IBT Staff Reporter

A downgrade to the U.S. sovereign credit rating could open up a new world of pain for the dollar.

A badly injured sea turtle that underwent a year of rehabilitation and innovative surgeries was released Wednesday by caretakers hoping he finds a mate and helps his endangered species prosper.

Two former top officials at the Federal Reserve conditionally endorsed a further round of bond buying by the U.S. central bank to spur a flagging economic recovery, the Wall Street Journal said on Wednesday.

As Brazil watches much of the so-called rich world struggle with debt crises, it can take some solace in the likelihood that its growing ties with China should shield it from the worst aftershocks.

Superman may be a hero, but Clark Kent still answers to Perry White. The newest film to enter the Superman franchise, "Man of Steel," has gained its White in the form of Laurence Fishburne.

An initial public offering of shares in Chrysler Group LLC is unlikely in 2012, Sergio Marchionne, the chief executive of both Chrysler and its controlling shareholder Fiat SpA , said on Wednesday.

MasterCard Inc said second-quarter profit jumped 33 percent, as inflation in the United States lifted spending volume and more international consumers used debit and credit cards.

Earth once might have had two moons, according to researchers.

The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February 2010 and the number of jobs created by the private sector also slowed, reports showed on Wednesday.

Private equity firm KKR & Co reported lower-than-expected second-quarter earnings on Wednesday as investment income declined and the value of its investments rose less than the previous year, sending its shares lower.

Britain's electronic spy agency told Reuters on Wednesday a report disclosing unprecedented cyber raids demonstrated the need for an international shared understanding of acceptable online activity that could boost trade and social development.

South Africa has agreed to a 2.5 billion rand bailout for Swaziland to help it through a budget crunch that had prompted unprecedented protests against Africa's last absolute monarch, officials said on Wednesday.

Best Buy is offering a Google Nexus S phone with a two-year contract today.

Indian conglomerate Essar plans to spend up to $4 billion constructing a plant to process iron ore from Zimbabwe's Mwanesi resource within the next five years, Industry and Commerce Minister Welshman Ncube said on Wednesday.

South African government bonds rallied sharply on Wednesday and the yield on the benchmark note fell to 9-month lows as a gloomy global economic climate cast a shadow on the domestic outlook.

Tips on how you and your family can get back to the basics and break your digital addiction. Do think you can do it?

The 1m-wide spherical tank was found in Lake Nacogdoches, near the Texas town of the same name where much of the debris initially fell. The tank was part of the ill-fated orbiter's electrical power system and contained liquid hydrogen or oxygen.

Moody's Investors Service said it may cut its ratings on Bank of New York Mellon Corp and JPMorgan Chase & Co over the next 18 months, saying the banks might get less U.S. government support in the future.

Garmin forecast a grim year ahead as it grapples with the relentless decline of its once popular personal navigation devices and looks for ways to make them more appealing to customers, who are favoring free navigation apps on their smartphones and tablets.

Service sector growth slowed in July but stayed above a level indicative of growth, the Institute for Supply Management said on Wednesday.

Casey Anthony's defense attorneys are fighting a judge's order requiring her to return to Florida and serve a year of probation for a check fraud conviction. Anthony's attorneys said that she would be in "great peril" if she were to return.

Britain said Wednesday it will introduce a digital exchange where licenses for copyright works may be bought and sold, as part of a revamp of its 300-year-old copyright laws.

With financial markets in turmoil and economic growth slowing, policymakers around the world may once again be forced to cooperate to try to head off a crisis, as they did successfully in 2008-2009. But this time, they have fewer good options.

Dunkin' Brands Group Inc said on Wednesday its franchisees are raising prices at Dunkin' Donuts and Baskin-Robbins stores to help cover the higher costs of key ingredients such as coffee and milk.

The Shady RAT Operation is nothing shocking from what one security expert sees.

The European Union acknowledged on Wednesday that investors now doubt whether the euro zone can overcome its debt crisis and Italy's Silvio Berlusconi called for more action to ward off market attacks.

A new study is suggesting that Earth had two moons that crashed and formed one. Computer simulations are hinting that a second moon flattened itselt to the bigger moon, and this theory could explain why the two sides of the moon are so different from each other.

Research In Motion went on the offensive on Wednesday, unveiling two new and powerful versions of its touchscreen BlackBerry Torch, including an all-touch model, as it seeks to regain ground lost to Apple and Google.

Private equity firm KKR & Co reported lower-than-expected second-quarter earnings on Wednesday as investment income declined, sending its shares down 4.5 in early trading.