COMPANIES

Abercrombie and Fitch posted a higher-than-expected quarterly profit as teenagers, both in the United States as well as in international markets, readily shopped at its stores for jeans, T-shirts and other staples.

World equities rose on Wednesday, lifted by strong outlooks and results from U.S. retailers, while crude oil gained on a larger-than-expected decline in U.S. gasoline supplies.

Warren Buffett and Howard Schultz want to change the conversation about how to fix the United States' economic woes. But their solutions - more taxes on the rich and a boycott on political donations - risk falling on deaf ears among fellow business leaders.

Striking Verizon workers will lose health benefits on Aug. 31 if they are still on picket lines, the company has confirmed.

Ford is at it again in social media-- this time unveiling a new Facebook-based countrywide mileage challenge.

A faction of the 45,000 Verizon employees on strike is planning on protesting a New York Department of Education meeting on Wednesday.

Consumers aren't touching HP's TouchPad tablet. Best Buy is sitting on 200,000 unsold TouchPads and wants to send them back to the company.

A chemistry student, suspected of planning a gas attack against protesters opposing a visit by Pope Benedict XVI, has been arrested by the Spanish police.

A Philadelphia man has been murdered after his ex-girlfriend, and the mother of his child, posted a note on Facebook promising $1000 for killing him.

Authorities found the remains of the 3-year-old Missouri girl Breeann Rodriguez, who went missing for more than a week, on Tuesday, near a series of floodway ditches about eight miles southeast of the girl's family's home in Senath. A suspect from the girl's neighborhood Shawn Morgan, who was arrested on Saturday, has confessed that he had suffocated the child with a plastic bag before dumping her body in the ditch.

Chinese online video company Tudou Holdings Ltd (TUDO.O) priced shares in its initial public offering within the expected range on Tuesday, even though investor sentiment toward U.S.-listed Chinese stocks and the recent stock market turmoil had suggested it would be difficult.

Housing stock on the market has climbed 22% since last year, SQM Research has revealed.

Google's monster purchase of Motorola Mobility has made it clear: The digital future is all about portability.

First Solar Inc (FSLR.O) on Tuesday said the head of its utility systems business, Jens Meyerhoff, is leaving the company, effective Sept. 30.

Google's $12.5 billion purchase of Motorola Mobility Holdings, widely considered a mobile phone also-run, took the technology world by surprise on Monday.

New research has indicated it now takes the average couple more than four years to save a deposit for their first home.

Verizon has threatened to pull the benefits of 45,000 striking workers on Aug. 31.

A lack of pipeline scheduling in West Coast markets sent fuel prices down on Monday, dealers said.

U.S. stocks fell on Tuesday after three days of gains when a meeting between the heads of France and Germany failed to quell fears about euro zone leaders' ability to contain the region's sovereign debt woes.

A spokeswoman for the Communications Workers of America, (CWA) representing 35,000 of a total 45,000 strikers, said the union "does not condone illegal action of any kind," as the nine-day-old strike continues to flare a number of emotions among union workers.

The company said the replacements are handling customer service and network operational duties.

A spokeswoman for the Communications Workers of America, (CWA) representing 35,000 of a total 45,000 strikers, said the union "does not condone illegal action of any kind," as the nine-day-old strike continues to flare a number of emotions among union workers.

Solar panels are a proclaimed wave of the future, but today Evergreen Solar Inc., filed for bankruptcy listing $485.6 million in debt.

Sales at Wal-Mart Stores Inc's U.S. discount stores open at least a year fell 0.9 percent during its second quarter, marking the ninth straight quarterly decline as it tries to lure back bargain hunters.

Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's little more than a week ago.

Old Navy announced its entry into the lucrative sports apparel market with its Superfan Nation, an in-store shop set to debut later in August

Wal-Mart's big box retailing strategy has peaked as consumer shopping habits are changing.

Wal-Mart posted higher profits, but the company is dealing with a protracted slump in U.S. same-store sales, as shopping habits shift.

The strike of 45,000 Verizon land line employees continued onto its ninth day on Monday, as groups across the country picketed in front of Verizon stores. IBTimes was on the scene to capture a group of picketing Verizon workers in Lower Manhattan.