Even for just trying to get a deal done, US stocks rebounded with modest gains after a day of volatility.

BlackBerry Chief Marketing Officer said the firm had taken one page ads to communicate with its consumer base.

Wal-Mart Stores Inc and Xerox Corp blamed each other for the glitch that caused food stamp recipients to go on an all-out shopping spree over the weekend.

Xerox Corp said the glitch that affected food stamp beneficiaries in 17 states was caused by a temporary shutdown of the system after a test was performed.

Senate Congressional leaders from both parties have progressed as to reaching a deal on the debt ceiling and the budget impasse.

Food stamp recipients went for a two-hour shopping spree in Louisiana after a glitch removed spending limits on their cards.

Stock markets in Europe fluctuated wildly amidst the uncertainty of the US finalizing budgets for its debt servicing and other governmental services.

Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.

KKR purchases Mitchell International from Aurora Capital for an undisclosed amount. Aurora Capital is a private equity firm managing over USD2 billion of assets based out of Los Angeles.

15 US states had been using risk assessment software to decide on handing out paroles to prisoner candidates, said a Wall Street Journal report.