IBT Staff Reporter

In just the first few hours of trading, LinkedIn's stock has skyrocketed in its debut initial public offering on Thursday due to high demand.

OK! Magazine is reporting that child actress Gigi Goyette is coming forward to reveal that she had an intimate relationship with Arnold Schwarzenegger.

Mark DeRosa's freak re-injury of his wrist in the batter's box on Wednesday puts the San Francisco Giants' already limited infield in a worse position. The injury occurred while DeRosa was waiting for a pitch from Clayton Kershaw, when he suddenly fell down in pain for no apparent reason.

After yesterday's much heated game between the Bulls and the Heat, there will be much to anticipate in Game 3 in what looks to become one the fiercest series the NBA Playoffs has ever seen.

Television camera crews have lined up outside Mildred Patricia Baena's house all day in hopes of a comment regarding the scandal involving Arnold Schwarzenegger.

The U.S. labor market is improving, but not at a fast enough pace to require the Federal Reserve to reverse its super-easy money any time soon, two top Fed officials said on Thursday.

U.S. automaker Chrysler Group LLC borrowed $6.2 billion to refinance high-cost government loans stemming from its 2009 bankruptcy restructuring, people familiar with the matter said on Thursday.

FTC says Do Not Track needs to come to mobile platforms, specifically app stores, which can collect user information without the consumer knowing.

Clothing maker and retailer Gap Inc slashed its full-year profit outlook on Thursday, saying that its price increases will not be enough to keep up with rising cotton and production costs, and shares fell 13 percent.

Pro-democracy activists will face an uphill fight to convince a U.S. court that Baidu Inc and China censored them over the Internet and should be punished.

Lockheed Martin Corp's increasingly costly F-35 Joint Strike Fighter is testing congressional support, with top Senators calling on the Pentagon to offer alternatives.

Bankrupt bookstore chain Borders Group Inc said it planned to end its relationship with Seattle's Best Coffee and begin operating its own in-store cafes.

The management for the New York Knicks aren't talking, but rumors abound about who they'll choose with their 17th slot at the NBA draft on June 23. Here are seven players who could make an impact with the organization.

Reports came out on Thursday saying that the Botox Mom story was one giant hoax.

A look back at the first ever Apple Store and a report on Apple's plans for change.

Camping claims that it is not about the money, but spreading the message and saving as many people as possible.

Intel Corp could suffer due to slowing processor shipments, rising competition and record capital expenditure levels this year, warned Goldman Sachs analysts, who in a rare downgrade, cut their rating on the stock to sell, sending its shares down nearly 3 percent.

Apple has reportedly signed a licensing agreement with EMI Music about cloud-music serve – a deal that could help it beat competitors Google and Amazon.

The West's energy watchdog urged oil producers to boost supply to cut fuel costs, to protect economic recovery, and appeared to suggest its members could release emergency stockpiles if OPEC does not act.

Not raising the U.S. debt ceiling would be bad for the economy and would force the government to default on either its bonds or domestic programs, the top White House economist said on Thursday.

Stocks rose for a second day on Thursday, but mixed economic data kept confidence in the recovery on shaky ground even as LinkedIn's shares surged in the company's Wall Street debut.

President Ronald Reagan once famously said that a stack of $1,000 bills equivalent to the U.S. government's debt would be about 67 miles high.

European tech industry executives, highly skeptical about the sky-high market valuations put on U.S. start-ups, are choosing not to float their own shares for now and are instead pursuing growth in the relative calm of the Old Continent.

Sales of previously owned homes fell unexpectedly in April in a sign the country's tight lending standards are continuing to hamper the housing recovery, a trade group said on Thursday.

Weak data on U.S. home sales and factory activity on Thursday showed the economy stuck in a slow-growth gear, although a drop in claims for jobless aid offered hope the labor market's recovery was on track.

Lockheed Martin Corp's increasingly costly F-35 Joint Strike Fighter is testing congressional support, with top Senators calling on the Pentagon to offer alternatives.

It is confirmed that Dominique Strauss-Kahn has announced his resignation from as the International Monetary Fund (IMF) Chariman. He is amidst sexual assault charges and a growing pressure of doubt in his ability to run the organization. A resignation letter from Strauss-Kahn to the IMF board described his denial to the allegations and hopes of protecting the institution.

President Barack Obama promised to support democracy in nascent revolutions in the Middle East on Friday, saying he would push for billions of dollars in financial incentives for Egypt and Tunisia on Thursday in the wake of uprisings across the region in recent months.

Chris McNicholl, a young product designer in Scotland, invented TweetingSeat, the park bench that tweets!