IBT Staff Reporter

Bank of America Corp posted a second quarter loss, after taking more than $20 billion of mortgage-linked charges.

Stocks rose about 1 percent on Tuesday as a strong quarterly report from IBM and a surge in housing starts sparked investor optimism a day after a selloff.

There is not even a chance we will do one day in jail, Danielle Chiesi declared early last year in an interview with Reuters.

A study, “Let My Fingers Do the Talking: Sexting and Infidelity in Cyberspace,” by Dr. Diane Kholos Wysocki found that women are more likely to punch their own buttons - on a cell phone that is. The study, conducted in 2009, showed roughly two-thirds of the women surveyed were more likely to send nude photographs or sexually explicit text messages than about half the men surveyed.

Bank of America Corp reported an $8.8 billion second-quarter loss, its worst ever, and posted a drop in lending margins as low interest rates weigh on the largest U.S. bank.

Google+ apparently thought he was a fake

Rupert Murdoch's British newspaper group told staff to change their passwords and tighten security, sources said on Tuesday, after hackers attacked the website of his tabloid The Sun.

A fast-growing number of software applications offers doctors the chance to view X-rays or monitor heart rates from iPads or smartphones, prompting U.S. health officials on Tuesday to propose government oversight for some of the more complex health apps.

Manchester United manager Sir Alex Ferguson will look to sign Santos midfielder Ganso as a replacement for the retired Paul Scholes, after he recently played down reports linking him to signing Inter Milan midfielder Wesley Sneijder.

State Street Corp and Bank of New York Mellon , two of the world's biggest custody banks, each reported stronger second-quarter earnings as new demand for their products boosted revenue.

Stock index futures pointed to a higher open on Tuesday after a strong quarterly report from IBM and a surge in housing starts, sparking investor optimism a day after a selloff.

Nokia, the largest phone maker by volume, probably fell into the red in the second quarter and is not expected to recover for a few more as its aging models keep losing market share.

It seems being a Candie's girl is actually a lot of fun for the stars. Thnx, @BritneySpears, you're a tough act to follow, Hudgens posted via Twitter. But, I'm so excited to be the new Candie's girl for 2011!! - xo, Vanessa. Photos have been released of the 22 year old star in lingerie, floral dresses, and other glammed out accessories. Ever since I saw Fergie do the ads for Candie's I fell in love, Hudgens said in a promo interview. It's such an hon...

It seems being a Candie's girl is actually a lot of fun for the stars. Thnx, @BritneySpears, you're a tough act to follow, Hudgens posted via Twitter. But, I'm so excited to be the new Candie's girl for 2011!! - xo, Vanessa. Photos have been released of the 22 year old star in lingerie, floral dresses, and other glammed out accessories. Ever since I saw Fergie do the ads for Candie's I fell in love, Hudgens said in a promo interview. It's such an hon...

Stock index futures rose on Tuesday as IBM rallied after its quarterly results, though indexes were slightly off their early highs following a weak report from Goldman Sachs.

Goldman Sachs Group Inc's second-quarter net income missed market expectations by a wide margin as the investment bank's fixed income trading revenues dropped sharply.

Renting may be a cheaper option for college students and parents in a time of tight finances, with college tuition and expenses a burden for many families. Amazon.com launched Kindle textbook rentals, promising tens of thousands of textbooks at discounts of as much as 80 percent less than purchase price on Monday.

News Corp independent directors are fully behind Rupert Murdoch, a board member told Reuters on Monday, as his iron grip on his vast media empire came under question because of the hacking scandal that already has consumed his London newspaper company.

Goldman Sachs Group Inc's net income rose during the second quarter but fell short of lowered market expectations as fixed income trading revenue dropped sharply.

With the growing momentum in the smartphone market, Nokia is pushed to slash the price of its handset by 10 percent in Q4 of 2011 to boost its sales globally.

Brangelina wedding up on the cards?

State Street Corp , the world's third-largest institutional investor, reported on Tuesday stronger second quarter earnings as increased demand for its record keeping and investment services boosted revenue.

A rescue package for Greece could involve a short-term default without disastrous repercussions for the euro zone, Austria's central bank governor said, the first sign of a crack in the European Central Bank's hard line.

Chelsea have signed Thibaut Courtois and are reportedly interested in capturing Arturo Vidal, but will face a challenge to sign Romelu Lukaku from Manchester City and Arsenal.

A tax on euro zone banks and cheaper, longer-dated official loans are the least risky way to provide extra funding for debt-stricken Greece, a confidential paper drafted ahead of a European summit showed on Tuesday.

Stock index futures rose on Tuesday, indicating a rebound from a selloff in the previous session as strong results from IBM encouraged investors worried about macroeconomic uncertainties.

An FCC filing from HTC reveals that the rumored 10-inch Puccini tablet will be coming on AT&T 4G network.

Has the new man in Elin's life been with Rachel as well?

The infamous LulzSec members have emerged once again and this time the victim is the website of The Sun, the UK's best-selling daily newspaper owned by Rupert Murdoch’s News International.