IBT Staff Reporter

U.S. employment increased more than expected in April as private companies created jobs at the fast pace in five years, pointing to underlying strength in the economy, even though the jobless rate rose to 9.0 percent.

Video games and the Smithsonian American Art museum have something in common: appreciate for art. The Smithsonian has announced that in 2012 it will display the exhibition: The Art of Video Games.

Something Borrowed comes out this weekend. Starring Ginnifer Goodwin, Kate Hudson, Colin Egglesfield and John Krasinski this film tests various friendships when secrets surface about their relationships.

The US government may be forced to hand out pictures of slain terror leader Osama Bin Laden after the Associated Press news agency lodged a request under the Freedom of Information Act asking to see the pictures, Guardian reports.

Though the unemployment rate did tick up to 9%, the U.S. economy had a net increase of 244,000 jobs in April.

Bank of America Corp will test an overdraft program in the first quarter of next year, allowing customers to accept an overdraft fee when a debit transaction is turned down, a company executive said on Friday.

At least one of the helicopters used in the raid on Osama bin Laden's compound might have been a new stealth design, according to several reports emerging from the scene.

Last Pass says it may have overreacted to an anomaly in its network traffic log, but one security firm isn't so sure.

An unexpectedly strong U.S. payrolls report propelled stocks higher on Friday one day after a selloff, but investors were wary that the market's months-long rally may be near a peak.

JPMorgan Chase & Co is in advanced discussions with the U.S. Securities and Exchange Commission to resolve a probe into its role in selling collateralized debt obligations, the bank said.

European mutual fund managers sense an opportunity to drive down the price of Glencore International's bumper $11 billion listing, as fears of slowing global economic growth rattles commodity markets.

Spain's economic recovery remained fragile at the start of the year, despite a pick up in exports and more people coming to its beaches, and doubts persist over the country's ability to grow fast enough to reduce its debt burden.

ST. LOUIS, May 5 - The Justice Department's money-laundering probe against banking giant HSBC Holdings Plc is looking at possible prosecution of individual bankers, a source close to the investigation said on Thursday.

The U.S. private sector in April generated the most jobs since February 2006, but the jobless rate jumped back up to 9 percent from the previous month's 8.8 percent.

The White House and Republicans agreed on Friday that jobs growth is not coming quickly enough despite the latest report showing that private sector jobs growth has continued to growth for the last 14 months.

Oil prices rose on Friday, bouncing up $3 in a slight rebound from a 10 percent crash the previous session.

Apple plans to start planting ARM processors in laptops which would usher in a departure from Intel chips which currently power its MacBook Pros.

Happy Birthday, George Clooney! The original sexiest man alive turns 50 today.

The Federal Bureau of Investigation has raided a house near Tacoma, Washington in search of hackers who went after a really big target: legendary rocker Gene Simmons.

Commodities trader Glencore is being pursued for as much as $900 million in damages through lawsuits including a long-running U.S. case linking it to pollution in the U.S. Virgin Islands.

U.S. private employers shrugged off high energy prices to add jobs at the fastest pace in five years in April, pointing to underlying strength in the economy, even as the jobless rate rose to 9.0 percent.

Wells Fargo & Co on Friday raised its worst-case estimate for litigation losses by 42 percent to $1.7 billion because of its exposure to foreclosure-related legal issues.

European football's governing body, UEFA, has suspended Real Madrid manager Jose Mourinho for five games by Uefa with a fine of £44,000, punishing him for his conduct during and after the first leg of his side's Champions League semifinal against Barcelona.

Gap sacks its chief designer after first quarter figures revealed declining sales.

Oil prices seesawed on Friday turning positive on better than expected U.S. jobs data, which eased fears about global economic recovery that led to a 10-percent price crash the previous day.

The top U.S. securities regulator on Friday called for a broad reassessment of high-frequency trading on the one-year anniversary of the so-called flash crash of 2010.

U.S. stocks jumped at the open on Friday, cutting weekly losses on the S&P 500 in half, after an unexpectedly strong payrolls report eased fears about the path of the economic recovery.

Indonesia on Friday slapped lengthy bans on Citibank's credit card and wealth management businesses over a case of alleged embezzlement and the death of a client following questioning by debt collectors.

Last night, one of the remaining five contestants was eliminated. The person who received the least amount of votes this week was Jacob Lusk.