IBT Staff Reporter

Chrysler Group LLC plans to repay about $7.5 billion in U.S. and Canadian government loans on May 24 to strengthen the automaker's financial position, a person familiar with the matter said on Wednesday.

Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report released on Wednesday.

Deutsche Bank Chief Executive Josef Ackermann will appear in a Munich court on Thursday to testify in one of the lawsuits brought against the bank by fallen German media mogul Leo Kirch.

Team RadioShack took control of the General Classification as Chris Horner's stunning ride allowed Horner and Levi Leipheimer to finish 1-2 in the GC after Stage 4 in the 2011 Amgen Tour of California.

The growth of on-line casinos offers new temptations for problem gamblers, but the Internet should also provide avenues to treat them, according to a report in a leading medical journal on Wednesday.

A news leak reveals the future roadmap for T-Mobile's 2011 device list that includes plenty of Android and Blackberry devices. No iPhone or Window Phones were listed suggesting they were ignored for the 2011 lineup. The exclusion of iPhone may come as no surprise after T-Mobile said it will not offer iPhones in the immediate future due to acquisition agreements following the announced merger with AT&T. Windows Phone fans can hope that T-Mobile will follow through with offering the Nokia ...

Daimler AG was ordered on Wednesday to face a U.S. lawsuit alleging it participated in the kidnapping, torture and death of Mercedes-Benz workers in Argentina's Dirty War three decades ago.

Trend-setting products launched by Apple Inc are a key factor in Intel Corp's plans for new processors, a senior executive of the world's top chipmaker said.

The mother of Arnold Schwarzenegger's son born out of wedlock has been revealed as multiple sources are now confirming her identity and more details are emerging about her son.

General Motors Co said on Wednesday that it will make 60,000 Chevrolet Volt and Opel Ampera in 2012, up from its previously announced 45,000 production outlook.

Most Federal Reserve officials prefer to raise benchmark interest rates before selling assets when the time comes to tighten policy, minutes of their April meeting showed on Wednesday.

Sony PlayStation Network (PSN) is hot issue again, and this time Sony doesn’t have malicious hackers to redirect the wrath of furious customers.

A group of researchers have discovered a new class of planets in the Milky Way Galaxy, which do not orbit a star, and are thus free floating.

Intel’s general manager of software and service Renee James is not worried at the fact that Windows 8 will be available for ARM-based PC because it will not run legacy applications. Windows 8 for Intel’s x86 will.

No matter what, the San Francisco 49ers are in trouble. The NFL labor dispute is likely to drag on through the summer and the 49ers will be one of the teams most affected since they have a new head coach in Jim Harbaugh and a tenuous quarterback situation.

Despite the recall of 1,000 Research in Motion's (RIM) PlayBook tablets due to an OS glitch, the popularity of the PlayBook remains unaffected -it has been reported that the BlackBerry maker has recovered by selling 250,000 devices in month of April. The estimates were noted from RBC analyst Mick Abramsky collected information from 180 Best Buy locations with results showing 84% of 64BG RIM PlayBooks sold were in late April.

Macy's Inc regained its investment grade debt rating on Wednesday from Standard & Poor's, which cited the retailer's robust performance, with results ahead of peers.

Can relationships with big age gaps work? Surely yes, at least for these celebrities. When it comes to love, age is nothing but a number to them. It may not be so much the number of years but the elements such as life experience and maturity, which tend to be associated with age, that may make or break relationships.

San Francisco chooses Microsoft to host its cloud-based email client.

The love child of former California Governor Arnold Schwarzenegger has been kept a secret for over a decade and may have benefited Schwarzenegger as well as Mildred Patricia Baena but not Maria Shriver, who has called the news painful and heartbreaking.

A defense lawyer channeling Donald Trump, an informant dubbed Gossip Queen and a secret stash of cash.

Citigroup Inc has awarded Chief Executive Vikram Pandit over $16.6 million in deferred compensation plus stock options as a retention bonus, a far cry from the $1 salary he took in response to the financial crisis.

Wall Street snapped its three-day losing streak on Wednesday thanks to a rebound in commodity prices and Dell's strong earnings, but investors say stocks still face headwinds.

President Barack Obama's campaign team has created Made in USA t-shirts and coffee mugs in light of recent allegations that he is not in-fact American.

The following are the Federal Reserve's staff forecasts as contained in the minutes of recent Federal Open Market Committee meetings:

Sony Corp said it discovered a security flaw on one of the websites set up to help the 77 million users affected by April's massive data breach reset their passwords.

Britain's 300-year-old copyright laws look set for a shake-up after the government welcomed proposals to put the country on a par with international competitors.

Sony Corp has shut down a website set up to help millions of users affected by April's massive data breach after finding a security hole.

Google says there was a security flaw in Android 2.34, but it has been fixed.