IBT Staff Reporter

While the media is awash with rumors regarding the next iPhone, Apple is silently working in the background to piece together its next version of iPad 2, the iPad 3.

U.S. employers added only 54,000 new workers in May, the fewest amount in eight months while the unemployment rate rose to 9.1, according to the Labor Department.

Miami led by 15 points with just over seven minutes to play, but the Dallas Mavericks responded with a 22-5 run to even the NBA Finals series at 1-1.

Four people were killed and one was seriously injured in an explosion at an oil refinery in southwest Wales, the plant's owner Chevron Corp said on Friday.

Employment rose far less than expected in May to record its weakest reading since September, while the jobless rate rose to 9.1 percent as high energy prices and the effects of Japan's earthquake bogged down the economy.

Wal-Mart Stores Inc is ready to reassure employees and investors on Friday that the company can reach out to shoppers online, on their phones and in small and large stores to drive growth.

So, this hockey player is driving along, and he sees Bono with his thumb out on the side of the road ...

From the satellite pictures on Google Earth, Jinan looks like any other Chinese city -- sprawling construction sites, massive factory blocks, apartment buildings, a university, dozens of railway lines and wide-open plazas.

Federal prosecutors are expected to indict former United States Senator John Edwards on charges he violated campaign finance laws while trying to cover up an extramarital affair during the 2008 presidential campaign Friday, according to a person with information regarding the investigation.

Stock index futures fell on Friday, with many investors expecting the May payrolls report to show more weakness in the economy, confirming recent data signaling the economic recovery is faltering.

Ukraine's government has damaged its credibility among investors by setting unrealistic growth targets and needs to resume talks with the IMF, the central bank said in a memo that exposed deep divisions between policymakers.

U.S. stock index futures fell on Friday, with many investors expecting the May payrolls report to show more weakness in the economy, confirming recent data signaling the economic recovery is faltering.

Molson Coors Brewing Co and Mexico's Grupo Modelo are exploring a joint bid for Australia's Foster's Group Ltd , a source said, amid talk further suitors may emerge for the maker of VB and Cascade beer.

By now, it is obvious that Sony has made quite a few enemies among the security experts. LulzSec, a hacker group known for its claim of successful attacks on PBS and Fox.com, successfully hacked into Sony on Thursday, compromising account information of Sony's 1 million customers.

Chinese computer maker Lenovo Group Ltd's has agreed to buy Germany's Medion AG in a deal valuing the electronics retailer at up to $900 million, to boost its market share in Europe.

Apple boasts of a solid ecosystem of apps, devices and peripherals around its iOS platform and now it can add another element to its thriving iOS environment - swimwear made of photo voltaic panels to charge its devices.

The semifinals of the French Open has mouth-watering encounters with all the top four seeds involved, including Djokovic battling Federer and Nadal against Murray.

The cries of New York's political establishment fell on deaf ears in the Republican controlled House of Representatives where a bid to end homeland security grant cuts and reserve reduced funding for terror target cities was struck down.

The semifinals of the French Open has mouth-watering encounters with all the top four seeds involved, including Djokovic battling Federer and Nadal against Murray.

Molson Coors Brewing Co and Mexico's Grupo Modelo are exploring a joint bid for Australia's Foster's Group Ltd , a source said, amid talk further suitors may emerge for the maker of VB and Cascade beer.

Japan's Sharp Corp forecast an unexpected jump in operating profit as demand for smartphones and tablets boosts sales, but said a temporary production halt at two TV panel plants earlier this year would force it to book an extraordinary charge.

The semifinals of the French Open has mouth-watering encounters with all the top four seeds involved, including Djokovic battling Federer and Nadal against Murray.

The recent high-profile hacking of Google's Gmail service and Sony's Playstation gaming network is threatening to slow the take-off of the next big thing in the computing space - the cloud.

Sharp Corp on Friday forecast a 23 percent rise in annual operating profit to 97 billion yen ($1.2 billion) expecting growing demand for smartphones and tablets will boost its sales of small liquid-crystal display panels.

A veteran Brooklyn high school athletic director lauded in the press last December for surviving a near deadly heart attack was arrested Thursday for allegedly slapping a school safety agent, police sources said.

Greece is set to impose a deeper bout of austerity on its struggling economy and promise to speed up a privatization drive in return for a new international bailout to avoid a debt default.

Italian fashion house Prada, which is preparing for an initial public offering of about $2 billion in Hong Kong, said its net profit more than doubled in 2010 and it expects further gains in the current half year.

Stock index futures pointed to falls on Friday, ahead of a key labor market report which is likely to confirm the pace of economic recovery is losing momentum.

The Treasury said on Thursday it reached an agreement to sell its remaining 6 percent equity stake in Chrysler to Italy's Fiat in a deal that will net Washington $560 million.