IBT Staff Reporter

New study says people are addicted to the Internet.

The regulator for Fannie Mae and Freddie Mac sued UBS AG to recover more than $900 million of losses after the Swiss bank misled the housing agencies into buying $4.5 billion of risky mortgage debt.

Three top U.S. power companies posted higher-than-expected quarterly earnings on Wednesday, but drew a mixed picture of the nation's economic outlook and demand for electricity

The operator of the Nasdaq Stock Market is under constant attack from would-be hackers and will spend more on security as a result, its top executive said.

ANALYSIS There's no reason to doubt Mozilla. After all, the company is used to being an underdog.

A week after its debut, Mac OS X Lion operating system is already piling up a list of reported vulnerabilities. Days of a virus-free Mac are gone, PCMag.com reported.

MERS, the electronic mortgage registry that faces multiple investigations for its role in thousands of problematic foreclosure cases, changed its rules to lower its profile in court-supervised foreclosures.

Dunkin' Donuts IPO launches and the company is giving away a free lunch on Friday July 29.

McDonald's has decided to make its popular Happy Meals healthier by adding fruit or vegetables to the meal and decreasing the portion of French Fries, the company announced on Tuesday.

A study suggests that some people who complain about the size or shape of their noses have signs of mental illness.

Speculating on Greece defaulting is a sure way to lose money, European Central Bank President Jean-Claude Trichet was quoted as saying in remarks released on Wednesday.

Standard & Poor's on Wednesday cut Greece's sovereign credit rating further into junk territory, lowering it to CC from CCC, saying the European Union's proposed debt restructuring would put the country into "selective default."

Investors punished Juniper Networks by selling its shares after the networking equipment maker joined Cisco Systems Inc in warning that this year's results will miss Wall Street projections.

Wall Street stocks fell on Wednesday as investors dumped technology shares after their recent strong performance and as faltering debt talks kept the market on edge.

Demand for long-lasting U.S. manufactured goods fell in June and economic activity across much of the nation slowed through mid-July, casting doubt over how quickly the economy might escape its soft patch.

'The Real Housewives of Beverly Hills: Season 2' is coming in the 90210 zip code.

A new poll found that support for abortion right is on the rise. The Harris Interactive/HealthDay poll showed that 36 percent of adults feel that women should have the right to choose in "all circumstances." This 13 percent increase reflects a significant increase in approval.

Lately, Norway's been in the news for all the wrong reasons. Here's a look beyond the massacre at the beautiful sites of this Nordic kingdom.

The main opposition party in Canada, stunned by its leader's serious illness, vowed on Wednesday to fight on and dismissed speculation that it could start to break up.

Madonna is taking on a new project in "W.E.", the singer's directorial debut. Madonna is not acting in the film, but will rather co-write the screenplay and direct the film.

American freestyle skier, Jeret ?Speedy? Peterson was found dead outside his car in Lambs Canyon, Utah. He was only 29.

France Telecom's Orange mobile unit is teaming up with Google to offer SMS-based chat in Africa, Orange said in a statement on Wednesday, targeting the fast growth of wireless services on a continent where computers remain scarce.

Chelsea will face Aston Villa in the final of the pre-season Barclays Asia Cup after breezing through against Hong Kong side Kitchee at the Hong Kong Stadium.

Standard & Poor's on Wednesday cut Greece's sovereign credit rating further into junk territory, lowering it to CC from CCC, saying the European Union's proposed debt restructuring would put the country into selective default.

Corporate America's hopes for a second-half pickup in the U.S. economy dimmed on Wednesday, as companies from Emerson Electric Co to Corning Inc warned of weakening demand for everything from industrial equipment to televisions.

A global labor federation plans to bring African unions together to battle the expansion of U.S. retailer Wal-Mart on the continent, a senior group member said on Wednesday.

South Africa's resource-heavy bourse tumbled on Wednesday with gold miners helping to drag the index down as strikes over wages loomed in the sector.

The Kenyan shilling reversed earlier gains and fell for a third straight day against the dollar on Wednesday after the central bank said it had kept its key lending rate at 6.25 percent.

The former Libyan intelligence agent convicted of the 1988 Lockerbie bombing over Scotland made a rare public appearance on Tuesday at a rally in support of Muammar Gaddafi.