IBT Staff Reporter

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U.S. and China face vast divide on cyber issues

For two years, academic experts from the United States and China have quietly held talks on cyber-security, straining to establish rules of the road in a realm that has proven a persistent irritant between the world's two largest economies.

McDonald's Not On Board With Healthier Options Initiative : We listen to our customers...

McDonald's has undergone major changes since it has been pressured over the years for its super unhealthier but cheap options. Its Happy Meal already meets guidelines for the NRA's initiative as it is only 390 calories (4 piece chicken McNuggets, Apple Dippers with low-fat carmel, and low-fat milk.) Here are some of McDonald's healthier options for children and adults.

Wall Street up as JPMorgan lifts debt gloom

Stocks rose after the open on Thursday as higher profit from JPMorgan offset concern about Moody's threat to downgrade the United States' top credit rating if the federal debt ceiling is not raised.

Phone Hacking: Rupert Murdoch Refuses to Testify to Parliment

Media mogul Rupert Murdoch and his son James Murdoch refused Thursday to appear before a parliamentary committee investigating alleged phone-hacking and bribery done by employees of their British media empire. Whittingdale asked the three to appear in a week, on July 19, a representative told CNN.

German media mogul Leo Kirch dies at age 84

German media tycoon Leo Kirch died on Thursday after years of illness and without ever resolving his protracted battle with Deutsche Bank, one of Germany's most bitter, drawn-out corporate disputes.

India Seeks Access to Google, Skype Communication

Indian government has asked Google Inc, Skype and other social networking sites to comply with the security agencies requirement—to allow their user to services to guard against terrorism and other crimes, a minister said on Wednesday.

Samsung study rejects claims semiconductor plants caused cancers

A study commissioned by Samsung Electronics rejected assertions that employees may have been exposed to carcinogenic chemicals at its plants, as several cancer-stricken former employees of the world's top memory chipmaker seek compensation for their illnesses.

UK police arrest man in phone hacking probe

British police said on Thursday they had arrested another suspect as part of their investigation into phone hacking at the News of the World newspaper, part of Rupert Murdoch's News Corp.

China first-half fiscal surplus at $193 billion

China posted a fiscal surplus of 1.25 trillion yuan ($193.3 billion) in the first half of the year as steady economic growth and rising prices lifted government revenues, the Ministry of Finance said on Thursday.

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