IBT Staff Reporter

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

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.

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.

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.

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

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.

Danielle Doty, an eighteen year old beauty from Harlingen, Texas, became the second Texan to win Miss Teen USA beauty contestby winning the 2011 edition held at the Atlantis Paradise Island and Resort in the Bahamas on Sunday.

A La Mesa, Calif.-based man's conviction of making threats against then-presidential candidate Barack Obama was reversed by the U.S. 9th Circuit Court of Appeals on Tuesday.

Carlos Beltran, the New York Mets outfielder, could be traded soon to the Philadelphia Phillies.

Wireless chip maker Qualcomm Inc's third-quarter profit was better than expected and the company raised its guidance for the current quarter due to strong demand for smartphones.

Six Republican White House hopefuls unleashed a torrent of 140-character policy pronouncements on jobs, government debt and the Tea Party on Wednesday during the first presidential debate on Twitter.

ASEAN countries and China say that meetings at a recent ASEAN forum resulted in the establishment of more specific guidelines on how to deal with the South China Sea dispute that has mounted over the past few months.

EBay Inc's PayPal business has become one of the largest online payment systems, but its now heading offline, Chief Executive John Donahoe said in the wake of the e-commerce company's quarterly results on Wednesday.

Dell Inc's deal on Wednesday to buy Force10 Networks will give the world's second-largest computer maker inroads into Cisco Systems Inc's turf -- networking.

Since supercouple, Jennifer Lopez and Marc Anthony announced their split last Friday, they have been spotlighted by many media outlets on what went wrong and what will happen next.

Marijuana legalization across the United States is not too far off, according to one legalization advocate.

Intel Corp's quarterly results and revenue forecast trumped Wall Street's expectations but its stock gave ground as investors continued to question the strength of the PC market.

Amazon.com Inc has licensed thousands of television shows from CBS Corp to help the largest Internet retailer compete with DVD rental and video streaming company Netflix Inc.

Rates for cybersecurity insurance edged lower in the last few months despite surging demand, as heavy competition brewed among insurers rushing into the market in search of the next profitable product, insurance brokers Marsh said on Wednesday.

EU leaders must find a convincing solution to Greece's debt crisis at a summit on Thursday or the global economy will pay the price, the head of the European Commission said in an unusually somber warning.

Wireless chip maker Qualcomm Inc posted an increase in fiscal third-quarter profit and revenue helped by strong demand for smartphones.

Apple Inc shares flirted with a record $400 on Wednesday, a day after the world's most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades.

Intel Corp trimmed its forecast for 2011 personal computer unit sales, warning of softness in mature markets and sending its shares more than 1 percent lower.

New software for screening travelers at U.S. airports will do away with naked images, addressing a major public concern, the Transportation Security Administration said on Wednesday.

A new study shows how the moon cycle determines when a lion will attack a human.

Sales of previously owned U.S. homes hit a seven-month low in June as demand for condominiums fell and contract cancellations surged, dampening hopes the distressed housing market was starting to improve.

Seventeen people were indicted on Wednesday on charges of running a high-end prostitution ring that catered to Wall Street clients who often spent more than $10,000 in a night, authorities said.

EBay Inc on Wednesday reported that its second-quarter results were dented by acquisition costs, and the e-commerce company forecast third-quarter profit just below analyst forecasts, sending shares 1 percent lower.

Wendi Deng Murdoch, age 43, has two daughters-- Grace Helen Murdoch and Chloe Murdoch-with international media mogul Rupert Murdoch.