IBT Staff Reporter

General Motors Co has withdrawn its application for $14 billion in subsidized loans from the U.S. Department of Energy, saying it has the financial strength to fund investment in more fuel-efficient and electric vehicles on its own.

Indian School of Business (ISB), a premier business school based in the south Indian city of Hyderabad, is offering a Fellow Programme in Management (FPM) with a view to churning out high-quality faculties.

Invesco Ltd , one of the largest U.S. mutual fund companies, reported a higher-than-expected quarterly profit as it benefited from a big acquisition and increases in global stock markets.

Facebook has no plans to launch Facebook-branded phones with Taiwanese smartphone maker HTC, it said on Thursday, following reports that it planned to launch an official tie-up next month.

Amazon.com announced the launch of Kindle Singles digital books that are longer than a magazine article but shorter than a typical book. Priced between $0.99 and $4.99, each Kindle Single is intended to allow a single killer idea - well researched, well argued and well illustrated - to be expressed at its natural length.

Lenovo, the world's No. 4 PC brand, will invest $175 million with NEC Corp to form a joint venture to sell personal computers in Japan, it said on Thursday, as it prepares to take on bigger rivals such as Hewlett-Packard and Dell.

Oil giant BP Plc is expected to reinstate its dividend when it unveils fourth quarter earnings on Tuesday, after it canceled the payout at the height of the oil spill last summer.

The Dow and S&P were little changed on Thursday as disappointing labor market data offset strong results from Caterpillar, but a strong outlook from Qualcomm lifted the Nasdaq.

Rating agency Standard & Poor's cut Japan's long-term sovereign debt rating on Thursday for the first time since 2002, saying the country's government lacked a coherent plan to tackle its mounting debt.

Apple is due to take gesture-based navigation to the next level, as a recently awarded patent to Apple illustrates a technology that can interpret real-world gestures on touch and hover sensitive devices.

Pixelmator developers announce that the application grossed $1 million on Apple's Mac Store, which launched earlier this month.

AT&T Inc posted revenue that missed Wall Street estimates and its wireless subscriber growth was also slower than expected in its final quarter as the exclusive U.S. provider for the Apple Inc iPhone, sending shares down 3 percent.

AT&T Inc posted a quarterly profit slightly ahead of Wall Street expectations but its wireless subscriber growth missed analyst estimates in its final quarter as the exclusive U.S. provider for the Apple Inc iPhone.

Gold fell back from its third overnight rally in four days in London trade on Thursday, dropping 1.1% against the Dollar. We don't feel that this downward pressure can persist, given ample global liquidity and low long-term real interest rates, says Standard Bank's commodity team in a client note.

Gold priced in yen rallied to session highs on Thursday after yen came under broad pressure following a downgrade to Japan' sovereign ratings. Ratings agency Standard & Poor's cut its rating on Japan's sovereign debt to AA- from AA ...

The companies that reported earnings before the markets open on Thursday are: AT&T, Procter & Gamble, Caterpillar, Altria, Bristol-Myers Squibb, Eli Lilly, Motorola Solutions, Colgate-Palmolive, Celgene and Lockheed Martin.

Sony Corp unveiled a new handheld gaming device and announced it would make PlayStation games available on other makers' hardware, as it battles with Nintendo's DS and tries to fend off competition from Apple Inc's iPhone.

Deceased actress Brittany Murphy's home in the Hills above the Sunset Strip in Los Angeles, CA has invited foreclosure and has been slapped with a Notice of Sale with an opening bid of $4,035,666, according to the reports.

New U.S. claims for jobless benefits surged last week as snowstorms in some parts of the country kept workers at home, but the underlying trend pointed to an only gradual labor market improvement.

Queen Latifah, rapper/record producer/actress, has rented the Hollywood royal Jane Fonda's Atlanta condominium for a short-term period. Fonda recently decided to move back to Los Angeles and bought a one-bedroom in the Sierra Towers, according to the Aol Real Estate.

Tyco International Ltd's quarterly earnings more than doubled, beating Wall Street expectations amid sharply higher profits at the industrial conglomerate's security business, which includes the former ADT Worldwide service.

Examples set by the Tunisian protesters are being taken up strongly by several countries suffocated with steep poverty and high unemployment rates.

Stock index futures were slightly higher on Thursday, a day after the S&P 500 closed at a 29-month high as several bellwether companies reported strong results.

It is often misdiagnosed and confused with Down’s syndrome

Utah-based Dugway Proving Ground, an army base focused on rendering chemical and biological defensive testing and training was placed on lockdown on Wednesday.

Stock index futures were little changed on Thursday, a day after the S&P 500 closed at a 29-month high as investors looked ahead to a new round of data and corporate earnings.

This Holocaust Memorial Day, people across the globe can pay tribute to the victims of one of the most ghastly events in human history - all thanks to Google-Yad Vashem museum online archive.

Chris Medina’s 'American Idol' audition starts a debate about exploitation. Manipulation or exploitation , you decide

Sony Corp unveiled a new handheld gaming device, the first to feature 3G wireless connectivity, as it battles with Nintendo's best-selling DS and tries to fend off competition from smartphones including Apple Inc's iPhone.