IBT Staff Reporter

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Los Angeles will be a U.S. leader in electric vehicle adoption, according to a new study published by the UCLA Luskin Center for Innovation.

Lenovo Group Ltd, the world's No.4 PC brand, more than tripled its fourth-quarter net profit, beating forecasts on robust demand from commercial customers and making up for a slowdown in the consumer sector.

Fifty-seven year old Brian David Mitchell, who had kidnapped Elizabeth Smart in 2002 and had repeatedly raped her while holding her captive for 9 months, was sentenced to life imprisonment by a federal judge on Wednesday.

Skype, the popular video and voice chat service, is down for some users.

Still quirky and original, the Cars mixed hits with surprisingly vibrant new material in their Roseland Ballroom concert last night in New York City.

Stocks were little changed on Thursday following a rise in weekly jobless claims that analysts said had been priced into shares.

Silver Prices handed back most of Wednesday's gains, dropping 6% inside three hours before hovering around $37 per ounce.

VoIP and group video conferencing provider and latest buy of Microsoft, Skype has crashed as users from across the world are citing sign-in and communication issues.

Oil retreated on Thursday, pressured by gloomy U.S. economic data, but dollar weakness and supply concerns sparked by renewed violence in the Middle East helped limit losses.

Tim Cook, Apple's Chief Operating Officer, visited South Korea to begin discussions on integrating Samsung's super AMOLED technology to enhance the future iPad 3 screen displays.

Elizabeth Smart on Wednesday faced Brian David Mitchell the man who kidnapped her and whom she said raped her daily for nine months in 2002.

Chinese gold demand could rise over 22 percent in the next three years and sharply outpace domestic production, the head of the country's largest state-owned gold miner China National Gold Group said on Thursday, signalling room for a strong ramp up in imports.

A Marine in town for Fleet Week was struck and killed by a car on the West Side Highway in New York City, early Thursday.

People.com is reporting that British musician, Cheryl Cole, will no longer be a judge on The X Factor as it has previously been reported.

Corporate profits contracted in the first quarter for the first time in more than two years and the economy grew at the same pedestrian pace as previously estimated, government data showed on Thursday.

Stock index futures pointed to a flat open on Thursday as the economy grew less than expected in the first quarter, adding evidence that global demand is slowing and underscoring recent equity weakness.

After 25 years of history-making, life-changing television, Oprah hosted the finale of The Oprah Winfrey Show on Wednesday that marked the end of “Oprah Winfrey Show” and also a new start for Oprah Winfrey Network (OWN).

Beyonce performed her new single, 'One Plus One' on American Idol's Finale on Wednesday and Scotty McCreery is the season 10 winner.

Facebook is not working on opening up the world's biggest social network to children under the age of 13 in the short term, founder and Chief Executive Mark Zuckerberg said Wednesday, contradicting some media reports.

The Alipay system affiliated with Jack Ma's Alibaba Group has received a license from China's central bank to operate an electronic payment system in the country, the company said on Thursday.

New claims for unemployment benefits unexpectedly climbed to 424,000 last week from a revised 414,000 in the prior week, pointing to a painfully slow improvement in the nation's job markets.

Sony Corp. missed analysts profit estimates for the next fiscal year, largely due to the record earthquake that hit Japan and a string of attacks from hackers.

Chief Executive Josef Ackermann struggled to make himself heard as protestors outside and shareholders inside vented their anger over Deutsche Bank's leadership vacuum, legal issues and business practices.

Robot designed by engineer Rob Richardson from the University of Leeds, UK, and colleagues has crawled up the tunnel carrying a bendy micro snake camera has sent back the first images of markings on the wall of a tiny chamber in the Great Pyramid of Giza in Egypt that have not been seen for 4500 years, the New Scientist reported on Thursday.

During Amazon's first attempt at selling Lady Gaga's album for a mere 99 cents they had issues with their servers. However, after seeing a high response to the first offer, Amazon is offering the deal again today.

The London Stock Exchange faced an increasingly bitter battle for control of Canadian peer TMX Group -- and its own destiny -- after rival bidder Maple Group took its higher offer directly to shareholders.

Stock index futures were little changed on Thursday as investors looked ahead to data that could shed light on the economy's health amid worries that global demand was slowing.

Oil retreated on Thursday, as investors focused on disappointing economic data, but dollar weakness and renewed violence in Yemen helped limit losses.