IBT Staff Reporter

The Mets will almost assuredly lose several players to free agency this fall. How will they fill those gaps?

While a number of publishers have spoken of solutions to growing losses in readership and advertising revenue without widespread success, Next Issue Media is placing a rather large bet on the future. The joint venture, which includes Condé Nast, Hearst, Meredith, News Corp. and Time Inc, has shown to be methodical in its approach to creating its digital product. When Next Issue Media was established nearly 18 months ago, the company provided few details about its business strategy.

Pictures from the 64th Cannes Film Festival.

Microsoft will seek to cut its 899 million euro ($1.3 billion) antitrust fine in Europe's second-highest court on Tuesday, marking the last chapter of a decade-long battle with EU regulators.

Campbell Soup Co reported a higher-than-expected quarterly profit on Monday and forecast full-year results at the top of its range after moving its focus from profit-sapping promotions to advertisements.

Harold Camping who predicted that on May 21, 2011, about 200 million people will Rapture and those left behind will die when the world gets completely destroyed on October 21, 2011, has told International Business Times (IBTimes) that “(He has) got to live with it (the fact that his prediction has failed)”.

Irving Picard, the trustee seeking money for Bernard Madoff's victims, is suing Swiss private bank Banque Syz & Co SA to recover $73.3 million derived from feeder funds in the Ponzi schemer's former investment firm.

Schawk Inc , a provider of digital imaging graphic services, said it may face U.S. Securities and Exchange Commission civil charges relating to a 2008 restatement, and its shares fell as much as 8.9 percent.

The European Union set the date on Monday for the launch of the first satellites in its Galileo global navigation system and said the long-delayed program would come in below budget.

The award-winning musician and actress will bring her first-ever fashion line to HSN.

Lady Gaga's, 'Born this Way' overloaded the Amazon servers after the website offered her latest album for only $0.99.

Deadly tornadoes ripped through Midwest United States this weekend, causing enormous damage and killing a least 91 people, including 89 in Joplin, Missouri.

On Sunday, CBS's 60 Minutes aired an interview with Lance Armstrong's former teammate, Tyler Hamilton. In the interview, Hamilton accuses Armstrong of doping, encouraging doping in the team, and covering up a failed drug test.

Bloggers have written their take on numerous websites, while Twitter and Youtube buzzed of Harold Camping parodies.

Campbell Soup Co reported a better-than-expected quarterly profit on Monday and forecast full-year results at the high end of its range, after moving its focus from profit-sapping promotions to advertisements.

Sony has released the first estimates of the cost of the earthquake and the hacking of the PlayStation Network.

Frank Bailey, a former aide to Sarah Palin in her inner circle, has written a tell-all portrayal of Sarah Palin, which will be released tomorrow, May 23.

Stocks fell on Monday as escalating worries about the euro-zone debt crisis and a slowdown in global industrial demand led investors to sell risky assets.

All the stars came out for the 2011 Billboard Awards in Las Vegas Sunday night.

Filling a trio of top regulatory jobs will be crucial for maintaining momentum in global reforms with the chances of emerging market candidates boosted if a European bags the IMF, regulatory sources and analysts said.

Stocks dropped more than 1 percent at the open on Monday as worries escalated about the euro-zone debt crisis after Standard & Poor's cut Italy's rating outlook and Spain's ruling Socialists suffered an elections setback.

Shares of electronics company Hon Hai Precision Industry Co Ltd <2317.TW> fell as much as 5 percent on Monday on fears major client Apple Inc may shift orders to other producers following a blast at one of the company's plants in China.

On May 22, the Federal Reserve Bank of New York added 32 new money market funds in addition to the existing set one of Primary Dealer counterparties.

An increasingly farcical game of cat-and-mouse between Britain's media and celebrities, Twitter users and the judiciary prompted Prime Minister David Cameron to promise a review of the country's privacy laws on Monday.

Fred Wilpon, the 74-year-old owner of the New York Mets, was quoted in a New Yorker article as saying derogatory statements about key players Jose Reyes, David Wright, and Carlos Beltran.

Pirates of the Caribbean: On Stranger Tides premiered globally this past weekend. In the U.S. it opened with $90.1 million, but its $256.3 million opening overseas made it eh largest foreign debut ever.

Tibetians celebrated their 60th anniversary of peaceful liberty at the foot of the stunning red-and-white Potala Palace, under the five-star flag.

Although we didn't see millions fly high in the sky, here are some rapture pictures nonetheless.

Academy Award winning songwriter, Joseph Brooks, known for the song You Light Up My Life, was found dead Sunday in his apartment in the Upper East Side of New York City.