IBT Staff Reporter

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.

According to the latest rumors, tech giant Apple will be offering a dynamic duo release with the much anticipated iPhone 5 and iPhone 4S this September. The iPhone 5 will remain as the company's higher end model while the iPhone 4S will be targeted towards pre paid smartphone customers. A release of both devices could be a blockbuster move by Apple to cater both the higher end and mid range smartphone market.

Home prices dipped in April from March, though the pace of decline moderated at the start of the spring buying season, a closely watched survey said on Tuesday.

The Gaza Flotilla planned for this week is slated to set sail from Greece this Thursday or Friday.

The Duchess Dazzled in Alexander McQueen

Stock index futures pointed to a higher open on Tuesday as optimism grew that the Greek parliament would adopt a deeply unpopular austerity plan, easing concerns about a debt default.

The United States formally offered its backing on Tuesday for French Finance Minister Christine Lagarde to take over the top job at the International Monetary Fund, ensuring a win for her over Mexico's Central Bank Governor Agustin Carstens.

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.

Israel has backed down from its threat to ban journalists covering the pending flotilla to Gaza from entering the country for a decade.

In an unprecedented gesture, Arsenal manager Arsene Wenger wrote a letter to a disgruntled supporter, who had written to the club asking why he hadn't made any big-money signings.

China has asked the US not to interfere in mounting tensions between Beijing, Hanoi and three other Southeast Asian governments over the South China Sea.

A sequel of Green lantern on the anvil for Warner Bros

French Finance Minister Christine Lagarde looks set to emerge on Tuesday as the International Monetary Fund's new chief, maintaining the tradition of a European heading the global lender.

Facebook users spend 700 billion minutes per month accounting for a quarter of the World’s total web traffic.In spite of that, most of them have not explored beyond the communicating and sharing features.

The European Union warned Greek lawmakers on Tuesday their country faced immediate default unless they approve a hated austerity plan, as strikers began new mass protests against the EU/IMF-imposed measures.

Wide spread reports in Brazil claim that five European sides have met the release €45 million release clause of Santos' Brazilian starlet Neymar.

The bus loaded with supporters of a planned $100 million mine had just left its remote Kyrgyz village when a mob on horseback blocked the road. What happened next was a warning to foreign mining companies who had hoped democracy in Kyrgyzstan would improve the investment climate in the Central Asian republic.

Fears of defending champion Rafael Nadal's Wimbledon campaign ending prematurely has been eased as reports suggest his ankle injury, sustained during his fourth-round victory against Argentine Juan Martin del Potro, isn't serious.

Apple is in the throes of dealing a double whammy to Android as it plans to release two iPhones, the iPhone 5 and iPhone 4S in September.

Stock index futures were little changed on Tuesday as investors were reluctant to make bets after a rally in the previous session and as they waited to see if the Greek parliament would adopt a deeply unpopular austerity plan.

European Union officials are working on a contingency plan for Greece if its parliament rejects an austerity program and the country cannot receive the next instalment of EU/IMF emergency loans, three euro zone sources said on Monday.

The London Stock Exchange will proceed as planned with this week's vote on its takeover of Canadian group TMX and is confident shareholders will back the deal, chief executive Xavier Rolet said on Tuesday.

Huntington's acting debut is a no-show with reviewers missing Megan Fox in the role

Wide spread reports in Brazil claim that five European sides have met the release €45 million release clause of Santos' Brazilian starlet Neymar, with Real Madrid, Barcelona, Chelsea reported to be among the five.

Honda Motor Co's <7267.T> annual operating profit forecast is not conservative, given the yen's strength and soaring raw materials prices, the automaker's chief financial officer said on Tuesday.

Stock index futures signaled a lower start for equities on Wall Street on Tuesday, with futures for the S&P 500, the Nasdaq and the Dow Jones down 0.1 to 0.2 percent by 0942 GMT.