IBT Staff Reporter

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Quarter of Teens in U.S Drink Soda Daily

According to a new study 25 percent of high school students drink soda daily which is an alarming number that could lead to increase in obesity rate and other related diseases. Seventeen percent of Americans age 2 to 19 are overweight, according to the CDC.

Line drawn in stocks' battle

The S&P 500's 200-day moving average is the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests next week with Greece's debt crisis appearing to reach a climax.

Boeing refuses to rush decision on 737 upgrades

Boeing Co says it feels no pressure to rush a decision on whether to re-engine or redesign its best-selling 737 narrow-body, despite impressive orders for an upgraded version of the competing plane -- the Airbus A320neo.

Apple, Intel to vie for Nortel patents: report

Apple Inc, Intel Corp and Ericsson are vying, along with Google Inc, to buy patents from bankrupt telecom maker Nortel Networks Corp in a sale slated for later this month, The Wall Street Journal reported on Saturday.

Oldest light bulb still burning after 110 years, enters Guinness World Records

Look no further than our own Bay Area fire station to find the world's oldest and longest burning light bulb. The 60 watt bulb has been recorded into the Guinness World Records by staying lit for 110 years. It still remains burning within the fire station's room. Since its installation in 1901, the light bulb dubbed The Centennial Bulb has been operating day and night running on 4 watts at the Livermore-Pleasanton Fire Department Station number 6 in Livermore, California.

Angie's List picks BofA for August IPO: source

Angie's List Inc, a website that compiles consumer reviews on everything from plumbers to pediatricians, has picked Bank of America Corp to steer its initial public offering planned for August, a person briefed on the matter said on Saturday.

Games firm Sega investigates hacking breach: report

Japanese computer games publisher Sega has launched an investigation after hackers broke into its customer database, the BBC reported on Saturday, in the latest in a series of online corporate security breaches.

Samsung Galaxy Tab 10.1 - Best Android but Far Behind iPad 2 [VIDEOS]

Samsung Galaxy Tab 10.1 was unleashed across the U.S. on Friday as the company's latest entry in the tablet market. Those who snagged this lightest tablet to date can probably testify to whether it was worth it or not, but here are some reviews that suggest how and why Galaxy Tab 10.1 is the best among the Android tablets, and yet lags behind Apple's iOS-based iPad.

PNC expected to buy RBC unit: source

PNC Financial Services Group Inc is expected to buy Royal Bank of Canada's U.S. retail bank operations, a source briefed on the situation said on Saturday.

Sega Pass Network hacked, LulzSec defends to spark hacker war

The latest string of corporate hacks now adds video game giant Sega on the victims list. As of today, no hackers have taken responsibility. Emerging hacker group LulzSec posted on its Twitter page, that they will defend Sega and declared war against the unnamed hackers responsible. Interestingly, the LulzSec group, who was responsible for the latest strings of corporate hacks including the PlayStation Network, has claimed no ownership in Sega's breach.

Merkel ally wants private role for Greece now

Private creditors should contribute to a new Greek bailout starting immediately, the head of the Bavarian wing of German Chancellor Angela Merkel's conservatives told magazine Der Spiegel.

Target workers at New York store reject union

Workers at a Target Corp discount store in New York voted to reject union representation in what would have been the first unionized Target store in the country, while union officials vowed to press for another election.

Nook Beats Kindle for the First Time

Barnes & Noble's new Nook ebook reader, named 'Simple Touch Reader', has ranked higher than its rival Amazon's latest Kindle, according to a new Consumer Reports ranking.

Greeks protest, government wins breathing space

Thousands of Greeks marched on parliament on Saturday in a show of unabated public anger after Prime Minister George Papandreou reshuffled his cabinet and vowed to push on with a belt-tightening campaign.

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