IBT Staff Reporter

Chinese police have arrested 36 people in connection with operating fraud on Alibaba.com that prompted the resignations of the firm's top executives in February, the company said.

Peruvian President Alan Garcia opened the Christ of the Pacific monument in Lima on Thursday.

Investigators have found evidence of a sexual encounter between former IMF chief Dominique Strauss-Kahn but an unidentified law enforcement official says the accuser has repeatedly lied, the New York Times reported.

Former International Monetary Fund chief Dominique Strauss-Kahn may be freed on bail six weeks after being arrested on charges of sexual assault, the New York Times reported Thursday evening.

TAG Heuer,a Swiss luxury watchmaker, has launched a luxurious $6,750Smartphone called 'TAG Heuer LINK'.

Google's controlled release of Google+ is called into question by one analyst.

Krystal Holloway, also known as River Cruz, testified on Thursday that she had an affair with George Anthony, the father of Casey Anthony who is accused of killing her two-year old daughter Caylee.

Half of Myspace's employee base is gone after the social network is sold from News Corp. to Specific Media.

Eastman Kodak shares plunged 15 percent on Thursday after a U.S. trade panel upheld portions of a ruling unfavorable to the company in a patent fight over digital camera technology in cellphones.

Treasury Secretary Timothy Geithner said Thursday at a conference that he would remain as President Obama's top economic official for the foreseeable future after a report saying he was considering stepping down.

Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make a decision until contentious negotiations over the U.S. debt ceiling are completed, people familiar with his thinking said on Thursday.

NASA's space shuttle program comes to an end with the launch of the space shuttle Atlantis.

A top Federal Reserve official said on Thursday large-scale bond buying can be an effective monetary policy substitute when the central bank runs out of room to cut interest rates.

The Federal Reserve should be prepared to act to support the economic recovery again if growth disappoints, a top official said on Thursday, the day the central bank's latest bond buying round ended.

TAG Heuer,a Swiss luxury watchmaker, has launched a luxurious $6,700 Smartphone called 'TAG Heuer LINK'.

The National Basketball Association said Thursday it will begin a lockout of its players at 12:01 a.m. EDT on July 1 until it reaches a collective bargaining agreement with the league's players association.

The following is George Anthony's suicide note to his wife, Cindy Anthony as shown in court on June 30, 2011, according to a transcription of a handwritten note in media reports.

The aeronautics unit of Lockheed Martin Corp, the Pentagon's No. 1 supplier by sales, said on Thursday that it plans to cut about 1,500 jobs to reduce costs in response to a flattening of U.S. defense spending.

A U.S. trade body declined to fully reverse a ruling that Apple and Research in Motion Apple did not infringe Kodak's patented technology for digital cameras in cellphones, sending Kodak shares down 17 percent in extended trading.

U.S. Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make any decision until after until after debt limit negotiations conclude, people familiar with his thinking said on Thursday.

Citigroup Inc has entered into exclusive talks with a bidding group to sell its OneMain consumer lending unit formerly known as CitiFinancial, the Wall Street Journal reported, citing a person familiar with the matter.

Research In Motion succumbed to rising shareholder pressure on Thursday, agreeing to study a split of its co-chair and co-chief executive roles and dodging a showdown at its annual meeting.

A new research has discovered that smokers who receive encouraging text messages are more likely to be successful in quitting smoking. They study was published in the British medical journal The Lancet.

U.S. Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make any decision until after until after debt limit negotiations conclude, people familiar with his thinking said on Thursday.

U.S. Treasury Secretary Timothy Geithner will not make any decision about leaving the Obama administration while focused on striking a deal to raise the U.S. debt limit, a U.S. Treasury official said on Thursday.

Two murderers jailed in an Orange County prison tied the knot June 27 inside a jail visiting area. The couple apparently met in January when the future bride sent the future groom a letter.

The Apple iPad 2 continues to steam through competitors to uphold its top position in the tablet market by achieving an unprecedented milestone of 100,000 available applications specifically developed for iPad. Apps for iPad and iPad 2 utilize the large 9.7 inch touchscreen display and A5 dual processor to run more intensive functions.

There are now more than 100,000 applications made for the iPad. To be more specific, there are 100,159 iPad apps as of Thursday afternoon.

Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make any decision until after debt limit negotiations conclude, people familiar with his thinking said on Thursday.