IBT Staff Reporter

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American Idol contestant, Casey Abrams, hospitalized

You'll notice that Casey is missing from the group. He is unfortunately sick and in the hospital right now. Wave to him ... We know you're watching buddy, feel better - shout out to the nurses. Get back here soon, okay? said host Ryan Seacrest.

Covered bond advocates gather to push case for market

by Rachelle HornNEW YORK, March 11 - Covered bond advocates descended on Capitol Hill on Friday to testify before the House Financial Services Committee as the cause for establishing a market in the United States looks to be gaining traction.

Hulu plans to shrink its board: report

Internet video firm Hulu is planning to reduce the size of its board in an attempt to streamline decision-making within the venture, the Wall Street Journal said, citing people familiar with the plan.

U.S. Activates Aid Efforts for Japan in Quake Aftermath

The U.S. will assist Japan with heavy lifting equipment to move debris and has activated two search and rescue teams to help in the aftermath of the massive 8.9 magnitude earthquake and subsequent Tsunami on Friday that has already killed hundreds of people and has injured and displaced many others.

Five wealthiest rappers [PHOTOS]

While the five rappers on this list are probably no surprise, here is the list of today's wealthiest rappers as reported by Forbes.

Lines form at Apple stores ahead of iPad 2 sale

Hundreds of people are lining up at Apple Inc stores on both U.S. coasts hours before the iPad 2 goes on sale on Friday, signaling strong appetite for a device that extends Apple's lead in the fledgling market it created.

Nokia more confident on Navteq

Nokia, the world's top cellphone maker by volume, is more confident that it will not need to write down its $8.1 billion Navteq acquisition, a corporate filing showed on Friday.

Toshiba partner says chip production resumes

Toshiba's main facility producing flash memory used in tablets and smartphones has resumed production after the Japanese earthquake and chip prices could rise due to the setback and logistic problems.

U.S. courts confront China's involvement in price fixing

NEW YORK, March 11 - In a closely watched case that could test the reach of U.S. antitrust law, four Chinese companies face powerful evidence that they colluded to limit production and fix prices of vitamin C in the United States. The evidence is so convincing, in fact, that the defendants have not contested the allegations.

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