IBT Staff Reporter

Research In Motion is in danger of failing to capitalize on market share losses at rival Nokia by choosing to launch products later-than-expected, said Citigroup, which downgraded its rating on the stock to hold from buy.

Chanel designer trades dresses for glasses

The U.S. Supreme Court ruled against Microsoft Corp on Thursday, rejecting its appeal of a record $290 million jury verdict for infringing a small Canadian software firm's patent.

Apple's latest addition to its ecosystem, the iCloud storage service that will provide storage space that can be accessed from Apple products, is not as revolutionary as it seems.

Shane Harris won the New York Public Library's Helen Bernstein Book Award For Excellence in Journalism Tuesday night for The Watchers: The Rise of America's Surveillance State.

With an election three days away, Turkey prepared on Thursday for attacks on official websites by Internet vigilante group Anonymous in a protest against what it says is government Internet censorship.

Deliveries of smartphones like Apple's iPhone are expected to increase 55 percent this year, four times as fast as the wider phone market, IT research firm IDC said.

Stocks opened slightly higher on Thursday following six days of losses as a narrowed U.S. trade deficit was seen as one positive point in a recent trend of discouraging economic data.

British girl gets her wish to trend on Twitter.

Expect New York Yankees pitcher A.J. Burnett to get some heat for his insensitive use of the word retarded after last night's loss to the Boston Red Sox.

General Motors is considering putting Opel up for sale again as management loses confidence its European arm will return to profitability, two German magazines reported.

France could back a private sector rollover of Greek debt as part of a new EU-IMF bailout if a voluntary formula can be found to avoid wider damage in euro zone markets, sources familiar with government thinking said.

Stocks rose on Thursday after six days of losses as a narrowed U.S. trade deficit was seen as one positive point in a recent string of weak economic data.

The summer's oddest color combo is taking over.

As an X-rated photo of Anthony Weiner was newly exposed online Wednesday, his wife Huma Abedin was reported to be three months pregnant with the couple's first child.

The Senate decided yesterday to avoid delaying the 80 percent cut in debit card swipe fees, a move that could help consumers when shopping. But banking customers could suffer as banks look to make up for the lost revenue.

Apple amended its guidelines for in-app subscriptions on the App Store and said it no longer requires a subscription to be the same price or less than it is offered outside the app.

Citigroup does not know how the computer breach revealed Thursday which affected hundreds of thousands of its credit card customers took place, but such an event fell in line with a risk the company outlined to shareholders in its publicly available annual report in March.

French holding company, LVMH, allows public to come watch production.

The world's fastest man, Usain Bolt has suggested in his typical self-confident manner that he would make a good player for current Premier League champions Manchester United, after he retires from athletics.

The number of Americans filing new claims for unemployment benefits rose by 1,000 last week, according to a report on Thursday that could stoke fears the labor market recovery has stalled.

Celebrities gathered at the Las Vegas Mirage to honor the five year anniversary of The Beatles Love by Cirque du Soleil.

The bulk of the New York Giants football team gathered for workouts at Bergen Catholic High School, in Oradell, N.J. this week, defying the heat and the lockout. The players reportedly engaged in two hours of drills, sprints and some plays, though not at full speed.

The U.S. trade deficit narrowed unexpectedly in April, as U.S. exports rose to a new record and imports from Japan tumbled more than 25 percent in the aftermath of its earthquake, tsunami and nuclear disaster, a U.S. government report showed on Thursday.

NASA recently released the last image the rover Spirit captured on its mission to Mars, revealing a rocky, hilly landscape and a world that at one time likely had hot springs, a thick atmosphere, and a water cycle.

The number of Americans filing new claims for unemployment aid unexpectedly edged higher last week, stoking fears of a stalled economic recovery even as a separate report showed record exports in April.

In this opinion piece, Alexander McNabb writes from Dubai that we can perhaps recognize the tipping point has been reached.

Wall Street edged higher on Thursday after six days of losses as a narrowed U.S. trade deficit was seen as one positive point for growth in a recent avalanche of weak economic data.

The debate over whether the United States should stage a mini-debt default is largely a political one, although action must be taken on the country's fiscal situation, a top Federal Reserve official said on Thursday.