IBT Staff Reporter

Senior U.S. Federal Reserve official Charles Plosser warned on Thursday of the risks to future inflation from its program of quantitative easing and reiterated that the bar for more stimulus for the economy was very high.

After seeing a huge rush in the tablet market, HP TouchPad has finally been heard of entering the growing market after a long silence since its announcement in February this year

World stocks held near the previous day's 11-week low on Thursday while the euro rose broadly as investors looked to the European Central Bank to signal a July interest rate hike at its meeting later.

Citigroup Inc said computer hackers breached the bank's network and accessed the data of about 200,000 bank card holders in North America, the latest of a string of cyber attacks on high-profile companies.

The International Monetary Fund on Thursday urged China to allow the yuan rise further to rebalance its vast economy, and called for freer use of the currency in global trade and commerce.

Digital-coupon business Coupons.com said it had raised $200 million from institutional investors, underscoring the tremendous investor appetite for businesses that help consumers find bargains using the Internet.

US car major Ford Motors is planning to invest 50 billion rupees to set up a three-lakh-cars-per-annum plant in Gujarat, according to various media outlets.

General Motors will invest $49 million to purchase tooling and equipment for the Bedford Powertrain plant and create 91 jobs, the carmaker said in a statement.

The experience enabled by Wii U and the new controller takes players deeper into their games, while reaching out wider than ever before to be inviting to all kinds of gamers, Nintendo President Satoru Iwata said while introducing Wii U, the successor of its worldwide mega-hit video game console.

Citigroup Inc confirmed a computer breach at Citi Account Online, giving hackers access to the data of hundreds of thousands of bank card customers.

A federal judge signaled that she would approve a settlement calling for Wells Fargo & Co to pay $32 million to about 1,200 female brokers who claimed they were paid less than men and denied promotions because of their gender.

Citigroup Inc has acknowledged that a computer breach may have given hackers access to the data of hundreds of thousands of bank card customers, the Financial Times reported on Thursday.

A Youtube video that went viral on the internet showing a women with a tattoo of 152 Facebook friends on her arm turned out to be a hoax.

Delta will now have to pay back $175 million dollars in loans that was used to help Northwest Airline's training center because Delta is moving the facilities to Atlanta, Georgia, Delta's home.

Sony Corp expects its new PlayStation Vita handheld games device to sell faster than its predecessor, despite the explosive growth of mobile gaming on smartphones and tablets.

There is a 25 percent of the Northern Lights being visible tonight on Earth because of the Solar Flare and coronal mass ejection that occurred yesterday.

A hacker has exploited the vulnerability of iOS 5 by hacking into the newly launched, but not yet released, mobile operating system.

The world's biggest video game publishers, in a surprise move after years of rocky relations with Nintendo, threw their weight behind the Japanese company's new Wii U console this week.

Republican lawmakers are playing with fire by contemplating even a brief debt default as a means to force deeper government spending cuts, an adviser to China's central bank said on Wednesday.

One of several men accused of helping online poker websites dodge U.S. gambling laws lived in Central America for years to avoid a telemarketing fraud charge and was preparing to flee to Thailand before his arrest, a U.S. prosecutor said on Wednesday.

Apple updates its guidelines to prohibit DUI checkpoint evasion apps.

Securities and Exchange Commission Chairman Mary Schapiro said this week she will seriously consider issuing additional guidance outlining when public companies should disclose cybersecurity breaches.

Sticking power was what helped Japan's Capcom, best known for macho games like Street Fighter and Resident Evil, break out of its niche and score an international smartphone hit with the gentler Smurfs' Village, the company's president said in an interview.

EBay is hunting for acquisitions to speed up its development of image recognition and augmented reality features as the online retailer and auctioneer seeks to capitalize on the potential of mobile phones to help consumers make impulse purchases.

Companies using the Internet to do business should adhere to a code of conduct to reduce hacking and online theft, the Commerce Department said in a report issued on Wednesday.

A recent cyber breach at EMC Corp's RSA security division and a related attack at defense contractor Lockheed Martin Corp have damaged RSA's once-stellar reputation, according to industry experts.

Growth slowed in some U.S. regions during May as costlier food and energy as well as supply disruptions stemming from a major earthquake in Japan in March took a toll, the Federal Reserve said on Wednesday.

Nintendo is leaving E3 with more questions than answers.

Two rank and file House Democrats are taking donations received from Rep. Anthony Weiner, D-NY and donating them to charity in the wake of mounting Republican pressure after the embattled Congressman admitted to posting a lewd crotch photo to the Internet, deleting it and then lying by claiming he his account was hacked.