IBT Staff Reporter

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Andriod phones muscle it out on Verizon's 4G turf

Verizon has received a crop of 4G phones at the CES 2011, sufficient enough to handle an onslaught of phones from other carriers. Here is a comparison of 4G phone releases by Motorola, HTC, Samsung and LG for Verizon network.

Top Mass. court rules against foreclosing banks

In a ruling that may affect foreclosures nationwide, Massachusetts' highest court voided the seizure of two homes by Wells Fargo & Co and US Bancorp after the banks failed to show they held the mortgages at the time they foreclosed.

British scientists devise an app for test tube babies!

A couple wanting to know their chances of having a baby through in-vitro fertilization (IVF) can now take heart with an application to give them an answer as British researchers have devised a formula that will help them give quite an accurate prediction of the success of IVF treatment. Eager ‘infertile’ couples can now decide whether to try the treatment as researchers have made this formula available as a simple computer calculator application, which will soon be available for download on App...

Gold Price Drops 5% from Record, Silver Down 9% in a Week

The Gold Price in Dollars slid to a near 6-week low in early London trading on Friday, dropping below $1360 an ounce, but then bounced back to $1369 as New York trading began and Non-Farm Payrolls showed a rise of 103,000 - below analyst forecasts - and the labor-force participation rate slipped further below two-in-three.

Local.com cuts fourth-quarter outlook

Local-search provider Local.com Corp lowered its fourth-quarter outlook hurt by a fall in revenue from a key customer Yahoo Inc following the Yahoo-Bing integration, sending its shares down 14 percent in pre-market trade.

Jobs growth disappoints but jobless rate falls

Employers hired fewer workers than expected in December and a surprisingly large number of people gave up searching for work, tempering the positive news of a big drop in the unemployment rate.

Super-Hot Spicule Plasma Behind Sun's Outer Heat

Scientists have solved a longstanding mystery of why the Sun's outer atmosphere, or corona, is millions of degrees hotter than its surface. The answer lies in fountains of plasma called spicules that shoot up from the Sun's surface.

AIG recap deal nears, share sale seen in May

The recapitalization of bailed-out insurer American International Group Inc is likely to close next week, a person familiar with the matter said on Friday, as AIG shares touched fresh highs on news it was getting closer to the deal.

Alcoa Q4 profit seen strong on rising demand

The aluminum industry has struggled for two years since the recession, but demand and prices have started to rise and one of the metal's biggest producers, Alcoa Inc , is poised to start growing in profitability, analysts say.

Instant view: Payrolls up 103,000 in December

The U.S. economy created far fewer jobs that expected in December, suggesting the Federal Reserve will complete its asset buying program, but the unemployment rate dropped to its lowest in more than 1-1/2 years.

Bernanke more hopeful recovery is sustainable

The U.S. economy may be finally hitting its stride, even if growth remains too weak to put a real dent in the nation's jobless rate, Federal Reserve Chairman Ben Bernanke said on Friday.

AIG rallies, share sale seen in May

The recapitalization of bailed-out insurer American International Group Inc is likely to close next week, a personal familiar with the matter said on Friday, as AIG shares touched fresh highs on news it was getting closer to the deal.

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