IBT Staff Reporter

14:57 24May11 -TIMELINE-Greece seeks new tranche of 110 billion euros ($155 billion) loan

Google Inc will launch a mobile payment system on Thursday, in the latest bid to help consumers pay at the checkout with smartphones instead of traditional credit cards, a person familiar with the matter told Reuters on Tuesday.

Boeing Co will retain the ability to re-engine the current model of its hot-selling 737 narrow body jet should the company be unable to produce a completely redesigned version, Chief Executive Jim McNerney said on Tuesday.

Contractors and businesses that received money through the 2009 federal economic stimulus plan owe billions in unpaid taxes to the government, a federal auditor said on Tuesday.

U.S. stocks dipped in light volume on Tuesday as lingering concerns about a slowdown in growth more than offset gains in energy shares.

Harold Camping admitted one mistake on his Family Radio program: he got the nature of the judgment wrong.

The Pentagon is very encouraged by Wall Street's response to aerospace companies and arms makers, even as defense spending flattens, the top U.S. weapons buyer said on Tuesday.

U.S. President Barack Obama met Britain's Queen Elizabeth and her husband at Buckingham Palace on Tuesday. He is under a two-day state visit to keep the special relationship between United States and Britain.

NASA's sky cameras recently caught a massive meteor soaring over Georgia. Take a look of a few videos of the meteor.

While the feud over the Dodger's ownership among owner Frank McCourt and wife Jamie McCourt escalates, one other lawsuit has additionally heightened the already tense Dodger nation.

After the failed doomsday prediction, a new question arises in the hearts of doomsday anticipators - is the world going to end on October 21, 2011 or December 21, 2012? The numbers sound similar, but there is quite a gap in the reasoning behind them.

Sales of newly built single-family homes rose for a second straight month in April and supply was the lowest in a year, but an overhang of previously owned houses on the market could hobble recovery.

Oil rose 2 percent on Tuesday in choppy trading after Goldman Sachs raised its price forecasts for Brent crude, saying demand from economic growth will eat into stockpiles and OPEC spare capacity.

Europe's policy options to avert a Greek default are narrowing fast after the ECB and ratings agencies warned against even voluntary debt rescheduling and Athens highlighted its urgent need for more EU cash.

While the focus has clearly been on 'Doomsday' preacher Harold Camping and his predictions of a rapture and the end of the world, reports have also given a tangential glimpse at his wife.

A Russian software firm has reported that it cracked the encryption on an iPhone, though it requires possession of the device.

Barnes & Noble introduced its new Nook touch reader, analysts say it has impressive specs.

U.S. stocks dipped in light volume on Tuesday as lingering concerns about a slowdown in growth more than offset gains in energy shares.

Shares of newly public Russian Internet search company Yandex NV rose 50 percent on Tuesday, evidence of the same ardent investor interest that doubled LinkedIn Corp's share price after its initial public offering last week.

Barnes & Noble Inc unveiled a new e-reader on Tuesday that features a touch screen, weighs less than a paperback book and has a battery life of two months -- features designed to help it compete with Amazon.com Inc and Apple Inc.

French President Nicolas Sarkozy softened his usually tough stance on Internet regulation at a forum that brought together tech titans in Paris, but stark divisions remained on everything from privacy to copyright.

TiVo Inc , which makes digital video recorders, reported a quarterly profit, reversing a year ago loss, thanks to the blockbuster patent settlement it reached with Dish Network Corp and EchoStar Corp .

A planned modernization of the U.S. national power grid will cost up to $476 billion over the next 20 years but will provide up to $2 trillion in customer benefits over that time, according to industry experts.

Jimmer Fredette or Josh Selby join the list of basketball players the Knicks might choose with their first-round draft pick. Here's a look at a handful of possibilities for the Knickerbockers.

According to an employee working at Family Radio, 89 years old, Harold Camping has spent approximately $100 million to promote and advertise his May 21st Doomsday prediction.

Jorge Posada is the worst DH in baseball right now. But how do you bench a $13.1 million star? And who replaces him?

Chrysler Group LLC on Tuesday paid back $7.6 billion in U.S. and Canadian government loans from its 2009 federal bailout, a move that allows the U.S. automaker to distance itself from an unpopular bailout and deepen its ties with Italian automaker Fiat SpA.

A report from the Institute for Policy Studies says that the spent nuclear fuel currently stored in pools at dozens of sites in the U.S. poses a danger and should be moved into dry storage as soon as possible.

In less than 90 days, the debt crisis in Europe drove gold up more than 17.5% in 2010. If gold were to repeat the same pattern we saw last year, we could tack on 17%+ from today’s prices, putting the metal at over $1780 per ounce.