IBT Staff Reporter

Several Apple Inc board members have discussed a successor to CEO Steve Jobs since the Silicon Valley icon went on medical leave in January, and have discussed it with at least one head of a high-profile tech company, the Wall Street Journal reported on Tuesday.

A House committee will race to clean up new rules on swaps before they take effect, the panel's chairman said on Tuesday, warning the rules will harm small and medium-size businesses.

Goldman Sachs on Tuesday blamed its commodities trading desk for much of the massive drop in trading profits in the second quarter, even after its own analysts correctly called for a pull-back in prices.

Goldman Sachs blamed its commodities trading desk for much of the massive drop in trading profits in the second quarter, even after its own analysts correctly called for a pull-back in prices.

Scrambling to rescue a potential $20 billion plane order from American Airlines, Boeing Co has offered to put a new engine on its current version of the 737, retreating from an ambitious plan to completely redesign its best-selling aircraft, sources said on Tuesday.

Baidu Inc, China's largest search engine, has agreed with top music studios to distribute licensed songs through its mp3 search service, ending a legal dispute over accusations the company encouraged piracy.

Apple Inc posted quarterly revenue that once again blew past analyst expectations in a quarter fueled by swift sales of iPhones and iPads.

Bank of America Corp reported a record quarterly loss of $8.8 billion as persistent mortgage problems and low interest rates squeezed revenue at the largest U.S. bank.

The FBI raided six locations in New York and conducted searches in California on Tuesday as part of an investigation of the Internet vigilante hacking group Anonymous, agency officials said.

Stocks recorded their best day since March on Tuesday after strong corporate results and renewed hope for an agreement in Washington on thorny budget issues boosted investor confidence.

Goldman Sachs' anemic second-quarter results on Tuesday rattled investors and cast a pall on its reputation as Wall Street's trading powerhouse.

Pittsburgh Steelers running back Rashard Mendenhall is suing Hanesbrands Inc. for terminating an endorsement deal after the football player posted controversial messages on Twitter following the death of Osama bin Laden, his attorney said on Tuesday.

Songify App for iPhone may overtake 'Owling' and 'Planking' as the newest Internet meme.

Baidu Inc, China's largest search engine, has signed an agreement with top music studios to distribute licensed songs through its mp3 search service, ending years of legal dispute over accusations that the company encouraged piracy.

New claims are emerging that Nordegren's new billionaire boyfriend Jamie Dingman also allegedly slept with Tiger's infamous mistress Rachel Uchitel - a claim that has infuriated Elin.

The unveiling of the Spaceport America brand brings to light the visionary project which took many years to complete.

As the space shuttle era ends, what's next for space exploration? How about private citizens in space.

Apple Inc's quarterly revenue smashed Wall Street expectations for at least the 9th straight quarter, driven by blockbuster sales of its hot iPhones and iPads.

Hate crime victim Rais Bhuiyan is suing Texan Governor Rick Perry to halt the execution tomorrow of the man who almost took his life.

German Chancellor Angela Merkel, Europe's reluctant paymaster, doused expectations of any comprehensive solution to Greece's debt crisis at an emergency euro zone summit on Thursday.

Stocks recorded their best day since March on Tuesday after strong corporate results and renewed hope for an agreement in Washington on thorny budget issues boosted investor confidence.

Reports are saying that Casey Anthony, the acquitted murder suspect of 2-year-old daughter, could be in Southern California just days after her release from jail in Florida.

Apple might slowly phase out its entry level white polycarbonate Macbook this year, according a report by AppleInsider

The Canadian government will not review the purchase of patents belonging to bankrupt Nortel Networks by a group that includes Apple Inc, Microsoft Corp and Research In Motion Ltd, the industry minister said on Tuesday.

Lady Gaga angered handicapped advocacy groups by performing in a mermaid suit in a wheelchair at a recent concert in Sydney. But it wasn't Gaga who first conceived of a wheelchair-bound fish-woman.

Rory McIlroy, the 22-year-old golfer who captured the US Open title last month, and is said to be in a close friendship with the No. 1-ranked tennis player in the world, Caroline Wozniacki of Denmark.

The FBI Tuesday raided three homes in New York for computers suspected of being used by members of the Internet vigilante hacking group Anonymous, an agency spokesman said.

Norway's Telenor and Britain's Vodafone are expected to outshine their European telecom peers as the sector struggles with weak economies and forced price cuts.

Even if recent sales figures suggest otherwise, the future of 3D is not just in the movie theater but at home as well.