IBT Staff Reporter

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Tour de France (Live Coverage - Stage 14)

The Tour de France moves into the third day of the Pyrenees and another battle for the GC contenders. Stage 14 has five categorized climb before a final Hors category climb to Plateau de Beille for the finish.

Obama, GOP trade demands for debt plan

President Barack Obama and Republicans traded demands for a serious deficit plan on Friday, as an acrimonious stalemate deepened in negotiations to avert a looming U.S. government default.

Murdoch apologizes over scandal; two execs quit

Rupert Murdoch apologized to victims of criminal phone hacking by one of his tabloids and accepted the resignations of News Corp's top two newspaper executives, Rebekah Brooks and Les Hinton.

Cup-ing is the New Cone-ing?

Bizarre fads such as cone-ing, planking, and owling are blazing the internet. Now videos are popping up on Youtube claiming that Cup-ing is the new cone-ing.

U.S., Romania arrest more than 100 for cyber scams

U.S. and Romanian police have arrested more than 100 people in a year-long effort to stop Internet fraud schemes that have cost Americans more than $100 million, the U.S. Justice Department said on Friday.

S&P threatens downgrade of U.S. financial companies

Standard & Poor's on Friday raised the pressure on debt negotiators in Washington, saying it could downgrade insurers, securities clearinghouses, mortgage agencies and a laundry list of other firms without a deal soon to lift the debt ceiling and cut the deficit.

Obama, Republicans trade demands for debt plan

President Barack Obama and Republicans traded demands for a serious deficit plan on Friday, as an acrimonious stalemate deepened in negotiations to avert a looming U.S. government default.

Ex-trader pleads innocent to Ponzi scheme charges

A former currency trader extradited from Peru pleaded not guilty in U.S. District Court on Friday to criminal fraud charges stemming from a Ponzi scheme that prosecutors said lured some 400 investors into losing at least $5 million.

Hoover, Dirt Devil owner up for sale: report

TTI Floor Care North America Inc, the owner of the Hoover and Dirt Devil vacuum cleaner brands, has put itself up for sale and is seeking as much as $900 million, the Wall Street Journal reported on Friday.

U.S. weighs Credit Suisse tax evasion charges-sources

Authorities are considering indicting Swiss bank Credit Suisse over its role in providing offshore private banking services that enabled scores of wealthy Americans to evade taxes, according to current and former senior government sources briefed on the matter.

Google scores a plus as investors toast results

Shares of Google Inc surged 14 percent on Friday, a day after blockbuster results and early signs of success in newer initiatives revived hopes that the Internet giant is getting back on the growth track.

Warriors Rumors: Stephen Curry to play basketball in China

The ongoing NBA lockout has gone on for more than two weeks now, and players around the league are considering playing overseas while the labor dispute continues. Golden State Warriors star point guard Stephen Curry could be one of those players, playing basketball in China.

Murdoch says sorry over hacking, Brooks quits

Rupert Murdoch said sorry on Friday to victims of criminal phone hacking by one of his tabloids after confidante Rebekah Brooks quit as head of the British newspaper arm of his News Corp media empire.

Google May be Altering Your Brain: Study

A new study claimed that Google has become a part of everyday life. The study went on to say that the search engine is changing the way we think and what we choose to remember. The rise of Google and social media has not only molded our society into an insecurity-maintaining, cold-hearted machine but has also influenced our memory, which were were previously thought to be rather fixed.

Barclays appeals $4 billion owed to Lehman trustee

Barclays Plc is appealing a judge's ruling that handed the trustee for Lehman Brothers Holdings Inc's brokerage arm about $4 billion related to the rushed purchase of the failed investment bank's North American business.

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