IBT Staff Reporter

Verizon Communications expects revenue to rise as much as 8 percent this year as customers rush to buy more smartphones, particularly Apple Inc's iPhone.

Manchester City striker Emmanuel Adebayor has signed with Spanish side Real Madrid on loan till the end of the season, with an option to make the move permanent.

Verizon Communications sees revenue and earnings rising as much as 8 percent this year even as it kicks off sales of Apple Inc's iPhone, which tends to come with costly subsidies.

NASA's Wide Field Infrared Survey Explorer satellite has captured an image of a star that is flying through space faster than a rocket launches from the pad.

Yahoo Inc is planning its second round of layoffs in six weeks, while rival Google Inc is preparing its biggest-ever year for hiring, underscoring the divergent paths of two of the Internet's biggest names.

Billionaire investor John Paulson's bet that the economy will rebound paid off handsomely last year when his hedge fund clients earned about $1 billion on his Citigroup Inc stake.

Sales of automobile paint and plastics helped DuPont post a stronger-than-expected quarterly profit, though higher raw material costs raised concern about margin pressure this year.

(Corrects references to reflect 2011 EPS growth target of 5-8 percent forecasts overall growth, including items other than iPhone, in headline, second bullet point, paragraphs three, seven, eight and nine)

The company continues expanding its cloud computing services in Asia with plans to build a center in Langfang City.

The agency joins the ranks of the TSA, FBI, and the Department of Energy - all of which offer smartphone applications.

BlackRock Inc, the world's largest asset manager, got a boost from hedge fund fees and exchange-traded fund inflows in the fourth quarter, aiding a big jump in profit that topped analysts' estimates.

Intel hires Black Eyed Peas' front man will.i.am as director of creative innovation.

A bipartisan panel investigating the financial crisis has referred cases of potential wrongdoing by financial industry officials to the Justice Department, a person familiar with the matter said on Tuesday.

Verizon Communications expects revenue to rise as much as 8 percent this year as customers rush to buy more smartphones, particularly Apple Inc's iPhone.

U.S. stocks fell on Tuesday after disappointing profits and outlooks from blue chips such as 3M and Johnson & Johnson prompted investors to pause in the recent rally.

A personalized news service funded by New York Times Co., Washington Post Co., and Gannett Co launched on Tuesday in an attempt to get readers to pay for online news.

U.S. securities regulators were poised to adopt say-on-pay rules on Tuesday aimed at empowering shareholders to cast non-binding votes on executive pay, and to propose new rules designed to help regulators police hedge funds for systemic risk.

U.S. consumer confidence rose more than expected in January to its highest level in eight months, helped by growing optimism about the economy and the jobs market, according to a private sector report released on Tuesday.

4G may be the future for the next generation of mobile users, but many early adopters of the newest 4G devices wonder if their batteries will last that long.

Johnson & Johnson reported disappointing quarterly revenue due to plunging U.S. sales of consumer products that continue to be recalled for quality-control lapses, and the diversified healthcare company forecast 2011 earnings below Wall Street expectations.

Yahoo Inc is cutting 1 percent of its global workforce, the company said on Tuesday, the second round of layoffs in six weeks.

MetroPCS Communications became the second company to challenge the U.S. Federal Communications Commission's new Internet traffic rules, following Verizon Communications' appeal last week.

Former Minnesota governor and professional wrestler Jesse Ventura is suing the TSA and Dept. of Homeland Security and for allegedly violating his Fourth Amendment rights.

U.S. single-family home prices fell for a fifth straight month in November and a double-dip in home prices could be confirmed by spring, a closely watched survey said on Tuesday.

U.S. stocks are retreating in mid-day as investors are cautiously awaiting the results of the two-day FOMC meeting, which began today, and the President’s State of the Union Address tonight.

U.S. consumer confidence rose in January to its highest level in eight months, underscoring the brightening economic outlook, although declining housing prices still cast a cloud on the recovery.

The debut bond from Europe's financial rescue fund attracted robust demand on Tuesday, in the latest sign of confidence the bloc is getting to grips with the debt crisis that has haunted it for over a year.

A group at the University of Surrey and Surrey Satellite Technology Limited has developed a satellite containing a smartphone that will be launched into orbit by the end of the year.

Johnson & Johnson's fourth-quarter profit fell, with revenue falling far short of forecasts due to plunging U.S. sales of consumer products that continue to be recalled for quality-control lapses.