IBT Staff Reporter

The U.S. trade deficit widened in December to its highest level in four months, the U.S. government said on Friday in a report that also showed the annual trade gap expanded nearly 33 percent in 2010 as imports from China hit record levels.

U.S. stocks fell on Friday as market uncertainty over Egypt grew amid risks of spreading unrest in the Middle East.

The former Governor of California tweeted Thursday that he plans on returning to Hollywood.

U.S. stocks fell at the open on Friday as market uncertainty over Egypt grew amid risks of spreading unrest in the Middle East.

President Barack Obama said late Thursday it was not yet clear how Egypt's government is moving to transfer authority, on the same day when Egyptian President Hosni Mubarak said he would be handing some of his powers to his vice president but would remain in office until September's elections.

Two and a half years after tragedy hit Jennifer Hudson's family, the singer sat down with Oprah Winfrey to speak out about the murders of her mother, brother and nephew.

The loud and excessively-tanned party girl of MTV's reality show Jersey Shore topped a poll as the nightmare celebrity date for Valentine's Day.

Humans were able to store at least 295 exabytes of information as of 2007, says a new study that estimated the world's technological capacity to store, communicate, and compute. In decimal terms, an exabyte is equal to a billion gigabytes.

The world's top mobile phone maker Nokia will cut jobs in Finland and elsewhere as the company reforms its strategy, said Chief Executive Stephen Elop.

Gold prices eased a touch on Friday, pressured by gains in the dollar and softer investment demand for the metal after a raft of well-received economic data boosted interest in other assets.

Nokia is dropping its home-grown platforms and putting Windows Phone 7 on its devices, dropping the Symbian and MeeGo platforms.

BP has offered its Russian venture TNK-BP a chance to join its partnership with Rosneft , TNK-BP's deputy CEO told reporters on Friday, signaling a possible resolution to a row.

Steve Jobs, chief executive of Apple Inc, who is on medical leave since past three weeks, is still taking company’s strategic decisions and is closely involved in Apple’s day-to-day functioning

A book authored by a WikiLeaks defector claims that the founder of the whistleblower website, Julian Assange, has four 'love children' across the world. An excerpt of the tell-all book was leaked to gossip website Gawker.

According to reports in the Daily Express, the Glazer family, owners of Manchester United Football Club, have closed in on a deal to sell the club to Qatar Holdings for £1.6 billion, double what they paid when they brought the club in May 2005.

The Obama administration on Friday will unveil long-awaited proposals for what could lead to the most sweeping changes to the way Americans buy their homes in decades.

On the heels of HP's Pre 3 and Veer announcement, pre-orders for the Pre 2 open.

Calling for restoration of normalcy in the country, the Egyptian army on Friday released a statement endorsing the transfer of powers from embattled President Hosni Mubarak to Vice President Omar Suleiman.

President Obama announced his latest wireless Internet initiative, which aims to cover 98 percent of Americans.

U.S. stock index futures fell on Friday as uncertainty gripped markets following Egyptian President Hosni Mubarak's refusal to step down after more than two weeks of civil protests throughout the country.

HP has arrived late to the tablet party and though its flagship tablet TouchPad has the design to counter Apple's iPad, it does look rather challenged in terms of specifications, especially when compared with a host of recent Android tablets like Motorola Xoom.

U.S. stock index futures fell on Friday as uncertainty gripped markets following Egyptian President Hosni Mubarak's refusal to step down after more than two weeks of civil protests throughout the country.

Total reported bumper earnings on Friday, bolstered by stronger oil prices, and the French oil major unveiled plans to spend $20 billion this year on new oil and gas projects to boost flagging production.

Looking for a hot idea for a Valentine’s Day promotional giveaway or business gift? Look no further!

A growing realization of the importance of inculcating administrative and business skills even in those who wish to grow their careers in the long term in creative fields such as art, fashion and entertainment have led to a number of management programs with an interdisciplinary bent that can groom managerial talent for these fields.

Nokia and Microsoft have teamed up to take on Google and Apple in the fast-growing smartphone market use Windows Phone as the software platform for its smartphones as part of new chief executive Stephen Elop's overhaul of the world's biggest cellphone maker.

Nokia unveiled new financial targets on Friday and said it was teaming up with Microsoft to take on Google and Apple in the fast-growing smartphone market.

Wall Street is set for a weaker open on Friday, with futures for the S&P 500, Dow Jones and Nasdaq futures down 0.4 percent to 0.6 percent at 1117 GMT.

Elliott Associates, the $17 billion U.S. hedge fund, added its voice to demands that chemicals giant DuPont raise its $5.8 billion bid for Danisco, the Danish maker of food ingredients and enzymes.