IBT Staff Reporter

A U.S. government regulator sued Kerry Killinger and two other Washington Mutual Bank executives accused of pioneering reckless home loans that led to biggest bank failure in U.S. history.

Sales of electronic books in January increased by more than 115 percent compared to the same time the year before, a report released by the Association of American Publishers said on Thursday.

Borders Group Inc is set to close another 28 of its superstores on top of the 200 locations it is already shutting down as part of its reorganization under bankruptcy protection.

Nike Inc plans to raise the prices on its shoes and sports clothing markedly in 2012 to cope with the rising costs of oil, cotton and transportation that are hurting its profitability.

The United Nations Security Council on Thursday voted to approve a no-fly zone over Libya and all necessary measures to protect civilians from attacks by forces led by Muammar Gaddafi.

Nike Inc posted a lower-than-expected quarterly profit on Thursday as the world's largest athletic shoe and clothing maker was hit by the rising costs of oil, cotton and other commodities, and its shares fell more than 5 percent.

Best-selling author Jane McGonigal is on a mission, spreading a message that playing games, whether electronic or physical, is not a waste of time but can improve lives and solve real world problems.

Now that Illinois has passed a law to collect sales taxes on items bought over the Internet, other states and big retailers are watching for the impact on other parts of the country.

A Senate committee will step up oversight of the government's unpopular TARP bank bailout program now it is losing one of its watchdogs, a top senator said on Thursday.

The New York Times will start charging for full access to its articles on phones, tablet computers and the Web, in a bold plan that risks alienating readers of its popular news website.

A Japanese company making galleys for the long-awaited Boeing <BA.N> 787 Dreamliner said delivery of the component could be delayed if gasoline becomes even more scarce after last week's earthquake and tsunami.

The New York Times will start charging for full access to its website as it takes another stab at getting readers to pay for news.

New York Times announces a paywall for its digital content.

A look at the effects of the radioactive elements that affect human health.

The yen edged off a record high against the dollar on Thursday ahead of a conference call by Group of Seven finance ministers on fears officials may soon intervene to rein in the currency's rapid rise.

People.com is reporting that actress Sandra Bullock donated $1 million to the American Red Cross to help with the earthquake and tsunami relief efforts in Japan.

Consumer prices increased at their fastest pace in more than 1-1/2 years in February as fresh data showed growth was accelerating, but underlying inflation pressures remained generally contained.

A number of Japanese companies have reported disruptions to their supply chains in the wake of the the earthquake there.

Broadcasters in the Muslim-majority nation refuse to play lines in the hit song that encourage public acceptance of homosexuality. The Broadcasters say they are being cautious because the government forbids offensive content.

The following is a White House transcript of remarks by President Barack Obama on the situation in Japan delivered from the Rose Garden at the White House on Thursday March 17, 2011.

President Barack Obama made a visit to the Japanese embassy in Washington D.C. on Thursday, an unannounced arrival meant to show how heartbroken America was over the tragedy Japan faces in the wake of a massive earthquake and tsunami which have killed thousands of people and triggered a nuclear crisis.

A look at what radioactivity is, and is not.

Consumer prices increased at their fastest pace in more than 1-1/2 years in February as fresh data showed growth was accelerating, but underlying inflation pressures remained generally contained.

Mosaid Technologies Inc filed a suit against several technology companies, including Intel Inc, Dell Inc and Research in Motion, for what it called patents violations of its Wi-Fi technology.

Japan is expected to step into the currency markets to curb the yen's surge to record highs against the dollar and has a better chance of success if it wins the blessing of the Group of Seven industrial nations.

Toshiba Corp said an assembly line in Japan making small liquid crystal displays would be closed for a month, and PC maker Lenovo Group Ltd voiced worries over parts, highlighting the threat to global supply chains from Japan's devastating earthquake.

A key Republican in the House of Representatives on Thursday said he would try for the third time to eliminate mortgage finance giants Fannie Mae and Freddie Mac within five years.

People.com confirms that Simon Cowell picked Antonio L.A. Reid as a judge for The X Factor.

U.S. officials in Japan will pay for the voluntary departure of any family members of diplomat at several locations in the country, amid growing concerns about radiation from a troubled nuclear plant in Fukushima, Japan.