IBT Staff Reporter

Bank of America had a role in the payment of bonuses worth $4 billion that Merrill Lynch approved for its executives ahead of the brokerage's sale to BofA, the Financial Times reported Sunday.

Pharmaceuticals giant Pfizer Inc will acquire Wyeth in a $68 billion cash and stock deal -- the biggest U.S. merger in three years -- to create a diverse health products company which executives hope will deliver stable growth to investors, the companies said on Monday.

Drugmakers Pfizer and Wyeth are close to sealing a deal worth $68 billion in a cash-and-stock deal that could be announced before the markets open Monday, according to reports.

Chrysler LLC urged its U.S. dealers on Sunday to cut costs and order more of its vehicles as the automaker moves to secure additional government aid.

Actress Zsa Zsa Gabor has lost as much as $10 million as a result of fraudulent investor Bernard Madoff 'Ponzi' scam, according to her attorney, Chris Fields.

Brooklyn stage manager, Arthur Moreira, in the NBC show Lipstick Jungle was arrested Friday for allegedly stealing designer bags and clothing from the show, worth of $30,000 and trying to sell them on eBay, authorities said.

Actress Penelope Cruz has said she wants to leave Los Angeles and divide her time between New York and Madrid, a report said Saturday.

Britain's Prince Harry has split with his girlfriend Chelsy Davy after a five-year relationship, British media reported Saturday.

A U.S. commercial airline pilot called a national hero for successfully landing a disabled jet in New York’s Hudson last week on Saturday made his first public comments since the incident.

Bank of Americas' shareholders are filing lawsuits against the company, its chief executive Kenneth Lewis and former Merrill Lynch CEO John Thain, claiming they weren't told about the true financial condition of Merrill Lynch before the banks merged in December.

Molly Ringwald, who plays the anxious mother of a pregnant teen on The Secret Life of the American Teenager, is expecting twins of her own, according to reports.

Katie Holmes has joined the lineup of stars scheduled to appear as a presenter at Sunday's 2009 Screen Actors Guild Awards.

McDonalds Corp, in contrast with struggling competitors and the overall retail market, plans to expand greatly in 2009 in Europe, a senior executive said on Friday.

Intel Corp. announced Friday that Craig Barrett intends to retire as non-executive chairman in May after serving the company for 35 years and helping it become the world's largest chip maker.

Mickey Rourke said, Change has been hard for me, despite the movie The Wrestler resurrected his career and earned him a Golden Globe award and an Oscar nomination for his portrayal of an aging, bad-boy wrestler.

Saturday morning, January 24, at the age of 66 - Kay Yow died at WakeMed Cary Hospital after being admitted there last week, according to the University spokeswoman Annabelle Myers.

Toyota Motor Corp, now the biggest automaker in the world, may cut its vehicle production in Japan about 60 percent in the month of April due to slumping demand for cars, reported Reuters quoting the Tokyo Shimbun newspaper.

We're very big fans of cruising – but only on the most luxurious ships: Silversea, Regent, Oceania, Seabourn, SeaDream Crystal and Windstar

Today, Hundreds of football fans flock to the NFL Experience, the league's interactive gaming park outside of Raymond James Stadium at Tampa, Florida.

Verizon Wireless' touch-screen VoIP phone that can receive text messages and use Web-based widgets is coming.

Three people have been detained by police in the Bahamas as suspects of an extortion plot against John Travolta.

On Saturday tens of thousands of children picked up their school bag once again and headed for school.

A report says that Asia and Latin America's Computer networks are the most hit by a fast-spreading computer virus.

On Saturday a suicide car-bomb attack near an African Union peacekeepers' base killed 14 people in the Somali capital.

Today it’s easy to find, all T-Mobile Retail and eligible Retail Partner locations nationwide offer the T-Mobile G1 - based on Google's Android OS. Because of rush of demand, T-Mobile wants to make this smartphone more widely available whether you live in a 3G market or not.

Today, Saturday, Macintosh is celebrating its silver anniversary, Apple Macintosh turns 25.

Miss world Finalist Mariana Bridi da Costa whose feet and hands were amputated due to an infection has died Saturday after struggling for weeks against the illness.

The company's nearly 30-year-old Flight Simulator series Game Studio has come to an end Microsoft said.

Friday, Herman Edwards the head coach of the Kansas City Chiefs was fired after three seasons.