IBT Staff Reporter

Greece intends to present a fresh austerity plan Friday and expects its next aid tranche to flow, a government official said, after Moody's cut the country's credit rating deep into junk territory.

New U.S. claims for unemployment benefits fell last week, but not enough to assuage fears the labor market recovery has taken a step back.

Stocks were little changed on Thursday, a day after suffering their biggest losses in nearly a year, as a slight improvement in weekly jobless claims failed to impress and chain-store sales were lackluster.

Powerball Winning Numbers were released on Wednesday and one ticket has all six winning numbers which hit the $200 million jackpot.

Arsenal striker Robin van Persie has unleashed an incredible expletive-ridden verbal attack on the Spanish national team and fellow Premier League side Chelsea, telling them to carry on with the football and abstain from 'bitching' at the referee.

In a video message posted on Twitter, basketball legend Shaquille O'Neal announced his retirement.

How can you tell if the storm you are seeing could cause a tornado? The experts at the National Weather Service offer five things to watch for.

OPEC is considering raising oil supply targets for the first time since 2007 in a move that could weaken $100 oil prices and lessen the drag of high energy costs on global economic growth.

In their first official trip as a married couple, Prince William and Kate Middleton will be visiting Canada. The trip is planned for June 30 through July 8.

The 17-nation euro zone should consider establishing a central finance ministry as it tightens coordination of national economic policies to fight crises, the head of the bloc's central bank said on Thursday.

Rep. Anthony Weiner on Thursday has decided again not to take questions from the media on a controversy over an underwear crotch photo sent through his Twitter account.

Twisters have swept across the U.S., killing 314 in Alabama, 134 in Missouri, and 4 so far in Massachusetts in the last couple of months. Why so many tornadoes?

The actress appears in a new promotional video for Vera Wang.

High prices for food and gasoline, a sluggish economy and picky shoppers going to fewer stores cut into sales at big U.S. retailers in May.

Cyberlink has come up with PowerDVD to the Android platform, with OEM availability, enabling manufacturers to bundle it with Android handsets.

Rhianna's 'Man Down' video stirs controversy over rape and murder scene.

U.S. stocks were set for a slightly higher open on Thursday, a day after suffering its biggest losses in nearly a year, as data showed a fall in weekly jobless claims, although short of expectations.

Microsoft Corp showed off a version of its next operating system at technology conferences in the United States and Taipei, as some PC makers grumbled over restrictions on their involvement in the development of the system.

The recent Gmail phishing scam that is alleged to be from Jinan, China, while it was relatively harmless according to Google, has given awareness to the online community to check their security status.

The international company reports an increase in sales

Apple iOS 5 powered iPhone 5 may not be debuting after all at Apple Worldwide Developers Conference (WWDC) next week, leading people to wonder whether the next generation smart phone will be playing a catch up game or whether it is prowling for the right opportunity to reveal itself and blast its rivals into oblivion.

New claims for unemployment benefits fell less than expected last week, according to a government report on Thursday that could add to fears the labor market recovery has taken a step back.

Shaquille O'Neal, the NBA's giant of giants, tweeted to the world that he will retire from professional basketball in a 16 second video.

Shaquille O'Neal, the NBA's giant of giants, tweeted to the world that he will retire from professional basketball in a 16 second video.

Style your current iPhone while waiting for the release of the iPhone 5.

The tornadoes in Massachusetts left 4 dead, dozens injured and some roads still blocked. Routes 19 and 20 in Brimfield will be closed during the Thursday morning commute as search and cleanup operations continue.

U.S. stock index futures advanced on Thursday a day after suffering its biggest losses in nearly a year as investors waited for more clues on the strength of the economy ahead of Friday's jobs data.

Global brands from Twitter to Amazon are buying up Colombian Internet addresses, as the country's .co domain attracts organizations unable to get their choice of .com address or who want a shorter name.

A Japanese government panel on Thursday recommended doubling the country's sales tax in stages over the next four years to help pay for rising social security costs, though Prime Minister Naoto Kan's looming resignation and instability in his ruling party cast doubt over whether the policy will be implemented.