IBT Staff Reporter

A patent application, filed September 2009, describes a low-power projector design that would be cheaper to manufacture than current versions.

France Telecom and Deutsche Telekom will share parts of their mobile networks in Poland, Austria, and Romania, saving perhaps 650 million euros in operating and investment costs a year, sources said.

Oil rose on Friday, with Brent crude surging past $123 a barrel, as improving U.S. consumer confidence and industrial production eased concerns about rising fuel costs.

The Group of 20 nations agreed on Friday on a way to measure the potential risks to the global economy posed by national economic policies as part of a plan to avoid a repeat of the 2007-2009 financial crisis.

Bank of America Corp posted an unexpectedly sharp drop in first-quarter profit as higher expenses from delayed home foreclosures weighed on its mortgage business.

The Group of 20 nations agreed on Friday on a way to measure the potential risks to the global economy posed by national economic policies as part of a plan to avoid a repeat of the 2007-2009 financial crisis.

The biggest difference between President Barack Obama and Republican plans on spending and over the next decade or so is in healthcare, although smaller, but significant spending differences remain in other categories. The U.S. debt, currently at $14.3 billion will grow by trillions of dollars under budget plans from both sides.

Greece laid out plans to sell stakes in key state firms and make further budget savings on Friday but failed to quell fears of debt restructuring fanned by a German official's comments.

Encouraging economic indicators sent U.S. stocks higher on Friday, but the market's recent struggles are set to continue into next week when more than one-fifth of S&P 500 companies report results.

To judge by their polar opposite reactions, two top U.S. Federal Reserve officials could have been looking at completely different sets of U.S. inflation data on Friday.

Lady Gaga was supposed to release her new single Judas on April 18, but Capital FM in London played the song Friday, during the radio station's Home Run program.

NASA scientists watching the sun are bracing for a big jump in solar activity as the quietest period in decades comes to an end.

Holes in the program leave the user profile information, conversation logs, account balance, addresses, and cell phone number easily accessible.

A Morgan Stanley property fund failed to make $3.3 billion in debt payments by a deadline on Friday, handing over the keys to a central Tokyo office building to Blackstone and other investors, the largest repayment failure of its kind in Japan.

Here's something you may have missed amid all the hoopla about Warren Buffett's Lubrizol buyout: the Oracle of Omaha is now a baron of the global chemical industry.

Rising food and gasoline costs lifted U.S. consumer prices overall in March, but underlying inflation pressures were contained and consumers grew more confident about the economy in early April.

Inflation accelerated in Asia and Europe in March while the United States bucked the global trend with underlying price pressures largely in check, leaving monetary policy on diverging paths around the world.

President Barack Obama continues pushing cyber security with the introduction of the National Strategy for Trusted Identities in Cyberspace (NSTIC).

The Consumer Price Index data for March was in line with low underlying inflation, a top U.S. Federal Reserve official said on Friday, adding it is too early to determine whether commodity price spikes are playing a role.

ABC announced it will be canceling two daytime soap operas, All My Children and One Life to Live.

A Moody's downgrade and growing speculation Greece may eventually restructure its debt took the shine off Ireland's thumbs-up from the EU and the IMF Friday for its efforts to claw its way back from crisis.

Here are five reasons to stay away from the premature PlayBook - at least until RIM plugs the tablet's holes.

Bank of America Corp's Merrill Lynch brokerage business provided a bright spot in an otherwise dismal first quarter for the bank, reporting sharply higher revenue and client assets as well as a net increase of nearly 200 financial advisers.

A number of T. Rowe Price Group Inc mutual funds reported owning stakes in Facebook Inc, valuing the fast-growing social media firm at $25 per share.

Charles Schwab Corp , the largest U.S. discount brokerage, posted higher-than-forecast earnings as rising stock markets fueled increased trading and fees from clients, sending the stock up more than 2 percent.

Merrill Lynch is giving some regional managers permission to offer unusually high upfront signing bonuses to attract top-tier brokers from rivals, according to several recruiters.

Consumer sentiment rose more than expected in April as worries about the impact of higher oil prices on economic growth eased slightly, a survey released on Friday showed.

U.S. consumer sentiment rose more than expected in April as worries about the impact of higher oil prices on economic growth eased slightly, a survey released on Friday showed.

Lionel Messi, and not Cristiano Ronaldo, is on the way to greatness according to Barcelona and Netherlands legend Johan Cruyff.