IBT Staff Reporter

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

Sep 08, 2011

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

Sep 08, 2011

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.

Sep 08, 2011

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.

Sep 08, 2011

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.

Sep 08, 2011

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

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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

Sep 07, 2011

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.

Sep 07, 2011

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

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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.

Sep 07, 2011

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

Sep 07, 2011

The Motorola Droid Bionic is rolling out on Thursday as an iPhone killer, and the new Android beast is available at Verizon with the price tag of $299.99.

Sep 07, 2011