IBT Staff Reporter

The Auburn School committee has decided to pilot test the use of the latest Apple iPad2 as a tool for learning for kindergarteners in Maine School district. Children will soon be digitally literate as well,in fact more literate than their parents themselves.

Now it is hedge fund manager Raj Rajaratnam's lawyers' turn to make their case at his insider trading trial on Monday that the government was wrong to accuse him of conspiracy and fraud.

German luxury carmaker Audi has released the details of all all-electric Audi A3 e-tron concept, a vehicle that will hit the market sometime in the near future. The electric car is based on the 2011 Audi A3 Sportback.

South Korea's financial watchdog launched an investigation on Monday into the leak of personal information from South Korea's Hyundai Capital, the consumer finance unit of Hyundai Motor Group, a Financial Supervisory Service official said.

One month ago, a massive 9.0 earthquake and one of the worst tsunamis in history struck northeastern Japan. Many people in the most impacted areas still have immediate needs for shelter and supplies.

The Raine Group, the boutique investment bank started by two former Wall Street dealmakers, has received new investments from three media and technology executives, the Financial Times reported on Sunday.

Sharp Corp expects to keep production suspended at two Japanese liquid crystal display panel plants until early May, as it grapples with unstable supplies of industrial gases after last month's devastating earthquake, a company spokeswoman said on Monday.

Bank of Japan Governor Masaaki Shirakawa on Monday reiterated that Japan's economy is likely to return to a recovery path once supply constraints caused by last month's earthquake and tsunami ease, and as exports grow.

David Plouffe, one of President Barack Obama’s closest advisors, said Sunday that potential 2012 presidential candidate Donald Trump has ‘no chance’ of being elected to office.

Nasdaq OMX Group and IntercontinentalExchange responded late Sunday to NYSE Euronext's rejection of their joint proposed bid, reaffirming that their cash and stock offer is superior to the offer submitted by rival Deutsche Boerse AG.

An African Union delegation will head to the rebel stronghold in Benghazi, Libya on Monday after Libyan leader Muammar Gaddafi accepted a peace plan offer which calls for a ceasefire.

Alliance Data Systems Corp could face costs and lost sales of $100 million or more as it tries to recover after hackers stole reams of names and email addresses from its Epsilon marketing unit.

NYSE Euronext stuck to its deal with Deutsche Boerse AG over a higher takeover bid from Nasdaq OMX Group, calling the rival offer too risky and counter to the Big Board's vision.

Warner Music Group's board is expected to review second-round bids for the company at a meeting in the coming week, a source familiar with the matter said.

NYSE Euronext chose its deal with Deutsche Boerse AG over a higher, rival takeover offer from Nasdaq OMX Group and IntercontinentalExchange Inc, dealing the latest blow in what could be a drawn-out bidding process.

The chief executive of Glencore was quoted on Sunday as saying that the launch of an initial public offering by the global commodities trader was imminent.

Worldwide military spending edged up in 2010 to a record $1.6 trillion, a leading think-tank said on Monday.

While the world watches revolutions in the Arab world and a nuclear crisis in Japan, the Group of 20 is engrossed in an esoteric debate over something called indicative guidelines.

NYSE Euronext chose its deal with Deutsche Boerse AG over a higher, rival takeover offer from Nasdaq OMX Group and IntercontinentalExchange Inc, dealing the latest blow in what could be a drawn-out bidding process.

NYSE Euronext's board on Sunday rejected an unsolicited takeover bid by Nasdaq OMX Group Inc and IntercontinentalExchange Inc, and affirmed its plan to merge with Deutsche Boerse AG.

Investors will look to corporate profits and outlooks this week for confirmation the S&P 500 has another leg to its rally as the earnings season gets under way.

Backing money with gold isn't the problem for the legion of policy-makers and economists running the official monetary system. Raising interest rates is.

With one budget fight behind him, President Barack Obama will offer a long-term plan for deficit reduction this week in preparation for bigger U.S. spending battles ahead, the White House said on Sunday.

The average price for a gallon of gasoline in the United States has moved closer to $4, jumping more than 19 cents since mid-March to a level less than 10 percent below its all-time high, a widely followed survey said on Sunday.

President Barack Obama will announce later this week deficit reduction targets and a timeline to reach them, White House adviser David Plouffe said on Sunday.

France's intelligence services have unearthed a case of suspected industrial espionage at an engine subsidiary of French aerospace and defense firm Safran, Le Monde newspaper said in its weekend edition.

With one budget fight behind him, President Barack Obama will offer a long-term plan for deficit reduction this week in preparation for bigger U.S. spending battles ahead, the White House said on Sunday.

Iceland faces more economic uncertainty and a drawn-out European court case after its voters rejected for a second time a plan to repay $5 billion to Britain and the Netherlands from a bank crash.

Sebastian Vettel grabbed his second win in two races in an action-packed Malaysian Grand Prix, while Jenson Button and Nick Heidfeld followed behind in second and third.