IBT Staff Reporter

Apple Inc posted stronger-than-expected quarterly results on strong iPhone sales, and gave a typically conservative outlook for the current quarter, which failed to dampen enthusiasm from investors.

With unemployment rising, increasing numbers of applicants for each job, and recruiters struggling to keep up, it can sometimes feel as though you’re sending your resume into a black hole. You send hundreds of applications and never hear back - and what makes it worse is that you know you are qualified for the jobs.

I am a 43-year-old father of two who was recently downsized from my engineering job due to a lack of work in the field. I have a bachelor’s degree in social sciences, but have never been able to use it as a plus in my job search.

President Barack Obama was criticized harshly on Wednesday for leaving the door open to the prosecution of former Bush administration officials who authorized severe CIA interrogation procedures.

The Dow and S&P fell on Wednesday after Morgan Stanley revived concerns about the banking sector and the wider economy after it posted its second straight quarterly loss and slashed its dividend.

Each year on April 22, we celebrate earth day marking the anniversary of the birth of the modern environmental movement in 1970.

Roche Acquired drug Avastin fails cancer study, shares fall Shares of Roche Holding’s were slammed Tuesday after its acquired Genentech Avastin drug for cancer failed study in an effort to lower the risk of the colon- cancer.

U.S. securities regulators charged a prominent hedge fund industry executive on Wednesday with failing to properly review collapsed hedge fund Bayou Group before recommending that their clients invest.

Operator T-Mobile UK is to offer a BlackBerry phone with a year's unlimited email and Internet access and pay-as-you-go calls in exchange for a one-off fee in its bid to lure more small business and young customers.

The Turks and Caicos Islands consist of 40 islands and cays, eight of which are inhabited. The islands are located 550 miles southeast of Miami, Florida, just below the Bahamas chain and just to the east of Cuba and the island of Hispaniola (Dominican Republic and Haiti.) Technically, the Turks and Caicos are located in the Atlantic Ocean, not the Caribbean Sea.

U.S. auto dealer representatives will meet with the government task force charged with retooling the auto industry on Thursday to make the case that a bankruptcy for General Motors Corp should not be an option, a dealer group said on Wednesday.

Plunging profit at Volkswagen (VOWG.DE), slumping sales at PSA Peugeot Citroen (PEUP.PA) and job cuts by Volvo (VOLVb.ST) on Wednesday highlighted the dire state of Europe's automotive industry.

I am seeking a job as an Accounting/Operations Manager. Half of my experience (aside from education) comes from running a family-owned (i.e., my husband is the President) business. I've been meeting with recruiters and submitting my résumé for consideration online for certain opportunities, without much luck. Could working for a family business affect my ability to get a job? How do I overcome th...

U.S. regulators want the top 19 banks being stress-tested to have at least 3 percent tangible common equity, according to a source familiar with the regulatory talks.

Bluetooth technology version 3.0 gets up to 8x more faster as it was announced from an ongoing event “Version 3.0 – Bluetooth Technology, Faster an annual all hands meeting conference in Tokyo this week.

The finance chief of troubled U.S. mortgage giant Freddie Mac, David Kellermann, was found dead on Wednesday after apparently committing suicide, a police source said.

U.S. single family homes saw a seasonally adjusted price increase of 0.7 percent in February from January, the amount however remains down 6.5 percent from a year earlier, the Federal Housing Finance Agency said on Wednesday.

David Kellermann, the acting chief financial officer of cash-strapped giant Freddie Mac, was found dead at his home Wednesday morning in what police said was an apparent suicide.

Stocks rose on Wednesday as several corporate executives gave positive outlooks that eased concerns about the global recession, while better-than-expected results from AT&T Inc lifted technology shares.

The judge overseeing Microsoft's antitrust settlement extended her monitoring of the software giant by 18 months on Wednesday, while noting the oversight was at a much better place than a few months ago.

General Motors Corp is unlikely to make a $1 billion debt payment due June 1 because it expects to be in the process of restructuring its debt through a voluntary exchange or bankruptcy court by that point, a spokeswoman for the automaker said on Wednesday.

Morgan Stanley posted a wider-than-expected quarterly loss on Wednesday and slashed its dividend as real estate investment losses and a debt-related charge wiped out strong trading and banking fees.

AT&T Inc posted a smaller-than-expected drop in quarterly profit on improved margins for its wireless service, helped by the iPhone, and strong growth for its video and high-speed Internet service.

U.S. auto dealer representatives will meet with the government task force charged with retooling the auto industry on Thursday to make the case that a bankruptcy for General Motors Corp should not be an option, people briefed on the planned meeting told Reuters on Wednesday.

Mega-malls may be big, but when you need a fart noise generator, sometimes it's the smaller shops that do the trick -- at least that's true of the crop of virtual mobile retailers called app stores.

Prices of U.S. single-family homes rose by a seasonally adjusted 0.7 percent in February from January but were down 6.5 percent from a year earlier, the Federal Housing Finance Agency said on Wednesday.

The S&P 500 and the Nasdaq rose on Wednesday as several corporate executives gave positive outlooks that eased concerns about the global recession, while a better-than-expected profit from AT&T lifted technology shares.

Boeing Co said its quarterly profit narrowed due to order deferrals by cash-strapped airlines, but its shares rose as the planemaker affirmed its production schedule.

Microsoft is not interested in buying any hardware companies, Chief Executive Steve Ballmer said in Cairo on Wednesday.