IBT Staff Reporter

Softbank expects to reach an agreement soon with Alibaba Group over ownership of China's leading e-payment provider Alipay, the Japanese mobile carrier's CEO said on Monday.

Alyssa Campanella, a 21-year-old girl from California was crowned as Miss USA 2011 in Hollywood Resort and Casino in Las Vegas on Sunday night.

Bankrupt bookstore chain Borders Group Inc said it will name a stalking horse bidder by July 1 and is looking to complete the sale of all its assets by the end of July.

Japan's exports fell in May at a faster pace than expected versus year-ago levels, raising concerns that weakness in overseas demand will constrain factory production and delay economic recovery from a massive natural disaster.

Tepco will open a very humid nuclear reactor airlock, at the Fukushima Daiichi nuclear plant, the company said on Sunday.

General Electric Co on Sunday reached a tentative, four-year national labor contract with two key unions that cover more than 15,000 GE workers, or about 11 percent of its U.S. employees.

Justin Biber Arrived amidst shock and frenzied teen fans at the 2011 Canadian MMVA's held in downtown Toronto June 19, 2011, the show hosted by his rumoured girlfriend Selena Gomez.

A weight loss specialist, Dr. Gautam Gupta 57, is wanted by the Federal Bureau of Investigation (FBI). FBI has started a national and international effort to find him.

The death rate for people affected by cancer has been decreasing in United States. However, not everyone has benefited equally according to the American Cancer Society (ACS).

Rory McIlroy, the winner of the 2011 U.S. Open was so elated about his record breaking win, that he sent a photo of his championship trophy to his followers on Twitter.

Shares in Japanese game developer Sega Sammy Holdings Inc fell on Monday after information belonging to 1.3 million customers was stolen from its database, the latest in a rash of global cyber attacks against video game companies.

Ford Motor Co is spending $1 billion in an effort to develop a new generation of vehicles for its struggling Lincoln brand, the Wall Street Journal reported on Sunday, citing dealers briefed on the plan.

There have been numerous speculations and allegations regarding the reality of North Korean regime through multiple reports, especially defector’s testimonies, but none have been fully verified. However, a leaked official police manual published by the North Korean government officially confirms actual inside stories of the reclusive nation.

Your smartphone may be a convenient companion, but you may need to think twice about trusting them wholeheartedly.In this era of mobile applications earning increasing attention and popularity among many consumers, both casual and tech-savvy, the application market poses a rising threat to privacy.

Girls Aloud singer Cheryl Cole, who was not seen in public for 25 days since the ‘X-Factor’ trouble, finally has come out in the open, thanking her fans for their support and indicating that she might be back soon on British Screens as the host of BBC's talent search show The Voice.

Rory McIlroy gave his father a wonderful present on Father's Day, winning the U.S. Open in record-breaking fashion.

Pratt & Whitney's geared turbofan engine, which has secured hundreds of orders to power Airbus's upgraded A320 narrowbody, could be scaled up for use on larger widebody airplanes, its chief executive said on Sunday.

Japan's Panasonic Corp is likely to forecast a group operating profit of 260-280 billion yen ($3.24-$3.5 billion) in the current business year to March 2012, down about 10 percent from the year before, due to a fall in sales following a massive earthquake in March, the Nikkei business daily said on Monday.

Boeing Co's 747-8 Intercontinental, the new elongated passenger version of its legendary jumbo jet, made its international debut on Sunday, showing its distinctive silhouette abroad for the first time.

Euro zone finance ministers agreed on Monday that they would seek voluntary rollover of Greek debt by private bondholders to finance a substantial part of Greek funding needs in coming years.

A technical failure in a NATO missile may have caused a number of civilian casualties in Tripoli, a spokesman said on Sunday.

Sudan produces up to 81,000 tonnes of camel meat per year. Down there, it's common food.

According to rumors and a Tweet from CNet's Brian Tong, Apple is set to launch their new Mac Pro, and Mac Mini in early August 2011. The fall release is set to feature upgraded CPU with Sandy Bridge and Thuderbolt along with the newest OS X Lion.

Sega issued a warning saying that it had been infiltrated by cyber criminals and personal information on 1.3 million customers was compromised.

PNC Financial Services Group Inc has agreed to buy Royal Bank of Canada's U.S. retail bank operations for $3.45 billion in cash and stock, two people familiar with the matter said on Sunday.

At a rally for of a long -debated measure which would make same-sex marriage legal in New York State Sunday, State Senator Tom Duane appeared fatigued realizing that the end of the regular session in Albany could signal the culmination of an effort that started twenty years ago when he was a City Councilman.

NBC edited out the words under God in the pledge of allegiance, during an opening segment they ran for the U.S. Open. School children said the pledge of allegiance with patriotic images were left out.

Google honored thousands of fathers today with a Google Doodle displaying a tie and encouraging people to use Gmail to call their dads.

It's Father's Day and the choices for Ecards are numerous. Options vary widely, however the following list includes a bit of the major categories, including earnest cards, lighthearted ones and even a parody.