IBT Staff Reporter

A former Goldman Sachs Group Inc computer programer accused of stealing secret trading codes from the financial firm was being held in federal custody on Monday, pending the posting of $750,000 bail.

Jul 06, 2009

Even with home prices at their most affordable level in years, many real estate practitioners are finding that their biggest business challenge is a scarcity of buyers. Given this, you may not think that now's the best time to be picky about whom you choose as clients. But that's the smartest thing you can do.

Jul 06, 2009

When Michael Tunick, a sales practitioner with Sotheby's International Realty-Sunset Strip Brokerage in West Hollywood, got this challenging listing in July 2008, fear of the real estate marketplace was rampant among buyers.

Jul 06, 2009

At least 156 people have been killed in rioting in China's northwestern Xinjiang region, with the government blaming exiled separatists for the traditionally Muslim area's worst case of unrest in years.

Jul 06, 2009

Some economic observers are predicting another wave of foreclosures later this summer or in the fall. That's because lenders that have held off on foreclosures as part of President Obama's plan will now move forward aggressively to clear the backlog of troubled mortgages.

Jul 06, 2009

More home owners who are sick and tired of mowing the grass are trading their natural turf for artificial.

Jul 06, 2009

The global recession, shrinking advertising sales and fears that the Internet could render big media empires obsolete provide an ominous backdrop for executives at this week's Sun Valley conference.

Jul 06, 2009

With home prices low, now could be a good time for parents to give their children a home or even an investment property.

Jul 06, 2009

A former Goldman Sachs Group Inc computer programer accused of stealing secret trading codes from the financial firm was being held in federal custody on Monday, pending the posting of $750,000 bail.

Jul 06, 2009

A Los Angeles judge handed temporary control of Michael Jackson's multimillion dollar estate on Monday to a lawyer and music industry executive named as co-executors in his 2002 will.

Jul 06, 2009

The Dow industrials rose and the S&P 500 rebounded in late trading on Monday as investors' concerns about the strength of an economic recovery triggered a move into defensive stocks.

Jul 06, 2009

A Teenager hacker named George Hotz has created an App to jailbreak the Apple iPhone 3G S.

Jul 06, 2009

The Dow and S&P 500 rose on Monday as concerns about the strength and timing of an economic recovery kept pressure on commodity prices and lifted defensive stocks.

Jul 06, 2009

The Sirius XM Radio Inc. (SIRI) app, which debuted on June 18, surpassed a million downloads in the Apple App Store's Music category.

Jul 06, 2009

China's Vanke, the nation's largest housing developer, has seen a 57% jump in its real estate sales revenue in June.

Jul 06, 2009

Virus researches on Monday said Trojans accounted for 70 percent of all new malware between April and June 2009 and are responsible for over a third of all infections.

Jul 06, 2009

The Ricketts family, after five months of negotiations, may complete the purchase of the Chicago Cubs and Wrigley Field for about $900 million, according to the Chicago Tribune website on Monday

Jul 06, 2009

Netscape founder Marc Andreessen said in an interview that he expects Facebook's revenue to be in excess of $500 million in 2009, and estimates that in five years, it'll be well into the billions.

Jul 06, 2009

Toyota Motor Corp's Prius hybrid was Japan's best-selling car in June while Honda Motor Co's rival Insight ranked fourth, helping the two hybrid leaders dominate the list of top-selling models.

Jul 06, 2009

EMC Corp increased its offer for Data Domain Inc by 12 percent, valuing the specialty storage maker at $2.4 billion and raising the stakes in a bidding war against rival NetApp Inc. .

Jul 06, 2009

French videogame maker Ubisoft Entertainment SA is set to open a Toronto studio that will create 800 jobs over 10 years, the Ontario government said on Monday.

Jul 06, 2009

Chinese President Hu Jintao's visit to Italy generated over $2 billion worth of deals between the two countries on Monday, including a Fiat SpA (FIA.MI) joint venture to produce cars and engines in China.

Jul 06, 2009

U.S. power plant emissions of sulfur dioxide dropped sharply in the first half of the year as the electricity industry prepared for tighter regulation in 2010, Genscape said Monday.

Jul 06, 2009

The U.S. Justice Department has begun looking at big telecom companies to try to determine if they have abused their market power, the Wall Street Journal reported in its online edition on Monday.

Jul 06, 2009

The U.S. Justice Department has begun looking at big telecom companies to try to determine if they have abused their market power, the Wall Street Journal reported in its online edition on Monday.

Jul 06, 2009

The U.S. Justice Department has begun looking at big telecom companies to try to determine if they have abused their market power, the Wall Street Journal reported in its online edition on Monday.

Jul 06, 2009

Oil settled 4 percent lower on Monday as doubts over a potential rebound in the global economy spurred investor risk aversion.

Jul 06, 2009

General Motors Corp has been given about a third of the bankruptcy financing promised by the U.S. Treasury and will get the remaining $20 billion over the remainder of the year, a senior U.S. official said on Monday.

Jul 06, 2009

Automobile output in Brazil climbed in June for the second straight month as manufacturers stepped up production to meet growing consumer demand, the national automakers' association Anfavea said on Monday.

Jul 06, 2009