion, compared to sales of $22.28 billion in December 2007, according to the Semiconductor Industry Association (SIA).

The three-month moving average of worldwide sales of semiconductors declined by 21.9 percent in December 2008 to $17.41 billion, compared to sales of $22.28 billion in December 2007, according to the Semiconductor Industry Association (SIA).

Vanessa Hudgens won't be starring in Twilight sequel New Moon - because the part she reportedly auditioned for will not happen until the third movie.

Suspense over a possible strike at U.S. refineries continued as the United Steelworkers union prolonged talks with companies on Monday for a new contract involving thousands of workers across the country.

Suspense over a possible strike at U.S. refineries continued as the United Steelworkers union prolonged talks with companies on Monday for a new contract involving thousands of workers across the country.

Jennifer Hudson delivered an outstanding performance at Sunday night's Super Bowl, but American Idol music director said the singer had lip-synched the national anthem.

Alanis Morissette, Raphael Saadiq, and KT Tunstall are among the artists who will appear on Live From the Artist's Den, a new show the will debut on public television stations.

Consumer spending dropped for the sixth straight month in December to 1 percent, as Americans begin saving more amid tough economic times, according to a new report from the U.S. Commerce Department said Monday.

Spy thriller Taken snatched the top box office spot this weekend, raking in $24.6 million and helping fuel the first $1 billion in January ticket sales in Hollywood history.