IBT Staff Reporter

U.S. consumer spending rose in September as Americans saved less to fund purchases amid weak income growth, which could cast doubts over the durability of the third-quarter's economic growth spurt.

Coventry Health Care Inc , a health insurer, posted a lower quarterly profit that just beat analysts' estimates, but raised its full-year outlook for a third time -- although this is still below market consensus.

Euro zone interest rates will very likely remain on hold next week as the European Central Bank navigates the transition to new leadership, with an anti-crisis plan forged by EU leaders taking some heat off monetary policymakers.

Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business.

An agreement by a private equity firm to buy Mosaid Technologies for C$590 million ($594 million) includes core wireless patents controlled by the Ottawa-based target company as part of a recent deal with Nokia and Microsoft.

Stocks edged lower on Friday as investors took a breather from a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

Gary Johnson, the long-shot alternative to Ron Paul for the libertarian vote in the Republican primaries, has staked his campaign almost entirely on New Hampshire. But if he doesn't hurry up, his name might not even be on the ballot there.

A new biography, commissioned by Jobs himself, was just released and contains a frank portrayal of the prolific Apple CEO.

Sluggish growth in U.S. consumer income in September led households to cut back on saving to increase their spending, casting doubts over the durability of the economy's third-quarter growth spurt.

A recent poll seeking to gauge public understanding of climate engineering across the U.S., Canada and the United Kingdom has made a surprising discovery: 72 percent of respondents were favorably inclined toward exploring climate engineering and solar radiation management (SRM) options.

A team of computer security researchers recently developed a proof-of-concept 'spy' app for the iPhone 4 capable of tracking typing on a nearby keyboard using the device's native accelerometer and gyroscope. Even a basic, widely available mobile device such as the iPhone is sensitive enough to enable the app to pick up data such as whether the keystrokes come from the left or right side of the keyboard and the relative distance between punched keys.

Facebook will release the Trusted Friends and App Passwords security features on Facebook soon.

According to scientists at Hong Kong University, a new discovery indicates that star dust may have played a vital role in the development of life on our planet.

Canadian stocks looked set to open lower on Friday after rallying more than 2 percent on Thursday, as the investor optimism that followed Europe's latest debt crisis plan began to fade.

Whirlpool Corp , the world's largest maker of household appliances, is responding to recessionary demand in major developed markets by cutting jobs and manufacturing capacity, following a similar move by rival AB Electrolux .

From thousands of miles away, Chinese military is believed to have hacked American satellites between 2007 and 2008.

The icy planet that lead to Pluto's demoting in our solar system is now identified to be almost identical to the ex-ninth planet.

With the upcoming trailer of Grand Theft Auto V being released Nov. 5, rumors put the game's setting in Los Angeles.

Mitt Romney seems to be cruising to a New Hampshire victory. Who could pull off an upset in the first-in-the-nation primary?

Stocks opened lower on Friday as investors booked profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

Stocks opened lower on Friday as investors booked profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

The U.S. Patent and Trademark Office has awarded Apple the popular slide-to-unlock feature, boasted by many smartphones nowadays, on a touchscreen device. Apple had already been granted a similar patent before. Another major patent win would obviously strengthen Apple's position. The patent (U.S. Patent No. 8,406,721) is entitled Unlocking a Device by Performing Gestures on an Unlock Image, and has an open language as follows:

Merck & Co's quarterly profit and sales beat forecasts as strong demand for the company's diabetes and asthma drugs offset a sharp decline for its Remicade arthritis drug.

In October, three musketeers in the smartphone market rushed before the eyes of smartphone watchers - Motorola Droid Razr, Samsung Galaxy Nexus and iPhone 4S. Apple's iPhone 4S, unveiled on Oct. 4, just a day before the company's co-founder Steve Jobs died, smashed its previous sales records by selling 400 million devices over the launch weekend. Samsung Galaxy Nexus, the latest Samsung and Google flagship smartphone, which was unveiled in Hong Kong on Oct. 19, is likely to be launched in...

The head of Europe's bailout fund sought financial support from China on Friday to help resolve the bloc's debt crisis, saying that while no quick deal was in sight he was still confident Beijing would keep buying bonds issued by his fund.

Stocks were set for a lower open on Friday as investors looked to book profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday.

Chevron Corp said its quarterly earnings more than doubled, beating Wall Street forecasts, as the second-largest U.S. oil company benefited from high oil prices and strong refinery margins.

The head of Europe's 440 billion euro bailout fund played down hopes of a quick deal with China to throw its support behind efforts to resolve the bloc's debt crisis but said he expects Beijing to continue to buy bonds issued by the fund.