IBT Staff Reporter

China's top search engine, Baidu Inc, plans to begin monetizing its mobile search traffic and social media platforms this year in an effort to boost growth outside its traditional PC domain, Baidu's chief executive said on Friday.

One-legged millionaire Thomas Hartmann sentenced to 60 days in prison after hitting woman in the head with his Rolex watch.

New York state education officials and the state's teacher unions made a deal for teacher evaluations hours before a deadline set by Gov. Andrew Cuomo.

Hank Morris, who was convicted for his role in an extensive pay-to-play pension scam, will face at least another year in prison after being denied bail.

A computer science teacher with a previous history of sexual abuse was arrested Thursday on charges that he allegedly sexually abused two boys at the Queens elementary school where he worked.

A U.S. judge intends to schedule a retrial for this June between Oracle Corp and SAP AG over copyright infringement allegations, according to a court filing.

Chip-equipment maker Applied Materials expects a strong recovery in the second quarter, as orders pick up in an industry beset by a year-long slump.

Demand Media, which went public just over a year ago, promised its shareholders that revenue growth would accelerate by the second quarter after it reported a fourth-quarter net loss due to costs for improving its platforms.

The U.S. Postal Service warned it could become a long-term burden on taxpayers absent legislative change, as the cash-strapped agency put pressure on Congress to allow it to end Saturday delivery and to tap into a retirement-account surplus.

Chip-equipment maker Applied Materials expects a strong recovery in the second quarter, as orders pick up in an industry beset by a year-long slump.

Republican critics of a Senate cybersecurity bill want to slow down consideration of the measure, saying it could give government too much power over private-sector infrastructure companies.

Vale , the world's largest iron ore producer, said on Thursday it is selling 80 percent of its ore using spot prices, nearly completing a historic shift to market-based pricing for the principal raw material used in steel.

Exchange operator Nasdaq OMX is trying to gain support for a legislative proposal that would give it a competitive edge over both rival exchanges and banks that operate anonymous trading venues known as "dark pools."

Apple Inc, Google Inc and their vendors must do more to protect children using iPhones and other mobile devices to read or play games, U.S. trade regulators said, and warned they may punish software makers that secretly collect data on kids.

Apple Inc, Google Inc and their vendors must do more to protect children using iPhones and other mobile devices to read or play games, U.S. trade regulators said, and warned they may punish software makers that secretly collect data on kids.

The Postal Service warned it could become a long-term burden on taxpayers absent legislative change, as the cash-strapped agency put pressure on Congress to allow it to end Saturday delivery and to tap into a retirement-account surplus.

The Postal Service warned it could become a long-term burden on taxpayers absent legislative change, as the cash-strapped agency put pressure on Congress to allow it to end Saturday delivery and to tap into a retirement-account surplus.

Vale SA , the world's No. 2 iron-ore producer, raised its outlook for legal losses nearly five-fold to $22.4 billion as courts moved closer to allowing Brazilian tax authorities to levy overseas investments.

China's top search engine, Baidu Inc, beat Wall Street's earnings estimates as its revenue grew more than 80 percent year-on-year in the fourth-quarter.

The new U.S. Consumer Financial Protection Bureau released a proposal to regulate about 200 debt collectors and companies that produce credit reports as part of an effort to extend its oversight beyond the banking industry.

The S&P 500 hit a nine-month high on Thursday, fueled by strong U.S. economic data and increased hopes for a deal on a Greek bailout next week.

The lawsuit, filed in the U.S. District Court of Delaware, accused each company of violating 15 different patents related to wireless network services, both individually and through interoperability agreements among the wireless carriers.

Billionaire financier Ron Perelman and his longtime former business partner and one-time best friend Donald Drapkin have kissed and made up, at least in the legal sense, weeks after going to trial.

The number of Americans filing for new unemployment benefits unexpectedly fell to a near four-year low last week, suggesting the labor market recovery was quickening.

Groupon Inc Chief Executive Andrew Mason said on Thursday that the company's location-based service Groupon NOW will likely not be a material contributor to results in the next one or two quarters.

Telecoms providers should be able to raise prices charged to rivals for using their networks to help spur investment in faster fiber optics, industry body ETNO said on Thursday.

A plan by a PIMCO investment fund to take an ownership stake in a small North Carolina bank has run into a problem with U.S. bank regulators.

Europe needs to take the reins to tackle its debt crisis and prevent a spread that could damage the global economy, senior U.S. officials said on Thursday, as they stressed that more funding from international lenders is not what Europe needs.

Feb 16, Reuters - Intellectual Ventures, a privately held patent holding company co-founded by a former Microsoft Corp executive, sued three of the four top U.S. mobile providers for patent infringement.