IBT Staff Reporter

A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.

It's beginning to look a lot like a weaker Christmas.

A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.

First there was the Stuxnet computer virus that wreaked havoc on Iran's nuclear program. Now comes Duqu, which researchers on Tuesday said appears to be quite similar.

Asian shares rose on Wednesday, but gains were capped by a cut to Spain's sovereign credit rating from Moody's Investors Service that kept investors' risk appetite in check.

The official debut of the Samsung Nexus Prime smartphone is scheduled for Wednesday morning in Hong Kong and we can't wait to see what the device has to offer.

Motorola Mobility is reviving its once-popular Razr brand to tout its latest gadget, the Droid Razr, as the world's slimmest smartphone.

Sony Corp said on Wednesday it would launch its new handheld games device, the PlayStation Vita, on February 22 in the United States and Europe.

Apple Inc shocked investors with a rare miss in its quarterly earnings on Tuesday, sending its shares down sharply.

CHATTANOOGA, Tennessee The U.S. economy is unlikely to slip back into recession, and an improvement in recent indicators has been encouraging, Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday.

Although Giuliana Rancic of Fashion Police and host of E! News is battling breast cancer, she expects to make a full recovery, according to an interview on NBC's Today Monday.

CHATTANOOGA, Tennessee The U.S. economy is unlikely to slip back into recession, and an improvement in recent indicators has been encouraging, Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday.

Moody's Investors Service on Tuesday cut Spain's sovereign ratings by two notches, saying high levels of debt in the banking and corporate sectors leave the country vulnerable to funding stress.

U.S. bank executives are eager to buy back their stocks at depressed prices, but regulators appear to be reining them in, showing a clear disagreement over how risky the financial world is today and how much banks need to conserve capital.

Intel Corp forecast quarterly revenue above Wall Street's expectations, defying concerns that the growing popularity of tablets and a shaky economy are eating into demand for personal computers.

Apple Inc stunned Wall Street by reporting results that missed expectations for the first time in years, blaming rumors of the new iPhone for hurting demand in the September quarter.

Apple Inc reported a rare miss in quarterly results after sales of its flagship iPhone fell well short of Wall Street expectations, hammering its shares.

One of the most enduring friendships in Hollywood -- and one that led to the Oscars this year -- has dissolved in acrimony.

Intel Corp forecast quarterly revenue above Wall Street's expectations, defying concerns that tablets and a shaky economy are eating into demand for personal computers.

In a copyright infringement case at the heart of media company battles to win Internet viewers, an appeals court grappled on Tuesday over whether to revive Viacom Inc's landmark $1 billion lawsuit against Google Inc's YouTube.

Jaguar Financial, a Research In Motion investor agitating for a shake-up, said two independent RIM directors canceled meetings called this week to discuss complaints about the BlackBerry maker.

Joey Gladstone and Stephanie Tanner, together again.

Britain's Guardian newspaper reported on Tuesday that France and Germany had agreed to boost a euro zone financial rescue fund to two trillion euros ($2.76 trillion), pushing U.S. stocks and the euro higher despite doubts about whether there was such an agreement.

Stress and anxiety may often cause pain in your stomach, according to reports. There are many types of meditation and relaxation techniques that have meditation components that don't result in people having to resort to a number of costly methods to fight stress and anxiety.

Apple Inc reported a rare miss in quarterly results after sales of its flagship iPhone fell well short of Wall Street expectations, hammering its shares.

Apple Inc once more faces lofty expectations after smashing iPhone sales records, but Wall Street remains confident the world's largest technology company will deliver another bumper quarter.

Apple Inc plans to shutter U.S. retail stores for several hours on Wednesday so employees can take part in a company-wide celebration of co-founder Steve Jobs' life, a person familiar with the celebration said.

CHATTANOOGA, Tennessee The U.S. economy is unlikely to slip back into recession, and an improvement in recent indicators has been encouraging, Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday.

Goldman Sachs Group Inc's bonuses are set to drop at least 20 percent this year and experts warn plunging revenue could push pay for the year even lower.