IBT Staff Reporter

Lowe's Cos Inc reported weaker-than-expected quarterly sales and cut its fiscal-year outlook for the second time in three months as homeowners put off big renovations in an anemic U.S. economy.

Huawei Technologies Co. is all set to sell in the UK its own mobile handsets, which will run on Google's (GOOG) Android operating system.

Russia will showcase its top-of-the-range fighter jets and newest space shuttles at the MAKS airshow, starting on Tuesday, and an ambitious program to upgrade its arms looks set to make Moscow the biggest buyer at its own show.

China's banking regulator on Monday published new rules on banks' capital requirements as part of efforts to implement Basel III guidelines to help lenders rein in risks.

Ahead of the official release of Firefox 6 tomorrow, the code for the latest Mozilla browser is already available.

Many stars including Justin Bieber, Kim Kardashian, Tyra Banks, Victoria Justice, Nick Cannon, Will Ferrell, Kerry Washington, and of course, Demi Lovato came out to the Do Something Awards in LA on Aug. 14. The show was hosted by Jane Lynch from "Glee," and celebrated people under 25 who help out their community and world around them through various social activities. Some of the celebrities were receiving awards in various categories while other were presenters.

The smartphone industry's most recent rumor comes via leaked snapshots of the rumored giant from the HTC camp, the HTC Holiday.

In "an attempt to show those engaging in the censorship what it feels like to be silenced," The hacker collective Anonymous chose Bay Area Rapid Transit (BART) as its latest prey of hacking attacks.

Investor confidence in the United Arab Emirates, the once-high flying Gulf country that crashed during the debt crisis, is at its highest level in 12 months.

A child is highly likely to be autistic if an older sibling suffers from the disorder, says a new U.S. study.

Stock index futures rose on Monday, feeding bullish hopes that the recent selling would ebb after last week's wild swings took the S&P 500 near a one-year low.

Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.

A series of bomb blasts rocked Iraq on Monday, killing at least 170 people and wounding 67. The attacks, which disrupted the otherwise quiet holy month of Ramadan, took place in less than two weeks after the Iraqi government said it would negotiate with the U.S. for keeping some of its troops after the end of the year.

The hacker group Anonymous was in the limelight once again Sunday for attacking Bay Area Rapid Transit and releasing sensitive information of ?at least 2,400? customers, in retaliation of the shutting down of cellular phone service in San Francisco subway stations.

Dell's confusion over tablet format has ended, as it retired its part-tablet and part-smartphone, the 5-inch Dell Streak, in favor of bigger tablets.

Two people were killed and four injured when a small plane crashed near Alaska's Lower Yukon Valley on Saturday evening.

The risk of a credit crunch in southern Europe is rising as banks face stress in their medium- to long-term funding, forcing some to shrink their lending, analysts said on Monday.

World stocks climbed further out of their August hole on Monday, lifted by signs of earlier-than-expected recovery in Japan and a growing belief that shares may now be cheap.

One of the most protracted transfer saga's in football history is finally coming to an after Arsenal and Barcelona confirmed that they have agreed a deal for Spanish midfielder Cesc Fabregas.

The head of Germany's leading export association urged the leaders of Germany and France to agree at a meeting in Paris on Tuesday to issue joint euro zone bonds, an idea that Berlin has strongly opposed until now.

U.S. scientists have discovered a naturally occurring agent which destroys bacteria that causes meat, fish, eggs and dairy products to decompose.

It wasn't altogether convincing performance from the champions, as Manchester United struggled past West Brom to win 2-1 at the Hawthorns.

Video games publisher Electronic Arts is upbeat about Christmas holiday sales as it expects to release top titles and prepares its most high profile launch ever: Star Wars: The Old Republic.

A drawing by Rembrandt, valued at $250,000, was stolen from a Southern California hotel over the weekend.

President Barack Obama has no reprieve from his summer blues. His approval ratings have taken a hit as Americans are deeply concerned about their future amid sluggish economic growth and unemployment rate that remains above 9 percent.

After a number of ugly clashes between the two sides last season, Real Madrid and Barcelona played out a 2-2 thriller in the Spanish Supercopa at the Santiago Bernabeu.

Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.

National Oilwell Varco Inc , the largest U.S. oilfield equipment maker, struck a $1.5 billion deal to supply drilling equipment for seven drillships to Brazil's Estaleiro Atlantico Sul.

Japan's economy contracted at a slower pace than expected in the second quarter as output and exports recovered from the devastating earthquake in March, but a soaring yen and slowing global growth clouds the outlook.