IBT Staff Reporter

Andy Rooney, who was famous for his wry, wise and curmudgeonly commentaries on 60 Minutes, has died of complications followed a recent surgery on Friday in New York. He was 92.

A prosecutor and a defense lawyer of Michael Jackson's doctor Conrad Murray trial gave their intense closing arguments, and hand over the case to jury for a verdict.

The Pentagon's advanced research arm, which played a key role in developing the Internet 40 years ago, said on Monday it will boost efforts to build offensive cyber arms for possible use against enemy targets by the U.S. military.

World-wide, Muslims are slaughtering animals in celebration Eid al-Adha, a holiday based on Abraham’s willingness to sacrifice his own son for Allah.

Miss Venezuela Ivian Sarcos, 22, was crowned the Miss World 2011 beauty pageant on Sunday at Earls Court in London.

Dish Network Corp lost more subscribers than expected because of promotions from rivals such as DirecTV, but the satellite television provider paid shareholders a rare dividend, which sent its stock up as much as 7 percent.

A German court granted a preliminary injunction against Apple Inc in a patent infringement case that banned the California company from selling some devices in Germany.

Many students surveyed justify cheating by saying that everyone cheats, survey finds.

The New York Times Co has sued AOL Inc to force its Huffington Post online news website to rename a parenting blog with a similar name to its own.

Stocks fell on Monday as investors stayed focused on Europe, this time on the political turmoil in debt-burdened Italy, as a reason to sell risky assets.

Stocks fell on Monday as investors stayed focused on Europe, this time on the political turmoil in debt-burdened Italy, as a reason to sell risky assets.

Actress Lindsay Lohan reported to jail on Sunday to begin serving time on a probation violation, only to be released hours later due to overcrowding.

On a weekend without a notable debut by an indie film, Sundance Jury Prize winner Like Crazy grabbed the spotlight, grossing a solid $270,000 while expanding from four to 16 theaters.

Myriad Pictures has picked up non-U.K. rights to Seconds of Pleasure, a drama being developed for the big screen and starring Matt Dillon, Julia Stiles, Kristin Scott Thomas, Brendan Fraser and Christina Hendricks, the company announced on Sunday.

The young superstar couple Justin Bieber and Selena Gomez seem to be walking through the flames of rumors just fine - as the duo dazzled MTV Europe Music Awards (EMAs) and spent time catching up with each other backstage.

LA Galaxy will face Houston Dynamo in the final of the MLS Cup after beating Real Salt Lake 3-1 in the Western Conference championship.

Derivatives exchange ICE said on Monday it would launch its new Brent crude oil futures and options contract on December 5 with a first trading contract of December 2012 rather than February 2013 as initially proposed.

Pigeonpea - a minor agricultural crop more common in rural backyards than plowed fields, reached a milestone Sunday when Indian and Chinese researchers announced the decoding of the plant's genome.

Wall Street must raise its appeal to the next generation of investors and female professionals to remain competitive in the wealth management industry, the former head of Bank of America's wealth management unit said on Monday.

South African stocks surged more than 2 percent on Monday, buoyed by a last-minute short covering on mixed news out of Europe, while gold miners such as Harmony Gold were lifted by stronger bullion.

Nigeria's national security adviser on Monday dismissed a warning from the United States of an Islamist bomb threat to luxury hotels in the capital as not news, and said it was spreading unnecessary panic.

Fighters who toppled dictator Muammar Gaddafi in Libya's uprising will keep their weapons for now to aid in security, an Islamist commander said.

Liberia could tip into chaos not seen since its civil war if a presidential run-off election set for Tuesday is not delayed and reorganized, presidential hopeful Winston Tubman said on Sunday.

Clashes and sporadic gunfire rocked part of Monrovia on Monday, killing at least one person after Liberian riot police fired tear gas to disperse several hundred supporters of presidential challenger Winston Tubman.

Sporadic gunfire rocked the centre of Monrovia on Monday after Liberian riot police fired tear gas to disperse several hundred supporters of presidential challenger Winston Tubman, and at least one person was killed, a Reuters witness said.

One of the women who alleges that Herman Cain sexually harassed her in the 1990s will hold a press conference Monday afternoon with powerhouse lawyer Gloria Allred to describe the incidents in detail.

Boeing Co and All Nippon Airways <9202.T> are investigating a landing gear problem on the 787 Dreamliner, the first technical glitch reported since the new jetliner entered service less than two weeks ago, the airline said on Monday.

It’s a historic week in aviation in the United States as both Unites Airlines and Alaska Airlines make maiden commercial voyages powered by biofuels.

Asia's central bankers have two main choices for coping with Europe's debt crisis: Wait it out and hope for a safe resolution, or take out an insurance policy in the form of an interest rate cut.