IBT Staff Reporter

The U.S. government's new technology czar said on Thursday that new mobile phone applications could spur private investment in high-speed Internet connections, but Washington would also play a leadership role.

WD Unveils World's First 4 TB External HardDrive Western Digital unveils the World first 4 TB external storage, with new My Book Studio II dual-drive storage, a Perfect Blend of High Performance and Power Conservation, which cost $649.99.

The Venezuelan government of U.S.-critic President Hugo Chavez on Wednesday ordered Coca-Cola Co to withdraw its Coke Zero beverage from the South American nation, citing unspecified dangers to health.

The U.S. Department of Energy said on Thursday it will invest $11.3 million from the FY2009 Budget directly in pre-combustion carbon capture and sequestration technologies in a move to boost clean tech as the country seeks to reduce emissions and ease the impact on climate change.

Men with locally advanced prostate cancer are more likely to die if their doctors shorten the time they are treated with hormone-suppressing drugs, researchers reported on Wednesday.

Hormone experts said on Wednesday they are becoming worried by a chemical called bisphenol A, which some politicians say they want taken out of products and which consumers are increasingly shunning.

New York City could become the grounds for a new kind of urban wind farm if a Cleveland-based mechanical engineer has his way.

Sony Corporation on Thursday said it introduced its mercury-free alkaline button battery, which is commonly used in cameras, remote controls and calculators, the alkaline manganese.

Small businesses would benefit significantly from an overhaul of the U.S. healthcare system even if they were required to help pay for the medical coverage of their employees, a study release on Thursday said.

New research suggests that as the frequency of vigorous exercise increases, so does the risk of atrial fibrillation.

U.S. stocks racked up gains across a wide array of sectors on Thursday, aided by rising commodity prices and improving labor market conditions, along with a sharp drop in interest rates.

The senate on Thursday approved the tobacco regulation bill giving the federal government power to regulate manufacture and distribution of cigarettes.

Pregnant women who use cocaine or heroin while taking methadone to beat their addiction may weaken their placenta, opening the door to dangerous infections that could further harm an unborn baby, researchers said on Thursday.

Yahoo Inc. said late Thursday that Tim Morse, the former chief financial officer of chip maker Altera Corp., will become its new chief financial officer.

The U.S. Senate on Thursday backed a plan giving the U.S. Food and Drug Administration power to regulate cigarettes and other tobacco products, allowing the agency to curb advertisements, require stronger package warnings and inspect manufacturers.

Delta Air Lines said on Thursday that it will be cutting back on its system capacity this fall, targeting money losing routes with higher fuel prices, including some non-stop routes to Asia and Europe.

U.S. retail sales rose in May for the first time in three months and the number of workers filing new claims for jobless benefits last week hit a January low, fostering hope the recession was abating.

Time Warner Inc.'s AOL unit has acquired local online media companies Patch Media Corp. and Going Inc. in a bid to increase its revenue in local advertising.

President Barack Obama on Thursday presented his plan to reform the healthcare system to the public to a town hall in Green Bay, Wisconsin.

U.S. stocks racked up gains across a wide array of sectors on Thursday, aided by rising commodity prices and improving labor market conditions, along with a sharp drop in interest rates.

Large U.S. chain restaurants, criticized for their role in the country's obesity epidemic, agreed on Wednesday to support legislation that would require them to disclose calories on their menus.

U.S. lawmakers accused the Treasury and Federal Reserve on Thursday of using threats and intimidation to force Bank of America to take over Merrill Lynch, a charge Bank of America Chief Executive Ken Lewis denied.

You know the neighborhood straightaway – Chinese signage, glowing red lanterns everywhere, maybe even some neon: you’ve stumbled into another urban Chinatown.

U.S. stocks rose on Thursday, but were off their session highs, aided by rising commodity prices and improving labor market conditions, along with a sharp drop in interest rates. Earlier, after the government's 30-year bond auction met solid demand, all three stock indexes had risen above 1 percent.

The spread of the ‘swine flu’ also known as the H1N1 flu strain, was officially declared a pandemic on Thursday by the World Health Organization whose director said perhaps her greatest concern is how the virus will behave

The global economy will contract in 2009 by more than initially thought, given rising unemployment and underutilization of capacity, World Bank President Robert Zoellick said on Thursday.

Private equity firm Riverstone Holdings LLC agreed to pay $30 million to resolve its role in a corruption probe of New York state's pension fund, Attorney General Andrew Cuomo said on Thursday.

The United States doubts a policy speech Israeli Prime Minister Benjamin Netanyahu is to deliver next week will satisfy President Barack Obama's peacemaking demands, Western diplomats said on Thursday.

A proposed $586 million settlement to end investor lawsuits over the pricing of initial public offerings during the late 1990s stock market boom has won preliminary approval from a federal judge.