IBT Staff Reporter

In the semi final match of the Confederations Cup 2009, Brazil beat South Africa 1-0, scoring the winning goal in the 87th minute.

Microsoft Corporation on Thursday said its price cut for the Windows 7 operating system will deferre its revenue by 50 percent from eligible sales compared to its predecessor as it vies to revive its flagship product.

Auto parts supplier Lear Corp is preparing to file for bankruptcy as soon as next week, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

As a heat wave blasted 17 provinces in China this week, four people died from heatstroke and many suffered in the hot temperature, local news reported on Thursday.

Microsoft and VivaKi, the digital arm of Publicis, on Thursday unveiled a broad cooperation deal spanning the fast-growing digital advertising sector to targeted television advertising.

Next Monday, Wall Street's biggest and most brazen crook, Bernard Madoff, will leave his jail cell to hear his punishment. But for his victims, even a lifetime in prison may not be enough.

A bipartisan panel armed with subpoena power to investigate causes of the Wall Street meltdown is on the brink of being launched, as Congress embarks on an ambitious effort to reform policing of the financial sector.

A bipartisan panel armed with subpoena power to investigate causes of the Wall Street meltdown is on the brink of being launched, as Congress embarks on an ambitious effort to reform policing of the financial sector.

Some small and medium-sized U.S. manufacturers, once skeptical about conservation efforts, say they're seeing benefits to installing equipment and implementing practices that curb energy use and save money.

Oil prices rose sharply to above $70 a barrel on Thursday on renewed rebel attacks against oil facilities in Nigeria and worries that a glitch at the largest U.S. oil refinery could tighten gasoline stockpiles this summer driving season.

Microsoft Corp will sell the standard home-user version of its new Windows 7 operating system for 8 percent less than the comparable version of its Vista system, as the global downturn hits spending on technology.

Federal Reserve Chairman Ben Bernanke, facing his toughest grilling yet by U.S. lawmakers, said on Thursday he had never threatened to fire Bank of America's management if they pulled the plug on a planned merger with Merrill Lynch.

Stocks rose sharply on Thursday, helped by consumer discretionary shares after Bed Bath & Beyond Inc posted a surprising profit increase and home builder Lennar Corp reported a rise in new home sales.

Federal Reserve Chairman Ben Bernanke, facing one of his toughest grillings yet by U.S. lawmakers on Thursday, denied he had ever threatened to fire Bank of America management if they pulled the plug on a planned merger with Merrill Lynch.

It started when I was nine years old and my family somehow scraped together enough money for a set of round-the-world flights.

China would maintain a moderately loose monetary policy to support economic growth, People's Bank of China (PBOC) reiterated in its second quarter monetary policy report published on Thursday.

After spending a week in jail, Texas financier Allen Stanford pleaded not guilty on Thursday to 21 criminal charges that he ran a $7 billion Ponzi scheme.

Bank of America Corp was sued on Thursday in a federal lawsuit in New York, accusing the largest U.S. bank of discriminating against female brokers at the former Merrill Lynch & Co by offering them lower retention bonuses than their male counterparts.

Stocks rose sharply on Thursday after the latest Treasury auction garnered strong demand, pressuring bond yields, while consumer discretionary shares gained.

The first iPhone porn app was approved and then later, disapproved and removed from the iPhone App Store in the space of a few hours.

French carmaker Renault has decided to replace a French executive vice president at Russian carmaker AvtoVAZ, in which it owns a 25 percent stake.

The U.S. Federal Reserve on Thursday extended a number of its emergency funding facilities and swap lines with central banks around the world to February 1, 2010, saying that while conditions in financial markets have improved recently, some markets remain impaired and seem likely to be strained for some time.

Duke Energy Corp Chief Executive Jim Rogers sees Areva and Toshiba's Westinghouse emerging as front-runners in the design of reactors for a much-anticipated U.S. nuclear revival.

Maintaining motivation during your job search is not easy—and that is an understatement, for sure. Threats to your motivation include:

Oil prices rose more than $2 to near $70 a barrel on Thursday after Nigerian rebels attacked a Royal Dutch Shell pipeline, raising worries about supply from the OPEC-member nation.

Dear Sam: I have been struggling for the last four years to find a teaching job. I want to find a way to make myself stand out from the crowd and I was hoping to be able to do that with my résumé.

Google will soon roll out a new service called Google Voice that is built with technology obtained through its 2007 acquisition of Internet telephony company GrandCentral.

Bed Bath & Beyond Inc posted an unexpected rise in quarterly profit by cutting costs to offset slumping demand for home furnishings, and the retailer's shares rose more than 6 percent.

Actress Farrah Fawcett, who appeared on the series Charlie's Angels died today at age 62 from cancer, People Magazine reported.