IBT Staff Reporter

The board of the Internet Corporation for Assigned Names and Numbers has approved the .XXX web domain - making the internet's red light district a reality.

Sales of previously owned U.S. homes plunged in February and prices hit their lowest level in nearly nine years, indicating a housing market recovery was still a long way off.

A Duke University economist says that buying those March Madness tickets on game day might actually be cheaper.

Though impressive, the DS's performance is hampered by a paltry 5-hour battery life.

Nokia faces shortages of some phones due to disruption caused by Japan's devastating earthquake, although the mobile phone maker said the impact on earnings would be limited.

Deutsche Telekom AG said it would focus on organic growth and return cash to shareholders after agreeing the sale of T-Mobile USA to AT&T for $39 billion, lifting its shares to a two-year high.

Oil prices rose 1 percent on Monday as spreading unrest in the Middle East intensified concerns about potential threats to the region's oil supply and U.N.-mandated air strikes kept flow reduced from OPEC-member Libya.

AT&T Inc's bold $39 billion plan to snap up Deutsche Telekom AG's T-Mobile USA was applauded by investors, although worries about whether it will win approval limited the share rally.

With so much hype surrounding the upcoming Royal Wedding, it is no surprise that Lifetime is bringing the romance to life on the small screen.

Charles Schwab Corp will buy optionsXpress Holdings Inc , a smaller retail brokerage, in a $1 billion deal aimed at helping Schwab take advantage of investors' stronger embrace of options.

Nokia's strategy for entering the tablet computer market may not include Microsoft, its recently announced partner for smartphones, according to a person with knowledge of the company's thinking.

Oil prices rose more than 1 percent on Monday as U.N.-mandated airstrikes on Libya and spreading protests and unrest in the Middle East reinforced concerns about potential threats to oil supply from the region.

The current high rate of unemployment in the United States is primarily due to cyclical factors, not structural changes in the economy, according to researchers at the San Francisco Federal Reserve Bank.

Sprint has come out against the merger, citing dangers to competition.

U.S. stocks rose on Monday after AT&T said it would buy wireless rival T-Mobile, sparking expectations of more deal activity, even as Japan's outlook was expected to keep market uncertainty high for weeks.

Electronic health records are often discussed as a solution for developed nations, but a study from the Regenstrief Institute and the schools of medicine at Indiana University and Kenya's Moi University explores the impact of electronic records on medical care in a developing country.

AT&T Inc's bold $39 billion plan to snap up Deutsche Telekom AG's T-Mobile USA was applauded by investors, although worries about whether it will win approval limited the share rally.

Shoppers plan to wait until next year and beyond to spend generously again, a survey on Monday showed, in an early sign that rising gasoline prices could make the spring selling season tough for retailers.

Anadarko Petroleum Corp on Monday signed a $1.55 billion deal with state-owned Korea National Oil for one-third of the U.S. company's interest in the Eagle Ford shale in South Texas.

AT&T adds a 3-D phone to its lineup along with a Windows Phone 7 device.

The 17-year-old's documentary Never Say Never has officially beaten Michael Jackson's This is It at the domestic box office.

U.S. Secretary of Defense Robert Gates said on Sunday that the U.S. will not have the top role in military action Libya and is expecting that other nations in the coalition will take the lead, although the U.S. will continue to provide some military support.

Technical and regulatory hurdles would need to be overcome before the iPhone lands on T-Mobile's network.

Commodities trader Glencore is seen clinging on to plans for a bumper London listing by the end of May, despite global stock market uncertainty, according to a Reuters poll of fund managers.

The Supreme Court let stand a ruling that the U.S. Federal Reserve must disclose details about its emergency lending programs to banks during the financial crisis in 2008.

Sales of previously owned U.S. homes fell unexpectedly sharply in February and prices fell to their lowest in nearly nine years, an industry group said on Monday.

U.S. stocks advanced more than 1 percent on Monday after AT&T said it would buy wireless rival T-Mobile, sparking expectations of more deal activity, while investors kept close watch on Japan's nuclear crisis.

Sales of previously owned U.S. homes plunged in February and prices hit their lowest level in nearly nine years, implying a housing market recovery was still a long way off.

The Supreme Court let stand on Monday a ruling that the U.S. Federal Reserve must disclose details about its emergency lending programs to banks during the financial crisis in 2008.