IBT Staff Reporter

Hear what the 'Vogue' editor had to say

Best Buy Co Inc beat quarterly profit and sales estimates and backed its earnings outlook for the year, as strong demand for mobile phones, calling plans and tablets offset weakness in its TV business.

Stock index futures rose on Tuesday after economic data out of China drew investors into an equities market that had become oversold from a technical perspective after six weeks of sharp declines.

Whether you agree or not, Apple has unleased unlocked iPhone 4 this morning.Unlocked version of iPhone 4 are now listed on Apple's onlie store, with 16GB version availableat $649 and 32GB at $749, both white and black.

Air Canada has said it has contingency plans in place to maintain its full flight schedule, supported by hundreds of managers and non-union staff at nine major Canadian airports.

Apple’s integration of Twitter with iOS 5 nudging away Facebook, the largest social networking site, didn’t seem to be Apple’s original plan as the video of a test build of iOS 4 this April shows.

Stock index futures rose on Tuesday after economic data out of China drew investors into an equities market that had become oversold from a technical perspective after six weeks of sharp declines.

Nokia notched up a rare victory against arch-rival Apple as the iPhone maker agreed to settle a long-running row over patents.

General Motors Chief Executive Daniel Akerson assured the CEO of Opel that the U.S. carmaker was not in talks to sell the European arm to a rival, a German newspaper reported.

Euro zone finance ministers will discuss on Tuesday how private Greek bondholders should be involved in a second financing package for debt-laden Greece ahead of a self-imposed June 20 deadline for a deal.

South Korea is scrambling to protect its computer systems after attacks against government agencies and financial institutions exposed vulnerabilities in a country that has the deepest Internet penetration anywhere.

Glencore is not actively considering a bid for embattled rival ENRC, its chief executive said, dismissing reports of a bumper offer as the commodities trader reported a jump in maiden quarterly earnings.

Mitt Romney's first litmus test in the run up to the 2012 Presidential elections - Republican Presidential Debate hosted by CNN at New Hampshire, Manchester, went quite smoothly. Romney, like all the other six republicans, chose to tread a cautious path and considered it too premature to take jibes at each other. Instead, they opted to take few digs at President Barack Obama and his policies.

Google Inc has applied for a license to operate its Google Maps product in China, China Business News reported on Tuesday, quoting an unnamed official.

Apple's launch of iOS5, might have played as an update on Apple's mobile operating system to catch up with the other mobile operating systems in the market, but some features sported by Google's Android are way ahead.

U.S. car hire firm Avis is to buy its European namesake for an agreed 635 million pounds ($1.0 billion) to reunite the two businesses after 25 years, amid growing consolidation pressure in the industry.

The Bank of Japan on Tuesday kept monetary policy on hold but expanded a loan scheme targeting growth industries, keeping up efforts to address chronic ills that have been plaguing the economy even before a devastating earthquake struck in March.

Stock index futures pointed to a bounce at the open on Wall Street on Tuesday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.5 percent and Nasdaq 100 futures up 0.7 percent at 0900 GMT (5 a.m. ET).

Ace choreographer and director Kathleen Marshall, gifted actress Ellen Barkin, artist Frances McDormand, and Hollywood hottie Catherine Zeta-Jones stole the show at the Tony Awards 2011.

General Motors will invest $47 million in its Defiance Powertrain plant Ohio to purchase tooling and equipment to increase volume of components for the fuel-efficient Ecotec 1.4L engine.

Evidence that China may avoid a hard landing for its high-flying economy lifted riskier assets such as stocks on Tuesday although investors remained on edge about the deepening Greek debt crisis.

China's central bank raised bank reserve ratios on Tuesday for the ninth time since last October after data showed inflation rising in May to 5.5 percent, its highest level in almost three years.

General Motors Ventures LLC will invest $6 million in zero-emission commercial transit bus maker Proterra, the company said in a statement on Monday.

China's inflation accelerated in May to 5.5 percent, its highest level in almost three years, suggesting the central bank will tighten monetary policy further even as economic growth slows down.

World leaders should put cyber security on the international agenda at forums such as the G20 and bring pressure to bear on slower-moving nations to take a stand against hacking, the co-founder of a global industry body said on Tuesday.

At a young 26 years of age, Lebron James is one of the best players in the NBA. However, following his Miami Heat's crushing loss to the Dallas Mavericks in six games, James has been taking some heated criticism for his on court play and off court antics.

Greece became the lowest-rated country in the world according to Standard & Poor's, which downgraded it on Monday and warned that any attempt to restructure the country's debt would be considered a default.

The board of Dutch financial services group ING Groep NV is expected to decide on Wednesday on a buyer for its U.S. online-banking business, the Wall Street Journal reports on Tuesday.

With the final release of SeaMonkey 2.1, we have received an open-source web browser which is on par with Firefox4 in terms of Java script speed and the latest web standards support.