IBT Staff Reporter

A three-judge bench of the Second District Court of Appeal in Lakeland, Florida, has ruled that pasting of face photos of 11- and 12-year old children over the heads of nude adult women doesn't amount to child pornography.

The Irish government urged parliament on Tuesday to approve a tough 2011 austerity budget which foresees 6 billion euros in savings and must win passage for the country to receive emergency loans from the EU and IMF.

3M Co said on Tuesday it would face headwinds, especially in the developed world, that would prevent sales from hitting internal targets in 2011, a forecast that made its stock the biggest decliner on the Dow.

The FBI has issued a cyber crime alert for a new Barbie doll that comes equipped with a tiny hidden video camera in her chest, saying the toy could be misused to make child porn.

Do those debt relief ads you see on the TV or the offers you get over the phone sound too good to be true?

The head of the International Monetary Fund criticized Europe's disjointed response to the euro zone debt crisis on Tuesday after Germany and other states resisted his calls for bolder action.

Shares of Citigroup Inc rose 4 percent on Tuesday, a day after the U.S. government sold off its remaining stake in the bailed-out banking giant.

Abbott Laboratories and two other drugmakers will pay $421 million to settle allegations that they falsely inflated product prices to gain larger government reimbursement payments, the U.S. Justice Department said on Tuesday.

Abbott Laboratories and two other drugmakers will pay $421 million to settle allegations that they falsely inflated product prices to gain larger government reimbursement payments, the U.S. Justice Department said on Tuesday.

Women's clothing retailer Talbots Inc said it could post a loss from continuing operations in the fourth quarter and that sales in that key holiday period could fall, sending its shares down 22 percent.

(Corrects headline to show that Abbott will pay $126.5 million, not $121.5 million. There are no changes to the text)

Stocks sharply pared gains late Tuesday afternoon, with indexes pulling back after news that federal authorities have ramped up an investigation into insider trading on Wall Street.

Backpackers are traveling the world with high-tech toys and are often searching as much for free Wi-Fi as for historical sites.

Microsoft Corp plans to introduce a new tracking protection feature in the next version of its Internet Explorer browser, which will let users filter out sites they don't want to share information with.

The IBD/TIPP Economic Optimism Index fell during December from the previous month, a report said.

The Irish government unveiled a tough 2011 budget on Tuesday which foresees 6 billion euros in spending cuts and tax hikes, warning that passage was crucial to avert a deeper crisis and free u p EU/IMF aid.

Irish people braced for tough cutbacks and higher taxes on Tuesday as the government readied a new austerity budget to shrink a soaring deficit and win access to emergency loans from the EU and the IMF.

One of the U.S. diplomatic cables released by Wikileaks says that Chinese government had gained access to Microsoft source code which was used to hack into USG organizations.

The Gold Price held near last night's new record highs for US, Euro and Sterling investors in London trade on Tuesday, recording an AM Gold Fix at $1426 per ounce as world stock markets gained more than 1.5%.

The council of the American Bar Association's (ABA) Section of Legal Education and Admissions to the Bar is delaying on deciding whether to accredit foreign law schools because the matter needs more study.

Google Inc showed off a new Web store for games, news and other software applications on Tuesday in an effort to carve out a bigger role in the next generation of Internet media and entertainment.

Vodafone Essar, a subsidiary of Vodafone Group has signed a contract with Wipro, for its telecom services for enterprise business customers.

Chris Hughton was sacked as Newcastle United manager on Monday, landing the club in turmoil leading to press and fans all over England criticizing Newcastle owner Mike Ashley.

Strong interest in an auction of electronic surveillance and intelligence company Applied Signal Technology Inc has sparked a rally in tech firms likely to be targeted by defense contractors facing cutbacks.

On his 30th death anniversary, fans seem to be more interested in celebrating John Lennon and not wailing over his death.

Microsoft is offering customers of Salesforce.com thousands of dollars in rebates in a bid to woo them to its CRM system.

Obama has compromised with the Republicans. The wealthiest Americans will see their tax break continued for at least the next two years and the millions of unfortunate Americans who are out of work will see their unemployment insurance extended for 13 months.

Social networking site Facebook has no plans to ban content from a 'fan page' associated with WikiLeaks-at least, as of now.

3M Co set a 2011 profit forecast that could top Wall Street's expectations, saying that strong growth in emerging markets including India and Latin America would offset a tepid U.S. economy.