IBT Staff Reporter

JetBlue Airways reported a 19 percent drop in second-quarter profit despite rising revenue as fuel prices battered the low-cost carrier and its rivals in the United States.

Chrysler Group LLC, controlled by Fiat SpA , reported a second-quarter net loss on Tuesday after the U.S. automaker repaid $7.6 billion in loans to the U.S. and Canadian governments.

One theory of time travel has been proven false by Hong Kong scientists.

Lawyers, psychiatrists and police were discussing the mental health of Anders Behring Breivik after the anti-Islam radical admitted to a bombing and shooting spree that killed 76 people. More than 100,000 Norwegians attended a rally in Oslo on Monday, many carrying white and red roses in mourning.

American Apparel signed a multi-year deal with EBay Inc for an online store, as the retailer continues efforts to turn around its sagging sales, sending its shares up as much as 12 percent before the bell.

Netflix Inc, facing a backlash from customers upset over a price hike, warned its subscriber growth would cool down in the third quarter, and its shares fell 10 percent.

Social games maker Zynga is partnering with Tencent Holdings Ltd, the Chinese Internet company, to launch its first game in mainland China as it tries to find new users by tapping into the $5.8 billion Chinese games market.

Kate Middleton's Canadian and North American tour showed us a more affectionate side to the duchess.

Having added Gervinho and Carl Jenkinsson to the ranks, Arsenal are reportedly planning the capture Wigan Athletic midfielder James McCarthy.

The five-time Grammy winner Amy Winehouse met a sudden death at t

Global sovereign wealth funds are set to hasten investing the billions of dollars of cash holdings they have built up in a rebound from the 2008 financial crisis that has lifted their combined assets to a record.

Switzerland's UBS will slash jobs and review the future of its fixed income business after the underperforming unit hit second-quarter profits and forced it to push back targets.

Consumer confidence edged higher in July as jitters over the outlook eased, though consumers remained gloomy about their current situations, according to a private sector report released on Tuesday.

The head of the World Trade Organization castigated its 153 members on Tuesday for failing to agree a watered-down global trade deal by December, and called for an adult conversation over what to do next.

New single-family home sales unexpectedly fell in June, but a sharp rise in prices and declining supply suggested the market for new houses was starting to stabilize, a government report showed on Tuesday.

Kate Middleton's Canada and U.S. tour proved to be and eventful one for the Duchess of Cambridge, as she exposed the West to her charm and fashion sense.

"We wanted to do something decent and worthy of Michael's musical genius yet something fun and authentic that you would envision Michael attending with excitement and joy surrounded by talent that he respected and loved," stated Chris Hunt, president of Global Live Events who is organizing the concert event. The concert celebration would take place on Oct. 8, but the line up has yet to be announced. "When I was told some of the names of the artists performing I knew it would ...

The funeral of British singer Amy Winehouse was being held Tuesday after an autopsy failed to pinpoint the cause of her death.

Wall Street was set to open little changed on Tuesday as earnings from blue chips like Ford extended optimism about a strong earnings season, but the debt ceiling stalemate kept investors nervous.

The United States edged closer on Tuesday to a devastating default as President Barack Obama's Democrats and their Republican rivals were deadlocked over competing plans to raise the debt ceiling, one week before a deadline to act.

Professional social network LinkedIn took the wraps off a tool that allows jobseekers to apply for open positions by sending their LinkedIn profiles directly to prospective employers.

Taiwan's HTC, which rose from obscure origins making phones for others to become one of the world's top smartphone companies, is facing a test of its mettle as investor faith in its rapid growth wanes in an increasingly competitive market.

Ford Motor Co's quarterly profit beat Wall Street expectations, helped by higher prices and improved sales in North America.

Global sovereign wealth funds are set to hasten investing the billions of dollars of cash holdings they have built up in a rebound from the 2008 financial crisis that has lifted their combined assets to a record.

After a series of report suggested that iPhone 5 will not be released before 2012, a couple of recent reports confirm that the long awaited monster will arrive on the first half of September.

Thought to be what all matter was formed out of and the cause of The Big Bang, the data that researchers are worked up about are a few spikes that may signify the existence of the Higgs Boson particle, aka the "God Particle."

He was unceremoniously dumped in ?62, just before the Beatles gained fame

Here are some photos of Katy Perry's latest photoshoot with her new blond hair.

Hershey Co reported higher-than-expected quarterly results and raised its full-year outlook, showing that consumers are willing to pay more to satisfy their sweet tooth even in a weak economy.