IBT Staff Reporter

Mobile phone maker Sony Ericsson forecast an upturn in the second half, as it posted a first quarterly loss since 2009 due to a parts shortage stemming from the March 11 earthquake and tsunami in Japan.

Swiss bank Credit Suisse is being investigated by the Department of Justice as part of a broader inquiry into banks suspected of helping Americans evade taxes.

It's the biggest movie phenomenon on the planet. I remember when 'ET' was the highest earning movie all time -- $870 million. With Harry Potter, you're talking $6 billion, said actor Richard Griffiths who plays Harry's uncle Vernon. As the highest earning movie franchise in Hollywood history, many wonder why the Harry Potter series has been virtually ignored by the Academy except for in technical, music, and costume categories. It's sad it's only technical aw...

Rebekah Brooks resigned as chief executive of News International on Friday, yielding to political and investor pressure over a phone hacking scandal that has shaken Rupert Murdoch's media empire on both sides of the Atlantic.

Billionaire investor Carl Icahn offered to buy Clorox Co in a $10.2 billion deal, but also invited the household products maker to solicit rival bids, which he said would yield much higher offers for the company.

Veteran actor Roberts Blossom, who played 'old man Marley' in the hit movie Home Alone died on June 8.

The Tour de France moves into day two of the Pyrenees on Stage 13. The peloton will cross over some smaller mountains before hitting the massive Hors Category Col d'Aubisque.

Wall Street was heading for its worst week in nearly a year, with index futures little changed on Friday as macroeconomic concerns keep markets volatile and overshadow the start of U.S. corporate earnings season.

Ex-News Corp executive Rebekah Brooks will give her full cooperation to British government and police inquiries and a parliamentary hearing scheduled for next week, she said in an internal memo.

A federal judge on Thursday, dismissed a class action lawsuit filed by entrants who were told that they had won the green card lottery and were later informed by the State department that the results were nullified due to a computer glitch.

Chelsea's pursuit of Porto striker Radamel Falcao has come to an end after the Colombian extended his contract with the Portuguese champions, but they're on the verge of completing Courtois' signing, while preparing a final offer for Spurs' Modric.

Rebekah Brooks, Rupert Murdoch's most senior newspaper executive in Britain and close confidante, quit News Corp on Friday over a phone hacking scandal that has rocked his global media empire.

2011 Emmy nominations have been released.

Chelsea's pursuit of Porto striker Radamel Falcao has come to an end after the Colombian extended his contract with the Portuguese champions.

Blockbuster has offered Neflix subscribers a deal.

With Google's reign, there is no longer any need to memorize anything aside from academic and professional uses, and our brains have been proven to know that too.Columbia University psychologist Betsy Sparrow and her colleagues conducted a series of experiments, in which they found that people are less likely to remember information when they are aware of its availability on online search engines. In a way, Google and the Internet use in general have offloaded memory demands from our brai...

1+1 Singer, Beyonce, is dealing with allegations that her father, Mathew Knowles, has stole from the diva.

Actor Brad Pitt displays commendable athletic ability, says baseball player and Moneyball co-star Casey Bond

Mobile phone maker Sony Ericsson forecast an upturn in the second half when posting a quarterly loss due to component shortages stemming from the March 11 earthquake and tsunami in Japan.

International Space Station had the messy task of repairing its clogged toilets on Wednesday.

Though just a few days old the social network Google+ already connects more than 10 million people as Larry Page of Google announced together with the company results of Q2 2011.

Internet giant Google provides its users now with free of charge traffic warnings. Through the map function of its search portal Google Maps real time traffic information for 13 countries including United States, France, Britain, Australia, and Canada is displayed.

Thursday, Levi Aron pleaded not guilty to charges of the first-degree murder and kidnapping of Leiby Kletzky, a Brooklyn boy whose dismembered body parts were found in a freezer and a dumpster.

Rebekah Brooks has resigned as chief executive of Rupert Murdoch's UK newspaper arm as a phone-hacking scandal escalates, and will be replaced by Sky Italia CEO Tom Mockridge, the company said on Friday.

Taiwan's TSMC has begun trial manufacturing of next generation chips for Apple Inc's mobile devices, a source with knowledge of the matter said on Friday, in a sign that the iPad maker is shifting from its traditional chip supplier, Samsung Electronics.

Mobile phone maker Sony Ericsson swung to a second-quarter loss after the March 11 earthquake and tsunami in Japan weighed on its earnings more than expected.

The notorious and mysterious Zodiac Killer who killed four men and three women in Northern California during the late 60s and early 70s, is yet to be identified.

Top global miner BHP Billiton will buy gas producer Petrohawk Energy Corp for $12.1 billion, ramping up its bets on the booming but environmentally controversial shale gas industry.

The mother who allegedly cooked her baby in a microwave is pregnant again, reports say.