IBT Staff Reporter

South Africa's ruling African National Congress on Friday charged controversial youth leader Julius Malema with sowing divisions in its ranks and bringing the party into disrepute.

Oil trading data that exposed the extensive positions speculators held in the run-up to record high prices in 2008 were intentionally leaked by a U.S. senator, sparking broader concern about industry confidentiality as Congress moves on Wall Street reform.

The company's stock is in the tank as it deals with the aftermath of its controversial decision.

Shares in European software makers jumped in a falling market on Friday on hopes they were more likely bid targets after Hewlett-Packard's $11.7 billion bid for British enterprise search-software maker Autonomy.

Technology company Apple is now worth as much as the 32 biggest euro zone banks.

The ink on Google Inc's $12.5 billion plan to buy Motorola Mobility is barely dry, but speculation has already begun about its next deal -- expected by some to be the sale of Motorola's handset business.

After a mysterious disappearance of Utah-native Susan Powell, a 28-year-old mother who went missing in December 2009, a case that has baffled police for nearly two years, a 'first-ever' credible lead may have emerged in Powell's disappearance. ABC News is following the Powell case with live coverage on the air and streaming online.

Singapore billionaire Peter Lim has made a significant investment in UK-based sports car maker McLaren Automotive, the company said.

The U.S. Federal Reserve is keeping an eye on European banks struggling with the continent's debt crisis because of the turbulence in financial markets, one of the central bank's most influential policymakers said on Friday.

Shares of Hewlett-Packard slid 11 percent premarket on Friday, a day after the world's biggest PC maker said it may spin off the business, and cut its outlook, signaling a massive overhaul in the wake of bleak tech spending across the board.

The darkening economic outlook this month has sent investors out of the palladium market in droves, but the coming months of uncertainty are likely to be more of a cooling-off period than an end to their romance with last year's star performer.

German video game consumers unfazed by the threat of economic uncertainty look happy to spend their hard-earned euros on the latest new games as a strong economic performance buoys Europe's biggest economy.

The 22 year old Harry Potter star, Daniel Radcliffe is presumably breaking many hearts with new photos that have spread over the Internet. He a pretty young woman were seen walking hand in hand down the streets of NYC. The girl is said to be Rosanne Coker, also 22, and the daughter of a painter and decorators daughter.

Scientists said Thursday that extraterrestrial environmentalists could become so angry about what we have done to the planet that they may see us a threat to the intergalactic ecosystem -- and take action by attacking Earth.

Billionaire investor Carl Icahn wants all 11 seats on the board of Clorox Co , which last month twice rejected his offers to buy the bleach maker.

Stocks edged higher in early trading on Friday, with miners rising on higher commodity prices and the S&P 500 index finding technical support.

Retail store Abercrombie & Fitch is offering to pay Mike The Situation Sorrentino and the Jersey Shore cast not to wear its products on the show. Apparently, MTV's most popular show has done some significant damage to the A&F image.

German composer Robert Schumann's tale of a fairy-like creature's quest to enter paradise opened an Oriental-themed Edinburgh International Festival this weekend to the acclaim of the critics.

Trial production of the iPad 3 has reportedly begun, with an aim to launch Apple's next-generation iPad tablet in early 2012.Sources familiar with the situation told the Wall Street Journal that Apple has ordered chips, display panels and other key components for the iPad 3. small quantities of components have been shipped for the tablet's sampling.

While Google Inc's acquisition of Motorola Mobility Holdings Inc would clearly be a boon for one top litigation boutique, some other prominent law firms could lose out.

The upcoming iPad 3 is due to arrive in early 2012 and is expected to go into trial production by October.

House prices are skyrocketing in the sun drenched Lebanese capital of Beirut, forcing working families to find affordable housing miles outside of town.

Black researchers and scientists may be significantly less likely to win medical grants, which provide funding from the National Institutes of Health, than white applicants, according to a study published in journal Science, Thursday.

Caroline Gonzalez, an 11-year-old of Forney, Texas, served as Mayor For a Day on Aug. 16. She earned the position after raising money for orphans. During her short time in office, the young girl cleverly decided to use the city's money for a street sign honoring Justin Bieber.

The West Memphis Three, three men that became imprisoned in 1994 for killing three 8-year-old boys in Arkansas could be released today, the victims' relatives told The Associated Press. A possible deal will include a legal maneuver that will allow Damien Echols, Jessie Misskelley, and Jason Baldwin to say that they are innocent and admit that prosecutors like have enough evidence to win, the person related to the case said, CBS News reported.

NASA researchers recently created a complete map of the Arctic ice flow.

Many species are adjusting to the Earth's warming by migrating to higher altitudes and latitudes, a new study by the Department of Biology of the University of York said. Researchers said that species have been rapidly reshuffling, shifting in an effort to adjust to a shifting climate.

Independent Philadelphia grocer Jeff Brown says he has cracked the code for making money in some urban communities that in the past have been shunned by big chains as being too risky to invest in.

Billionaire investor Carl Icahn wants all 11 seats on the board of consumer products maker Clorox Co , which has twice rejected his offers this summer to buy the company.