IBT Staff Reporter

Murdoch gets slapped across the face in the wake of the phone hacking controversy.

Strong company results and hopes for a settlement in the U.S. debt ceiling row boosted global equities on Wednesday while currency markets remained on edge over the euro zone debt crisis.

The war in Afghanistan entered cyberspace on Wednesday when the tech-savvy Taliban said their phones, email and website had been hacked to spread a false report that the movement's spiritual leader, Mullah Omar, was dead.

China pressed the United States to take responsible measures to boost market confidence in the dollar and U.S. government debt on Wednesday, underscoring investor worries that Washington could default on its debt.

Wireless telecom firm T-Mobile USA said it will begin offering unlimited data service plans, in a move aimed at wooing customers of bigger rivals Verizon Wireless and AT&T Inc which had stopped offering such plans.

Asian shares rose on hopes that an 11th-hour deal in U.S. debt talks would avert a rapidly approaching default while blowout results from Apple lifted the tech sector which is likely to extend gains into European trading as well.

A worker fell to his death at Foxconn Technology Group's manufacturing plant in southern China, local media reported on Wednesday, the latest in a series of apparent suicides by young migrant workers at its factory complexes in the past two years.

Samsung Electronics Co launched a thinner and lighter version of its Galaxy tablet in its lucrative home market Wednesday, trying to halt the runaway success of Apple Inc's iPad.

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines helped Asia's beaten-down tech sector gain for a second day.

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines helped Asia's beaten-down tech sector gain for a second day.

The United Auto Workers is talking with a lot of foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.

It looked like it was time for a changing of the guard at News Corp.

U.S. authorities on Tuesday arrested 16 people on charges they participated in major cyber attacks, including an attempt to cripple eBay's PayPal website as retribution for dropping WikiLeaks as a client.

The United Auto Workers is talking with several foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.

American Airlines' board of directors was to vote overnight on an aircraft order potentially worth more than $20 billion and split between Boeing Co and Airbus , sources said on Tuesday.

Twitter Chief Executive Dick Costolo called secondary markets a distraction and expects private companies will increasingly enact policies to restrict the trading of its shares on those unregulated exchanges.

Doubts about the economy and sluggish PC sales are clouding the second-half outlook for Intel Corp and other chip makers as they prepare to unveil quarterly earnings this week.

A Coast Guard rescuer did a good job this morning by finding a Los Altos 62 year-old windsurfer who was reported missing yesterday.

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

Today Wendi Deng Murdoch shielded her husband, the head of News International, from a foam pie attack at his Parliamentary committee hearing today in the United Kingdom.

Blockbuster sales of the iPhone and strong Asian business again helped Apple Inc crush Wall Street's expectations, driving its shares up more than 7 percent to a record high and boosting Asian stocks.

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines Corp helped Asia's beaten-down tech sector gain for a second day.

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines Corp helped Asia's beaten-down tech sector gain for a second day.

Kate Middleton is often compared with Princess Diana in international media -- mostly because of their similarly extravagant taste in fashion. But experts are pointing to another potential connection.

The FBI arrested at least 14 people on Tuesday as part of a wide-ranging investigation of the Internet vigilante hacking group Anonymous, a law enforcement source said.

Chipotle Mexican Grill reported a quarterly profit that missed Wall Street's view as margins were hurt by higher food prices and legal costs related to a federal probe of illegal immigrant hiring.

A federal judge ruled on Tuesday that Toyota Motor Corp lawyers could appeal a previous ruling allowing consumers without sudden-acceleration claims to join litigation before a Santa Ana, California, court.

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

Danielle Doty of Harlingen, Texas, was crowned Miss Teen USA 2011 at the beauty pageant held at the Atlantis Paradise Island and Resort in the Bahamas on Sunday, being the first person from Texas to win the prestigious title since 1996.