IBT Staff Reporter

Samsung Electronics Co overtook Apple Inc as the world's top smartphone maker in the July-September period with a 44 percent jump in shipments, and forecast strong sales in the current quarter in a clear warning to its rivals.

Stocks edged lower on Friday as investors paused following a powerful rally that propelled the S&P 500 index almost 20 percent since briefly dipping into bear market territory earlier this month.

Whirlpool Corp, the world's largest maker of household appliances, will cut production and axe about a tenth of its workforce in North America and Europe, as demand softens for big-ticket items like washing machines and fridges.

Whirlpool Corp., the world's largest maker of household appliances, will cut production and axe about a tenth of its workforce in North America and Europe, as demand softens for big-ticket items like washing machines and fridges.

U.S. consumer sentiment improved in October for the second month in a row as consumers felt more upbeat about the economy's prospects, a survey released on Friday showed.

Merck & Co. announced on Friday that its net income grew to $1.69 billion from $372 million in the prior-year quarter, as gains from the company's diabetes and asthma medication offset losses from their Remicade and Simponi treatments for inflammatory diseases.

The two-tier wage system for unionized workers is not a viable structure for Chrysler Group LLC, and the U.S. automaker said it would like to find a long-term solution by the next round of labor talks in 2015.

Taking classes during the third trimester of pregnancy may help.

Michele Bachmann broke from opponents Herman Cain and Rick Perry on Friday, saying she would not support a flat tax because Ronald Reagan didn't support it.

Game Seven of the World Series will be held tonight in St. Louis. Here are five more great championship deciding, do or die, win or go home, name any other sports cliche you can think of seventh games.

Metro AG could become the latest European retailer to warn on profits next week, piling pressure on the German group to sort out a successor to Chief Executive Eckhard Cordes.

U.S. consumer spending rose in September as Americans saved less to fund purchases amid weak income growth, which could cast doubts over the durability of the third-quarter's economic growth spurt.

Coventry Health Care Inc , a health insurer, posted a lower quarterly profit that just beat analysts' estimates, but raised its full-year outlook for a third time -- although this is still below market consensus.

Euro zone interest rates will very likely remain on hold next week as the European Central Bank navigates the transition to new leadership, with an anti-crisis plan forged by EU leaders taking some heat off monetary policymakers.

Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business.

An agreement by a private equity firm to buy Mosaid Technologies for C$590 million ($594 million) includes core wireless patents controlled by the Ottawa-based target company as part of a recent deal with Nokia and Microsoft.

Stocks edged lower on Friday as investors took a breather from a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

Gary Johnson, the long-shot alternative to Ron Paul for the libertarian vote in the Republican primaries, has staked his campaign almost entirely on New Hampshire. But if he doesn't hurry up, his name might not even be on the ballot there.

A new biography, commissioned by Jobs himself, was just released and contains a frank portrayal of the prolific Apple CEO.

Sluggish growth in U.S. consumer income in September led households to cut back on saving to increase their spending, casting doubts over the durability of the economy's third-quarter growth spurt.

A recent poll seeking to gauge public understanding of climate engineering across the U.S., Canada and the United Kingdom has made a surprising discovery: 72 percent of respondents were favorably inclined toward exploring climate engineering and solar radiation management (SRM) options.

A team of computer security researchers recently developed a proof-of-concept 'spy' app for the iPhone 4 capable of tracking typing on a nearby keyboard using the device's native accelerometer and gyroscope. Even a basic, widely available mobile device such as the iPhone is sensitive enough to enable the app to pick up data such as whether the keystrokes come from the left or right side of the keyboard and the relative distance between punched keys.

Facebook will release the Trusted Friends and App Passwords security features on Facebook soon.

According to scientists at Hong Kong University, a new discovery indicates that star dust may have played a vital role in the development of life on our planet.

Canadian stocks looked set to open lower on Friday after rallying more than 2 percent on Thursday, as the investor optimism that followed Europe's latest debt crisis plan began to fade.

Whirlpool Corp , the world's largest maker of household appliances, is responding to recessionary demand in major developed markets by cutting jobs and manufacturing capacity, following a similar move by rival AB Electrolux .

From thousands of miles away, Chinese military is believed to have hacked American satellites between 2007 and 2008.

The icy planet that lead to Pluto's demoting in our solar system is now identified to be almost identical to the ex-ninth planet.

With the upcoming trailer of Grand Theft Auto V being released Nov. 5, rumors put the game's setting in Los Angeles.