IBT Staff Reporter

When it comes to branding on the Internet, 2012 may be the dawn of a chaotic new era with companies and other groups expected to battle over suffixes like .cancer, .chocolate and just about .anything.

The New York Knicks have been asking about the Phoenix Suns' Steve Nash, according to the NY Post. In the proposed swap, Nash would be traded straight up for Chauncey Billups.

The risks of the U.S. losing its prized triple-A rating over the medium term have increased as the country faces a political impasse and nears its debt ceiling, Standard and Poor's said on Tuesday.

With Andre Villas-Boas resigning from his manager's role at Porto, poising himself to join Chelsea as soon as Abramovich meets his £13.25m release clause, Chelsea has almost ensured a deal for Porto goal-machine Radamel Falcao.

To celebrate summer's arrival, a blogger has picked out nine books from her shelves that she is going to give away to one of her readers.

Apple iPhone 5 rumors are swirling with talks of a new body case design and upgraded hardware for an August or September launch date. Rather than a just a minor upgraded model of the current iPhone 4, it is expected that iPhone 5 could roll out a radical new case design for the upcoming iPhone, though we have not been given any additional details, according to Boy Genius Report.

Espadrilles are all the rage this season.

JPMorgan Chase, the Wall Street bank that during the financial crisis has managed to remain afloat has agreed to pay $153.6 million to settle claims by the U.S. Securities and Exchange Commission it designed and sold a product linked to risky mortgages during the housing market collapse of 2007.

The official beginning of Summer is celebrated all over the Northern Hemisphere.

Film critic Roger Ebert's Facebook page was suspended Tuesday after Ebert posted a controversial tweet referring to Jackass star Ryan Dunn's death. The page was restored one hour later, according to Ebert's Twitter.

The First Lady makes her first official trip to Sub-Saharan Africa in an effort to strengthen diplomatic relations between the US and Africa.

Are the Atlanta Hawks interested in moving their star forward Josh Smith? According to Yahoo Sports, the Hawks have been asking around to see how much interest there is in their seven-year forward.

Introducing the English Rock theme

Dean Skelos, the state senate Majority Leader said a framework agreement is in place on all outstanding issues except gay marriage.

Credit Suisse said competitive pressure in the smartphone industry was likely to increase over the next 12-18 months as a wave of low-end Android phones hits the market and Apple is seen releasing a cheaper iPhone in 2012.

Verizon Wireless plans next month to move to usage-based wireless data pricing options instead of its flat-rate unlimited-use plans, increasing wireless bills for some customers.

Stocks rose on Tuesday as expectations grew that a default of Greek debt could be avoided and sovereign risk in other euro zone countries could be contained.

Two notorious hacking groups – LulzSec and Anonymous – have teamed up for “Operation Anti-Security” (AntiSec), an act of declaring cyber war against corrupt governmental agencies and the UK's Serious Organized Crime Agency (SOCA) has become its first target .

A look at the presidential candidate's style.

Nine new warning labels with graphic images will be required on U.S. cigarette packs, FDA announced on Monday. The labels will cover the top half of a tobacco package on both sides, each including a national quit smoking hotline number. 20% of an ad will also be given to warning labels.

Stocks advanced broadly on Tuesday as optimism grew over an upcoming confidence vote by the Greek parliament, a key hurdle for the country to avoid a debt default.

Singer and comedian Weird Al Yankovic recently released his music video to Perform This Way, Yankovic's parody of Lady Gaga's hit song Born This Way.

Mark Kelly, the astronaut and husband of recovering Rep. Gabrielle Giffords, announced his retirement from the Navy and NASA Tuesday saying he plans to focus on his wife's recovery and work with her to pen a memoir.

Barnes & Noble Inc had a deeper-than-expected fourth-quarter loss as the largest U.S. bookstore chain came under pressure from going-out-of-business sales of rival Borders Group Inc.

Lady Gaga arrives in Japan, goes simple with bald cap, and attends the MuchMusic Awards in Toronto on Sunday.

Ryan Dunn the star of Jackass series is dead but the controversy created by Pulitzer Prize winner film critic Roger Ebert still rages on.

U.S. stocks extended gains on Tuesday, with the Nasdaq Composite up 2 percent and the Dow and S&P 500 at session highs as optimism over a confidence vote for Greece and better-than-expected housing data boosted investor appetite for equities.

Tuesday marks Prince William's 29th birthday. For the newlywed, though, it will be a quiet celebration at it is a normal working week.

A comic book on the career of the man who created Carrie, The Stand, Rita Hayworth and Shawshank Redemption hits stores tomorrow.