IBT Staff Reporter

It's unclear how big a role the mobile division will play under CEO Carol Bartz as it has been difficult to monetize so far.

Apr 01, 2009

US President Barrack Obama and Russian President Dmitry Medvedev committed to launch negotiations on a new nuclear arms treaty to reduce nuclear warheads on Wednesday, issuing a broader cooperation pact across a wide range of policy areas.

Apr 01, 2009

U.S. regulators have reached the closing phase of stress tests to gauge the health of the nation's top banks, and are bracing for a battle to get those firms to accept tough appraisals.

Apr 01, 2009

Full-length TV shows will be shown now on BlackBerry devices as QuickPlay Media has announced it will offer a new TV download service for the smartphones via the newly released Research In Motion applications store.

Apr 01, 2009

US President Barack Obama said that all the participating countries at G20 summit should work together to tackle the global financial crisis and should recognize they had to forget their occasional differences on how to promote economic growth and trade.

Apr 01, 2009

Goldman Sachs analyst said Wednesday, Web-based software provider to sell Saleforce shares and VMware Inc to buy as the companies faces slowing IT spending.

Apr 01, 2009

Riot police staged baton charges to try to disperse several hundred protesters gathered around the Bank of England in the heart of London's financial center on Wednesday after a day of protest against the G20 summit.

Apr 01, 2009

Verizon Communications' video, Internet and wireless businesses are growing despite the recession's impact on its traditional phone business and its enterprise segment, Verizon's top executive said at the CTIA annual wireless technology showcase.

Apr 01, 2009

Stocks climbed on Wednesday as factory and home sales data raised hopes the economic downturn is moderating, sparking a broad advance.

Apr 01, 2009

A top Federal Reserve official said on Wednesday she expects the U.S. economy to stabilize this year and begin to recover in 2010.

Apr 01, 2009

U.S. conglomerate General Electric Co and Intel Corp , the world's largest chip maker, have scheduled a joint press conference for Thursday, and are expected to discuss an alliance in health care, according to a source with knowledge of the plans.

Apr 01, 2009

A British man has been accused of stabbing his partner to death after she kicked him out of their bedroom so she could spend the nights playing Grant Theft Auto on a Sony PlayStation console, instead of spending time with him.

Apr 01, 2009

The U.S. auto industry's March sales met or beat Wall Street's dismal expectations, sending a bit of light into a sector struggling to mimic the incentive-driven successes of their European rivals.

Apr 01, 2009

GMAC Financial Services said it will resume making car and truck loans to subprime borrowers and will lower inventory financing costs for cash-strapped auto dealers, part of a series of moves intended to spur sales at General Motors Corp .

Apr 01, 2009

Microsoft Corp on Wednesday launched a new range of server systems for small companies, scaling down its existing offerings to attack one of the fastest-growing segments of the business computing market.

Apr 01, 2009

There was no peering into anyone's soul, and there was no bonding over Colgate toothpaste.

Apr 01, 2009

General Motors Corp on Wednesday reported a 45 percent decline in auto sales for March in the U.S. market, but the drop was broadly within expectations for the struggling automaker.

Apr 01, 2009

Research In Motion has launched an online store selling entertainment, games, news and travel applications to BlackBerry users.

Apr 01, 2009

Demonstrators clashed with riot police and smashed the windows of a bank in London's financial center on Wednesday in protest against a system they said had robbed the poor to benefit the rich.

Apr 01, 2009

Research in Motion today launched its online applications catalog, dubbed App World in response to competitors like Apple and Google who already offer exclusive applications in the marketplace.

Apr 01, 2009

Apple's iPhone has emerged as a serious videogame platform, fulfilling the long-held promise of mobile phone gaming and positioning itself as a legitimate competitor to handheld consoles.

Apr 01, 2009

Oil fell more than $2 a barrel to below $48 on Wednesday, as U.S. data showed crude stocks grew again last week.

Apr 01, 2009

Cuban authorities accused blogger Yoani Sanchez on Wednesday of staging a provocation against the Cuban Revolution after she and others spoke publicly about censorship during an arts performance in Havana.

Apr 01, 2009

Stocks extended gains on Wednesday after factory and home sales data further spurred hopes that the economy was seeing signs of stabilization.

Apr 01, 2009

Demonstrators clashed with riot police and smashed the windows of a bank in London's financial center on Wednesday in protest against a system they said had robbed the poor to benefit the rich.

Apr 01, 2009

The Federal Deposit Insurance Corp should be the agency to wind down troubled nonbank financial companies, though perhaps through a legally separate resolution authority, Chairman Sheila Bair said on Wednesday.

Apr 01, 2009

Pending sales of existing U.S. homes rose modestly in February but the market is still weak in the face of continued declines in home values and a recession, a realty trade group said on Wednesday.

Apr 01, 2009

Stocks rose on Wednesday following factory and home sales data that may point to a healthier economy later in the year, boosting investor optimism.

Apr 01, 2009

Massachusetts' top securities regulator charged hedge fund firm Fairfield Greenwich Group with fraud for allegedly lying to investors about confessed swindler Bernard Madoff's phony management business.

Apr 01, 2009