IBT Staff Reporter

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.

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 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.

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.

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.

The S&P 500 stock index on Friday was likely to extend its 4.5 percent decline of the previous session as concerns mount the U.S. economy may slip back into recession.

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.

An exploding monetary indicator suggests that there could be a flight from European banks into America.

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.

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, 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.

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.

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.

Groupon Inc will track customers’ location, even if users don’t have Groupon app in their phone, the company said in response to Congressional questions about policies.

Chelsea manager Roman Abramovich is set to splash cash to the tune of £60 million for Tottenham midfielder Luka Modric and Valencia winger Juan Mata, according to a report in The Daily Mail.

Switzerland's biggest bank UBS said on Friday it had not made use of the Federal Reserve's swap facility via the Swiss National Bank.

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.

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.

Apple's App Store has opened a new realm for ingenious entrepreneurs looking to cash in on iPhone, iPad and iPod touch ubiquity.

A. Chandra Shekhar, the CEO of a small alternative energy solutions firm at the heart of India's much-vaunted boom story, should be rolling in orders and expanding his business on the coat-tails of near double-digit economic growth.

Volkswagen increased vehicle sales in July sharply and said it remained on track for further growth, signaling that economic weakness has so far not had a material impact on its business.

China will skip next week's annual conference of central bankers in Jackson Hole, Wyoming, two sources familiar with the situation told Reuters on Friday.

China will skip next week's annual conference of central bankers in Jackson Hole, Wyoming, two sources familiar with the situation told Reuters on Friday.

Shares in European software makers jumped amid 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.

U.S. stock index futures pointed to a sharply weaker open for equities on Wall Street on Friday, a day after the Nasdaq <.IXIC> ended more than 5 percent lower and the S&P 500 <.SPX> slipped 4.5 percent on rising recession fears.

Stock index futures pointed to a sharply weaker open for equities on Wall Street on Friday, a day after the Nasdaq ended more than 5 percent lower and the S&P 500 slipped 4.5 percent on rising recession fears.

European Central Bank policymaker Juergen Stark dismissed the idea of common euro zone bonds being a solution to the currency bloc's debt crisis and said leaving interest rates too low for too long was risky.

The 39th annual Annie Awards, a celebrated but controversial prize in the world of animation, announced its call for entries on Thursday -- and in a major change from last year, TheWrap has learned that Disney/Pixar will be among the companies submitting entries.

The company behind what is expected to one day be the world's largest solar power plant on Thursday said the California project will use photovoltaic technology instead of solar thermal power because of the dramatic drop in the price of solar panels.