IBT Staff Reporter

Motorola’s Droid 3 is now available on Verizon and it boasts of beefy specs, but is this Android powerhouse good enough to become the new iPhone killer?

President Barack Obama and congressional leaders searched on Thursday for ways to break a deadlock over spending and taxes, and there were some glimmers of a potential compromise that would avoid a debt default.

The royals are finally coming to Los Angeles on Friday for a weekend visit.

UBS AG's admission that it may not reach profit goals and that new regulation has changed the game in investment banking is likely to fuel further doubts over its ambitions in fixed income, where it still trails rivals.

Stock index futures pointed to a higher open on Thursday after a sharp rise in private-sector jobs raised expectations of a solid U.S. employment report for June.

ROME, July 7 - International banks, under pressure from European governments to help with another Greek bailout, discussed buying back the country's bonds in another attempt to stitch together a rescue plan after a French initiative failed.

The European Central Bank raised interest rates for the second time in three months on Thursday and signaled a further hike is likely this year to tackle inflation despite the intensifying euro zone debt crisis.

International bankers and European Union officials failed to make progress on Thursday in securing a private sector contribution to a second bailout of Greece and bond yields climbed on concern about the scheme.

JPMorgan Chase was ordered to pay more than $35 million to settle allegations that employees participated in a bid-rigging scheme for derivatives sold to municipalities and non-profit organizations.

NYSE Euronext shareholders approved a $9.6 billion takeover of the American exchange operator by Germany's Deutsche Boerse AG on Thursday, moving the focus across the Atlantic where the deal faces its toughest battles.

Rupert Murdoch declined to comment further on the escalating phone hacking scandal at his British newspapers, saying on Thursday that he would not be adding to a statement he issued a day earlier.

Mets ownership will need to walk a tightrope in the next few weeks, as the team teeters on contending for a wild card berth and payroll continues to loom large for the financially strapped franchise.

Casey Anthony could possibly taste freedom in late July or early August. Will her freedom lead to heaven or hell? The life ahead of Casey Anthony is surrounded by countless speculations.

Late night stand up comedian Jay Leno tried to make people laugh about Casey Anthony getting acquitted. It failed.

President Barack Obama and congressional leaders searched on Thursday for ways to break a deadlock over spending and taxes, and there were some glimmers of a potential compromise that would avoid a debt default.

Wall Street climbed on Thursday after a report showing a rise in private-sector jobs and strong sales at retailers lifted optimism in the economy.

U.S. private employers added far more jobs than expected in June, bouncing back from a surprise slump the month before, a report by a payrolls processor showed on Thursday.

The latest economic data showed marked improvement over the course of one month, as applications for unemployment benefits fell and private sector employment increased.

Apple brags about 15 billion app downloads and counting.

A grizzly bear in Yellowstone National Park mauled a hiker, marking the first murder at the famous park in more than 20 years.

The Tour de France moves into Stage 6, where the riders will start from Dinan and go to Lisieux.

The Oakland Athletics made sure they were not going to be swept by the Mariners in their final game together.

Pictures of Daniel Radcliffe in the film series, Harry Potter.

The New York Stock Exchange, an icon of American capitalism, moved closer to ceding control to a German company on Thursday after investors threw their support behind a $9.4 billion takeover by Deutsche Boerse AG .

LG Electronics Inc slashed its sales targets on Thursday, as it struggles to break into the fiercely-competitive smartphone market.

The Harry Potter finale has been declared the most anticipated film of 2011 as it has already out sold its previous installments. It is also the fastest selling ticket of the year so far and has 2000 showtimes sold through Fandango. Throughout all of the hype and fan fever--is the film any good?

International banks, under pressure from European governments to roll over their holdings of Greek debt, tried again to come up with a joint rescue plan on Thursday after talks over a French proposal fell apart.

Stocks climbed on Thursday after a sharp rise in private-sector jobs raised expectations of a solid U.S. employment report for June.

Casey Anthony has been sentenced 4 years in prison, lying to investigators.