IBT Staff Reporter

Sprint Nextel Corp shares fell more than 10 percent after a report that it committed to buy at least 30.5 million iPhones that would cost it about $20 billion in the next four years.

Oct 03, 2011

Sprint Nextel Corp (S.N) has agreed to buy at least 30.5 million iPhones over the next four years, involving a commitment of about $20 billion, whether or not its customers want to buy the devices, according to a Wall Street Journal story.

Oct 03, 2011

Synaptics Inc expects to return to revenue growth as the maker of touchpads for PCs shifts focus to touchscreen chips used in tablets and smartphones, its newly appointed CEO said.

Oct 03, 2011

Four years after her brutal murder, British student Meredith Kercher has been virtually forgotten as the media spotlight shifted to Amanda Knox, the fresh-faced American girl appealing against her conviction for killing her.

Oct 03, 2011

The Real Housewives of New Jersey star Jacqueline Laurita announced on Twitter that she was done with the show after one of her fellow castmates got set up.

Oct 03, 2011

An Italian court cleared 24-year-old American Amanda Knox and her former boyfriend of the 2007 killing of British student Meredith Kercher and ordered they be freed on Monday after nearly four years in prison for a crime they always denied committing.

Oct 03, 2011

American student Amanda Knox has been acquitted by an Italian appeals court of murdering and sexually assaulting her roommate Meredith Kercher.

Oct 03, 2011

U.S. auto sales rose almost 10 percent in September, allaying concerns of a double-dip recession as major automakers forecast stronger sales through the remainder of the year.

Oct 03, 2011

Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.

Oct 03, 2011

Devotees stab knives, umbrellas, and other objects through their cheek in honor of the Phuket Vegetarian Festival now underway in Thailand.

Oct 03, 2011

Greece's admission that it will miss its fiscal deficit target this year, despite ever deeper cost-cutting measures, provoked a sharp sell-off in stock markets on Monday and raised new doubts over a planned second international bailout.

Oct 03, 2011

Greece will remain trapped in recession next year, threatening the country's efforts to cut deficits and claw its way out of a debt crisis shaking the euro zone, budget figures showed Monday.

Oct 03, 2011

Franco-Belgian financial group Dexia called an emergency board meeting on Monday after concerns about its exposure to Greece and a Moody's warning about its liquidity position raised pressure on Belgium and France to act.

Oct 03, 2011

10 iPhone 5 features and iOS 5 functions that can deliver the killer blow to Android smartphones

Oct 03, 2011

Two of the longest-running names in digital music, Rhapsody and Napster, are combining in a bid to grow market share and stay ahead of newer rivals like Spotify, Rdio and MOG.

Oct 03, 2011

Large U.S. bank stocks fell sharply on Monday on concerns that lenders like Citigroup Inc and Morgan Stanley may face more earnings setbacks from the debt crisis in Europe.

Oct 03, 2011

Major automakers posted double-digit percentage U.S. sales gains for September in a rebound that General Motors Co said showed the economy was likely to steer clear of a double-dip recession.

Oct 03, 2011

Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.

Oct 03, 2011

The re-launch of the Winnipeg Jets offers a feel-good story to start the 2011-12 National Hockey League (NHL) campaign and help push back dark clouds that hovered over the hockey world after a grim offseason.

Oct 03, 2011

The Golden State may be ushering in a golden era for investing in jails.

Oct 03, 2011

Hewlett-Packard completed its $12 billion buy of British software firm Autonomy on Monday, the centerpiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month.

Oct 03, 2011

The Fox News Channel marks its 15th anniversary this week having changed the face of television news in the United States, yet still considering itself an underdog.

Oct 03, 2011

Starbucks announced Monday that it was teaming up with Opportunity Finance Network to launch Create Jobs for USA, which will pool donations for Starbucks customers, partners (employees) and concerned citizens into a nationwide fund for community business lending. This follows a trend that other companies, such as McDonald's, have taken to give back to the community while also boosting sales .

Oct 03, 2011

The Supreme Court is back, and it's got Cher swearing.

Oct 03, 2011

Convicted hedge fund manager Raj Rajaratnam refuses to publicly reveal details of his medical ailments as demanded by U.S. prosecutors before a judge sentences him for insider trading, his lawyers said on Monday.

Oct 03, 2011

Investors in Eastman Kodak debt have been talking to law firms and restructuring advisory firms as the company looks at its own strategic options, according to an analyst and a source close to the creditors.

Oct 03, 2011

AOL unveiled a slate of 15 web series on Monday boasting partnerships with the likes of Michael Eisner's Vuguru and Mark Burnett.

Oct 03, 2011

California's Air Resources Board (CARB) can proceed with implementation of the state's cap-and-trade program, a Supreme Court judge ruled Wednesday.

Oct 03, 2011

Canada wants its central bank governor, Mark Carney, to become head of the Financial Stability Board, the country's finance minister said on Monday days after a highly publicized clash between Carney and one of the world's most powerful bankers.

Oct 03, 2011