IBT Staff Reporter

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European banks' dollar funding woes feeds worries

Soaring costs for borrowing dollars to fund the daily business of Europe's banks is hitting their shares and feeding worries that the continent's spiraling debt crisis could trigger the next funding crisis for lenders.

Wall Street stocks set to extend fall

Stocks were set to extend the previous session's steep losses on Friday as concerns mount the economy may slip back into recession and European banks could be unable to weather a credit storm.

Kim Kardashian Wedding, Reveals Clothing Line Right Before Big Day [PHOTOS]

The Kardashian family gathered together right before Kim's big day. They launched their new clothing collection for Sears called Kardashian Kollection. Some of the women including, Kim Kardashian, Kendall Jenner, and Kourtney Kardashian wore select outfits from the line. Also, at the unveiling was Kim's fiance Kris Humphries.

R.I.P. Jackie Chan? 'Working Hard' Despite Another Death Hoax

Facebook and Twitter were busy Tuesday night buzzing around a death hoax of Jackie Chan.And it's not the first time we hear the world's most famous martial arts actor may have died. Chan was rumored to be dead in March, and here comes his death hoax of August 2011.

EU Commission: euro zone assessing Finnish-Greek deal

Euro zone member states will have to decide if a deal between Finland and Greece on collateral for financial support to Athens is in line with the agreement on the bailout agreed last month, the European Commission said on Friday.

Big chains and government target food deserts

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.

Insight: The madness of Wall Street

The best thing to be said of the recent stomach-churning turmoil on Wall Street is that it's taking place in August, a time of year when many people are lounging at the beach or camping in the woods and not paying attention to stocks.

Intel to face heat if HP spins off PC business: Nomura

Intel Corp's PC business will face greater pricing pressure following Hewlett-Packard Co's decision to spin off its personal computers business, Nomura said and added that it expects the top chipmaker to miss its third-quarter guidance.

Super rich still making money in crisis

Financial advisers to the world's richest people report some of their top clients have continued to make money throughout recent market turmoil by harnessing sophisticated investments out of reach to mainstream punters.

Demi Lovato on Do Something Awards: 'Super Awesome,' Says Joe Jonas [VIDEO&PHOTOS]

Miss @ddlovato sounded amazing! a fan on Twitter posted. Demi Lovato had a standing ovation at the end of her performance. The entire stadium was clapping and roaring. So proud of you @ddlovato. ?, wrote another fan. Videos on YouTube have comments full of praise for the young star. She sung with all her heart, it even gave some chills. Not only did she sound beautiful, but the words were so powerful, you could not take your eyes off of Lovato.

HK police say arrests alleged HKEx cyber attacker

Hong Kong police said on Friday they had arrested a businessman who allegedly hacked into the news website of the Hong Kong Exchanges and Clearing Ltd , the world's biggest bourse operator by market value.

Russia Plans Luxury Hotel 217 Miles Above Ground

After Sir Richard Branson made the dream of commercial space tours a reality through his Virgin Galactic firm, a Russian firm in a similar vein is planning to launch the world's first space hotel.

Sniffer Dogs can Detect Lung Cancer

Sniffer dogs can detect lung cancer, a disease which does not reveal any symptoms and early detections are a matter of chance, according to a new research published in the European Respiratory Journal.

Economic worries hobble futures

Mounting concern the U.S. economy may slip back into recession hobbled stock index futures on Friday, a day after the S&P 500 lost 4.5 percent.

Greek 2011 GDP fall to be worse than thought: finmin

Greece's economy will shrink by over 4.5 percent this year, the country's finance minister said on Friday, adding that a new bailout deal for the troubled euro zone member would not be completed before mid-October.

HP PC business too big for Asian tech firms to stomach

Hewlett-Packard Co's personal computer business may be too big for Asia's technology companies to swallow whole, but potential suitors are out there should HP decide to break the group into parts, industry sources said on Friday.

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