IBT Staff Reporter

A federal judge dismissed a lawsuit by two of Bernard Madoff's former customers accusing the U.S. Securities and Exchange Commission of negligence for failing to uncover the now-imprisoned swindler's Ponzi scheme.

Sudan produces up to 81,000 tonnes of camel meat per year. Down there, it's common food.

A National Semiconductor shareholder doesn't think the company's executives acted in the best interests of shareholders with the Texas Instruments merger.

Endeavour passes final inspection and is ready for the April 29 launch.

Canadian e-reading service provider Kobo Inc said on Tuesday it closed a C$50 million ($53 million) investment round aimed at speeding up expansion and new product development.

Samsung aims countersue Apple, which claimed the former company infringed on its iPhone patents.

The U.S. has given the go-ahead for the construction of the nation's first offshore wind energy farm by Fall.

The lawsuit over the content of Taco Bell's seasoned beef has ground to a halt.

Encouraging results from health care and materials companies lifted U.S. stocks on Tuesday, but weak earnings from Goldman Sachs limited gains in a market skeptical of the growth outlook.

Senate Minority Leader Mitch McConnell on Tuesday rejected the notion of committing to future budget cuts after the President leaves office as he appointed a fellow Senate Republican to a debt panel to discuss how to reduce the long-term federal deficits.

The CURRENT SURGE in silver prices worldwide might seem dramatic, but it's more measured - so far, at least - than the true silver bubble that went Bang! in Jan. 1980. Even so, you might as well call this a record price.

U.S. Treasury Secretary Timothy Geithner, going on the offensive one day after Standard & Poor's threatened to lower its top-tier rating on U.S. government debt, said on Tuesday there was no risk of a downgrade.

Warren Buffett and the rest of Berkshire Hathaway Inc's board of directors were sued by a shareholder on Tuesday over presumed heir apparent David Sokol's trading in the stock of a company that was later bought by Berkshire.

Treasury Secretary Timothy Geithner on Tuesday said bipartisan framework that sets targets for deficit reduction over the long-term could could be agreed to in the next few months, but exactly how to go about that would not happen soon.

Lenders would be required to make sure prospective borrowers have the ability to repay their mortgages before giving them a loan, under a proposal released by the Federal Reserve on Tuesday.

Johnson & Johnson reported stronger-than-expected quarterly earnings, fueled by higher prescription drug sales and stabilizing performance of its consumer products business that has been plagued by recalls.

Research In Motion's PlayBook tablet computer launched in almost empty stores on Tuesday, unable to whip up the frenzy that accompanies the debut of anything from rival Apple.

The EU's telecoms chief threatened on Tuesday to impose tougher rules to ensure Internet providers do not discriminate against some content companies such as internet voice call providers like Skype.

Warner Bros. finally officially announced the roles Joseph Gordon-Levitt and Marion Cotillard will have in Christopher Nolan's third Batman film, The Dark Knight Rises.

Apple will soon carry Square's innovative credit card reader at its 235 stores.

The twins Cameron and Tyler Winklevoss, along with their business partner Divya Narendra, are appealing a recent court ruling that says they have to abide by a previous settlement reached with Facebook.

Clarence House, where Prince William and Kate will live soon after their royal wedding on April 29, is reportedly valued at $76.68 million, according to new stats by British real estate website Zoopla.

Minnesota is looking for people to test technology that could one day be used to collect fees based on driving mileage.

Google Maps opens up to self-editors; who can add their own destinations, points of interest, etc.

Goldman Sachs Group Inc posted a 72 percent decline in quarterly earnings as trading revenue dropped, and the bank cautioned that its businesses face headwinds.

U.S. stocks rose on Tuesday after encouraging earnings from healthcare and materials companies and unexpected strength in housing, but weakness in technology and banks tempered gains.

U.S. crude oil rose Tuesday while Brent seesawed as a down dollar and firmer equities provided some lift to a market that had slumped on worries over sovereign debt and oil demand.

President Barack Obama leads Donald Trump by 15 percentage points in a hypothetical 2012 matchup, according to a new poll by Rasmussen Reports.

President Barack Obama is teaming up with Facebook to talk about the nation’s economy and plans to deal with financial challenges.