IBT Staff Reporter

Concerns continue to rise over the health of the nation’s largest banks leaving investors wary and reluctant to reach into their pockets despite the reported gains.

ExxonMobil and Chevron were ranked among the top 10 stocks that performed the best over the past 20 years, according to statistics from CNBC reported Monday.

FPL Group's chief executive officer said on Monday that the company's Florida utility's $200 million smart grid initiative will link homes and power plants and support expanding use of solar power and electric cars.

IBM's quarterly revenue fell by a bigger-than-expected 11 percent as the slowdown in corporate spending hurt even one of the healthiest U.S. technology companies.

The New York Times dominated the Pulitzer Prizes announced on Monday, winning five of the coveted awards for investigative, breaking news and international reporting, feature photography and criticism.

Google Inc. released two new tools on Monday that are designed to make it easier for users to find the information - or images - they're searching for.

Nvidia announced that the Quadro FX 4800, the company's most advanced professional graphics card, is now available to Mac Pro users, offering advanced graphics features and capabilities.

IBM said Monday its first quarter sales fell better than expected from Reuters Analysts' average forecast of $22.56 billion, however earning per share rose to 1.70 from $1.64.

President Barack Obama in a meeting with his cabinet on Monday asked his government to cut the US federal budget by $100 million dollars.

Officials in Pakistan say the military has killed 20 militants and destroyed their positions during an air raid near the Afghan borders.

IBM reported a bigger-than-expected fall in quarterly sales, showing that even one of the healthier U.S. technology companies was being hurt by a slowdown in corporate spending.

The world's top cellphone maker Nokia has sold its enterprise mobile TV unit to India's Wipro, a spokesman for Nokia said on Monday.

U.S. President Barak Obama, speaking at the close of the Summit of the Americas on Sunday said the relations between U.S. and Cuba need to be backed up by action not simply words.

The Oracle-Sun acquisition could thrive under oracle ownership according to analysts, but it could be a bleaker outcome for MySQL.

Oracle Corp plans to enter the computer hardware market by buying Sun Microsystems Inc for more than $7 billion, swooping in after Sun's talks with IBM fell apart.

Texas Instruments on Monday posted a surprise quarterly profit on better-than-expected revenue and gave a rosier outlook for the current quarter as demand for its chips appeared to stabilize.

U.S. stocks slid more than 3 percent on Monday after weak results from Bank of America reignited concerns over the state of the banking industry and the economy.

Fannie Mae , the largest provider of U.S. residential mortgage funding, on Monday named Michael Williams, an 18-year veteran of the government-controlled company, as president and chief executive officer.

Adobe Systems Inc. announced that it will be bringing its popular Flash technology beyond computer screens to Internet-connected televisions, set-top boxes, Blu-ray players and other home entertainment devices.

Russia responded cautiously on Monday to U.S. President Barack Obama's plans for a nuclear-free world, saying a number of conditions would need to be met for the vision to become reality.

At least 177 people have been killed in weekend attacks on villages of the Lou Nuer tribe by armed men from the rival Murle ethnic group in south Sudan's Jonglei state, a government official told Reuters on Monday.

The U.S. Treasury on Monday sought to cut off the flow of money to the head of a group considered responsible for killing more than a dozen Chinese police officers ahead of last year's Beijing Olympics.

Airline stocks were down Monday as the Dow Jones Industrial Average declined 130 points to 8,001 after the Air Transport Association posted its March passenger revenue fell 23 percent in the United States.

The New York Times took the lead for the Pulitzer Prize this afternoon walking off as the winners in five categories including investigative reporting, breaking news reporting and international reporting.

At 3 a.m. on a moonless, steamy night, I trudged along a stretch of Caribbean coast, peering into the darkness. My sneakers sloshed with a mixture of wet sand and seawater; sand flies bit my ankles.

The April 20 dates back to the 1970's when a group of Northern California teenagers smoked marijuana daily at 4:20 p.m., The New York Times reported Monday.

PepsiCo Inc offered $6 billion to buy the remaining stakes in its two largest bottlers, Pepsi Bottling Group and PepsiAmericas, as it seeks to secure more control of its distribution and cut costs.

Britain's AQA 63336, a general information company that receives and answers queries by mobile phone texts, launched a new text media service on Monday for providers of information on specific subjects, such as a local sports team's results.

Microsoft's chief executive said on Monday he was 'very surprised' by Oracle Corp's plans to buy Sun Microsystems Inc.