IBT Staff Reporter

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.

Almost two-thirds of U.S. shoppers plan to spend the same or less this back-to-school season as last year, a survey showed, in an early sign that retailers may not obtain a huge boost from the second-biggest selling season of the year.

Google's Gmail is the preferred E-mail domain for professionals.

Isis, a venture of three of the top four U.S. mobile providers, plans to launch mobile payments services with the major payments networks Visa, MasterCard, Discover and American Express.

Apple Inc likely will dazzle investors with another round of strong quarterly results on Tuesday, propelled by demand for its iPhone and the new iPad 2 tablets.

LOS ANGELES - Netflix, the golden child of Wall Street and a beloved brand to tens of thousands of movie lovers, took it on the chin last week.

For young Americans, frugal dressing is in this back-to-school season.

Bookstore chain Barnes & Noble Inc will eventually feel a modest boost from the liquidation of its largest rival, Borders Group Inc, but still faces stiff competition and an industrywide decline in book sales, Wall Street analysts said.

Groundbreaking for homes scaled a six-month high in June, partly reflecting growing demand for rental apartments, a government report showed on Tuesday.

Stocks jumped 1 percent on Tuesday on strong earnings from IBM and Coca-Cola, offsetting investor disappointment in results from big financial firms.

State Street Corp , one of the world's largest recordkeepers for institutional investors, is promising pension and hedge fund managers real-time access to portfolio information on their mobile devices.

A spin-off of Rupert Murdoch's British newspapers is looking more likely as a way of defusing public hostility over his role in the UK media and keeping alive his hopes of eventually buying British Sky Broadcasting .

Check out amazing images of the southern lights from space.

A Manhattan federal judge set a September 15 deadline for Google Inc, authors and publishers to come up with a legal plan to create the world's largest digital library, expressing frustration that the six-year-old dispute has not been resolved.

U.S. housing starts rose more than expected in June to touch a six-month high and permits for future construction unexpectedly increased, a government report showed on Tuesday, likely reflecting growing demand for rental apartments.

Austria's central bank chief said a Greek rescue deal could involve a short-term default without disastrous consequences but, in a rapid about-turn, later insisted on Tuesday that he shared the ECB view on Greece.

Stocks jumped about 1 percent on Tuesday on strong earnings from IBM and Coca-Cola, offsetting investor disappointment in results from big financial firms.

Dong Han is an ideal customer for Mercedes Benz's booming car sales in China. A 27-year-old advertising agent with a double-income household and no children, she's upwardly mobile and highly conscious of style.

Watch Rebecca Black's My Moment.

Goldman Sachs Group Inc rattled investors with earnings that fell far short of expectations because of sharp declines in bond trading revenue, long a key source of profits for the investment bank.