IBT Staff Reporter

Oracle Corp accused Hewlett-Packard Co of fraud for concealing facts during negotiations between the two companies, according to a court filing.

New York City-based Pfizer Inc. gained FDA approval for their drug Xalkori, the first new medicine in several years for deadly, advanced lung cancer, according to new research.

A report denies Apple will enter the world of streaming music via the cloud.

General Motors and LG Group will jointly design and engineer future electric vehicles.

The central bank in early August discussed a range of unusual tools it could use to help the economy, with some officials pressing for bold new steps to help the economy.

A study conducted by Duke University shows that for those looking to lose belly fat, aerobic exercise is more effective than weight training.

A full night of Gordon Ramsay-generated culinary drama pushed Fox to an overall win on Monday night, while ABC's Bachelor Pad got a slight bump in the ratings, according to preliminary numbers.

Beyonce's pregnancy was finally confirmed at the 2011 MTV VMAs Sunday night, giving Twitter a record-breaking bump and filling her fans with excitement and joy.

When Glen Campbell made a comeback bid in 2008, there was one aspect of his concert appearances that invited audiences' ridicule or alarm -- not his delivery, which was still pitch-perfect, but the fact that his eyes were glued to his Teleprompter for even his most familiar hits. Could he really be afraid he'd forget the words to the chorus of Galveston?

The big worry for Red Hot Chili Peppers fans leading into I'm With You, their 10th album, was whether new guitarist Josh Klinghoffer could possibly measure up to the legacy of departed axeman John Frusciante, who'd been with the Chili Peppers for most of their career and all their most popular recordings.

Nicollette Sheridan hit another setback in her lawsuit against ABC and Desperate Housewives creator Marc Cherry, the Associated Press reports.

Film financier David Bergstein is suing his former attorney Teri Zimon for $50 million, alleging that she helped encourage his creditors to drive him into involuntary bankruptcy.

Those who favor more government spending to fix the economy are neck and neck with those who wish to cut the budget deficit without delay.

Stocks rose on Tuesday, reversing earlier declines sparked by a disappointing consumer confidence report as investors continued to see value in beaten-down prices.

Hewlett-Packard Co may resurrect its TouchPad as it weighs a spinoff of its personal computer arm, the head of its PC division said, suggesting HP might revive a tablet that lasted just six weeks in the face of stiff competition from Apple Inc.

R&B star Chris Brown wowed fans and celebrities at Sunday's MTV Video Music Awards, apparently impressing Lindsay Lohan so much that the 25-year-old actress would flirt-tweet at him.

Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter.

The Federal Reserve considered a range of actions to help a struggling economy at its August meeting, including the unprecedented step of tying the interest rate policy outlook to a specific unemployment level.

Metro-North Railroad to and from New York City resumed full service on its major lines, while some remain indefinitely suspended.

South Africa's economy grew at its slowest pace in almost two years in the second quarter as the manufacturing and mining sectors slumped after strikes, boosting the case for interest rate cuts while denting the government's job-creation hopes.

The biggest impact from QE3 could come from Ben Bernanke announcing it rather than it actually going into effect.

Two top Federal Reserve officials diverged on Tuesday on the need for further action by the central bank to stimulate the flagging economic recovery, underscoring the dilemma faced by Fed Chairman Ben Bernanke.

Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter.

A Food and Drug Administration chemist and his son accused of making millions of dollars with inside information about drug approvals are close to reaching plea agreements, according to court papers.

The arrest of President Obama's uncle,Onyango Obama, is not the first legal issue for a prominent political family.

Air Transport Rating Agency releases top 10 list of world's safest airline carriers.

The world's biggest steelmaker and America's largest coal producer could pay top dollar for Australia's Macarthur Coal , but they are likely to reap a benefit if the surging Asian steel business keeps growing, according to analysts.

Banks in the European Union don't need a huge injection of capital, despite the challenges of the region's sovereign debt crisis, the bloc's banking watchdog said on Tuesday.

Hewlett-Packard Co's personal computer business will retain its position as the world's largest PC manufacturer even after any spinoff, the head of HP's PC business said on Tuesday.