IBT Staff Reporter

Japan's economy was already showing signs of recovering from the slump that immediately followed the devastating March 11 earthquake, Bank of Japan Governor Masaaki Shirakawa said on Wednesday.

China asked Foxconn Technology Group and other Taiwanese firms to pay more attention to safety, after a deadly blast at a Chinese factory making iPads for Apple.

The latest round of deficit talks between the White House and Congress, Vice President Joe Biden said on Tuesday, the negotiations are focusing on getting at least 1trillion dollars in the spending cuts.

Chennai Super Kings stormed into the IPL 2011 final with a late surge against Bangalore Royal Challengers, securing a six wicket victory on the chase.

A severe thunderstorm watch has been issued for portions of Central Texas, which is effective this Tuesday night and Wednesday morning from 1120 pm until 400 am cdt, the US Storm Prediction Centre said in a statement.

At least six people were killed and many were injured in a series of thunderstorm and tornados that struck Oklahoma and Kansas City, according to US weather officials.

A big banner with the words Chevron Guilty: Clean Up Amazon fluttering under Richmond-San Rafael bridge on Monday morning, hung by 5 environmentalists who have accused the energy giant of causing rainforest pollution in Amazon,have got them into trouble.

Dallas area news organizations and residents used their cameras to capture images of hail, lightning storms, funnel clouds and tornado sirens as the city and surrounding counties were put on a Tornado watch.

Kim Clijsters looked like her old self at the French Open, five years after her last appears. Clijsters easily dispatched Anastasiya Takimova in straight sets 6-2 6-3.

Miami Heat has won against the Chicago Bulls in the Overtime in game 4 of Eastern Conference Finals.

The murder trial of Casey Anthony, who has been charged with killing her two-year old daughter Caylee, kicked off, Tuesday, with opening statements from the prosecutors and defense lawyers even as people wondered whether justice will prevail.

Barnes & Noble released its newest device, the WiFi Nook, joining the intensively competitive market of digtital e-readers and electronic tablets. The new Nook follows the success of the company's Nook Color, which packed more features than the new simple purposed device. Amazon will enter the fight with the nw Kindle 3G which support ads.

Harold Camping, the failed Doomsday prophet, appeared on Monday, May 23, 2011 at the Open Forum in Family Radio headquarters in Oakland, Calif. where he announced October 21, 2011 to be the new Doomsday date.

Amazon has introduced a cheaper version of the Kindle 3G ebook reader with an ad-supported version. The pricing of this new ebook reader will be $164.

The Golden State Warriors held a press conference in downtown San Francisco this afternoon to introduce Jerry West to the organization.

Shares of Yandex NV, known as Russia's Google, rose 55 percent in their trading debut, evidence for some investors that Internet companies have strong prospects and a confirmation for others that the market has gotten ahead of itself.

The coming of the next version of Windows in 2012, as announced by Microsoft CEO Steve Ballmer during a speech at a developer conference in Tokyo might just be a speculation as the company is yet to confirm on its date and OS features, reports PC World.

A tornado watch remains valid until 10 p.m. CDT Tuesday evening in 25 counties across North Central Texas, including Dallas, the National Weather Service reported.

The Treasury is barely breaking even on its investment in beleaguered insurance giant American International Group Inc, according to an early litmus test of market interest in the firm's stock.

Twitter is finally buying TweetDeck for more than $40 million in cash and stocks.

Google Inc will take the wraps off a mobile payment system on Thursday that lets consumers pay at checkout with phones instead of cards, a source said, hoping to beat Visa and others to the punch.

Harold Camping, the infamous Doomsday prophet whose May 21, 2011 End of the World prediction has failed, appeared to the public on Monday night and refused to take responsibility for the damage his false prediction caused to many of his followers.

Japan's Sony needs to assert control over Sony Ericsson if the handset joint venture is to recoup market share and relevance in the cut-throat world of mobile devices.

Google will unveil a mobile payment system on Thursday, May 26th, and it will run on the Android operating system available on Sprint Nexus S phones.

Although the way 2-year-old Caylee Anthony died almost three years ago is still far from being known, one thing for certain is that the claims based on evidence made by the prosecuting team portray charged primary suspect Casey Anthony's behavior as abnorma

The Treasury, which owns 92 percent of American International Group Inc , is set to eke out a tiny profit as it sells its first batch of shares in the bailed-out insurer.

The failed Doomsday prophet Harold Camping, the president of Family Radio who raised over $80 million of donations over the past five years, said he has no intention of giving any money back to those who have donated for his false Doomsday campaign.

The family of Bryan Stow has sued the Los Angeles Dodgers and Frank McCourt, alleging that cutbacks and mismanagement contributed into the brutal assault of Stow, a Giants fan and father of two, on opening day outside of Dodgers stadium.

If Miami wants to win the series, they cannot risk going back to Chicago with a 2-2 series board. The Bulls would not only retain their home-court advantage but would most likely put into practice their home court record muscle (36-5, best of the season) to show what team work backed by an empowering fan nation is all about.