IBT Staff Reporter

Former employees of elite Wall Street firms are triumphing over their previous investment banks in Google Inc's blockbuster $12.5 billion deal to buy Motorola Mobility Holdings Inc.

Aug 15, 2011

Hackers, holiday season sales and casual gaming are expected to be in the spotlight at Gamescom, Europe's biggest video game trade fair, which throws its doors open to visitors this week.

Aug 15, 2011

Google Inc, already the subject of antitrust inquiries, likely opened itself up to more regulatory scrutiny with its proposed $12.5 billion cash acquisition of Motorola Mobility Holdings Inc.

Aug 15, 2011

Advanced economies still have options to provide short-term support for jobs and growth even as they focus on medium-term fiscal consolidation, International Monetary Fund chief Christine Lagarde said.

Aug 15, 2011

Tara Reid, 35, who starred as Vicky Lathum in the movie "American Pie" in 1999, got married on Saturday.

Aug 15, 2011

Allstate Corp on Monday sued Goldman Sachs Group Inc , accusing the Wall Street bank of causing losses by hiding the risks more than $123 million of mortgage securities it bought.

Aug 15, 2011

The hacker group Anonymous is taking on San Francisco's subway system after the Bay Area Rapid Transit turned off cell phone service in stations last week to foil a different protest.

Aug 15, 2011

Google's $12.5 billion bid for Motorola Mobility brought a 9 percent gain for the beaten-down stock of tech rival Research In Motion on Monday as investors calculated what a similarly bulging premium would do for the BlackBerry maker's asking price.

Aug 15, 2011

Starbucks Corp Chief Executive Howard Schultz is winning support for his call to withhold political contributions from U.S. lawmakers until they strike a fair, bipartisan deal on the country's debt, revenue and spending.

Aug 15, 2011

A former chief executive of the Optionable Inc commodities brokerage pleaded guilty for his role in a C$853 million (US$868 million) commodities trading scandal at Bank of Montreal .

Aug 15, 2011

In the patent war over Samsung's Galaxy tablet in Europe, Apple may have released false evidence to the German courts against the Korean firm.

Aug 15, 2011

The risk of a new U.S. recession has risen over the last couple of months, but an outright contraction will most likely be avoided, Atlanta Federal Reserve Bank President Dennis Lockhart said on Monday.

Aug 15, 2011

U.S. banks continue to ease lending standards and most terms on all major non-real estate loans during the past three months, the Federal Reserve reported in its quarterly survey of senior loan officers.

Aug 15, 2011

Hundreds of Verizon workers in red shirts interrupted a nine-day-old strike to place a wreath at a site in suburban New York on Monday morning, where a colleague was fatally injured on a picket line 22 years ago. The union workers began reportedly one of the biggest labor strikes in recent U.S. history on Aug. 7.

Aug 15, 2011

Despite some exterior changes, reported photos hint that the inside of at least one out of 22 imposter Apple stores with familiar wooden tables and Apple-like signage, remain unchanged. A blog that gained international attention for calling out the bogus stores led to the closure of two fake Apple stores by Chinese officials in July.

Aug 15, 2011

Manufacturing in the New York area contracted for the third straight month in August, data showed on Monday, tempering any lingering hopes for a rebound in the U.S. economy in the second half of the year.

Aug 15, 2011

U.S. retail gasoline prices fell 7 cents over the last week to $3.60 a gallon as of Monday, the second consecutive drop this month, the U.S. Energy Department said.

Aug 15, 2011

Wall Street stocks rose for a third day on Monday as investors saw Google's offer for phone maker Motorola Mobility as an excuse to jump back into the market after weeks of sharp selling.

Aug 15, 2011

Bank of America Corp won what could prove a legal victory as eight mortgage securities lawsuits against its Countrywide unit were combined into a single case before a federal judge who has ruled favorably for the bank in the past.

Aug 15, 2011

Wall Street stocks rose for a third day on Monday as investors saw Google's offer for phone maker Motorola Mobility as a signal to jump back into the market after weeks of sharp selling.

Aug 15, 2011

Was the Sugarland stage collapse preventable or was it a fluke accident?

Aug 15, 2011

Shares of InterDigital Inc plunged 23 percent on Monday after Google's $12.5 billion Mobility Holdings buy sparked worries that the search giant may no longer be interested in the company's wireless patents.

Aug 15, 2011

For the first time, the amount of radiation leaked from the Fukushima nuclear meltdown was measured by a team of researchers. And the results show that tiny amounts of radioactive sulfur reached California in the weeks following the meltdown.

Aug 15, 2011

Two studies published Monday suggest re-framing the way medical practitioners look at overweight and obese patients. The studies question the notion that BMI and weight determine health - even when someone is severely obese.

Aug 15, 2011

Stocks rose for a third day on Monday as investors bought shares whose prices have been beaten down in recent weeks and as news of U.S. deals lifted sentiment.

Aug 15, 2011

Mark Sass and his wife Jan decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near historic lows through the first half of 2013.

Aug 15, 2011

A recent report says Apple is going to ship out 26 million iPhone 5 units by the end of the year.

Aug 15, 2011

The latest expansion of an already bloated federal government is a program aimed at putting free mobile telephones into the hands of low-income Americans.

Aug 15, 2011

Shares of InterDigital Inc plunged 23 percent on Monday after Google's $12.5 billion Mobility Holdings buy sparked worries that the search giant may no longer be interested in the company's wireless patents.

Aug 15, 2011