IBT Staff Reporter

George Hincapie, longtime teammate and friend of Lance Armstrong, reacted to stunning allegations by CBS's 60 Minutes that Hincapie told federal investigators that Lance Armstrong, the seven-time Tour de France champion, used steroids.

The United States continues to lag behind other countries in broadband adoption and download speeds, according to a report released by the Federal Communications Commission on Friday.

Yet another attack on Sony PlayStation Network took place, resulting in 100,000 yen (approximately $1,225) stolen from account holders.

RadioShack teammates Chris Horner and Levi Leipheimer ended Stage 6 in the same place they began - in the top two places in the standings after six days of racing in the 2011 Amgen Tour of California. Stage 6 was won by time trial specialist David Zabriskie in a time of 30:35 around Solvang’s 24 km (15-mile) track.

Self-proclaimed Doomsday prophet Harold Camping who heads the Family Radio in Oakland, CA, claims that about 200 million people will Rapture on May 21, 2011 at 6 p.m. (PST), and those who remain behind will witness the complete destruction of the world by October 21, 2011.

The International Monetary Fund on Friday approved a 26 billion euro ($36.8 billion) loan for Portugal to help the country recover from a debilitating sovereign debt crisis, saying it would immediately disburse 6.1 billion euros to ease investor concerns over the euro zone member's debts.

Toyota Motor Corp told its U.S. dealers this week that the company had 45 days of inventory and was working hard to get the word out that it was open for business.

With time approaching Harold Camping's May 21st predicted time of when the world should end (a.k.a Dooms or Rapture day), we can't help but think about what will happen to many of his followers who have surprised us and perhaps caused confused looks among us as we learned how they have been emptying their pockets, some to the very last cent, for this occasion.

Retailer Sears Holdings Corp said its chief financial officer, Michael Collins, has resigned to pursue another opportunity.

Fitch cut Greece's credit rating by three notches on Friday, pushing the country deeper into junk territory, and warned that any kind of debt restructuring would amount to default.

Mobile service providers are reworking charges for wireless connections on tablet computers to lure in customers put off by costly fees.

Cable TV pioneer John Malone likes a bargain, and his $17 a share bid for Barnes & Noble Inc is already being slammed for undervaluing the largest U.S. bookstore chain.

No joke. The Centers for Disease Control and Prevention posted a blog post with a list of recommendations on how to survive a massive invasion of the flesh-eating zombie.

Apple Inc said on Friday it was working with Foxconn, its main contract producer for gadgets, to understand the cause of an explosion at a factory in China that local media have linked to the technology giant's iPad 2 production.

The Warriors are nowhere near the playoffs, but co-owner Joe Lacob is feeling the heat. He understands perfectly well that his next decision may determine his legacy as the Warriors owner. That decision is the hiring of the next Warriors coach.

Foxconn Technology Group, the main manufacturing contractor for Apple’s iPad 2 and iPhone 4, witnessed a large explosion in its Chengdu plant on May 20 7 p.m. local time, killing 2 and injuring at least 16, and possibly delaying the already-scarce iPad supply.

Apple Inc is close to launching an online music storage and streaming service after reaching deals with three of the four major labels and is expected to wrap up the fourth in a few days, according to several people familiar the plans.

The International Monetary Fund on Friday approved a 26 billion euro ($37 billion) loan for Portugal and said it would immediately disburse 6.1 billion euros of the money to the euro zone member country to ease investor concerns over its debts.

There seems to be a broad-based strengthening in the labor market with the growth of payrolls in 42 U.S. states and a decline in unemployment rate in 39 states in April.

If not on May 21, when will the world end? Here is the next candidate in line! You aren't convinced? Come up with another one then.

LivingSocial and Foursquare are both fighting for local ad dollars from mom and pop stores, neighborhood restaurants, and even big box retailers as online social media companies set their sights on a largely untapped pool of revenue.

Oscar-winner French actress Marion Cotillard and actor-director Guillaume Canet have welcomed their first child, a boy named Marcel.

Apple is preparing to launch its cloud music service, which allows users to listen to songs from an Internet connection.

BP struck a key victory in its battle to share the cost of the Gulf of Mexico oil spill when partner Mitsui & Co agreed on Friday to pay $1.1 billion toward the clean-up bill and possibly billions more in fines.

Basketball Hall of Famer Jerry West officially joined the Warriors as an executive board member on Friday. Co-owner Joe Lacob hired West in order to serve in a wide-range of positions to help develop the team.

Here are 5 classic doomsday movies to watch on May 21.

Harold Camping, the broadcaster and author, who has predicted that May 21, 2011 is Judgment Day when God will take the 'true believers' to heaven and inflict a series of major natural disasters on the world, published a book fully explaining his views over three years ago.

Shares of clothes retailers Gap Inc and Aeropostale Inc fell on Friday, a day after the companies said higher input costs and discounts would hurt profitability.

A large explosion rocked a Foxconn factory in southwestern China that local media have linked to Apple iPad 2 production, killing at least two people, the Wall Street Journal reported.