IBT Staff Reporter

Telecom equipment maker Alcatel-Lucent sees no end in sight to booming demand in the United States as major operators invest to keep up with a data overload driven by smartphones and streaming video.

Here is a list of the country’s 10 best cities for bachelors, according to a recent survey by Rent.com.

Larger financial firms should face more onerous regulatory requirements to make sure they can withstand turbulence in economy or credit markets, Federal Reserve Chairman Ben Bernanke will say on Thursday.

Oil prices tumbled over 4 percent on Wednesday after an unexpected rise in gasoline stocks amid slowing demand sent prices into a tailspin, triggering a five-minute halt in trade and fueling the second big commodities sell-off in a week.

Intel Corp said on Wednesday it plans to sell up to 10 million shares of wireless service provider Clearwire Corp to book certain tax benefits.

Check out a summary of quotes that have been made during the Sony hacking, PlayStation network ordeal.

American International Group and the Treasury said they will sell around $9 billion in AIG stock, suggesting the government's exit from its crisis-era investment will be slower and less profitable than originally thought.

Hedge fund founder Raj Rajaratnam was found guilty on all 14 counts of insider trading in a sweeping victory for the government and its aggressive use of phone taps to prosecute Wall Street crimes.

Stocks nearly erased a three-day rally on Wednesday as energy and other commodity shares sank, feeding worries about the market's ability to stay on its upward path.

Minneapolis Federal Reserve Bank President Narayana Kocherlakota on Wednesday repeated his call for a half-percentage-point interest rate hike by year-end, lending his weight to what still appears to be a minority view at the U.S. central bank.

Oil prices tumbled 4 percent on Wednesday, dragged down by a plunge in gasoline futures that triggered a brief halt in trade on the New York Mercantile Exchange.

Popular interior design from contemporary, traditional, chic, and art & craft styles.

NASA captures images of Vesta, a large asteroid in the asteroid belt between Mars and Jupiter.

Alibaba Group's latest message to Yahoo sounds a lot like the last one: it wants its shares back.

A security measure that Sony Corp installed made one of the official PlayStation websites unavailable in Japan.

Troubled actress Lindsay Lohan pleaded no contest to misdemeanor theft through her lawyer on Wednesday. By doing this, she avoided jail time but received 120 days of house arrest instead.

Top executives of AT&T Inc and T-Mobile insisted on Wednesday their proposed merger would benefit consumers and rejected criticisms that it would stifle innovation.

A surge in income tax receipts helped cut the U.S. monthly budget deficit in half in April compared to a year ago, figures issued by the Treasury Department on Wednesday showed.

Stocks dropped on Wednesday, ending a three-day rally, as energy and other commodity shares sank, fueling worries about the market's ability to pursue its upward path.

At least 10 people have died in collapsed buildings and dozens have been injured in the city of Lorca in southeastern Spain after a 5.1 magnitude earthquake struck, according to officials.

Mets clubhouse manager Charlie Samuels was arrested for looting $2.3 million. According to the New York Times, the charges were not immediately clear. However, New York police detectives and prosecutors have focused on what people have reported as a pattern of theft over several decades of sports memorabilia.

Google unveils a laptop line specifically catered for its Chrome OS. The first two laptops were built by Acer and Samsung.

Hedge fund manager Raj Rajaratnam was found guilty on 9 counts of securities fraud and five counts of conspiracy.

Much buzz surrounded the fascinators worn at the wedding by the guests. The fascinator worn by Princess Beatrice truly caught the attention of the public. People now have the opportunity to own that very same fascinator.

Samsung and Acer Inc laptop computers using Google's Chrome operating system will go on sale in June, as the world's No. 1 Internet search engine tries to entice people to do more on the Web.

President Barack Obama's push for comprehensive changes to the nation's immigration laws that would allow more than 11 million people in the country illegally to remain in the country was met with skepticism by Arizona's governor, who said it would be a shame if it was a ploy to get votes in the 2012 presidential election.

Angelina Jolie and Jack Black promote film at Cannes, and discuss the maternity dress Angelina sent to Jack's wife.

The three major U.S. credit rating agencies won the dismissal of lawsuits seeking to hold them liable as underwriters for helping banks structure securities transactions to achieve desired ratings.

The popular mobile based game is now headed to web browsers.