IBT Staff Reporter

The U.S. investigation into alleged manipulation of interbank lending rates is focusing on possible violations of a commodities law that has previously been used to send financial executives to prison, the Financial Times reported on Thursday.

IBM has signed an extended deal estimated at up to $1 billion to manage the information technology systems of Vodafone's Indian unit until 2017, the Economic Times reported on Thursday

According to a new research precious metals arrived on the earth when a cataclysmic meteor shower pounded our planet 3.9 billion years ago.

The U.S. investigation into alleged manipulation of interbank lending rates is focusing on possible violations of a commodities law that has previously been used to send financial executives to prison, the Financial Times reported on Thursday.

Fitch Ratings warned on Thursday that it might downgrade the credit rating of China within two years and there was a greater than even chance of a downgrade of Japan's credit status.

Anyone expecting Federal Reserve Chairman Ben Bernanke to outline bold new measures to boost flagging U.S. growth on Thursday is likely to come away disappointed.

Pippa Middleton, the sister of Kate Middleton (aka the Duchess Cambridge), who turned 28 on Sept. 6, couldn't celebrate her birthday in style.

Germany's Constitutional Court rejected on Wednesday a series of lawsuits aimed at blocking German participation in bailout packages for Greece and other euro zone countries, but said parliament must have a bigger say in future rescues.

Ever since Amazon Web Services emerged as the next big thing for e-commerce giant Amazon.com Inc a few years ago, Wall Street has debated whether the business mints money or just breaks even.

Nancy Pelosi said that Republican leaders' decision not to deliver a televised rebuttal to President Obama's jobs plan would speak volumes about their lack of commitment to creating jobs.

According to a website called All Facebook, an independent site which measures Facebook traffic, a page called Jesus Daily has, for at least 18 weeks in a row, been labeled as the most engaging Facebook page.

Nearly all deep-sea fisheries were found to be unsustainable, and marine scientists have called for putting an end to commercial fishing in the Earth's largest ecosystem.

Reese Witherspoon was hit by a car while jogging in Santa Monica on Wednesday. She was rushed to the hospital, but released with only minor injuries.

Japan's core machinery orders tumbled in July at twice the pace economists' had expected in a sign that companies are delaying investment due to worries about a strong yen, slackening global growth and slow progress in reconstruction from the March earthquake.

A 20-year-old NASA satellite is set to plunge back to Earth between late September and early October and is expected to rain debris over a wide area.

Despite President Obama rescheduling his jobs speech to Congress at the request of Republicans, several Republicans have announced they won't be attending.

Contract talks between General Motors Co and the United Auto Workers union have intensified and shifted to consideration of the scope and terms of a profit-sharing deal for some 49,000 workers at the top American automaker, people with knowledge of the talks said.

Before Rick Perry entered the race for the Republican nomination, Michele Bachmann was a major player. Now, she’s barely part of the conversation.

There are few surer ways for an executive to lose a good reputation than to be CEO of Yahoo Inc. Just ask Carol Bartz or Terry Semel.

Verizon Wireless said it will start selling the high-speed Bionic phone from Motorola Mobility on Sept 8, months after the device had been expected to launch.

Contract talks between General Motors Co and the United Auto Workers union have intensified and shifted to consideration of the scope and terms of a profit-sharing deal for some 49,000 workers at the top American automaker, people with knowledge of the talks said.

Next week a high-ranking Microsoft Corp executive will stand on stage and show off a new version of Windows on a tablet computer.

Facebook's revenue doubled to $1.6 billion in 2011's first half, a source with knowledge of its financials told Reuters, underscoring its appeal to advertisers while it grapples with intensifying competition from the likes of Google Inc.

A Manhattan federal judge rejected HSBC Holdings Plc's proposed $62.5 million settlement with investors in an Irish fund that lost money in Bernard Madoff's Ponzi scheme.

An astronomically significant supernova, or exploding star, is expected to reach its peak of brightness in the sky Thursday and Friday, visible starting Wednesday night.

President Barack Obama on Thursday is expected to offer a plan to jump-start flagging U.S. job growth that relies on a package of tax cuts and government spending that could cost upward of $200 billion.

Pacific Investment Management Company did not try to directly recruit star bond fund manager Jeffrey Gundlach while he was still employed at Trust Company of the West.

NewPage Corp , the biggest maker of magazine paper in North America, filed for bankruptcy on Wednesday, succumbing to falling demand as advertisers and readers move online.

Bank of America Corp Chief Executive Brian Moynihan is running out of time to fix the largest U.S. bank.