IBT Staff Reporter

New York's highest court revived on Tuesday a lawsuit by banks including Bank of America Corp and HSBC Holdings Plc challenging MBIA Inc's 2009 restructuring, which they complained was unfair to policyholders.

The Los Angeles Film Festival came to a close Sunday with the premiere of writer and producer Guillermo del Toro's Don't Be Afraid of the Dark.

The Los Angeles Film Festival came to a close Sunday with the premiere of writer and producer Guillermo del Toro's Don't Be Afraid of the Dark.

HuffPo lists the most fashionable schools

On June 27, Congresswoman Michele Bachmann formally announced her 2012 Republican candidacy. Bachmann will be quite an energetic hopeful, and a bold choice as the Congresswoman described herself. She may also follow the path of Sarah Palin, whom she referred to as her good friend. Here are some videos on a rich history of her gaffes.

Talks to modernize India's financial sector and allow major retailers like Wal-Mart into the country's vast consumer market opened on Tuesday between top U.S. and Indian financial officials.

Endorsements from two leading proxy advisory firms could turn out to be the London Stock Exchange's secret weapon as it bids for the widely held TMX Group , operator of the Toronto Stock Exchange.

The Duchess and the former first lady have a lot in common

Consumer confidence fell in June to the lowest point since November 2010 on concerns about the slack labor market and sputtering recovery, according to a Conference Board report released on Tuesday.

SHELL GAMES: A Reuters InvestigationArticles in this series are exploring the extent and impact of corporate secrecy in the United States.

One of the summer's most anticipated blockbuster movies, Transformers: Dark of the Moon will be released in the United States on Wednesday.

As Apple continues to delay the launch of its illusive iPhone 5 the competition is just getting thicker as T-Mobile announced the launch of its latest 4G phone, the myTouch 4G Slide.

U.S. single-family home prices dipped modestly in April, pointing to signs of stabilization in the battered housing market at the start of the spring buying season, a closely watched survey said on Tuesday.

The highlight rumour of the day, by a significant margin, is that the saga surrounding Cesc Fabregas might finally come to an end as Barcelona, according to reports, are poised to make an improved £35m offer, which Arsenal will find hard to reject.

Russian divers plunge into the depths of the ocean to reveal breathtaking images of a crystal cave.

Liv Tyler shows even tall girls can wear heels

In a book tour appearance today, Bristol Palin said she wants her mother to run for president -- but would not share what her plans are.

Young model look mature but not overdone

Julia Roberts and Tom Hanks arrived Monday night for the 'Larry Crowne' film premier in Hollywood.

A team of cave divers have taken an unbelievable photo-reportage of the longest underwater gypsum crystal cave in the world.

Stocks rose on Tuesday on optimism the Greek parliament would adopt an unpopular austerity plan, easing concerns about a default, and as the pace of decline in U.S. home prices moderated.

A high acceleration in Android’s growth with 500,000 devices being activated everyday, Android could rule the smartphone market after a couple of quarters.

The hottest item for soon-to-be parents will be hard to come by after federal safety guidelines take effect on Tuesday after a ban of the cribs, which have been blamed for dozens of deaths.

Amanda Knox's appeal continued on Monday where key witness Rudy Guede placed Knox and Raffaelle Sollecito as Merideth Kercher's murderers.

Making a family history happen doesn't mean you have to put everything else aside, lock yourself in your attic and bang away at the computer until the manuscript is done, writes Biff Barnes of Stories To Tell Books.

The Glastonbury Festival, also known as the muddiest festival in the world, took place this past weekend.

Bachmann pulls a Palin and gets her U.S. history wrong

After LulzSec announced its retirement after 50 days of lulz, or an Internet rampage, the flame of cyber war does not seem to be as active as it'd been. LulzSec apparently jumped back onto the boat of its old buddy, Anonymous, to continue sailing on the Operation Anti-Sec against the governments.

A Belgian draft Horse named Fred has been hired to attach a fiber optic cable to a utility pole in East Burke, Vermont.