IBT Staff Reporter

Soaring jet fuel costs pounded Delta Air Lines and US Airways Group in the first quarter, leading both to post losses, but rising fares eased the blow, and Delta said it aims to recapture the full cost of fuel on every flight.

In the wake of Apple's iPhone tracking scandal, some government organizations have begun investigating allegations that Apple has intentionally tracked its customers.

A half-dozen U.S. industrial multinationals beat Wall Street earnings estimates and raised their full-year forecasts on strong performance in overseas markets and a rebound in U.S. auto and truck production, pushing share prices higher.

The National Weather Service predicted severe thunderstorms and chances of tornadoes across six southern states Tuesday afternoon and into Wednesday, as severe weather continues to impact the region.

Consumers felt better about the short-term outlook for the economy in April as expectations about the pace of inflation and concerns about the labor market eased.

U.S. consumer confidence rose in April as inflation expectations eased somewhat and consumers felt better about the short-term outlook, according to a private sector report released on Tuesday.

Ford Motor Co reported its best first-quarter profit since 1998 as higher prices for such redesigned vehicles as its tiny Fiesta more than offset pressure from spiking commodity and oil prices.

Ford Motor Co reported its best first-quarter profit since 1998 as higher prices for such redesigned vehicles as its tiny Fiesta more than offset pressure from spiking commodity and oil prices.

Oil prices seesawed in volatile trading on Tuesday, as investors eyed a U.S. Federal Reserve two-day policy meeting for any signal of a change in monetary policy.

Consumers perked up a bit in April as they lowered their forecasts for inflation and worried less about the jobs market, but yet another fall in house prices underscored the challenges facing the recovery.

Wall Street rallied and the S&P 500 hit its highest level since June 2008 on Tuesday as a flood of positive corporate results added to increasing optimism about the economic growth outlook.

Oracle Corporation announced that its president, Safra Catz will be taking over as chief financial officer in the wake of CFO Jeff Epstein's departure.

The American computer scientist John McCarthy -- who coined the phrase artificial intelligence -- predicted in 1961 that computing power may someday become a public utility, much like electricity or water.

Analysts remained confident of Netflix Inc's web streaming services growth model, despite a disappointing profit outlook that triggered a sharp fall in the company's stock price on Monday.

Boeing Co said on Tuesday it could make a long-awaited decision on the future of its popular 737 aircraft line by the middle of this year.

French President Nicolas Sarkozy threw his weight behind Mario Draghi's candidacy to head the European Central Bank on Tuesday, giving a major boost to the Bank of Italy chief's hopes of succeeding Jean-Claude Trichet.

Oil prices seesawed near unchanged in volatile trading on Tuesday, as investors eyed a U.S. Federal Reserve two-day policy meeting for any signal of a change in monetary policy.

A group of anonymous internet activists have surged to prominence in Germany by examining the doctoral dissertations of politicians for plagiarism on a public Internet site.

China's massive Internet market should not be singled out and treated differently from other Internet markets in the world, a Google China executive said on Tuesday.

Sony launched its first tablet computers Tuesday in an ambitious attempt to grab the No.2 spot from Samsung in a fast-growing market dominated by Apple's

With Sony's PlayStation Network's outage now its sixth day, new theories have attempted to answer the questions that Sony has so far avoided.

Spain's short-term borrowing costs jumped on Tuesday as euro zone markets returned from the Easter break still fretting about a potential Greek debt restructuring with knock-on effects on other sovereigns.

Electronic Arts Inc's chief operating officer has resigned, and a source close to the matter said he will take an executive post at Zynga, the privately held social games company.

Solid earnings from Ford, 3M Co and United Parcel Service lifted stocks on Tuesday, but the rally to around three-year highs may face a hurdle as the Federal Reserve begins a policy meeting.

YouTube is preparing a video rental service according to one report.

Coach Inc reported a higher-than-expected quarterly profit as sales at its North American stores soared, but the upscale handbag maker warned that the disasters in Japan would dent results.

It was announced last week that comedian Jim Carrey will join the cast of NBC's The Office for a 50-minute finale special.

Before Schalke's biggest game in their history against Manchester United in the Champions League semi final, the German side couldn't resist cheeky jibes aimed at Manchester United and England in general.

United Parcel Service reported a quarterly profit that beat estimates as price hikes stuck, and the world's largest package delivery company raised its 2011 forecast for record results.