IBT Staff Reporter

Somali pirates released a hijacked ship and its 19-man crew after they found out it was picking up food aid for their hungry countrymen, a Somali clan elder said Monday.

Apple, in its newly ads Get a Mac campaign addressing a selling point for Macs vs. PCs has ignored price wars and over Microsoft’s latest “laptop hunter” series of commercials.

Texas Instruments on Monday posted a small quarterly profit and better-than-expected revenue as demand for its chips appeared to stabilize even though it emphasized caution about the business climate.

“Don’t go chasin’ waterfalls,” sang the ladies of TLC in their huge ‘90s hit.

President Obama convenes his first formal Cabinet meeting Monday and asked department and agency chiefs to find way to cut $100 million out of the federal budget over the next 90 days, a senior administration official said.

Does your generic local multiplex get you down? Are you pining for a little movie action under the stars, snack bar included? A legit drive-in theater is hard to come by these days, but if you’re anywhere near Cape Cod this summer,

Investors are expected to look past a weak crop of earnings reports from U.S. chemical companies this quarter and focus on whether a potential economic upturn can keep shares on an upswing, analysts said.

A surge of troubled loans overshadowed better-than-expected earnings at Bank of America Corp, and the largest U.S. bank said it expects the credit situation to worsen, driving its shares down 24.3 percent.

Think participating in a TV audience is just for fans? Not always. When Jenny Jones was preparing for her show’s launch in 1991, she dropped by a taping of The Phil Donahue Show.

Hewlett Packard appears to be in a serious move to increase its laptop sales market share.

Iran should reciprocate recent overtures by the Obama administration to discuss its nuclear program, Mohamed ElBaradei, chief of the International Atomic Energy Agency (IAEA), said on Monday.

Design firm Pilotfish unveiled on Monday plans to make an advanced music phone, hoping to tap untested demand for music editing on the go.

A would-be hijacker surrendered to authorities on Monday after agreeing to free the last of more than 180 hostages he seized hours earlier aboard a Canadian charter jet in Montego Bay, Jamaica.

President Barack Obama will challenge government agencies to cut $100 million in spending when he holds his first Cabinet meeting on Monday, an administration official said.

The chairmen of two Senate committees drafting legislation to overhaul healthcare told President Barack Obama on Monday they were working together to have bills ready by early June.

A speech by Iranian President Mahmoud Ahmadinejad calling Israel a racist state was vile and fed racial hatred but did not preclude U.S.-Iranian diplomatic contacts, the United States said on Monday.

Oil slid over 8 percent to under $46 a barrel on Monday, depressed by a rising U.S. dollar and growing caution about the pace of any economic recovery and its impact on oil demand.

Stocks slid on Monday on concerns over the sustainability of recent better-than-expected results from banks after Bank of America Corp reported a big increase in troubled loans.

General Motors Corp said on Monday it is telling about 1,600 salaried U.S. employees this week to leave by May 1 as it scrambles to reduce costs under a restructuring mandated by the U.S. government.

Eli Lilly & Co reported higher-than-expected quarterly profit on Monday as it controlled costs and revalued overseas inventory because of the stronger dollar.

Stocks slid on Monday on concerns over the sustainability of recent better-than-expected results from banks after Bank of America Corp reported a big increase in troubled loans. Wall Street's tumble follows a six-week winning streak, the longest for the S&P 500 since 2007, with the Dow scoring its biggest gain over the period since 1938.

Fannie Mae , the government-controlled U.S. home funding company, on Monday named Michael Williams as president and chief executive officer.

The parents of the American journalist jailed in Iran visited their daughter for the first time since she was sentenced to prison, saying that she remained in good condition.

Swiss banking UBS AG said Monday it plans to sell its Brazilian unit for £1.7 billion or $2.5 billion to BTG investments to boost up its capital in the current economic crisis.

The U.S. Treasury said on Monday there was no basis for a report that said its stress tests on the health of the nation's 19 top banks showed several were technically insolvent.

Oil slid over 7 percent to $46 a barrel on Monday, depressed by a rising U.S. dollar and growing caution about the pace of any economic recovery and its impact on oil demand.

I need help handling an unusual dilemma. I returned to college to finish a HR degree in an attempt to position myself for a career change. In the interim, I accepted a

Oil slid nearly 8 percent to $46 a barrel on Monday, depressed by a rising U.S. dollar and growing caution about the pace of any economic recovery and its impact on oil demand.

Unpackaged. Unfiltered. Unspoiled. This is the majesty of Honduras. From the breathtaking sunsets in Roatan, to the misty green mountains of Pico Bonito, Honduras is a vibrant wonderland, full of adventure and breathtaking beauty. It is the centerpiece of Central America.