IBT Staff Reporter

IMF chief Christine Lagarde said in an interview released on Sunday that Europe and the United States should consider stimulating economic growth, if the situation permits, to offset a crisis of confidence hitting the global economy.

Verizon Wireless confirmed on its Twitter page that the Motorola Droid Bionic will be unleashed on September 8, while the other anticipated smartphone, iPhone 5 is still stuck in rumors about its release date.

Paleontologists discovered the fossil of a woolly rhino on the Tibetan Plateau, the oldest specimen of its kind yet to be found.

The United States has written to Switzerland to demand it hands over detailed information this week on its citizens using Swiss accounts to dodge tax or see Credit Suisse and nine other banks face charges, newspapers reported on Sunday.

After progressing into the fourth round of the US Open 2011, Novak Djokovic did a little jig, much to the delight of the crowd at Flushing Meadows.

World number one Novak Djokovic and number three Roger Federer both progressed to the last-16 phase of the US Open after seeing off Nikolay Davydenko and Marin Cilic respectively.

On some days when they were starting out, the Bansals would get on a motorbike to make the rounds of book warehouses around Bangalore, ride back to their two-bedroom apartment and package up orders for online customers.

The Miss Universe 2011 will mark the 60th anniversary of the Miss Universe pageant, which will be held at the Credicard Hall, in São Paulo, Brazil on September 12, 2011. Check out some photos of the lovely ladies gearing up for the pageant.

The recently lost iPhone 5 still remains missing, though the investigators have found the house from which the lost device was emanating signal.

Friday's jobs report that showed hiring in the United States unexpectedly ground to a halt in August is increasing speculation the U.S. Federal Reserve will move to stimulate the economy. But will it help stocks?

August is over and it actually was not as bad for stocks as widely advertised.

Singer Jennifer Lopez revealed that the first clash between the three judges on the reality show American Idol occurred during a recent audition.

Green Day's Billy Joe Armstrong was kicked off a Southwest flight for wearing saggy pants

Kiss front man, Gene Simmons will tie the knot with his longtime girlfriend Shannon Tweed.

Master champion Charl Schwartzel joined Bubba Watson and Australia's Adam Scott in a three-way tie for the lead at the halfway stage of the Deutsche Bank Championship on Saturday.

A California solar company said on Friday it plans to build a $600 million silicon factory in Mississippi that will be backed by $75 million in incentives from the state.

Lots of action happening in the first weekend of the college football season.

There's a reason the Weinstein Co. didn't screen their latest sci-fi horror opus, Apollo 18 for critics -- its new Blair Witch-on-the-moon pic is a crushing bore.

Actress Zsa Zsa Gabor's husband Prinz Frederic von Anhalt was hit by a car in Beverly Hills on Friday and taken to a hospital where he was treated for cuts to his hip and hand, his spokesman said.

Jeff Bezos, chief of Amazon.com, said the spacecraft being developed by his company Blue Origin LLC failed and had to be put down during a test run.

The worst thing about 3D technology -- other than Conan the Barbarian -- is the glasses.

Pop star Lady Gaga has teamed up with Dutch fashion photographers Inez van Lamsweerde and Vinoodh Matadin to produce five fashion-inspired vignettes for her latest single You And I.

The courtroom standoff between Dick Clark Productions and the Hollywood Foreign Press Association isn't ready for its close-up yet.

Green Day rocker Billie Joe Armstrong has complained that he was booted from a Southwest Airlines flight in Oakland, California, because of the way he wore his pants.

Hungary, the Netherlands, Norway and Serbia have become the latest countries to choose their 2011 submissions for the Academy of Motion Picture Arts and Science's Foreign-Language Film competition.

A major highway closed by a wildfire was reopened on Saturday but officials warned smoke or firefighting could bring fresh closures and motorists should avoid the immediate area.

Hundreds of firefighters battled to protect a community in the path of a wildfire raging out of control on Friday in a mountain pass outside Los Angeles that has already forced the evacuation of 1,500 homes.

Finally, the release date of the Droid Bionic has been confirmed.Verizon Wireless, on its Twitter page, announced the release date of Motorola Droid Bionic. Unsurprisingly, the new beast of Motorola Android phone will be unleashed on Sept. 8, as previously rumored by numerous sources.

Tropical Storm Lee stalls off the coast and drenches New Orleans while Hurricane Katia is still a mystery.