IBT Staff Reporter

Forget for a moment who deserves to be crowned the bond king. For the past year and more, Jeffrey Gundlach has beaten the pants off Bill Gross.

Factory activity in the U.S. Midwest slowed just a bit in August and private employers continued to hire despite extreme financial market turmoil, easing fears the economy would fall back into recession.

Another next-generation iPhone has reportedly gone missing.

Wednesday morning, a suspicious package was found in the mail room of at Scott Air Force Base in Illinois, sending three service members who handled it to hospitals.The incident started a little after 9 a.m. in building 1650, and the discovery prompted a temporary closure of parts of the Air Force Base.

Filipino women who have been abused by their bosses in the oil-rich United Arab Emirates are learning how to manage money before they are sent back to the Philippines.

A green anole lizard named Anolis carolinensis is the first non-avian reptile to have its genome sequenced, and may unveil the secrets of evolutionary process of animals and humans.

Watch out for a hurled tomato in Bunol, Spain. The annual Tomatina festival brought in five truckloads of tomatoes for one hour of messy fun.

Just because everyone speaks English, doesn't mean we all speak the same language. Here are some well known (and some surprising) vocab differences between American and British English.

Rapper T.I., real name Clifford Harris Jr., was welcomed by well-wishes from family, friends and fans after he was released from federal prison Wednesday a month earlier than expected.

Sony has unveiled a slew of new toys at the IFA including its entry into the tablet space.

The Institute for Policy Studies (IPS) Executive Excess report shows that 25 major American corporations last year paid their chief executives more than they paid the government in federal income taxes.

Web-based software maker Salesforce.com Inc's Chief Executive Marc Benioff unveiled a slew of social networking tools and said he was inspired by recent revolutions in Egypt and Libya.

Chicago Mayor Rahm Emanuel is taking heat from police unions as he looks for ways to cut tens of millions of dollars from the police budget.

Hurricane Irene may heap billions of dollars of extra costs on the already fragile U.S. economy, but insurance companies are likely to emerge relatively unscathed.

Floodwaters finally started to recede from areas of the northeast devastated by Hurricane Irene but many communities were still underwater on Wednesday and relief workers battled cut-off roads and raging rivers to deliver emergency supplies.

Stocks edged up slightly on Wednesday as another round of soft economic data supported a growing belief the Federal Reserve would take new steps to stimulate growth, but tech stocks struggled.

One out of every 10 companies in the S&P 500 index -- including stalwarts like Apple and JPMorgan Chase -- is now cheaper than during the 2008-2009 market meltdown.

Pfizer Inc reached a settlement with Dr. Reddy's Laboratories , an Indian drugmaker that has been fighting in court to launch cheaper generic forms of Pfizer's blockbuster cholesterol fighter, the companies said on Wednesday .

A producer with Al Jazeera gained access to a demolished Libyan building filled with documents showing Libyan leaders maintained direct communications with influential figures in America.

The Obama administration on Wednesday filed to block AT&T Inc's $39 billion proposed acquisition of T-Mobile USA from Deutsche Telekom due to anti-competitive concerns.

Sony Corp put price tags on its long-awaited tablets on Wednesday that could hurt the company's chances to grab the No. 2 spot in the tablet market.

Google Inc promoted a daily deals offer on the front page of its website on Wednesday, a rare instance of the search giant using the prized online real estate for advertising.

Akwaaba. Welcome, to the road less traveled!

Canada's left-leaning New Democratic Party has vaulted into a tie in public support with the governing Conservatives in the wake of the death of NDP leader Jack Layton, a poll released on Wednesday showed.

A suspicious package at a U.S. Air Force base about in Illinois, 15 miles east of St. Louis, prompted a temporary closure of parts of the facility Wednesday morning, in addition to sending three people to a nearby hospital.

The Canadian economy shrank in the second quarter, its first quarterly fall since the 2008-09 recession, with temporary factors such as Japan's earthquake and tsunami playing a big role, Statistics Canada said on Wednesday.

A leading venture capital star says that a changing set of valuation expectations could be the prick that pops the software industry bubble.

In terms of electability, Republican primary voters may see Rick Perry -- who is solidly ahead in four recent polls -- as a happy medium between Mitt Romney and Michele Bachmann.

IBM has agreed to buy British security analytics software firm i2 for an undisclosed sum, it said Wednesday, as it continues to devour companies that can help its clients deal with growing mountains of data.