IBT Staff Reporter

Having escaped the Holocaust as boys, two 80-year-old Jewish doctors from the United States have returned to Vienna to swim in the European Maccabi Games and have the last laugh at the Nazis who tormented their youth.

Peabody Energy and ArcelorMittal are likely to succeed with their $5 billion takeover offer for Macarthur Coal , investors bet on Tuesday, driving up shares in the world's biggest producer of pulverized coal by 37 percent.

To date, China has been wary of leaning heavily on interest rate rises to combat inflation. But to tackle what Beijing just called its most prominent economic problem, that's likely to change.

The Apple App store, which is the driving force in Apple’s entire business model in the smartphone market, is seeing a boom, a report by Piper Jaffray’s Gene Munster suggests.

China's bank lending and money growth expanded faster than expected in June as loan demand remained buoyant, adding to the case for further monetary policy tightening.

Will Rupert Murdoch be able to save his Media Conglomerate from the gathering storm of corruption, hacking and political shenanigan charges

President Barack Obama and top lawmakers will meet again on Monday in search of a deal on slashing the budget deficit and raising the $14.3 trillion debt ceiling before the United States defaults.

Apple Inc's chief patent counsel will soon leave the company, according to a source familiar with the situation.

The IMF and its European partners are not yet ready to discuss terms of a second Greek bailout, IMF Managing Director Christine Lagarde said on Monday, urging Athens to do more to deal with its debt crisis.

Two major green shows are exhibiting at this week's Berlin fashion week that ends on Friday. They have recently been bought by Frankfurt Fair, the world's leader in textile and textile-technology, sending strong signals for sustainable products in the fashion sector.

Euro zone finance ministers promised cheaper loans, longer maturities and a more flexible rescue fund to help Greece and other EU debtors in a bid to stop financial contagion engulfing Italy and Spain.

President Barack Obama and congressional leaders, struggling to break an impasse over taxes and spending cuts, will regroup on Tuesday to seek common ground for a deal to avoid a looming debt default.

The Bank of Japan kept monetary policy on hold and revised up its assessment of the economy on Tuesday, encouraged by a rebound in factory output and increasing signs that the recovery from the devastating March earthquake is broadening.

Apple fans may not like to hear this, but the recent patent infringement accusation of Apple against HTC gives rise to the idea that the iPhone maker is scared of Android smartphone makers and the fear is showing.

President Barack Obama and top lawmakers fell short on Monday of finding enough spending cuts for a deal to avoid an August 2 debt default and Republicans came under fresh pressure to agree to tax hikes.

Man vs. Wild, is a survival television series hosted by Bear Grylls on the Discovery Channel.

Apple formally invited developers to start submitting applications for Mac OS X Lion on Monday, indicating the arrival of Lion on the horizon.

Hackers said on Monday they broke into the computer systems of major government contractor Booz Allen Hamilton's.

Shares in the world's No.5 handset maker, HTC Corp, tumbled more than 4 percent on Tuesday, after Apple Inc sued the company in a fresh complaint with a U.S. trade panel.

Last Friday, Janet Johnson, age 39, gave birth to her 16 pound, one ounce son JaMichael Brown at a hospital in East Texas.

What's in a foreskin? According to many experts in the field of sexually transmitted diseases, a lot.

Euro-zone finance ministers said on Monday they are ready to adopt measures to improve the region's capacity to resist contagion, including enhancing the flexibility and the scope of its bailout fund.

A mother named Janet Johnson gave birth to a whopping 16 pounds and one ounce baby in Texas.

High sodium consumption may translate to a high risk for early death, according to a recent study. Here are some foods to avoid.

Alcoa Inc, America's biggest aluminum producer, posted a big jump in second-quarter profit on Monday, matching Wall Street estimates, partly due to soaring prices for the metal and alumina, its raw material.

Google+ (or Google Pus), the social networking site of the search engine giant that launched two weeks ago and got off on a flying start, is expecting to make changes this week while it is still on the Beta phase.

A host of landlords are objecting to the sale process by which Borders Group Inc hopes to auction itself out of bankruptcy, saying the proposed plan would effectively keep landlords from advocating for their interests.

Daniel Radcliffe is not gay, according the young actor's statements in an interview with Larry King last night.

The Bank of Japan is expected keep monetary policy on hold and present a brighter view on the economy on Tuesday, encouraged by a rebound in factory output and increasing signs that the recovery from the devastating March earthquake is broadening.