IBT Staff Reporter

Teen YouTube sensation Rebecca Black sings gleefully about the weekend in her Web video hit Friday, -- and now the 13 year-old has something even more exciting to crow about.

Oil dropped nearly 3 percent on Monday, falling from 32-month highs as concerns that rising fuel costs will erode demand and threaten the economic recovery spurred profit-taking.

Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said on Monday.

The personal records of some 3.5 million Texans were inadvertently exposed after they were placed on a state computer server that was accessible to the public for about a year, state officials said on Monday.

Former Massachusetts Gov. Mitt Romney on Monday blamed President Barack Obama's policies for high unemployment and declared he will officially test the waters for a Presidential run by forming an exploratory committee.

Endo Pharmaceuticals Holding Inc moved to reduce its dependence on its branded products that face generic threats by buying urological devices maker American Medical Systems Holdings Inc for $2.6 billion.

Stocks mostly fell on Monday as energy shares sold off on lower oil prices and the onset of earnings season was clouded by concern company outlooks may fall short of expectations.

NASA is celebrating Yuri Gagarin's famous flight in space all week long.

Tutankhamun fascinates people. His gold mask is one of the best-known images on the planet, deeply embedded in the collective consciousness of billions of people. His mysterious death, his legendary treasures and the ubiquitously mentioned curse of the pharaohs fires our imagination. This is what makes Tutankhamun a superstar, a magnet that will always attract hundreds of thousands of people everywhere in the world.

Renault Chief Operating Officer Patrick Pelata resigned on Monday, taking the flak for the embarrassing fiasco that started as a probe into suspected industrial espionage case and ended as a fraud case.

Rumors of the update surfaced as early as last week, when Nokia released a teaser hinting - or perhaps directly announcing - that it was planning something big for Symbian.

Rupert Murdoch's News International has asked nine people who claim their phones were hacked by the newspaper group to provide more evidence, after apologizing for the first time to eight others on Friday.

A federal appeals court has ruled that former classmates of Facebook founder Mark Zuckerberg must abide by a deal they made when they fought Zuckerberg over ownership of the idea for a social networking site.

According to a leaked page from Verizon's internal system, the Incredible 2, set to be released via Verizon, will be a world phone compatible with both GSM and CDMA networks.

Nasdaq OMX Group was unbowed on Monday after NYSE Euronext's board rejected its takeover offer in favor of a lower bid from Deutsche Boerse, while the German company looked set to stand pat as the battle for the Big Board intensified.

The snow blowers are coming back to Wal-Mart stores in Minnesota.

Actress Demi Lovato released an explanation of what exactly the physical and emotional issues she was dealing with were in an article in Seventeen magazine.

A mortgage broker, whose secret recordings of two friends who prosecutors say were trying to cover up one of the biggest U.S. insider trading cases on record, pleaded guilty to involvement in the 17-year scheme.

Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said on Monday.

Thai 'red shirts' on Sunday recalled their deadly clashes with government security forces on April 10, 2010 even as the country looks forward to elections in May, five years after a military putsch ousted still influential former Prime Minister Thaksin Shinawatra.

Rupert Murdoch's News International has asked nine people who claim their phones were hacked by the newspaper group to provide more evidence, after apologizing for the first time to eight others on Friday.

Avatar director James Cameron on Monday announced a new venture aimed at making 3D technology cheaper and more accessible to filmmakers and television networks.

Stocks slid on Monday as energy shares sold off on lower crude oil prices and on fears that corporate earnings may not justify a big run-up in stocks.

Two of the Federal Reserve's most powerful officials said on Monday the U.S. central bank should stick to its super-easy monetary policy, arguing inflation is not a threat and unemployment remains too high.

Oil prices slumped on Monday, pulling back from 32-month peaks on concerns about high prices eroding demand and threatening economic recovery as investors eyed attempts to halt Libya's conflict.

Intel Corp introduced a processor for tablet computers to stake out territory in the exploding mobile market dominated by Britain's ARM Holdings.

A mortgage broker who secretly recorded two friends who prosecutors say tried to cover up one of the biggest U.S. insider trading cases on record pleaded guilty to involvement in the 17-year scheme.

Lawyers for Galleon hedge fund founder Raj Rajaratnam called two witnesses at his insider trading trial on Monday in an effort to undermine the credibility of a former employee who testified against him.

Thousands of anti-government protesters in Thailand clad in red shirts who are seeking the end of five years of military rule, gathered near Democracy Monument in Bangkok on Sunday on the first anniversary since violent clashes with Thai security forces.