IBT Staff Reporter

Apple’s CEO, Steve Jobs, one of the greatest entrepreneurs of the time has submitted his resignation to the board of directors on Wednesday.

Ailing Nokia Oyj unveiled two cheap cellphone models inspired by consumer needs in Africa, aiming to strengthen its position against low-cost Asian rivals.

Outback Steakhouse, a Tampa-based dining restaurant chain, launched a promotion Wednesday night, about its unprecedented give away of one million free steak dinners.

U.S. and euro zone governments drowning in debt should look no further than Japan to learn what happens when political deadlock stifles decisive policy-making.

SAN FRANCISCO/SHANGHAI - From San Francisco to Seoul to Sydney, fans of Apple Inc paid tribute to Steve Jobs after he resigned as CEO, calling him an icon for the entire technology industry, not just the company he co-founded.

Commodities trader Glencore International Plc posted a 50 percent rise in headline first-half profit and said it saw opportunities emerging from turbulence in its key markets as commodity demand remains strong.

Samsung Electronics Co reiterated on Thursday it is not interested in buying Hewlett-Packard Co's PC business, shooting down persistent market talk the South Korean firm may snap up the unit to become the world's top PC maker.

Shares of Apple Inc fell more than 4 percent in pre-market trading on Thursday, a day after its iconic CEO Steve Jobs resigned, leaving right-hand man Tim Cook to take on the mantle.

Gold fell more than 1 percent on Thursday, extending the previous session's losses, after the CME Group raised trading margins by the most in over two and a half years to curb volatility in bullion that had surged to dizzying heights.

Ailing Nokia Thursday unveiled two cheap cellphone models inspired by the African markets, aiming to strengthen its position against low-cost Asian rivals.

Samsung Electronics Co reiterated Thursday it is not interested in buying Hewlett-Packard Co's PC business as market speculation failed to dissipate.

A Kentucky jury ruled in favor of the doctor who amputated a portion of a truck driver's penis during a routine circumcision surgery in 2007.

Windows Phone seems to be chasing the app stores of Apple and Android and now holds a gamut of 30,000 apps.

The resignation of Apple Inc CEO Steve Jobs has opened the door for rival Samsung Electronics at a crucial time in the battle for smartphone supremacy in salesrooms and courtrooms around the world.

Diageo , the world's biggest spirits group, set an ambitious 10 percent-plus earnings growth target, when beating forecasts with a 16 percent rise in its full-year earnings that lifted its shares on Thursday.

German consumer sentiment fell slightly going into September, a survey showed on Thursday, hitting a 10-month low as the euro zone debt crisis and fears of another recession in Europe and the United States weighed on consumer expectations.

Steve Jobs' resignation as Apple Inc's chief executive sent shock waves through technology and media circles on Wednesday as executives, engineers and investors spoke of becoming orphans without their Michelangelo.

Stock futures pointed to a mixed open on Wall Street on Thursday, with futures for both the S&P 500 and the Dow Jones rising 0.3 percent and Nasdaq 100 futures down 0.3 percent on news Steve Jobs had stepped down as Apple CEO.

The resignation of Apple Inc CEO Steve Jobs has opened the door for rival Samsung Electronics at a crucial time in the battle for smartphone supremacy in salesrooms and courtrooms around the world.

Billionaire Warren Buffett's Berkshire Hathaway gained EU approval on Thursday for its $9 billion purchase of Lubrizol Corp .

Billionaire Warren Buffett's Berkshire Hathaway gained EU approval on Thursday for its $9 billion purchase of Lubrizol Corp .

Asian shares rose on Thursday, pointing to a positive open in Europe, but caution prevailed as investors awaited the outcome of a central bank symposium in Jackson Hole on Friday.

World stocks edged up from this month's 11-month low on Thursday while gold fell sharply as investors took an optimistic view of how strongly the Federal Reserve will commit to supporting the economy at a gathering this week.

Billionaire Warren Buffet's Berkshire Hathaway gained EU approval on Thursday for its $9 billion purchase of Lubrizol Corp .

Ailing Nokia unveiled on Thursday two cheap cellphone models, aiming to strengthen its position against low-cost Asian rivals.

Steve Jobs resigned as CEO of Apple Inc on Wednesday and passed the reins to his right-hand man Tim Cook, saying he could no longer fulfill the duties in a stunning announcement that raised fears his health has deteriorated further.

The heads of a Congress deficit super committee said on Wednesday most members were reviewing budget-balancing studies of recent years in a sign the panel was unlikely to try to reinvent the wheel.

Samsung Electronics shares rose sharply on Thursday, amid a rally in South Korean large cap stocks and analysts said it received a boost from a Dutch patent ruling and the decision by Apple's Steve Jobs to step down.

The resignation of Apple Inc CEO Steve Jobs has opened the door for rival Samsung Electronics at a crucial time in the battle for smartphone supremacy in salesrooms and courtrooms around the world.