IBT Staff Reporter

Close-out retailer Big Lots Inc cut its outlook for the crucial holiday quarter, in the face of strong competition from rivals especially in the toys category, and a rise in debit card processing fees, sending its shares down 5 percent.

U.S.-based mining group Walter Energy Inc is to buy Canada's Western Coal for C$3.3 billion ($3.3 billion) to create one of the largest producers of steel-making metallurgical coal.

Disney bosses considering making Pirates of the Caribbean 5 and 6 sequels back to back next year

Researchers from NC State and Carnegie Mellon developed a shoe radar to work in conjunction with GPS.

Encrypt Stick, a Vancouver, B.C.-based company says it has created a portable, encrypted web browser.

Low-cost carriers in India such as SpiceJet and Indigo proposed to hike flight charges to levels that would make the 'low-cost' tag redundant. Fares will now be decided on a four-slab basis, set according to the distance. The price hikes nearly triple ticket prices for flights booked on a short notice.

Upset by night raids, tribal elders in Afghanistan threatened to fight the NATO forces like they fought the Soviets, US diplomatic cables suggest.

U.S. stocks edged mostly lower on Friday as Wall Street shook off an unexpectedly weak payrolls report, while investors were reassured by the broader economic picture and the likelihood the Federal Reserve would stay the course on its stimulus plan.

Google has launched a new Google Labs product called Google Earth Engine at the International Climate Change Conference in sunny Cancun, Mexico, said Google blog post.

The French government is examining how it could ban website WikiLeaks from being hosted on servers in France, according to a letter written by Industry Minister Eric Besson and seen by Reuters on Friday.

FIFA takes the Football World Cup 2018 and 2022 to new territories of Russia and Qatar, raising concerns over risks involved in the selection of venue.

England seized control with a superb bowling performance against Australia on the first day of the second Ashes test at the Adelaide Oval as James Anderson's 4-51 reduced Australia to their worst start to a test innings in 60 years as they were dismissed for 245.

WikiLeaks moved its website address to Switzerland on Friday after two U.S. Internet providers ditched it in the space of two days, and Paris tried to ban French servers from hosting its database of leaked information.

Video game publishers say they have positioned themselves to capitalize on the future of digital entertainment. Investors will need more convincing.

U.S. employment barely grew in November and the jobless rate unexpectedly hit a seven-month high, hardening views the Federal Reserve would stick to its $600 billion plan to shore up the fragile recovery.

Wall Street mostly shrugged off a weaker-than-expected payrolls report on Friday, leaving stocks little changed as the data didn't alter investors' view the economic recovery is on track.

Whistle-blower website Wikileaks was back online Friday afternoon with a new address from Switzerland. Web users trying to access the new website are being directed to a page with the URL http://213.251.145.96/, suggesting that the group has been unable to find a new hosting provider.

The White House Office of Management and Budget (OMB) has adopted cloud-first policy as part of its IT strategy for government agencies.

France's auction of fourth-generation wireless frequencies is on track to be completed by summer although key details on price and terms have not been decided, Industry Minister Eric Besson said on Friday.

As the holiday shopping season is underway, Best Buy Mobile, the mobile specialty retail unit of Best Buy Co. Inc. (NYSE:BBY), will be offering a minimum of four free smartphones every day through December.

China will switch to a prudent monetary policy from a moderately loose stance, the Communist Party's top leaders decided on Friday, a change that could pave the way for more interest rate increases and lending controls.

After a long battle, Google has finally confessed to trespassing on a Pennsylvania family’s property to acquire data for its Street View service.

German business software maker SAP is open to intensifying its existing cooperation with Hewlett-Packard Co, its co-CEO told a German paper, but dismissed talk HP may be interested in the company.

The long awaited uptake of the potentially lucrative mobile advertising market by advertisers and consumers has actually started to happen, companies from Canada, Egypt and Poland said on Friday.

An American company that had been directing traffic to the WikiLeaks website withdrew its services late Thursday, making the site invisible for several hours.

Even as food prices shoot up in China, food production remains slow while demand is rising multifold.

The Chevrolet Cruze is the Urban Car of the Year as voted by the Emerging Diversity Education Fund, Decisive Media.

Stock index futures fell from more than two-year highs on Friday, pointing to a slide at the open after a weaker-than-expected payrolls report indicated an economic recovery was still shaky.

U.K. homebuilder Berkeley Group said it was confident of outperforming its full-year expectations, saying there is an underlying demand for the well-located, quality homes developed by Berkeley in London and the South East.