IBT Staff Reporter

Apple Inc refreshed its lineup of iMac desktop computers with new Intel Corp processors that is says are up to 70 percent faster.

Vulture is reporting that CBS's NCIS will be the first prime-time TV show to work Osama bin Laden's death into an episode.

Wikileaks creator Julian Assange gives a rare interview and says Facebook, Google, Yahoo! have built-in interfaces for US intelligence.

Nokia, the world's largest phone maker by volume, has started to look for a new chairman to succeed long-time leader Jorma Ollila, who will step down next year.

When it comes to handing out credit for the killing of Osama Bin Laden, some are saying President George W. Bush should get some, although when his time came to speak, the former President didn't mention himself and congratulated President Obama, the military and intelligence personnel.

Pfizer Inc reported disappointing revenue for Lipitor and other medicines, exposing the risks the world's biggest drugmaker faces if it sells better-performing units like its nutritional products business.

Sergio Busquets is accused of making a racist comment directed at Brazilian Marcelo.

The United States sued Deutsche Bank AG, accusing the German bank and its MortgageIT Inc unit of repeatedly lying to be included in a federal program to select mortgages to be insured by the government.

Oil prices slipped on Tuesday in volatile trade reacting to the dollar's seesaw trajectory and as an interest rate increase by India weighed on expectations for oil demand growth.

Investors pulled back some of their exposure to equities in April, buying bonds and turning to safe-haven cash amid worries that global economic growth could falter from its rapid pace, Reuters polls showed on Tuesday.

Research In Motion will use Microsoft's Bing search engine and maps as default options on its new BlackBerry devices, a victory for the software giant as it eyes the booming mobile phone market.

Alcoa Inc shares rose 3.6 percent on Tuesday and activity in the options market surged on market talk that Rio Tinto was lining up a bid to buy the U.S. aluminum company.

MetroPCS Communications posted a higher quarterly profit on stronger-than-expected customer growth, sending its shares up as much as 9 percent.

The mummified body of 'Attack of the 50 Foot Woman' star and ex-Playboy model was found in her Los Angeles home last week.

Ally Financial Inc, the former General Motors Acceptance Corp, posted lower quarterly profit, hurt by bad mortgages made before the housing crisis.

General Motors Co and Ford Motor Co reported strong U.S. sales gains in April, as high gasoline prices drove consumer demand for fuel-efficient cars.

Osama bin Laden, the man who masterminded the deadly Sept. 11 attack, a pariah to the Western world and celebrated by many in the Arab world is dead and buried in sea but his ignominious legacy lives on.

The full list of Tony Awards nominees

Shares of LivePerson Inc fell more than 15 percent on Tuesday, a day after the Web-based software maker reported a market-beating first-quarter profit but gave muted second-quarter and full-year outlooks.

U.S. agricultural processor Archer Daniels Midland Co reported higher third quarter earnings on Tuesday on strong results from its corn and oilseed processing segments.

Research In Motion said on Tuesday it would give out more than 6,000 PlayBook tablet computers to participants at its BlackBerry World conference in Orlando, Florida.

Los Angeles County Superior Court Judge Michael Pastor has delayed the high-profile manslaughter trial of pop star Michael Jackson's doctor Dr. Conrad Murray until September in the interest of justice.

Honda Motor Co Ltd expanded an earlier recall of Honda and Acura vehicles over replacement airbags that could deploy with too much pressure, causing injuries or fatalities, the company said on Tuesday.

U.S. factory orders surged in March, posting a fifth straight monthly increase that showed a healthy manufacturing sector well placed to support economic recovery.

A former Goldman Sachs Group Inc programer, sentenced to eight years in prison for stealing part of the bank's high-frequency trading code, should never have been charged, his lawyer argued on Tuesday in a bid to have him released while he appeals.

The S&P and Nasdaq declined on Tuesday as investors sold commodity-related shares, and saw the market digressing further from its recent rally.

Apple announced an overhaul to the iMac with new features and a new processor.

Pfizer Inc reported disappointing quarterly revenue on declining demand for its prescription medicines, exposing the risks the world's biggest drugmaker would face if it sells better-performing units like its nutritional products business.

Mean Girls star Lindsay Lohan, who is set to serve 360 hours of community service at the Downtown Women's Center, a homeless shelter, by conducting a theater workshop for underprivileged women, seems to be drawing more attention for her outfit than her acting skills.