IBT Staff Reporter

While the attacks against Sony by the hacktivist group Anonymous don't seem to have materialized, a Facebook page entitled Operation SONY has been set up, pointing to some kind of action on April 16.

U.S. stocks advanced on Tuesday as a large acquisition helped lift positive sentiment and offset another rate hike in China.

President Barack Obama will visit Facebook's California headquarters on April 20 and hold a town hall forum on the economy with Facebook Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg, the White House said on Tuesday.

House Speaker John Boehner and Senate Majority Leader Harry Reid are meeting together with their teams to avert a federal shutdown on April 8 -- President Barack Obama's team won't be at the meeting at the Speaker's request, the President said Tuesday.

Former BP Plc chief executive Tony Hayward denied on Tuesday he was setting up an investment firm as he left a private meeting in one of the most luxurious hotels in the United Arab Emirates.

Divisions at the U.S. Federal Reserve over how soon to reverse course on monetary policy emerged more clearly last month, although the central bank appeared intent to complete a $600 billion bond-buying plan.

The FCC launched a new website, complete with Web 2.0 technologies.

Miley Cyrus, who had quit Twitter for a long time, returned to the social networking site for two reasons: her fans and Charlie Sheen.

The jury at Galleon Group hedge fund founder Raj Rajaratnam's insider trading trial will not hear evidence of videotapes, fax and phone records from 1998 linking him to a former Intel Corp employee, the judge ruled on Tuesday.

CBOE Holdings Inc Chief Executive Officer William Brodsky, who steered the operator of the biggest U.S. options market through an initial public offering last June, got a $9.58 million pay package in 2010.

According to the survey, overall satisfaction rates for Verizon and AT&T customers were almost identical, but AT&T subscribers reported higher rates of dropped calls.

A one-bedroom trailer in Malibu near ‘Baywatch beach’ is currently on the market for more than $2 million.

By Rob Cox and Robert Cyran, Reuters Breakingviews

The lizamoon scareware attack got a lot of attention because it supposedly infected a 1.5 million web pages, but some experts are now saying the effect was likely orders of magnitude smaller.

March sales at U.S. retail chains probably dropped modestly, held back by the combination of a later Easter and higher gasoline prices.

Republicans and Democrats failed to reach agreement on Tuesday during White House talks aimed at forging a budget deal that would keep the U.S. government operating beyond Friday.

Corrects throughout to show that weighting changes are by percentage points, not percent

The U.S. services sector growth slowed in March, according to an industry report released on Tuesday.

Wednesday, April 5 marks the 17th anniversary from the day the lead singer and guitarist of Nirvana, Kurt Cobain took his own life by shooting himself in 1994.

Brent crude jumped to a 2-1/2 year peak above $122 a barrel on Tuesday, gaining for a fourth day as conflict and unrest in Africa and the Middle East more than offset China's latest interest rate hike.

According to a new report from Symantec cyber criminals aimed at big business with targeted attacks.

House Speaker John Boehner did not reach a deal at a meeting at the White House with President Barack Obama and Senate Democrats to fund the federal government for the rest of the fiscal year, his office said on Tuesday.

Stocks rose on Tuesday, led by tech shares after the proposed merger of two major semiconductor companies and an updating of a key Nasdaq index attracted buyers to the sector.

SpaceX unveiled its latest rocket, called the Falcon Heavy, the most powerful launcher ever built by a private company.

NGP, the successor to Sony's PlayStation portable, is planned for a late 2011 release - but delays may force Sony to push the device's release into 2012.

Internet video company Hulu is on track to nearly double its revenue to $500 million and bring its subscriber count to more than 1 million this year, its top executive wrote in a blog post on Monday.

Diamond Foods Inc will buy Pringles from Procter & Gamble Co for $1.5 billion in stock, snagging a global brand that will more than triple the size of its snack foods business.

With the days of planting flags across the globe long gone, western European telecoms are unlikely to rush to merge even as deep-pocketed emerging market rivals entertain deals at the edges of their territory.

Republicans in the House of Representatives have proposed a 2012 fiscal budget that is 4.6 percent smaller than President Barack Obama did in Mid-February.