IBT Staff Reporter

A colorful toad that has not been seen in 87 years was rediscovered in the jungles of Southeast Asia today. The toxic toad, ranked one of Conservation International and the International Union for Conservation of Nature's Amphibian Specialist Group's ten most wanted amphibians, has historically never been photographed.

Jul 14, 2011

UBS AG won review by a Manhattan federal judge of $2.6 billion of lawsuits brought by the trustee liquidating Bernard Madoff's firm, at least the fourth time a bank has obtained access to that court.

Jul 14, 2011

Google Inc's results soundly trounced Wall Street's most bullish expectations, sending its shares up 12 percent and easing concerns that its battle with Facebook and Twitter is costing too much and hindering growth.

Jul 14, 2011

Stocks fell on Thursday as Fed Chairman Ben Bernanke backed off hints additional near-term stimulus could be on the way, removing a possible catalyst from a market already facing plenty of obstacles.

Jul 14, 2011

Levi Aaron's confession was published by NBC New York. It has since taken the Internet by storm.

Jul 14, 2011

ConocoPhillips will spin off its refining arm in a bid to improve investment returns for shareholders, abandoning the bigger-is-better strategy that drove oil giants into mergers.

Jul 14, 2011

The internet and social media have prepared Southern Californians for the Carmageddon countdown. It is just one day before Carmageddon, when a portion of the 405 Freeway from the Hollywood Hills to the 10 Santa Monica Freeway will close for the weekend starting Friday, July 15.

Jul 14, 2011

Republican Senator John McCain called on Wednesday for the creation of a bipartisan panel to draft long-sought legislation to combat data breaches and espionage aimed at U.S. companies and defense networks.

Jul 14, 2011

Levi Aaron's confession has taken the Internet by storm, since it was obtained from police and published by NBC New York.

Jul 14, 2011

New York state's pension fund earned 14.6 percent, rising to $146.5 billion in the 2011 fiscal year that ended on March 31, the state comptroller said on Thursday.

Jul 14, 2011

Google Inc's second quarter net income rose a better-than-expected 36 percent, as stronger sales softened the impact of rising costs at the Internet giant.

Jul 14, 2011

The International Monetary Fund on Thursday called for a greater sense of urgency to address the Greek debt crisis and warned Europe it was taking too long to repair its banking system in the face of growing risks of contagion.

Jul 14, 2011

ConocoPhillips will spin off its refining arm in a bet that each operation will be worth more as separate companies, abandoning the bigger-is-better strategy that had driven oil giants into mergers over the past 15 years.

Jul 14, 2011

A New York state appeals court revived Ambac Financial Group Inc's $1 billion lawsuit against JPMorgan Chase & Co over an investment vehicle that in 2007 and 2008 suffered heavy losses from toxic subprime debt.

Jul 14, 2011

Google Inc's second quarter net income rose a better-than-expected 36 percent, as stronger sales softened the impact of rising costs at the Internet giant.

Jul 14, 2011

According to a new government study in which 5,555 Americans were sampled, coffee and hot tea drinkers have double the advantage over non-drinkers in warding off superbug MRSA in their nostrils.

Jul 14, 2011

Federal Reserve Chairman Ben Bernanke warned on Thursday that overzealous cuts to government spending in the short term could derail a shaky recovery and said a debt default could wreak financial havoc.

Jul 14, 2011

Blockbuster has launched a promotion that offers disgruntled Netflix customers free trials to its movie service after Netflix hiked its subscription fees earlier this week.

Jul 14, 2011

Commercial lender CIT Group Inc said it has given notice that it will prepay $500 million of its $3 billion senior secured first lien term loan on July 15, 2011.

Jul 14, 2011

Leiby Kletzky's murderer Levi Aron made a chilling confession that has taken the Internet by storm, since it was obtained from police and published by NBC New York.

Jul 14, 2011

Food giant Nestle is taking a minority stake in a New Zealand maker of kiwi fruit-based products to prevent and treat constipation, expanding its presence in the field of gastrointestinal diseases.

Jul 14, 2011

Killer Levi Aron was formally charged in a New York court today after he killed a lost Brooklyn boy walking home from day camp. Levi Aron pleaded not guilty to charges of first-degree murder and kidnapping and is being held without bail.

Jul 14, 2011

Amazon will release an Android-powered device with a 9-inch display but no camera by October, according to a Wall Street Journal report Wednesday, citing unnamed sources familiar with the matter. Users would be able to watch videos, listen to music or read books bought from Amazon. But will it kill the Kindle sales?

Jul 14, 2011

The economy may not see a strong pick-up in growth in the second half of 2011 as the number of Americans filing for first-time jobless benefits remained high last week and retail sales barely rose in June.

Jul 14, 2011

People who drink tea or coffee regularly may be less likely to carry the MRSA infection in their nostrils, a new study published in the Annals of Family Medicine revealed today. MRSA, or methicillin-resistant Staphylococcus aureus, a staph infection-causing bacterium that is resistant to common antibiotics, is potentially lethal, causing pneumonia and blood infections.

Jul 14, 2011

Capital One Financial Corp and Wells Fargo are among the bidders for HSBC Holdings Plc's U.S. credit card portfolio, according to sources familiar with the situation.

Jul 14, 2011

Harry Potter and the Deathly Hallows: Part 2 countdown has begun!

Jul 14, 2011

Levi Aron's chilling confession in the grizzly murder of Brooklyn child Leiby Kletzky has taken the Internet by storm, since it was obtained from police and published by NBC New York.

Jul 14, 2011

JPMorgan Chase & Co posted a higher-than-expected second-quarter profit as it wrote off fewer bad mortgages and credit card loans.

Jul 14, 2011