IBT Staff Reporter

PlayBook carries RIM's hopes that the device will vault it over Android and Apple's iPad, to position it as a tablet of choice. However, RIM's answer to Apple's iPad and Motorola Xoom and hundreds of other tablets comes in bit late.

Bank of America Corp posted an unexpectedly sharp drop in first-quarter profit as higher expenses from delayed home foreclosures weighed on its mortgage business.

Congress on Thursday passed a budget that covers the next five and half months, sealing last week's deal to avert a shutdown, with President Barack Obama set to sign it into law.

Dow and S&P index futures pointed to a flat open on Friday as a gauge of inflation offset disappointing financial results from Bank of America Corp .

Rising food and gasoline prices lifted U.S. consumer inflation as expected in March, but underlying inflation pressures remained contained, a government report showed on Friday.

Nintendo Co said the 3DS device has made a good start with 440,000 units sold in the US in a weeks’ time. Launched on March 27, Nintendo 3DS has successfully out-performed its Wii.

With his contract expiring in the summer, the recently sustained shoulder injury and crossing the 30 years mark, Owen Hargreaves' Manchester United career may well be over before it actually took off.

Rising food and gasoline prices lifted U.S. consumer inflation as expected in March, but underlying inflation pressures remained contained, a government report showed on Friday.

Wikipedia is accurate according to a recent study by a BYU professor.

BP's annual shareholder meeting was disrupted by campaigners protesting against the oil giant's role in the Gulf of Mexico spill, while investors registered their disapproval with big votes against directors.

S&P futures turned flat on Friday after being negative as U.S. core consumer prices were below expectations for March.

Stock index futures were little changed on Friday after Bank of America Corp said mortgage-related costs added to a drop in profit, giving investors more reason to be cautious about earnings.

Moody's cut Ireland's sovereign rating by two notches to the verge of junk status on Friday and kept its outlook on negative, pushing the euro lower and adding to renewed pressure on the euro zone's weaker countries.

China's turbo-charged growth eased just a touch in the first quarter, while its inflation jumped to a 32-month high, putting pressure on the government to do more to rein in prices and keep the economy on an even keel.

Bank of America Corp posted an unexpectedly sharp decline in first-quarter profit, plagued by losses in the mortgage business, and the bank named a new chief financial officer.

Stock index futures fell slightly on Friday after Bank of America Corp reported a sharp drop in earnings, adding to investors' caution shortly after the start of the earnings season.

World number one Rafael Nadal made it 34 unbeaten matches at the Monte Carlo Masters as he progressed to the quarter finals with a straight-set victory against Frenchman Richard Gasquet, while Roger Federer progressed after beating Marin Cilic.

China and India reported higher-than-expected inflation readings on Friday, giving fresh ammunition to central bankers and investors alike who are worried about mounting price pressures in the global economy.

An attempt by Rupert Murdoch to draw a line under an escalating phone-hacking scandal looked set to fail on Friday with a host of lawyers going to court to join forces against his British newspaper publishing arm.

RIM's PlayBook tablet bombed with influential technology reviewers who called the iPad competitor a rushed job that won't even provide RIM's vaunted email service unless it's hooked up to a BlackBerry.

Stock index futures pointed to a lower open for Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq all down around 0.2 percent by 0819 GMT.

A new study shows that 17 percent of the United States’ imported oil for transportation could be replaced by biofuel made from algae.

BP's Russian partners in TNK-BP said on Friday they expect sensible proposals from the British oil major to resolve the deadlock over BP's deal with Rosneft.

Some of the pharmaceuticals intended to treat minor illnesses of astronauts in space may have shorter shelf-life than they do on Earth, finds a new study.

Speaking to Ryan Seacrest after her 'American Idol' performance Thursday night, R&B singer Rihanna revealed that fans would be real VIPs in her upcoming tour.

IT firm Micro Focus Intl parted company with chief executive Nigel Clifford on Friday, leaving chairman Kevin Loosemore to take control at the British firm which issued a third profit warning in February.

A memo released online by the Federal Bureau of Investigation in its 'Vault' has emerged as proof for the famed landing -- or crash or capture -- of a flying saucer with three dead aliens in Roswell in New Mexico in June 1947.

The original 'American Idol', Kelly Clarkson returned to the stage where it all began for her to perform 'Don’t You Wanna Stay' with country singer Jason Aldean.

A new study validates Wikipedia as a reliable place to get a political education. The more an issue is talked about, the more people are battling over it on Wikipedia, finds the study.