IBT Staff Reporter

Germany and France have ruled out a bank tax after reaching a common position on a second bailout of Greece to prevent the country's debt crisis spreading through Europe, EU sources said on Thursday.

Jul 21, 2011

The euro climbed for a third day on Thursday after news about a France-Germany accord on Greece's debt crisis relieved some concerns ahead of a European summit, while Asian stocks slipped after China manufacturing data contracted for the first time in a year.

Jul 21, 2011

Now a study coming out of Africa is saying that lions are most likely to eat human beings following a full moon.

Jul 21, 2011

Tablets using Microsoft Corp software saw stronger sales than the high-profile Playbook from BlackBerry maker Research In Motion in the second quarter, according to Strategy Analytics.

Jul 21, 2011

Texas inmate Mark Stroman was executed on Wednesday night for hate crimes, making him the seventh person to be executed in the state this year.

Jul 21, 2011

Apple Inc is within sight of catching up with Exxon Mobil as the most valuable company in the world.

Jul 21, 2011

Investors braced for more bleak news from smartphone laggard Nokia Oyj on Thursday with the world's largest handset maker likely to post a second-quarter loss and a weak outlook.

Jul 21, 2011

China's big trading partners worry that its rapid economic growth cannot be sustained and it could suffer a hard landing that spreads damage around the world, according to an IMF report released on Thursday.

Jul 21, 2011

China's factory sector contracted for the first time in a year in July and at its fastest pace since March 2009, a purchasing managers' survey showed on Thursday, as monetary policy tightening and slack global demand weighed on the economy.

Jul 21, 2011

Airbus is savoring a victory that tastes even sweeter to the European company than a $23 billion deal to sell 260 aircraft to American Airlines : it has just forced Boeing to climb down over product strategy.

Jul 21, 2011

Japan's exports rose in June and the pace of annual declines slowed, bringing the trade balance back into surplus as factory output and sales steadily recover from the March 11 earthquake, tsunami and nuclear meltdown.

Jul 21, 2011

Germany and France have reached a common position on a second bailout of Greece in their effort to prevent the country's debt crisis from spreading through Europe, officials said Thursday.

Jul 21, 2011

Web slinging Spiderman is back in the new reboot by director Marc Webb. The Amazing Spider-Man will give fans a new look at the world of Peter Parker as actor Andrew Garfield suits up to fight crime as the latest comic book webslinger. The official trailer hit the web as it presents a darker more serious film compared with former director's Sam Raimi's rendition of the Spider-Man trilogy.

Jul 21, 2011

Microsoft Corp is expected to post a 9 percent increase in fiscal fourth-quarter profit on Thursday, helped by solid sales of its Windows and Office mainstays, but investors may be distracted by evidence of flickering computer sales, which are key to its success.

Jul 21, 2011

The euro climbed a third day on Thursday as a deal between France and Germany over a bailout of Greece raised hopes ahead of a major European summit, though investors barely moved from government bonds and precious metals.

Jul 20, 2011

Google Inc will shut down a website that offered public access to experimental products, the latest step by the company to refocus resources under Chief Executive Larry Page.

Jul 20, 2011

The Amazing Spider-Man trailer released by Sony Pictures has given audiences a taste of what's to come for the web slinging comic book hero reboot. Director Marc Webb has appeared to have given the new Spider-Man film a more serious mood seen in the teaser as compared to previous director Sam Raimi's rendition. The campy styled version has transformed into a darker drama, perhaps following the footsteps of the Batman trilogy leading to Christopher Nolan's reboot of the Dark Knight.

Jul 20, 2011

Qualcomm Inc's improving financial outlook was not enough to impress investors disappointed with its wireless chip shipment target during a quarter when new advanced devices like the next generation Apple Inc iPhone are expected to go on sales.

Jul 20, 2011

American Express Co posted a 31 percent increase in second quarter profits, beating analysts' expectations, as customers spent more on their cards and the company's processing revenue jumped.

Jul 20, 2011

The leaders of Germany and France have reached a joint position on how to address Greece's debt woes ahead of a euro zone summit in Brussels Thursday, Berlin's government spokesman said.

Jul 20, 2011

Levi Aron confession today in court: He gave murdered 8-year-old Brooklyn Boy Leiby Kletzky a cocktail of prescription drugs before he smothered and dismembered him, a medical examiner said in court today.

Jul 20, 2011

Shares of real estate site Zillow Inc skyrocketed in their market debut on Wednesday, the latest to ride a wave of dotcom exuberance while stoking fears of lofty Internet valuations.

Jul 20, 2011

Qualcomm Inc said it will ship fewer cellphone chips than expected this quarter because its customers are shaving product inventories, sending its shares down almost 3 percent as investors worried the move could signal weakening demand due to an economic slowdown.

Jul 20, 2011

The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the country's elevated inflation rate may peak within the next month or two.

Jul 20, 2011

Microblogging service Twitter is working on an $800 million funding deal that values the company at $8 billion, the website All Things D reported.

Jul 20, 2011

Tuesday at Yosemite National Park, warning signs, a barricade, and people's urging voices were all ignored before all three hikers playing in Vernal Fall were swept over the 317-foot falls.

Jul 20, 2011

Wells Fargo & Co agreed to pay a $85 million civil penalty to the Federal Reserve Board for allegedly steering borrowers into costly subprime mortgages, the largest fine the Fed has ever imposed in a consumer-enforcement case.

Jul 20, 2011

Don Nelson, former head coach of the Golden State Warriors, may interview for the head coaching vacancy of the Minnesota Timberwolves as early as Thursday or Friday of this week, according to the Minneapolis Star-Tribune.

Jul 20, 2011

Who is Wendi Deng? Wendi Deng Murdoch is Rupert Murdoch's wife.

Jul 20, 2011