IBT Staff Reporter

A one-bedroom trailer in Malibu near ‘Baywatch beach’ is currently on the market for more than $2 million.

By Rob Cox and Robert Cyran, Reuters Breakingviews

The lizamoon scareware attack got a lot of attention because it supposedly infected a 1.5 million web pages, but some experts are now saying the effect was likely orders of magnitude smaller.

March sales at U.S. retail chains probably dropped modestly, held back by the combination of a later Easter and higher gasoline prices.

Republicans and Democrats failed to reach agreement on Tuesday during White House talks aimed at forging a budget deal that would keep the U.S. government operating beyond Friday.

Corrects throughout to show that weighting changes are by percentage points, not percent

The U.S. services sector growth slowed in March, according to an industry report released on Tuesday.

Wednesday, April 5 marks the 17th anniversary from the day the lead singer and guitarist of Nirvana, Kurt Cobain took his own life by shooting himself in 1994.

Brent crude jumped to a 2-1/2 year peak above $122 a barrel on Tuesday, gaining for a fourth day as conflict and unrest in Africa and the Middle East more than offset China's latest interest rate hike.

According to a new report from Symantec cyber criminals aimed at big business with targeted attacks.

House Speaker John Boehner did not reach a deal at a meeting at the White House with President Barack Obama and Senate Democrats to fund the federal government for the rest of the fiscal year, his office said on Tuesday.

Stocks rose on Tuesday, led by tech shares after the proposed merger of two major semiconductor companies and an updating of a key Nasdaq index attracted buyers to the sector.

SpaceX unveiled its latest rocket, called the Falcon Heavy, the most powerful launcher ever built by a private company.

NGP, the successor to Sony's PlayStation portable, is planned for a late 2011 release - but delays may force Sony to push the device's release into 2012.

Internet video company Hulu is on track to nearly double its revenue to $500 million and bring its subscriber count to more than 1 million this year, its top executive wrote in a blog post on Monday.

Diamond Foods Inc will buy Pringles from Procter & Gamble Co for $1.5 billion in stock, snagging a global brand that will more than triple the size of its snack foods business.

With the days of planting flags across the globe long gone, western European telecoms are unlikely to rush to merge even as deep-pocketed emerging market rivals entertain deals at the edges of their territory.

Republicans in the House of Representatives have proposed a 2012 fiscal budget that is 4.6 percent smaller than President Barack Obama did in Mid-February.

A bankruptcy auction for movie rental chain Blockbuster Inc kicked off with a $284 million bid from Dish Network Corp on Tuesday, quickly topped by bids from rival groups led by billionaire Carl Icahn and hedge fund Monarch Alternative Capital

Procter & Gamble Co will sell its Pringles potato chips business to Diamond Foods Inc for $1.5 billion in stock, creating a new snack foods giant and freeing the consumer products company to focus on cosmetics and healthcare products.

Bailed-out insurer American International Group is working hard to invest cash it set aside for a failed deal to buy back assets from the Federal Reserve, Chief Executive Bob Benmosche said on Tuesday.

New international bank capital standards are excessive and may impede economic growth, JPMorgan Chase Chief Executive Jamie Dimon warned on Tuesday

U.S. stocks advanced on Tuesday as a large acquisition helped lift positive sentiment and offset another rate hike in China.

Nasdaq on Tuesday announced a rebalancing of its benchmark Nasdaq 100 index next month that will slash Apple Inc's weighting and add to market volatility.

Credit rating agency Moody's cut Portugal's sovereign debt by one notch on Tuesday, saying it believed an incoming government would need to seek financing support from the European Union as a matter of urgency.

Blockbuster Inc has received five qualifying bids at a bankruptcy auction that will determine whether the movie rental chain will stay in business or shutter its roughly 1,700 remaining stores, a lawyer for the company said.

DuPont faces a tough task to convince shareholders of Danish group Danisco to accept its $6.4 billion offer, even after it cleared another hurdle by gaining European Union approval for the deal.

Via the service, GameStop will allow Power Up Rewards members to stream games directly to tablet computers like the iPad and Motorola Xoom.

Texas Instruments' major deal for National Semiconductor has drawn criticism and praise.