IBT Staff Reporter

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'Angry Birds' Migrates to Baby Products

The Angry Birds will soon fly to your home and become your kids' pal. Rovio, the developer of the smash hit casual game Angry Birds, has signed a new licensing deal with SwaddleDesigns, which specializes in the manufacturing of baby products. This move comes after Rovio's foray into toys paid off.

Bank of America CEO says he regrets Countrywide

Bank of America Corp Chief Executive Brian Moynihan said on Wednesday he often regrets the bank's 2008 purchase of mortgage lender Countrywide, but the loan losses from that deal will not force the bank to issue new shares.

Patients' Own Immune Systems Can Wipe Out Leukemia: Study

Scientists used gene therapy to successfully destroy cancer tumors in patients with advanced disease. University of Pennsylvania researchers engineered patient's own T-cells in order to target a molecule on the surface of leukemia cells.

Perfect rumor storm sends SocGen stock plunging

Shares of Societe Generale plunged as much as 23 percent amid a whirlwind of rumors questioning its financial solidity, before closing 15 percent lower after the French bank denied all speculation about its health.

DARPA to Test Falcon HTV-2, the Fastest Aircraft

The Pentagon will test a super fast, unmanned aircraft that can travel at Mach 20 -twenty times faster than the speed of sound, up to 13,000 miles per hour. The Defense Research Projects Agency (DARPA) will test the Falcon Hypersonic Technology Vehicle 2 (HTV-2) Thursday morning from Vandenberg Air Force in California. A Minotaur IV Lite rocket will lift off with the HTV-2, and release the aircraft after penetrating the atmosphere.

Will UK Riots Threaten 2012 Olympics?

The UK is seeing the worst civil unrest in 30 years just months before the 2012 Summer Olympics in London, but officials are optimistic that the riots will have no effect on the safety or planning of the games.

HTV-2 Is Fast Enough to Travel from New York to LA in 12 Minutes, Pentagon Says

The Defense Research Projects Agency is testing Thursday an unmanned aircraft that can travel faster than the speed of sound, up to 13,000 miles per hour, and send a missile to a target within an hour. If successful, it will be fast enough to travel from coast to coast (between Los Angeles and New York) in just 12 minutes.

S.Africa hit by global turmoil, bond yields driven down

Gloomy comments from South Africa's central bank on the impact of global financial turmoil on the country's capital formation, key to growth, were the backdrop to a fall in bond yields and a volatile day for the rand, which ended down against the dollar.

Ugandan police fire teargas at Besigye's supporters

Ugandan police fired teargas on Wednesday to disperse thousands of supporters of opposition leader Kizza Besigye who had gathered in the town of Masaka in southwest Uganda where he renewed calls for protests against high food and fuel prices.

Apple blocks Samsung's Galaxy tablet in EU

A German court has temporarily barred Samsung Electronics from selling its flagship Galaxy tablet in most of the European Union in a significant victory for market leader Apple Inc.

Smart? Brainy? It's in the Genes

Wonder why some people just happen to be so smart, and it even seems to flow down from generation to generation? Now, a study is saying there is a crucial link that ties intelligence to genes, meaning that one is born with the brains.

Conan O'Brien Does to Lopez what Leno Did to O'Brien

TBS has officially cancelled the "Lopez tonight" and will not continue with its third season. The program airs immediately after the Conan show. This all seems so familiar, as we are reminded of what happened to Conan O'brien's show with NBC and Jay Leno.

Bank of America CEO: new shares are not an option

Bank of America Corp will not turn to new share offerings to boost capital, Chief Executive Brian Moynihan said on Wednesday, in an effort to placate investors angry over a recent 20 percent drop in the company's shares.

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