IBT Staff Reporter

59-year old Bill Warren, an eccentric California based diver has announced a rather ambitious plan to conduct an underwater mission to recover the body of Osama Bin Laden. Warren is currently gathering resources to scour the North Arabian sea bed which has an estimated surface area of four million square kilometers.

Ailing Nokia said on Tuesday it had ended a legal battle with Apple, which will pay an undisclosed one-off fee and ongoing royalties to the Finnish firm.

Dirk Nowitzki finally broke through and got the ring he worked 13 years in the NBA for. Avenging a 2006 loss to the Miami Heat, Nowitzki and the Dallas Mavericks beat the Heat in six games to take the NBA title.

Hiring prospects for the coming quarter have improved in most large economies from three months ago, while holding steady in the United States, according to a quarterly survey of employers by ManpowerGroup Inc .

Russell Crowe recent tweet caused a stir: “Circumcision is barbaric and stupid. Who are you to correct nature? Is it real that GOD requires a donation of foreskin? Babies are perfect.”

Minnesota Rep. Michele Bachmann, a Republican with close ties to the tea party, announced that she has filed the paperwork to be seek her party's nomination and will formally announce her intentions soon.

The Oakland Athletics are marred with injuries, a coaching change, and a seemingly insurmountable losing streak that may be their downfall for the 2011 season as the A's wallow in last place in their division.

Google should not be allowed to buy thousands of patents belonging to bankrupt Nortel Networks under current sale terms, Microsoft said on Monday, the deadline for bids in an closely watched auction.

Lawyers for Tyler Hamilton have accused Lance Armstrong, the seven-time Tour de France, of having aggressive contact with Hamilton over the weekend. According to ESPN, Hamilton's lawyers have reported the incident to federal authorities to decide whether or not it constitutes witness tampering, since Armstrong is in the midst of a federal doping investigation.

Emory law student had been arrested in Egypt on spy charges. Ilan Grapel, a U.S. immigrant to Israel, was detained on Sunday in a development that could strain Israel's relations with Egypt's new leaders.

Bondholders of Lehman Brothers Holdings Inc have postponed a hearing on a controversial proposal to force the failed investment bank's creditors to share details about their claims, citing a wave of objections to the plan.

The Bank of Japan is expected to keep monetary policy on hold on Tuesday but consider ways to funnel more money to firms with growth potential, keeping up efforts to address chronic ills that plague an economy hit by a devastating earthquake in March.

Talks about a second bailout for Greece are getting closer to a conclusion as the European Commission pushes for a voluntary debt swap, media reported.

A lack of surprises made for the most mellow E3 in history according to one analyst.

Bank of America Corp will not likely need to raise capital unless it is forced to recognize mortgage losses sooner than expected or is required to boost capital levels faster, a Sanford Bernstein analyst wrote on Monday.

HP's chief information officer Randy Mott shown the door as CEO Leo Apotheker shakes things up.

Japan's cabinet approved a scheme on Tuesday to help Tokyo Electric Power Co compensate those affected by the radiation crisis at its stricken nuclear plant, a step forward in a slow-moving process that has frustrated not only the victims but also investors.

Draft legislation is being circulated in Congress that would require firms to make reasonable efforts to secure customers' personal data and to provide quick disclosures in the case of a data breach.

Bank of America Corp unnecessarily burdened U.S. regulators who were reviewing the mortgage giant's foreclosure practices, according to a court filing.

A loosely aligned group of computer hackers calling themselves Lulz Security said they broke into the Senate's computer network on Monday.

Technology giant Apple Inc.'s new Mac operating system OS X Lion, which was presented at the Worldwide Developers Conference (WWDC) 2011 last week, has roared its way into the hearts of Apple fans but does it have what it takes to beat Google Chrome OS?

Readers will be able to jump from a new adventure series into children's classics Treasure Island and The Wonderful Wizard of Oz in a new digital book initiative launched on Amazon's Kindle on Tuesday.

Lance Armstrong, the seven-time Tour de France winner, in the midst of a doping investigation, happened to run into Tyler Hamilton over the weekend.

The House of Representatives granted Representative Anthony Weiner's formal request for a two-week leave of absence, as pressure mounted from the nation's highest office for the scandal plauged Democrat to resign, Monday.

Commodities trader Glencore will report its first quarterly results on Tuesday, with investors hoping market volatility boosted trading profit and helped offset the impact of bad weather on output.

Cable programmers and operators are putting aside usually difficult negotiations to solve their most pressing challenge this year: How to make more TV shows mobile without harming their lucrative business.

Goldman Sachs Group Inc is rejecting accusations that it tried to stall a probe by Lehman Brothers Holdings Inc into whether its descent into bankruptcy was exacerbated by false rumors.

Miami heat forward Lebron James has often been compared to NBA great Michael Jordan, winner of six NBA titles. However, the career path of Lebron James is looking more and more like one of his main critics - Charles Barkley.

Migrant workers broke out into riot after a pregnant migrant worker was manhandled in China's southern province of Guangzhou last week.