IBT Staff Reporter

China's customs authorities detained a Glencore trader as part of an investigation into fuel imports and potential tax evasion, sources with direct knowledge of the situation said on Friday.

This year is set to be a blockbuster for deals, exemplified by mega acquisitions such as T-Mobile USA or Genzyme, with turmoil in the Middle East and Japan causing just a temporary slowdown.

Fourth-grade students in the College Station Independent School District (CSISD) in Texas have completed six weeks of a NASA health and fitness challenge known as Mission X: Train Like an Astronaut.

SUZAKU observatory shows evidence of million-degree gas clouds in galaxy

Japan needs to be careful about taking on new debt to fund relief and reconstruction after this month's deadly earthquake and tsunami, and may review its plan to cut the corporate tax, top economic officials said on Friday.

Fannie Mae was warned in a 2006 internal report of abuses in the way lenders and their law firms handled foreclosures, The Wall Street Journal reported on Thursday.

Rumors that Will Ferrell will Replace the outgoing Steve Carrell on 'The Office are not likely, one cast member says.

The United Auto Workers, as part of an effort to broaden support among middle class Americans as it approaches bargaining with the three major U.S. automakers, on Thursday rallied at a downtown Detroit branch of the Bank of America

Sen. Rand Paul of Kentucky said on Thursday that he is considering a run to be the Republican party's presidential candidate in 2012, but it depends on whether his father Rep. Ron Paul of Texas runs.

Japan's government needs to be careful about taking on new debt to fund relief and reconstruction after this month's deadly earthquake and tsunami and may review its plan to cut the corporate tax rate, top economic officials said on Friday.

Blackberry maker Research In Motion on Thursday warned its earnings would slip as it spends heavily on the launch of its PlayBook tablet, sending its shares tumbling as much as 12 percent.

Sarah Palin said on Thursday that she would no longer whine about the liberal press.

Apple is launching its iPad 2 in more than 25 countries on March 25th, 2011. Their supply shortage is not stopping them from launching the products abroad quickly.

The Japanese government aims to have an emergency budget for post-quake relief and reconstruction by the end of April, Finance Minister Yoshihiko Noda said on Friday.

The United States is staging high-profile submarine exercises in the Arctic Ocean this month as evidence mounts that global warming will lead to more mining, oil production, shipping and fishing in the world's last frontier.

The following is text of a proclamation on the 100th Anniversary of the Triangle Shirtwaist Factory Fire issued by President Barack Obama on March 24, 2011

U.S. Military officials are working on details on the transfer of command and control power for enforcing a no-fly zone over Libya.

Orders for long-lasting U.S. manufactured goods fell in February as companies scaled back investment plans for a second month in a row, suggesting a cooling off in business spending.

The Germany based car company has introduced its new car Porsche 918 Spyder, clocking in at an incredible $845,000. The company will only produce 918 models. Manufacturing will begin September 13, 2013 in Germany.

A shortage of auto parts stemming from Japan's earthquake may cut global vehicle output by 30 percent within six weeks in a worst-case scenario, research firm IHS Automotive said on Thursday.

NATO, with all its 28 member nations in agreement, agreed on Thursday that it will take over command and control of operations to enforce a no fly zone over Libya and all necessary measures to protect civilians, with the United States handing over the heavy lifting to its partners.

Research In Motion's net profit jumped 32 percent in its fiscal fourth quarter, boosted by strong global BlackBerry smartphone sales as it readies next month's North American launch of its PlayBook tablet computer.

It has been called a lot of things over the years: grass, pot, Mary Jane, wacky weed. Now, researchers are suggesting a new moniker for marijuana: alternative investment.

Google Inc is delaying widespread access to the new version of its Android software, saying it has more work to do before the product is ready for certain types of devices.

Dell, the world's second-biggest computer maker, has not seen any material disruption to electronics supply chains as a result of the Japanese earthquake of two weeks ago, a senior executive said.

Barclays Capital raised its 2011 oil price forecasts on Thursday to reflect the cumulative effect of the fundamental and geopolitical developments in 2011 and importance of events over the past 10 days in particular, the company said in a note to clients.

Oracle Corp forecast a 4 to 14 percent rise in sales of new software this quarter and hiked its dividend by a fifth, fueling hopes that a global resurgence in technology spending remains intact.