IBT Staff Reporter

Irish Prime Minister Enda Kenny said on Wednesday he would press for lower interest rates for Dublin's EU/IMF bailout but insisted higher corporate taxes would not be part of any such deal.

Renren's successful IPO could be the curtain raiser for what is to come if the world's No. 1 social networking site, Facebook, goes public next year.

Avon Products Inc faces more woes as its internal bribery investigation found that the company may have made improper payments in countries besides China, the Wall Street Journal reported on Wednesday.

Electronic Arts Inc, the video game publisher known for its FIFA and Madden: NFL franchises, said its quarterly outlook and revenue rose, sending its shares about 3 percent higher.

Al-Qaeda, which means the Base in arabic is an international terrorist network founded by Osama bin Laden in the late 1980s. It's biggest and most well known attack are the September 11, 2011 attacks in the United States which launched a warn in Afghanistan to destroy its bases and overthrow the Taliban, the ruling government which harbored Bin Laden.

Inflation remains well under control, despite the spike in oil prices, but the Federal Reserve stands ready to raise interest rates if price pressures appear to be getting out of hand, top Fed officials said on Wednesday.

Electronic Arts Inc, the video game publisher, said its quarterly outlook and revenue rose, driven by sales of games Crysis 2 and Dead Space 2, sending its shares about 1.4 percent higher.

Apple Inc on Wednesday released a software update to fix a problem that enabled its mobile devices to collect and store customers' location data, making good on a promise it made last week.

With so many automotive industry companies posting stronger-than-expected earnings, investors are wondering what is the next chapter in General Motors Co's comeback story.

General Motors Co will revamp a Kentucky factory to produce a new version of the iconic Chevrolet Corvette sports car that will look completely different from the current version, the automaker said on Wednesday.

Mortgage finance giant Freddie Mac on Wednesday said it lost just short of a billion dollars last quarter, though it did not ask taxpayers for more aid as the loss stemmed from interest payments to the government.

News Corp missed Wall Street profit expectations on weaker movie box office output compared to a year ago and struggling newspapers despite a strong performance by its cable and television business.

Procter & Gamble is changing how it makes its Pampers Cruisers and removing the words Dry Max from the package, a year after a highly-touted diaper revamp led to consumer complaints of blistered baby bottoms.

The United States is not heading into a sustained bout of high inflation, a top Federal Reserve Bank official said on Wednesday, despite a recent surge in energy and food prices that is sparking fears of 1970s-style price rises.

The trustee in charge of recovering funds for victims of Bernard Madoff asked a bankruptcy judge to allow him to begin payments, 2-1/2 years after the imprisoned swindler's Ponzi scheme was uncovered.

Avon Products Inc faces more woes as its internal bribery investigation uncovered the company may have made improper payments in countries besides China, the Wall Street Journal reported on Wednesday.

Oil prices fell to their lowest in two weeks on Wednesday, hit by a build in U.S. crude stocks and a broad decline in commodities after weak U.S. economic data and concerns over tighter Chinese monetary policy.

Computer hackers are exploiting the fascination with the death of Osama bin Laden to spread malicious software through scams that promise access to videos of the historic killing.

China announced a new State Internet Information Office on Wednesday to unify the squabbling agencies that oversee the Chinese Internet, which Beijing views as both a potential gold mine and a political threat.

A single trade in Apple Inc shares far below where the stock had previously been priced on Wednesday was canceled, said a spokesperson at the exchange where it was generated.

Portugal's two key opposition parties signaled after meeting European and IMF officials on Wednesday they will back a 78-billion-euro bailout that is expected to consign the economy to two years of recession.

New details and photos of the raid carried out by the U.S. special ops forces on Sunday that killed dreaded terrorist Osama bin Laden have emerged and they both have failed to lift the fog of confusion as to how exactly bin Laden was killed and who were the men that died with him.

Marie Osmond has remarried her first husband, Steve Craig in a low-key wedding which reunites a pair who initially married 30 years ago.

Intel unveils a new transistor design, which it says will revolutionize the electronics industry.

The State of California is looking to implement a Do Not Track law, which could influence the national legislation.

World renowned musician Prince has reportedly fallen behind $368,382 on the mortgage to his former home in Chanhassen, Minnesota, which now faces a foreclosure auction.

New York City offers much to do including great bargains on spring outings.

The jury in Raj Rajaratnam's insider trading trial started to consider the case anew after one panelist was excused for medical reasons and replaced, while the ailing hedge fund founder was absent from court.

Renren's spectacular IPO could be the curtain raiser for what is to come if the world's No. 1 social networking site, Facebook, goes public next year.