IBT Staff Reporter

After releasing a ground-up version of its OS for mobiles called Windows Phone 7 in 2010, Microsoft is attempting a second time to capture the turf lost to iPhone and Android devices.

Delta Air Lines reported a lower quarterly profit on Wednesday as fuel expenses topped $1 billion despite rising revenue.

WellPoint Inc posted a second-quarter profit slightly ahead of Wall Street estimates on Wednesday, helped by administrative cost savings, and the health insurer raised its full-year forecast.

Boeing Co on Wednesday reported a larger quarterly profit on a 6 percent increase in revenue.

Stocks were slightly lower on Wednesday as concerns over a possible debt default by the United States continued to weigh on investor sentiment.

Applications for U.S. home mortgages slipped last week after a sharp jump the week before and as interest rates edged up, an industry group said on Wednesday.

Stocks were slightly lower on Wednesday as concerns over a possible debt default by the United States continued to weigh on investor sentiment.

Nasdaq OMX Group said on Wednesday its quarterly income fell 4 percent, still beating expectations, as weaker U.S. and European volumes offset market share gains in U.S. options and stocks.

Contrasting statements by euro zone politicians to domestic audiences have underlined the fragility of last week's deal to rescue Greece and unsettled financial markets already on edge because of the U.S. debt impasse.

German car and truck maker Daimler missed quarterly revenue forecasts and warned strong demand for cars in the key emerging markets of China and India is likely to slow sharply.

A scene from the clip is widely used by scientists to evoke sadness in subjects.

Ander Breivik, the Norway shooter asked his lawyer how many people he killed because he had taken drugs before he did the mass killing, his lawyer revealed.

Car makers showed the impact of the Japan disaster with France's PSA Peugeot Citroen warning 2011 profits would be hit and Japan's Nissan Motor <7201.T> posting a 10 percent profit fall.

Nippon Steel Corp <5401.T>, Japan's top steelmaker, forecast profits to rise this year as a slow global economic rebound bolsters demand, outperforming smaller rival JFE Holdings Inc <5411.T> which expects earnings to dwindle on tough competition in Asia's export markets.

There may be a point at which global investors get indigestion from U.S. money printing.

Drugs and chemicals maker Merck KGaA slashed its profit outlook on sluggish demand for liquid crystals and took hefty one-off charges for a fresh start under its new finance chief.

Stock index futures pointed to a mixed opening on Wall Street on Wednesday, with futures for the S&P 500 up 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.13 percent at 0940 GMT.

When 21-year-old Zhang, an average student in college, got set for the Graduate Record Exam in Beijing this year, she felt so unprepared that she skipped the exam entirely.

Mirko Vucinic is "very close" to signing for Manchester United, according to his agent, while contrasting claims continue to ensue from the club.

Nissan Motor Co <7201.T> reported a smaller-than-expected 10.4 percent decline in quarterly operating profit on Wednesday as it recovered swiftly from a parts shortage that hammered the industry after the March 11 earthquake.

Compilation of the best derrieres in the world

Google?s +1 button is going to get faster along with the page loading, increasing the potential of earning popularity and driving web traffic.

After a slew of angry reaction from the Google+ users, whose accounts have been taken down to fit the company?s ?common name? policy, Google made a public statement explaining its moves.

Nissan Motor Co <7201.T> reported a 10 percent fall in quarterly operating profit on Wednesday as a shortage of parts after the March 11 earthquake peaked during the quarter and slashed vehicle production.

HTC is targeting female mobile phone users with a new smartphone, Bliss, which features a matching tabletop cradle.

The sexy star in Cowboys & Aliens teams up with Daniel Craig and Harrison Ford as they took center stage at the movie's premiere at San Diego's Comic-Con. The smoking hot 27 year old show more than her popping baby blue eyes for the upcoming summer blockbuster. In an interview with Access Hollywood, Wilde talks about her willingness to bare it all on screen.

Luxury owners may want to look into the latest trends in yachts thanks to a company called Yacht Island Design. The designers work the most luxurious and wild ideas into a super yacht.

A PhD student has worked out the most accurate measurements ever, of how fast the universe is expanding.

The latest discovery around Saturn reveals that a moon covered with ice is providing water to the planet, creating a rain-showering halo. The water vapors are visible as tiger-like stripes of gas and ice that escape at the southern pole of the moon and become a main water-source vapor for Saturn's upper atmosphere.