IBT Staff Reporter

General Motors responded to President Barack Obama's address on climate policies Monday, saying it was working aggressively to develop better hybrids and electric cars to reduce emissions and improve mileage.

General Motors responded to President Barack Obama's address on climate policies Monday, saying it was working aggressively to develop better hybrids and electric cars to reduce emissions and improve mileage.

Hong Kong has a stunning array of glass, steel and marble-clad edifices that are monuments to modern architecture and some of the world's top architects.

Culture and heritage are what sets Hong Kong apart from the rest of Asia – indeed the world. With 150 years of colonial history and a largely Chinese population, Hong Kong is a unique fusion of Western and Eastern cultures where the old and the new live side by side. Its incense-filled temples, colonial buildings and glass-and-steel skyscrapers, along with its ancient traditions and lively festiv...

Caterpillar Inc., Sprint Nextel Corp., Home Depot, Pfizer Inc., General Motors, ING Groep NV and Royal Phillips Electronics NY announced a combined 69,000 job cuts on Monday.

Chesley Sullenberger , the heroic pilot who safely landed Flight 1549 in the middle of New York City's Hudson River on January 15, has changed his first TV interview that was promised to NBC's Today, to 60 Minutes.

New acts have been added to the performance roster for the 51st annual Grammy Awards, and they are major.

Lantau Island features the world's tallest outdoor seated bronze Buddha, along with the Po Lin Monastery, Tai O village on stilts, Ngong Ping 360 and Hong Kong Disneyland.

Take the iconic Star Ferry to enjoy stunning views around the harbour, and don’t miss the nightly A Symphony of Lights show featuring harbour-front buildings.

General Motors Corp said Monday it is slashing 2,000 jobs at two plants in Michigan and Ohio and will reduce production in about 13 other factories as demand for vehicles drops.

Jessica Simpson showed off new curves as she performed in a concert over the weekend at Sunday's Radio 99.9 Kiss Country Chili Cook-off at Pembroke Pines, Fla.

Hong Kong's most popular attraction, The Peak offers spectacular views over the city, harbour and mountains beyond. For an extra buzz, take the Peak Tram.

John Thain, former Chief Executive of Merrill Lynch & Co. pledged to reimburse to the firm the $1.2 million he spent to renovate his office saying it was a mistake.

Sony is offering portable gamers in Japan the option of four new and very bright colors for their gaming enjoyment.

Police in the Bahamas have detained an island lawmaker and a paramedic in an alleged plot to extort money from actor John Travolta, both who were by the Tavolta's side in the moments leading up to and after the death of their only son, Jett.

Officials of Microsoft said late last week they already have more than enough beta testers for Windows 7, but are still extending the cut-off date for downloads of the beta release.

Obesity can be caught as easily as a common cold from other people's coughs, sneezes and dirty hands, scientists said Monday.

On Monday two U.S. helicopters crashed in northern Iraq, killing four American troops.

San Francisco-based micro-blogging company has followed up on its previous $20 million in funding with a similar sized round that has yet to be announced.

Men who are sexually active in their twenties and thirties are more likely to develop prostate cancer later in life according to a new study.

CSI: Crime Scene Investigator cast member, Gerald McCullouch was attacked on a New York City subway by a knife-wielding mugger early Sunday.

George Eiisenheart, a promoter for the Motor Sports Monster Truck and Thrill Show has died Saturday Night from injuries in an accident at an event in Madison, Wisconsin.

Apple confirmed on January 27, 2009, the shipment of the Apple's creativity application suite called iLife. There are no new applications in this release, but a whole raft of upgrades and improvements.

On Monday shares in British Airways PLC slid over 7 percent Monday after the company warned that it would likely post an operating loss of 150 million pounds ($207 million) for its March fiscal year end.

Illinois' beleaguered Gov. Rod Blagojevich said Monday that he considered appointing talk show queen Oprah Winfrey with President Barack Obama's senate seat.

Slumdog Millionaire, the rags to riches tale of a Mumbai slum dweller, emerged as favorite to win the best picture Oscar after winning the top prize at the 15th Screen Actors Guild awards on Sunday.

Amid an unprecedented global economic crisis, The World Economic Forum 2009 taking place in Davos, Switzerland kicks off from Jan 28 to February 1, as thousands of key economic figures come together to discuss and find ways to stabilize and relaunch the global economy.

Caterpillar Inc., the world's largest maker of mining and construction equipment, said Monday its fourth-quarter profit fell more than 32 percent, and plans about 20,000 job cuts.

McDonald's began 2009 by reporting strong end to 2008, as the global fast food chain continues to do well in difficult economic times with a fourth quarter profit that beat Wall Street analysts' expectations.