IBT Staff Reporter

Billionaire hedge fund manager Philip Falcone recently gave investors a little more information about three government investigations into his Harbinger Capital Partners fund firm.

LG has launched its LG Optimus Big smartphone in its native country of Korea yesterday. The smartphone is equipped with a large 4.3 inch display, which makes it the largest LG phone to date. It's 10.1 mm thick and weighs 151g.

The hacking of Sony Corp's PlayStation Network has earned a place in the annals of Internet crime.

Economic growth braked sharply in the first quarter as higher food and gasoline prices dampened consumer spending and sent inflation rising at its fastest pace in 2-1/2 years.

The Dow Jones transports closed at an all-time high on Thursday, leading U.S. stocks higher and signaling more gains due to its role as a touchtone of economic demand.

Exxon Mobil Corp and Royal Dutch Shell Plc reported significantly bigger first-quarter profits and beat analysts' forecasts, helped by high oil prices and strong refining margins.

Yandex, Russia's most popular internet search engine, plans to raise up to $1 billion in an initial public offering on Nasdaq, it said on Thursday.

NASA officials are optimistic weather won't play a factor into the Endeavour launch tomorrow.

“Our 4G LTE network is up and running.” the company said in a statement.

Here's a look at photos of Kate Middleton and Prince William on the few days prior to their wedding.

Pending sales of existing U.S. homes were much stronger than expected in March and a homebuilding company trimmed losses, offering faint glimmers of hope for the depressed U.S. housing market.

The full text of the patent infringement complaint filed by Samsung against Apple.

American International Group sued two money management firms on Thursday as the bailed-out insurer launched a fight to recoup billions of dollars it said it lost due to fraud.

'Friends' star Jennifer Aniston may soon be heading to New York as the actress is about to close a deal on her new abode - a $5.9 million penthouse in the West Village.

Thirteen years after the Justice Department filed an antitrust lawsuit against Microsoft, accusing the software giant of using its market power to pummel potential rivals, the case will soon be history.

Pending sales of existing U.S. homes rose a much stronger than expected 5.1 percent in March, data from a real estate trade group showed on Thursday.

South Park does a satire of the Apple tracking controversy using the movie Human Centipede as a backdrop.

The much anticipated Royal Wedding has finally arrived. On Friday, April 29, Prince William and Kate Middleton will finally tie the knot in a ceremony at Westminster Abbey in London.

PepsiCo Inc reported quarterly profit slightly ahead of Wall Street expectations, helped by higher sales volume in both its snacks and drinks units, and stood by its full-year outlook.

Apple has rejected an iPhone game that involves driving a truck gull of immigrants through a desert while trying to keep them in the vehicle.

Economic growth braked sharply in the first quarter as higher food and gasoline prices dampened consumer spending and sent inflation rising at its fastest pace in 2-1/2 years.

Google Inc has not given up on its goal of making renewable energy cheaper than coal for consumers but it is not predicting victory soon, its director of green business operations said.

Silver soared to an all-time high on Thursday and gold rose to another record, as a falling dollar and signs that the Federal Reserve would maintain a loose monetary policy boosted precious metals' appeal as a hedge against inflation and economic uncertainty.

Crude oil prices turned lower on Thursday in volatile trade after rising more than $1 a barrel, as lift from a weak dollar gave way to worries about the oil demand outlook.

Baidu Inc more than doubled its profit in the first quarter and forecast stronger-than-expected revenue for the second quarter, betting on strong online advertising demand among China's businesses.

The world of bank regulation is not known for flamboyance but even within this beige universe Martin Gruenberg has a decidedly low-key public manner.

Samsung filed a countersuit to Apple's patent claim, accusing the Cupertino, Calif.-based technology giant of infringing on 10 U.S> patents.

Economic growth slowed more than expected in the first quarter as higher food and gasoline prices dampened consumer spending, and sent a broad measure of inflation rising at its fastest pace in 2-1/2 years.

Canada's largest software company Open Text Corp has strong prospects for growth partly due to its solid pipeline, analysts said, and raised their price target on the stock, a day after it posted a jump in quarterly profit.