IBT Staff Reporter

A wayward prototype of Apple Inc's next-generation iPhone has dominated the chatter in Silicon Valley over the past few days, and the company has moved to recover the device after it was apparently lost in a bar.

Airbus parent EADS told the Pentagon on Tuesday that it will compete directly against Boeing Co for a military refueling plane deal worth up to $50 billion, according to sources informed about the matter.

Republican lawmakers on Tuesday took a more conciliatory tone toward Democrat proposals to crack down on Wall Street as the Senate delayed debate on a broad financial reform package until next week.

TD Ameritrade Holding Corp substantially cut its profit, revenue and trading forecasts in the face of low volatility and interest rates, a difficult environment that it compared to last decade's dotcom market crisis.

A third of U.S. teenagers with cellphones send more than 100 texts a day as texting has exploded to become the most popular means of communication for young people, according to new research.

UnitedHealth Group Inc's first-quarter profit soared past Wall Street estimates on strong performance for its array of health plans, but fears that the new reform law will prevent such gains in the future undercut stock gains.

Airbus parent EADS braved awkward financial odds and a growing storm in Congress by challenging Boeing for a military refueling plane deal worth up to $50 billion, sources said Tuesday.

U.S. stocks rose on Tuesday as energy shares advanced on higher oil prices and bellwether companies reported quarterly results, although some fell short of heightened expectations.

Data protection and privacy chiefs from 10 countries issued a joint letter pushing search engine giant Google to improve respect for data privacy, Canada's Office of the Privacy Commissioner said on Tuesday.

The Treasury Department said on Tuesday it voted the 7.7 billion shares it owns in Citigroup Inc at the bank's annual meeting, including for a proposal to have a reverse share split.

Investors should urgently diversify the web of undersea cables that serve as the world's information and banking arteries to address soaring demand and piracy concerns and reduce the risk of catastrophic outages.

The stocks and bonds of investment bank Goldman Sachs , which reported stunningly strong quarterly earnings on Tuesday, have steadily fallen in price since U.S. regulators charged the bank with fraud last week, leaving many investors looking for new ways to trade the bank's securities.

The European Commission unveiled revised antitrust rules on Tuesday allowing luxury brand owners to block online retailers without a bricks-and-mortar shop from distributing their products.

Johnson & Johnson on Tuesday reported better-than-expected first-quarter earnings, with strong sales growth of medical devices offsetting revenue declines for its prescription drugs and tepid growth for its array of consumer products.

U.S. stocks rose modestly on Tuesday as energy shares advanced on higher oil prices and bellwether companies reported quarterly results, although some fell short of expectations.

Following the announcement of an outbreak of dengue in the north Queensland city last week, a third Townsville resident is believed to have contracted the virus.

The ban of indoor smoking observed in clubs and pubs, is directing the problem of second-hand smoke from indoors to outdoors.

An Australian study reveals many long-term smokers struggled seven times to break the habit and quitting smoking has been compared with breaking a heroin addiction.

Fake security software was the No. 1 cybersecurity woe afflicting computer users in 2009, and Apple users lost some of their immunity to cybercrime as they stored more data online instead of on hard drives, according to the cybersecurity firm Symantec.

International markets like China and Brazil drove profits at U.S. industrial companies in the first quarter, many of which beat Wall Street estimates and raised their full-year forecasts.

Experts say young women of today are increasingly bombarded with new pressures to have sex early and sometimes, against their will, especially with the constant exposure of raunch and advanced consumerist culture of Western countries.

New study results of recent colon cancer research called 'A multilevel study of the determinants of area-level inequalities in colorectal cancer survival,' published in BMC Cancer may provide new insights on colon cancer therapy.

Almost a year into its government-funded rescue, Chrysler remains a laggard in sales against the industry and analysts increasingly question if Fiat can change the game for its struggling U.S. partner.

Daimler shares soared nearly 8 percent, leading European auto stocks higher after the company unexpectedly hiked the 2010 earnings target for its luxury Mercedes arm.

Fiat's chairman will step down to be replaced by the vice chairman, and shares hit a three-month high on Tuesday on speculation the car maker would announce a spin-off of its auto business.

Daimler's Mercedes Benz cars unit is returning to its role as the company's cash cow.

A House of Representatives committee sought more information from Toyota Motor Corp on Friday about the automaker's review of electronic throttles.

Goldman Sachs Group Inc reported blow-out quarterly earnings on Tuesday, but investors appeared to focus on the U.S. fraud case against the bank as Britain's market watchdog launched its own probe.

The high-speed mobile version of Apple Inc's iPad will hit store shelves on April 30, and international pricing for the tablet computer will be spelled out on May 10, the company said on Tuesday.