IBT Staff Reporter

Customers at an Apple Store in the Chinese city of Kunming berated staff and demanded refunds on Friday after the shop was revealed to be an elaborate fake, sparking a media and Internet frenzy.

The explosion damaged Prime Minister Jens Stoltenberg's office, causing most of his office windows to break. At least eight people were hurt or injured and at least one person was killed, according to the local media NRK.

A U.S. appeals court has rejected a new Securities and Exchange Commission rule designed to make it easier for shareholders to nominate directors to corporate boards.

General Electric Co reported a 21.6 percent rise in profit, topping estimates, boosted by strong demand outside the United States for its heavy equipment including jet engines and electric turbines.

General Electric Co notched a better-than-expected 21.6 percent rise in earnings, helped by strong demand for jet engines as well as equipment used in oil and natural gas production.

Google Doodle is a celebration of Alexander Calder and HTML5.

It's this time of the year again. We just want to scurry to the rivers and jump right in. But not so soon this time. New York City warned people to stay out of the Hudson and Harlem Rivers on one of the hottest weekends of the year after millions of gallons of untreated sewage discharged from Manhattan into the waterways because of a four-alarm fire that shut down one of the city's largest sewage treatment plants.

Justin Timberlake joins the Twilight cast at Comic-Con 2011.

Heavy machinery maker Caterpillar Inc disappointed Wall Street with a second-quarter earnings miss on Friday, hurt by higher costs for raw materials and labor, and its shares fell 6.5 percent in morning trading, dragging down the U.S. stock market.

Verizon Communications failed to gain market share against AT&T Inc in iPhone sales in its first full quarter selling Apple Inc's device, sending shares down as much as 3 percent.

It's only the beginning, shockingly, for this summer's heat wave, which weather officials say will get worse in August, and state heat advisories can't keep up with the sizzling path across the country with heat indexes over 100 degrees in many places.

Verizon Communications failed to gain market share against AT&T Inc in iPhone sales in its first full quarter selling Apple Inc's device, sending shares down as much as 3 percent.

Apple's star device iPad is the undisputed leader in the consumer segment of the tablet market and is now on the roll to capture the enterprise tablet segment as well.

Verizon didn't add as many iPhones as AT&T but did well financially in the second quarter regardless.

An American blogger who stumbled upon a near flawless fake Apple Store in China has become an Internet sensation after her post went viral and triggered a feisty debate about piracy in the world's second largest economy.

McDonald's Corp reported a higher-than-expected quarterly profit on Friday as its low-price focus helped drive strong sales in Europe and the United States.

Stocks were little changed on Friday as a profit miss from Caterpillar and disappointing sales from Microsoft offset strong earnings from GE and McDonald's and a new deal to help Greece.

So strong is the appeal of the Apple brand in China, some Chinese are willing to sell a kidney to pay for its gadgets.

Manchester United striker Wayne Rooney scored a hat-trick within 21 minutes against Seattle Sounders, after which he spoke of emulating Barcelona star Lionel Messi.

A fake Apple store in China, made famous by a blog that said even the staff working there didn't realize it was a bogus outlet, is probably the most audacious example to date of the risks Western companies face in the booming Chinese market.

Stock index futures pointed to a lower open on Friday as a profit miss from Caterpillar and disappointing sales from Microsoft overshadowed strong profits from GE and McDonald's and a new deal to help Greece.

Xerox Corp raised its earnings forecast, indicating that its focus on providing corporate clients with more than just printers and copiers was starting to pay off.

Stock index futures were little changed on Friday as Caterpillar's profit missed estimates, offsetting a strong report from GE and an agreement on a Greece rescue package.

The American sitcom, Hot in Cleveland aired in TV land, starring Valerie Berlinelli, Jane Leeves, Wendy Malick and Betty White had its third season's highest viewers according to their PR release with a total recorded 2.4 million viewers on Wednesday 10 pm.

Apple Inc is in early talks to join the bidding for Hulu, the online video site that Walt Disney Co, News Corp and its other owners have put up for sale, Bloomberg cited two unidentified sources as saying.

Chelsea have been reportedly preparing a third and final bid, around the region of £35 million for Modric, while they close in Barcelona youngster Romeu.

McDonald's Corp reported quarterly profit that topped analysts' expectations on strength in the Europe and the United States, and shares rose more than 2 percent.

Stock index futures were little changed on Friday as Caterpillar's profit missed estimates, offsetting a strong report from GE and an agreement on a Greece rescue package.

Uncertainty is proving a two-edged sword for CME Group Inc .