IBT Staff Reporter

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HP's TouchPad will debut July 1 for $500

Hewlett Packard Co will begin selling its TouchPad on July 1 in the United States for $499.99, debuting the first tablet computer powered by Palm's operating software.

Indexes bounce back after six-day losing streak

Wall Street turned back a six-day losing streak on Thursday, with the Dow and the S&P 500 bouncing up 1 percent, after data on U.S. exports eased concerns about a stalled economic recovery that had weighed on the market for days.

Battle for the Bench: Posada v. Bay

The Yankees and the Mets are both carrying dead wood at this point. The fans are getting restless and the media smells blood as the hole gets deeper for Jason Bay and Jorge Posada. How long will the management of the two MLB teams absorb the poor performances of their weakest links?

Videogamers seek more peace, less war

Videogames are becoming kinder and gentler as women and older players seek pleasure in a pastime long dominated by teenage boys hell-bent on winning wars in fantasy worlds.

Sprint to debut Motorola high-speed phone

Sprint Nextel plans to sell a high-speed wireless phone from Motorola Mobility , the Photon 4G, this summer, the U.S. mobile device maker's first to be based on the carrier's new WiMax technology.

Borders may have to close some of its best stores

Bankrupt Borders Group Inc said it may have to close up to 51 more stores -- including some of its most successful -- as the shrinking bookstore chain struggles to avoid defaulting on a bankruptcy loan.

Record exports temper slowdown fears

Record exports in April tempered fears that the economic recovery was running off the rails, even though first-time claims for jobless benefits edged higher last week.

Wall Street rallies as trade report spurs buying

U.S. stocks extended gains on Thursday after trade data showed record U.S. exports, easing concerns about a stalled economic recovery following a six-day slide that left the equities market oversold.

Regulators pressuring banks after Citi data breach

Major U.S. banks came under growing pressure from banking regulators to improve the security of their customer account information after Citigroup Inc became the latest high-profile victim of a large-scale cyber attack.

Wall St rallies as trade report spurs buying

Stocks extended gains on Thursday after trade data showed record U.S. exports, easing concerns about a stalled economic recovery following a six-day slide that left the equities market oversold.

ECB takes hard line on Greece in rebuff to Berlin

The European Central Bank said on Thursday it opposed forcing private creditors to take part in debt relief for Greece, pushing back against Germany, which has demanded a bond swap to lengthen Greek debt maturities.

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