IBT Staff Reporter

The European Union's top economic official praised Italy's decision to accelerate budget-balancing measures and structural economic reforms on Saturday and said swift implementation would now be crucial.

August 6th marks the 66th anniversary of the world's first atomic bombing in Hiroshima, which cost an estimate of 140,000 lives by the end of 1945.Naoto Kan, Japanese Prime Minister, attended the anniversary in Hiroshima and reaffirmed the urgency to reduce Japan's dependence on nuclear energy.

The U.S. lost its AAA credit rating from Standard and Poor's for the first time in history, dealing a symbolic blow to the world's economic superpower. The impact of this downgrade is a matter of speculation.

HP has slashed the TouchPad price for the third time in a week to boost the sales of the 1 month old iPad competing tablet.

Review of the movie Rise of the planet of the apes.

The United States lost its top-tier AAA credit rating from Standard & Poor's on Friday in an unprecedented blow to the world's largest economy in the wake of a political battle that took the country to the brink of default.

The United States lost its top-tier AAA credit rating from Standard & Poor's, drawing a blast of criticism on Saturday from its biggest creditor China and deepening investors' alarm over the euro zone crisis.

Search giant Google has come up with three-pane viewing support for Gmail, allowing its users to see both message list and email content at the same time.

A Las Vegas man, who calls himself ?Spam King? is facing charges for breaking into Facebook accounts and sending more than 27 million spam messages to users in 2008 and 2009.

Manchester City have raced ahead of neighbours Man United to sign Inter Milan midfielder Wesley Sneijder, according to Gazzetta dello Sport, though City have denied the reports.

Chelsea are reportedly close to completing the signing of Anderlecht striker Romelu Lukaku, with a deal set to be agreed over the weekend.

Cesc Fabregas has not traveled with his Arsenal teammates to Lisbon to face Benfica, fueling further speculation that a deal with Barcelona is close, while Samir Nasri is also on his way out after falling out with Arsene Wenger.

Mobile ad network Jumptap has put out a report with a map reflecting the geographical mobile makeup in the United States.

A mysterious orange-colored has washed up on the shore of a northwestern village in Alaska this week.

The United States lost its top-tier AAA credit rating from Standard & Poor's on Friday, hours after investors alarmed by the euro zone debt crisis forced Italy to speed up an austerity drive.

China roundly condemned the United States for its debt addiction and short sighted political wrangling and said the world needed a new stable global reserve currency.

An Orlando-based author, Concetta Graves has been posting about her horror experiences on Facebook after being mistaken as Casey Anthony.

Israeli scientists say that they have developed a sensor that can accurately detect whether a drink has been spiked with date rape drugs.

China on Saturday condemned the short-sighted political wrangling in the United States over its debt problems and said the world needed a new global stable reserve currency.

Paul Scholes played his final match for Manchester United, marking his farewell with a trademark goal in a 6-0 win over New York Cosmos in his testimonial match.

Chinese economists said the U.S. credit rating downgrade by Standard & Poor's poses great risk to financial markets and expect it to prompt China, the world's biggest holder of U.S. Treasuries, to accelerate the diversification of its holdings.

The top official behind Standard & Poor's historic decision on Friday to downgrade the United States' prized triple-A credit rating said it was his company's duty to make such a hard and controversial call.

The Obama administration attacked the credibility of the analysis underlying Standard & Poor's decision to downgrade the United States' top credit rating on Friday, saying it had found a $2 trillion error.

Emma Stone, the star of the upcoming ?The Amazing Spider-Man?, the actress of the ?Crazy, Stupid, Love?, released last Friday and "Friends With Benefits", is the rising queen of this summer who know how to keep the Red Carpet sizzling.

Kosovo Serbs recently stopped NATO's KFOR peacekeeping force from proceeding until Kosovo agrees not to station its police and customs officers at the sensitive border post.

Dominic Cooper, Philip Quast, Ludivine Sagnier and Raad Rawi starred movie ?The Devil?s Double? British Premiere was held in London recently.

The United States lost its top-tier AAA credit rating from Standard & Poor's on Friday, hours after investors alarmed by the euro zone debt crisis forced Italy to speed up an austerity drive.

Some Goldman Sachs Group Inc clients who pushed trades through its clearing division during the market rout on Thursday were unable to access information about their positions the following morning.

The skeletal remains of a woman, who was murdered and dumped in the California desert in 1946, have been identified through DNA evidence.