IBT Staff Reporter

Apple Inc. Chief Executive Steve Jobs, who is out on medical leave, has been ordered by a federal magistrate to answer questions from plaintiffs' lawyers in an antitrust lawsuit related to his company's iTunes business.

U.S. wireless operators will have to pay higher subsidies for cellphones as they come with more features, according to Dan Hesse Chief Executive of Sprint Nextel.

As a sex offender, the Super Bowl hero is barred from porn websites and sex shops. He also cannot be alone with underage kids, except his 5-year-old son and his friends, and has to be home between 1 a.m. and 5 a.m.

Walgreen Co said it could face pressure from government agencies pushing back on how much they reimburse for the prescriptions it fills in a slowly recovering economy, and shares of the largest U.S. drugstore chain fell more than 8 percent.

A recent survey suggests small businesses are not prepared in the event data gets wiped out.

Samsung announced an 8.9-inch version of its Galaxy Tab, as well as a redesigned version of its 10.1-inch tablet.

A shortage of parts will force Sony Corp to cut production or suspend output at five more plants in Japan following the country's catastrophic earthquake this month that has hit the global supply chain.

Dollar General Corp said this year's sales and profit would likely top analysts' expectations as it remodels its stores and sells more food and clothing, sending its shares up over 2 percent.

Billionaire Warren Buffett on Tuesday said he is looking to invest in large countries like India, China and Brazil, but added that restrictions on foreign ownership in India's insurance industry could act as a deterrent in the sector.

Fresh off a tense exchange with a ballroom full of community bankers, U.S. bank regulator Sheila Bair again tried on Tuesday to sell the benefits of the new financial reform law.

U.S. stocks edged lower on Tuesday following three days of gains, but the recent rally has investors feeling less edgy about crises in Japan and Libya, and should help keep losses in check.

Wal-Mart Stores Inc will urge the Supreme Court next week to reject the largest class-action sex-discrimination lawsuit in history, brought by female employees who seek billion of dollars.

Research In Motion's long-awaited tablet, the BlackBerry PlayBook, will go on sale in North America on April 19 at a base price of $499, matching the pricing for Apple's latest iPad.

The Federal Reserve earned a record $81.7 billion in 2010, largely on investments made to help the economy and banks weather the 2007-2009 financial crisis, and turned the bulk of it over to the U.S. Treasury.

Stocks edged lower on Tuesday following three days of gains, but the recent rally has investors feeling less edgy about crises in Japan and Libya, and should help keep losses in check.

Dollar General Corp reported a higher-than-expected profit and said sales and profit should rise again this fiscal year.

U.S. stocks edged lower on Tuesday following three days of gains, but further losses may be limited as investors have adapted to a defensive strategy.

People.com is reporting that Lindsay Lohan's dad, Michael, was arrested on three felony charges Tuesday in West Hollywood.

The cheapest version of the device will be priced at $499, similar to the iPad 2.

Walgreen Co reported a higher profit as sales of general merchandise rose during the holidays and Valentine's Day and the drugstore chain filled more prescriptions.

The Wi-Fi Alliance is looking to make accessing Wi-Fi easier by certifying hotspots.

The U.S. debt situation is at a tipping point, Dallas Federal Reserve Bank President Richard Fisher said on Tuesday, and urged the U.S. central bank to refrain from any further stimulus measures.

Regulatory pressure prompted Sanofi-Aventis and Merck & Co to abandon plans for a joint animal health powerhouse with $5 billion in sales.

LinkedIn, the online social network for professionals and job seekers, now has 100 million members worldwide and more than half are from outside the United States.

The horse-drawn coach that will transport Kate Middleton from Westminster Abbey for her first ride as a princess is the same one used mostly by Queen Elizabeth when he is entertaining visiting heads of state, reports People.com

Billionaire investor Warren Buffett said on Tuesday he was looking to invest in large countries like India.

Hacking ring reportedly has access to nude photos from 50 celebrities.

Amazon has launched its Android Appstore with curatorial element to take on the Android Market but in the process was sued by Apple for trademark violation.

Amazon has entered the mobile app market, but not without stepping on Apple's toes.