IBT Staff Reporter

Philips posted a surprise 1.3 billion euro ($1.8 billion) quarterly net loss, just weeks after profit warnings at two key divisions, due to weak consumer demand in Europe and the United States.

The result of an erroneous price marked on the new Apple iPad 2 sent bargain shoppers running to Sears.com to purchase the shockingly priced item. Sears' online deal of $69 for the iPad 2 seemed too good to be true - and it was.

Charles Schwab Corp said quarterly earnings rose 16 percent as asset management fees and interest revenue offset a slowdown in client trading.

If Casey Anthony decides to remake her life, will you ever forgive her?

James Murdoch's future as chairman of British Sky Broadcasting was thrown into doubt on Monday after minority investors called for a corporate governance health-check of its board in the wake of the News Corp phone hacking scandal.

If you have a knack for naming, or, more importantly, if you want a free cruise, help Norwegian Cruise Line name the next two Project Breakaway vessels.

U.S. leadership could be the vital spark needed to revive moribund world trade talks, World Bank President Robert Zoellick said on Monday, decrying as defeatist the mindset of those prepared to see the deal fail.

Stock index futures were lower on Monday as the deadline for a U.S. debt deal neared with no resolution in sight and investors continued to fret over ongoing fiscal problems in Europe.

A volcano in Central Indonesia has forced residents to flee.

Behind the refreshing victories in Women's World Cup, the Japanese team had gone through times of tears and struggles, as the nation was forced to cope with the devastating aftermath of triple disasters in March.

The four astronauts aboard Space Shuttle Atlantis started their ninth gravity-free day with a special message from songstress Beyoncé Knowles, who gave a surprise inspirational message to the astronauts aboard Space Shuttle Atlantis Sunday morning.

Nations thank this world leader for his continued service on his 93rd birthday.

David Cameron defended his handling on Monday of a corruption scandal around Rupert Murdoch's media empire which has swept away Britain's top police chief and raised questions about the prime minister's own future.

Shares in Taiwanese smartphone maker HTC tumbled as much as 6.5 percent on Monday after losing a preliminary ruling in a patent case with Apple Inc, with its announcement of a share buyback failing to stem the fall.

Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government debt to reduce uncertainty among bond holders.

Motorola Droid Bionic Release speculation and rumors.

A recent study, performed on mice, published in the July issue of the Journal of Alzheimer's Disease found that grape seed polyphenols - a natural antioxidant - may help prevent the development or delay the progression of Alzheimer's disease.

Stock index futures slumped on Monday with no deal in sight on raising the U.S. debt ceiling and investors still fretting over ongoing fiscal problems in Europe.

Prior to the Japan match with Germany at the quarter-final on July 9th, Sasaki showed the team a video clip of devastated Fukushima Dai-ichi nuclear power plant, post-tsunami, post-meltdown. When you feel difficult, think of the victims and endure, was the silent message delivered through the video clip.

Pressure on Europe's banks to raise more capital increased on Monday after last week's stress tests revealed their holdings of European sovereign debt, with likely losses on Greek bonds a growing concern.

A company called gScreen, which focuses on specially designed hardware, has created the Spacebook, a laptop that allows users to have two displays running side by side simultaneously, tgdaily.com reported.

More customers than ever will buy tablet computers and smartphones this year, driving consumer electronics revenue to a record high of $190 billion in 2011, according to a new forecast from a leading industry trade group.

Philips flagged a grim outlook after a surprise quarterly loss that was driven by writedowns on recent acquisitions to reflect weak consumer demand in Europe and the United States.

George Clooney, co-founder of ''Not On Our Watch,'' is single again.

Forest Laboratories Inc plans to nominate a 10-person board slate that includes three new members at its shareholder meeting, as the drugmaker fends off a challenge from billionaire investor Carl Icahn.

The world economy should expand steadily this year and next thanks mainly to prospering emerging powers, a Reuters poll showed, but fiscal troubles lurking in Europe and potentially the United States risk blowing this view apart.

By the end of the weekend Harry Potter and the Deathly Hallows Part 2 had reached $168 million in the US! The films unprecedented numbers break records in the US, Canada, and the UK.

Confusion over competing policy proposals reigned among officials and bankers on Monday as Europe struggled to put together a second bailout of Greece and prevent the region's debt crisis from spreading.

Stock index futures slumped on Monday with no deal in sight on raising the U.S. debt ceiling and investors still fretting over ongoing fiscal problems in Europe.