IBT Staff Reporter

A federal appeals court has ruled that former classmates of Facebook founder Mark Zuckerberg must abide by a deal they made when they fought Zuckerberg over ownership of the idea for a social networking site.

According to a leaked page from Verizon's internal system, the Incredible 2, set to be released via Verizon, will be a world phone compatible with both GSM and CDMA networks.

Nasdaq OMX Group was unbowed on Monday after NYSE Euronext's board rejected its takeover offer in favor of a lower bid from Deutsche Boerse, while the German company looked set to stand pat as the battle for the Big Board intensified.

The snow blowers are coming back to Wal-Mart stores in Minnesota.

Actress Demi Lovato released an explanation of what exactly the physical and emotional issues she was dealing with were in an article in Seventeen magazine.

A mortgage broker, whose secret recordings of two friends who prosecutors say were trying to cover up one of the biggest U.S. insider trading cases on record, pleaded guilty to involvement in the 17-year scheme.

Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said on Monday.

Thai 'red shirts' on Sunday recalled their deadly clashes with government security forces on April 10, 2010 even as the country looks forward to elections in May, five years after a military putsch ousted still influential former Prime Minister Thaksin Shinawatra.

Rupert Murdoch's News International has asked nine people who claim their phones were hacked by the newspaper group to provide more evidence, after apologizing for the first time to eight others on Friday.

Avatar director James Cameron on Monday announced a new venture aimed at making 3D technology cheaper and more accessible to filmmakers and television networks.

Stocks slid on Monday as energy shares sold off on lower crude oil prices and on fears that corporate earnings may not justify a big run-up in stocks.

Two of the Federal Reserve's most powerful officials said on Monday the U.S. central bank should stick to its super-easy monetary policy, arguing inflation is not a threat and unemployment remains too high.

Oil prices slumped on Monday, pulling back from 32-month peaks on concerns about high prices eroding demand and threatening economic recovery as investors eyed attempts to halt Libya's conflict.

Intel Corp introduced a processor for tablet computers to stake out territory in the exploding mobile market dominated by Britain's ARM Holdings.

A mortgage broker who secretly recorded two friends who prosecutors say tried to cover up one of the biggest U.S. insider trading cases on record pleaded guilty to involvement in the 17-year scheme.

Lawyers for Galleon hedge fund founder Raj Rajaratnam called two witnesses at his insider trading trial on Monday in an effort to undermine the credibility of a former employee who testified against him.

Thousands of anti-government protesters in Thailand clad in red shirts who are seeking the end of five years of military rule, gathered near Democracy Monument in Bangkok on Sunday on the first anniversary since violent clashes with Thai security forces.

UBS AG was ordered by a regulator to pay nearly $11 million to settle charges it misled customers about the safety of Lehman Brothers Holdings Inc debt before that bank went bankrupt.

Rumors are circulating the Internet that former American Idol contestant Pia Toscano is dating Dancing With the Stars heartthrob Mark Ballas.

Panasonic Corp plans to enter the microelectromechanical systems market and develop and commercialize MEMS sensors and devices from this year, the Nikkei business daily reported.

The scramble by global food companies into India's fast food sector intensified on Monday as several U.S. chains announced plans to enter the country, hoping to tap the surging spending power in Asia's third-largest economy.

UBS AG was ordered by a U.S. regulator to pay nearly $11 million in fines and reimbursements to compensate investors it misled about the safety of debt issued by Lehman Brothers Holdings Inc before that bank went bankrupt.

The Navy has made a significant step in laser defense with its Maritime Laser Demonstrator system.

The hacktivist group Anonymous is planning a set of sit-ins at Sony stores on April 16, in response to the company's legal actions against hacker George Hotz.

Liverpool host Manchester City in the English Premier League in a match which could decide who plays European football next season.

The economic recovery is so sluggish that the Federal Reserve needs to keep easy money policies in place while the government comes to grip with its debts, the International Monetary Fund said on Monday.

Stocks were little changed on Monday as investors awaited companies' quarterly results to see if earnings would be strong enough to spark further gains in equities.

The world's largest bond fund began betting against U.S. government debt last month on the expectation that shaky finances will jolt interest rates higher.

Technical innovation, superb construction, original finishes, reconfigured materials – the Spring/Summer 2011 Emporio Armani menswear collection is a statement of contemporary values. The fabrics are lighter, reduced, transformed. There is a loose featherweight weave for a stunning take on the blazer, coated yarns for constructed gilets that are virtually jackets, and trenches as lightweight as shirts. These are genuine objects of desire for a completely refreshed wardrobe.