NEW YORK

IAC/InterActiveCorp. (Nasdaq: IACI) and AOL Inc. (NYSE: AOL) both reported profitable second quarters on Wednesday, and both New York-based companies discussed the futures of their respective troubled media properties.

Apple beat its own conservative quarterly estimate, reporting a strong jump in earnings and even sold a record number of iPads in Q3, but across the board, Apple did a rare thing: It missed analysts' estimates. Apple can rebound in Q4 if it decides to release its next iPhone, which many are already calling "iPhone 5," as long as the much-rumored "iPad Mini."

American children's well-being have improved in education and health despite the recent economic downturn. However, between 2005 and 2010, 2.4 million more children were living in families and more parents are finding it hard to get steady employment.

The EU is looking into the possibility of making Libor and Euribor rate-rigging -- the deliberate manipulation of interest rates that set the benchmark for over $500 trillion in financial contracts - a criminal offense.

News of Kristen Stewart's alleged infidelity has flooded the media and left Twilight fans slack-jawed and heartbroken.

The ASA rules against Activision in a case involving a daytime television ad for Call of Duty: Modern Warfare 3. How will this impact future marketing for the next installment in the Call of Duty franchise, Black Ops 2?

Nicole Snooki Polizzi, pregnant star of The Jersey Shore was at CitiField for the July 23rd Mets game against the Washington Nationals. She was also booed to the point where her Let's Go Mets message was completely drowned out, according to NBC Sports.

Here is a preview of the 2012 New York Giants Depth Chart as they head into training camp.

Opponents of the proposed large soda ban view the measure as unwelcome government intervention -- a further incursion of Mayor Michael Bloomberg's nanny state -- while supporters call it crucial to fighting obesity.

Will the Yankees make a move to replace Alex Rodriguez?

The Islamic State of Iraq, an Al-Qaeda affiliate, said it is honoring the month of Ramadan with “a new blessed foray” of violence in the country, claiming responsibility for Monday’s attacks that killed at least 116, wounded at least 300.

Apple shares tumbled 5 percent in after hours trading on Tuesday after the tech giant announced lower-than-expected sales of its flagship iPhone.

The latest measurements from three independent satellites analyzed by NASA for several days in July show that Greenland's surface ice cover has melted over an area larger than at any time in more than 30 years of satellite observations.

The hits kept coming for Penn State on Tuesday when State Farm, an official sponsor of the football program, announced it would no longer sponsor the team.

The New York Times Co. (NYSE: NYT), publisher of the third-largest U.S. newspaper by circulation, is expected to have higher earnings in the second quarter on lower revenue as print advertising is flat but online subscribers increase.

The New York Yankees' trade for 10-time All-Star Ichiro Suzuki should help baseball's most popular team both on and off the field.

With her website drowning in hot pink, tiger print and sparkles, New York State Senate candidate Mindy Meyer, a Republican, is living up to her self-proclaimed Diva Of The District moniker.

Wal-Mart, in a bid to protect consumers, said it was not happy with the proposed $7.25 billion retailers' settlement with Visa Inc., and MasterCard Inc., over interchange and processing fees to cover credit and debit card payments.

It's long been rumored that the iPad Mini and the new iPhone -- the 5, as many call it -- would launch around the same time -- around the end of September and beginning of October -- but a new report says Apple may release the new iPhone and iPad sooner rather than later.

While there is public outcry for a discussion on gun control, residents in Colorado have begun seeking background checks needed to buy guns. A local paper reported there has been an increasing number of people showing interest in carry-permit training.

The Yankees might not be done making moves after trading for Ichiro Suzuki.