IBT Staff Reporter

Arnold Schwarzenegger has admitted that he impregnated a member of his household staff 10 years ago, while married to Maria Shriver and before running for California governor.

Mikael Hed is unrepentant about the 200 million minutes per day that people around the world fritter away playing Angry Birds, the iPhone game created by the company he heads.

Amazon.com now sells more Kindle books than print books, the company announced today. Since April 1, Amazon has sold 105 Kindle books for every 100 print books. The company does not release total sales figures for Kindle books or e-readers.

The A's could have saved a few of last night's runs for tonight. One night after putting up 14 run against the Angels, Oakland's offensive woes continued, managing only one earned run over and losing to the Twins 4-3 in 10 innings.

After the resignation of Dominique Strauss Khan following an arrest for sexual assault, the next question is who will be the next person to lead the International Monetary Fund, responsible for reducing poverty and promoting stability and sustainable economic growth around the world?

LinkedIn chief executive Jeff Weiner promises his company's high IPO doesn't mean another tech bubble is on the horizon.

Battling all objections from Iraq, the first film adaptation of controversial author Salman Rushdie's “Booker of Bookers novel Midnight's Children has finished shooting in Sri Lanka.

The Big Three couldn't do it alone. Thanks to the reemergence of Udonis Haslem, they didn't have to. The Heat got what they hoped for in the first two games in Chicago: a split. Miami got a 13-point performance from Haslem, as the Miami pulled off the 85-75 win at United Center.

Euro zone governments are considering a plan to prevent a Greek default under which private investors would be asked to maintain their exposure to its debt and Athens would receive a new package of EU/IMF aid, euro zone sources said.

U.S. stocks were little changed on Thursday as signs of recovery in the jobs market were offset by weak data on housing and regional business conditions.

The number of Americans filing new claims for jobless benefits fell last week, but other data on home sales and regional factory activity suggested the economy remained on a moderate growth path.

The longstanding Microsoft-Intel relationship codenamed Wintel, which ruled the PC market for more than decade, is starting to show fault lines after Microsoft refuted Intel's claims about the upcoming Windows 8 OS.

Danish director, Lars von Trier has received the boot, Cannes lowest honor, for jokingly calling himself a Nazi.

Supermodel Gisele Bundchen showed off her great body for her new lingerie collection, Gisele Bundchen Intimates.

Oppenheimer & Co cut its rating on Staples Inc and OfficeMax Inc to perform from outperform, saying sales trends for office supplies retailers appear unlikely to rebound any time soon.

The list of the most powerful people in the entertainment business was released and Justin Bieber, U2, Bon Jovi, Taylor Swift and LeBron James all dominating the top ten.

Microsoft says Intel's Windows 8 claims are factually inaccurate and misleading.

The main option under consideration for Greece now is a voluntary deal by investors to maintain their Greek bond holdings over the period of another EU/IMF program from 2011 to 2014, euro zone sources said.

David Beckham has launched his debut fashion collection.

New claims for unemployment benefits fell more than expected last week, but a rise in the four-week moving average to a six-month high indicated the labor market recovery will remain painfully slow.

Deutsche Bank AG denied in court that it conspired to cause the collapse of German media mogul Leo Kirch's business empire that led to years of legal battles.

HSBC Holdings Plc , Europe's biggest bank, will find most of the $3.5 billion it wants to save by trimming staff and cutting less profitable operations outside of Asia, its chief executive said on Thursday.

Today's new Gold Demand Trends from the World Gold Council show interesting data about gold demand in China. China is now 10 years into opening up its gold market - half as long as India. But since nabbing the No.2 spot in terms of private demand in 2005, it's only grown hungrier for gold bullion, despite becoming the world's No.1 mining-producer nation, too.

People.com is reporting that Arnold Schwarzenegger's wife, Maria Shriver, has hired a divorce lawyer.

Japan's economy shrank much more than expected in the first quarter and slipped into recession after the triple blow of the March earthquake, tsunami and nuclear crisis hit business and consumer spending and tore apart supply chains.

The European Central Bank has raised the stakes in its bid to prevent a restructuring of Greek debt, telling euro zone governments it would refuse to accept Greek bonds as collateral in the event of such a move.

Wall Street stocks were set for a higher open on Thursday after weekly jobless claims data suggested the labor market was on track for recovery.

In March 2010, we predicted that gold demand in China would double by 2020, however, we believe that this doubling may in fact be achieved sooner. Increasing prosperity in the world's most populous country coupled with their high affinity for gold will serve to drive demand in the long-term.

Bartolo Colon held the Baltimore Orioles scoreless through eight innings, but when Mariano Rivera blew the save, it took the New York Yankees six more innings to notch the win.