IBT Staff Reporter

Republican presidential candidate Rick Perry outlined plans on Friday to dramatically increase energy production and create 1.2 million jobs, taking aim at federal regulations he said are strangling the economy.

A U.S. judge said that Samsung Electronic's Galaxy tablets infringe Apple Inc's iPad patents, but added that Apple has a problem establishing the validity of its patents in the latest courtroom face-off between the technology giants.

A California man was charged with eight counts of first-degree murder on Friday in a shooting spree at Seal Beach hair salon that killed his ex-wife and seven other people, prosecutors said.

Stocks advanced on Friday, putting the S&P 500 on track for back-to-back weekly gains for the first time since early July after better-than-expected retail sales and results from Google .

In a sign of shifting power inside Fidelity Investments, Chairman Edward C. Johnson III has relinquished a central role, giving his daughter Abigail Johnson the title of chairman of the company's flagship mutual fund business.

Samsung Electronics said on Friday that it planned to unveil a new smartphone based on Google's latest version of the Android operating system at an event in Hong Kong on Oct. 19.

China's consumer inflation dipped to 6.1 percent in September, retreating further from three-year highs, although stubborn food price pressures will deter the central bank from loosening its policy reins anytime soon.

A Dutch court on Friday turned down Samsung Electronics' request for an injunction against all of Apple's mobile products that use 3G telecommunications technology, denying it revenge over a similar move by Apple.The two technology giants have been lo

Apple Inc's new iPhone went on sale in stores across the globe on Friday, prompting thousands to queue around city blocks to snap up the final gadget unveiled during Steve Jobs' life.

The two biggest U.S. companies in the video game industry are preparing for a gunfight.

Republican lawmakers on Wednesday attacked an Obama administration proposal for limiting food advertising to children even as the team behind the plan offered concessions to food and beverage makers.

Thursday's cancellation of the Hulu auction had less to do with the $2 billion sale price and more to do with a shift in strategic perspective among the owners.

Alec Baldwin can’t make up his mind. The “30 Rock” actor, who just announced he is launching a podcast on New York’s WNYC, has been airing spots on public radio since last fall telling them not to give to public radio.

The National Association of Theater Owners (NATO) announced Friday that it has elected four new officers, including a new chairman and vice-chairperson.

Manchester United skipper Nemanja Vidic has been handed the task of deciding whether he is fit enough to face arch-rivals Liverpool on Saturday in the Premier League.

G20 ministers should not focus on increasing the International Monetary Fund's resources and should instead keep the pressure on Europe to resolve its debt crisis, Canadian Finance Minister Jim Flaherty said on Friday.

Big U.S. Internet computing companies should outshine their plainer PC cousins when earnings season kicks off next week, as corporations and fast-growing Web players dramatically accelerate their pace of hardware spending.

Rupert Murdoch's multi-million dollar campaign to win back the hearts and minds of News Corporation's independent investors suffered a new blow on Friday after another key shareholder group called for his eviction from its board.

Occupy Wall Street protesters clashed with the police Friday morning, shortly after the announcement that the official cleanup of Zuccotti Park, the occupiers' home base in lower Manhattan, was to be postponed.

Occupy Wall Street protesters clashed with the police Friday morning, shortly after the announcement that the official cleanup of Zuccotti Park, the occupiers' home base in lower Manhattan, was to be postponed.

Mattel Inc , the world's largest toy company, reported a bigger-than-expected fall in gross margins, hurt by a stronger dollar and higher costs, taking the gloss off a record jump in sales of its iconic Barbie dolls heading into the critical holiday season.

Stocks rose on Friday as better-than-expected retail sales further relieved fears of another recession while optimism kept growing that the euro zone was making progress on a solution to its debt crisis.

The International Monetary Fund may need a capital injection of about $350 billion to give it more firepower to fight economic crises, an emerging market G20 source said on Friday.

Hermes Equity Ownership Services is the latest firm to call for a major restructuring of the media company's corporate governance.

Canadian manufacturing sales rose almost three times higher than expected in August and offered more evidence that the economy is on track for modest growth in the third quarter after a slump in the second.

The third quarter could mark the end of a hot streak for Ericsson as a combination of a global slowdown, tough competition and an increase in low margin business cloud the outlook for the world's top mobile equipment firm.

he controversial Obedient Wives Club in Malaysia has issued radical suggestions on sex and marital relations since it was formed last year.

Germany's SAP , the world's biggest maker of business software, reported a jump in its third quarter sales and profits, sending its shares 2 percent higher on Friday.

Google Inc is likely to emerge as a top mobile play, according to Wall Street analysts, with several raising their price targets on the stock, some by as much as 10 percent.