IBT Staff Reporter

The U.S. national debt hit $14.3 trillion, reaching its legal borrowing limit on Monday.

LinkedIn Corp's shares more than doubled in their public trading debut on Thursday, evoking memories of the investor love affair with Internet stocks during the dot-com boom of the late 1990s.

Tokyo Electric Power Co is set to book a record annual net loss on Friday due to the accident at its Fukushima Daiichi nuclear plant and its top executive will resign to take responsibility for the handling of the crisis, Japanese media reported.

Weak data on U.S. home sales and factory activity showed an economy stuck in low gear although a drop in claims for jobless aid offered hope the labor market's recovery was on track.

Chrysler Group LLC detailed terms of a bond offering and term loan on Thursday that will be used to repay high-cost government loans and put the U.S. automaker on firmer financial ground.

A blog post by the U.S. Centers for Disease Control and Prevention that mentions a zombie apocalypse as a lighthearted way to get Americans to read about preparing for hurricanes drove so much traffic that it crashed the website, the agency said Thursday.

McDonald's Corp spurned calls to assess the impact of its food on childhood obesity, and said its trademark clown Ronald McDonald would be hawking Happy Meals to kids for years to come.

The tough task of selling electronics should ease up a bit as shoppers scoop up tablets and television prices stop plunging, the head of Wal-Mart's U.S. entertainment division said on Thursday.

Verizon Wireless expects to offer family plans at some point in the future for data services supporting multiple devices including smartphones and tablet computers, according to a top executive of parent company Verizon Communications.

Facebook CEO Mark Zuckerberg is planning to make his second visit to China as the world's No. 1 social networking company looks for the best way to expand into that country.

USP or 'Universidade de São Paulo', Brazil's top university, witnessed a disturbing scene this Thursday evening(BST-Brasilia Standard Time) as a student just outside the department facility was head-shot as he was preparing to enter his bullet-proof car.

Liquigas-Cannondale's Peter Sagan was just biding his time. Sagan's incredible draft off the side of Team Sky's Ben Swift and HTC's Leigh Howard powered him to victory on Stage 5 of the 2011 Amgen Tour of California, after a long day that pushed all the riders to their limit.

Chrysler Group LLC detailed terms of a bond offering and term loan on Thursday that will be used to repay high-cost government loans and put the U.S. automaker on firmer financial ground.

U.S. stocks edged higher on Thursday, with LinkedIn one of the few standouts in an otherwise lackluster session as its shares doubled in their trading debut.

Bank of America Corp is selling its remaining BlackRock Inc stake back to BlackRock for $2.5 billion, its latest step to prepare for new industry capital requirements.

The Los Angeles Dodgers organization has been in near turmoil since Frank and Jamie McCourt announced their divorce in 2009. The divorce proceedings have dramatically affected the Dodgers causing virtual chaos in the organization.

U.S. May auto sales are off to a dismal start as lower sales incentives, thinner inventories and high gasoline prices are curbing consumer purchases, J.D. Power and Associates said on Thursday.

If you still don't know who Janice Dickinson is, this should slightly remind you: A successful American model throughout the 70s and 80s who now claims to be the first supermodel ever and capable of carrying out odd acts in order to capture any media attention.

The zany hat Princess Beatrice wore to Britain’s royal wedding last month, is up for sale for £20,200, or more than $30,000 on eBay.

The delinquency rate for U.S. mortgages payments significantly overdue fell sharply in the first quarter, reaching the lowest level since early 2009, an industry group showed on Thursday.

Dillon Gee shut out the Washington Nationals for six and 2/3 innings and Justin Turner drove in a run with a single to center field to give the New York Mets a 1-0 win this afternoon at Citi Field.

The number of jobs in New Jersey increased by 14,000 during the month of April, the state's Department of Labor and Workforce Development announced Thursday. It was the third consecutive month that the Garden State recorded job growth. The state added 13,400 private-sector jobs and 600 public jobs, while the unemployment rate remained 9.3 percent.

Google disclosed plans to make its social search available to global users in 19 languages over the next week, and more languages later.

Playboy will be available online, uncensored, and on the iPad thanks to a new app.

In just the first few hours of trading, LinkedIn's stock has skyrocketed in its debut initial public offering on Thursday due to high demand.

OK! Magazine is reporting that child actress Gigi Goyette is coming forward to reveal that she had an intimate relationship with Arnold Schwarzenegger.

Mark DeRosa's freak re-injury of his wrist in the batter's box on Wednesday puts the San Francisco Giants' already limited infield in a worse position. The injury occurred while DeRosa was waiting for a pitch from Clayton Kershaw, when he suddenly fell down in pain for no apparent reason.

After yesterday's much heated game between the Bulls and the Heat, there will be much to anticipate in Game 3 in what looks to become one the fiercest series the NBA Playoffs has ever seen.

Television camera crews have lined up outside Mildred Patricia Baena's house all day in hopes of a comment regarding the scandal involving Arnold Schwarzenegger.