IBT Staff Reporter

Hewlett-Packard Co should reconsider its decision to dump its TouchPad tablet since the device could double the value of the PC division HP plans to spin off, technology research firm Canalys said in a note to clients.

German Chancellor Angela Merkel bluntly rejected euro zone bonds on Thursday as a solution to the currency area's sovereign debt crisis, saying that collectivizing debts would not solve the problem.

Research In Motion is set to report sharply lower earnings and revenue after markets close on Thursday, as a raft of new BlackBerry smartphones arrived only late in the quarter.

Billionaire investor George Soros has warned Europe's debt crisis risks triggering another Great Depression unless euro zone leaders adopt a series of radical policy measures, including the creation of a common treasury.

UBS said a rogue trader had lost it $2 billion in unauthorized dealing and police in London arrested a man in connection with the case.

Research In Motion is set to report sharply lower earnings and revenue after markets close on Thursday, as a raft of new BlackBerry smartphones arrived only late in the quarter.

UBS said a trader has lost about $2 billion in unauthorized dealing and warned it might post a loss in the third quarter, a huge blow as the Swiss bank struggles to rebuild its credibility after years of crises.

Apple’s upcoming operating system, iOS 5, which is going to power iPhone 5, iPad, iPad 2, iPhone 3GS, iPhone 4, iPod touch next generation boats certain features which are already available with the Android based devices.

German Chancellor Angela Merkel rejected joint euro zone bonds on Thursday as absolutely wrong and said restoring stability to the single currency bloc required a longer-term step-by-step approach.

General Motors Co and Chrysler Group LLC agreed to extend labor contracts with the United Auto Workers on Thursday as the union's negotiations failed to produce the expected breakthrough on pay for 113,000 autoworkers.

Stock index futures pointed to a higher open for equities on Wall Street on Thursday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.3 to 0.5 percent.

Stock markets rose for a third day on Thursday and the euro steadied, helped by signs that euro zone leaders are committed to keeping Greece afloat for now.

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

So much for chastity in the world of the Twilight vampires.

Switzerland's UBS said on Thursday it had discovered unauthorized trading by a trader in its investment bank had caused a loss of some $2 billion.

Switzerland's UBS said on Thursday it had discovered unauthorized trading by a trader in its investment bank had caused a loss of some $2 billion.

India's food price index rose 9.47 percent and the fuel price index climbed 13.01 percent in the year to Sept. 3, government data on Thursday showed.

The father of Casey Anthony said in a TV interview that aired on Wednesday he believes his daughter or someone with her drugged his 2-year-old granddaughter and caused the girl's death.

Apple has issued EFI firmware update for Macbook Air system to address issues with Lion Internet Recovery and compatibility for the upcoming Thunderbolt displays that Apple is developing. Following this update, Apple released updates for Mac Mini and MacBook Pro to offer stability enhancement for Lion Internet Recovery, Apple Thunderbolt Display compatibility and Thunderbolt Target Disk Mode.

European stock index futures rose on Thursday, following a bounce in Asia, on signs that European policymakers are taking tentative steps to tackle a crippling debt crisis, but the euro slipped amid skepticism that a Greek default can be avoided.

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

Kingfisher Airlines Ltd., controlled by liquor baron Vijay Mallya, needs to infuse required funds to continue as a going concern, its auditor has said, raising concerns about the future of the loss-making carrier.

After scaling the cliff walls of the Grand Canyon and driving the Le Mans racetrack for 24 hours, a tiny Japanese robot is set for a new challenge -- Hawaii's grueling Ironman Triathlon course.

Huawei Technologies Co Ltd, the world's No.2 network equipment maker, expects its deals in the enterprise sector to total more than $7 billion by next year, banking on demand from key markets such as China, a senior executive said.

Michaele Salahi, star of The Real Housewives of DC told investigators that she was with a good friend and hasn't been kidnapped, according to authorities.

Japanese manufacturing confidence improved for a fifth straight month in September but the pace of recovery slowed to a crawl, with a strong yen and faltering global growth starting to take a toll on the world's No.3 economy, a Reuters poll showed.

Asian stocks bounced on Thursday after tentative steps by euro zone policymakers to tackle a crippling debt crisis, but investors remained wary that obstacles the bloc's leaders face could weigh on the euro and Asian currencies in the medium term.

Asian stocks bounced on Thursday after tentative steps by euro zone policymakers to tackle a crippling debt crisis, but investors remained wary that obstacles the bloc's leaders face could weigh on the euro and Asian currencies in the medium term.