IBT Staff Reporter

Japanese computer chip maker Elpida Memory Inc's Taiwan depositary receipts opened 0.9 percent higher than the offer price on their debut on Friday.

LOS ANGELES - The 1992 hit movie The Bodyguard is to be remade and updated to the world of celebrity stalkers in the Internet era.

Apple Inc released its new lineup of MacBook Pro notebook computers, featuring Intel's peppy new processors and graphics chips made by Advanced Micro Devices, helping boost the smaller chipmaker's stock more than 5 percent.

The Pentagon will announce later Thursday whether Boeing Co Co or Airbus parent EADS has won a contract worth up to $35 billion to build 179 new refueling planes for the U.S. Air Force.

Boeing Co won a $30 billion contract for 179 new U.S. Air Force refueling planes on Thursday, trumping arch rival Airbus parent EADS in a fiercely contested competition that began nearly a decade ago.

Ford Motor Co is positioned to navigate rising oil and gasoline prices with the launch of new compact, fuel efficient cars likely to gain market share, a top executive said on Thursday.

A U.S. regulator charged two financial firms and three individuals with violating federal securities fraud laws over an alleged portfolio pumping scheme to manipulate prices of several small U.S. stocks, generating more than $63 million of illegal proceeds.

When Oscar organizers unveiled their promotional campaign, You're Invited, they weren't kidding -- at least where Web audiences are concerned.

Boeing Co was the clear winner in a U.S. Air Force tanker competition, the Pentagon said on Thursday, surprising analysts who had expected Europe's EADS to win the deal.

Satellite television provider Dish Network Corp's posted deeper-than-expected subscriber losses for the fourth quarter as many customers canceled service after a dispute with Fox Network in October blacked out sports programs.

Gap Inc posted a rise in quarterly profit on Thursday that beat the expectations of analysts and boosted its dividend as the apparel retailer strives to spur sales growth at its main casual chain.

Ubisoft is reportedly bringing a sexy, kinky game to the Wii and PS3.

A silicon Valley startup has developed a way to give at least a few extra seconds warning.

Boeing Co has won a contract worth over $30 billion to build new refueling planes for the U.S. Air Force, beating out Europe's EADS, the Pentagon said on Thursday.

Bailed-out insurer American International Group Inc earned $11.2 billion in the fourth quarter on asset sales, but charges to expand its reserves for old asbestos claims pushed its underlying operations into another loss.

Huge U.S. corn and soybean plantings this spring will likely fail to refill razor-thin stocks enough to quell the surge in grain prices, the U.S. Agriculture Department said on Thursday.

International rescuers engaged in a wide-ranging search for earthquake survivors, just days after a strong 6.3 magnitude shock struck New Zealand's second largest city.

President Barack Obama and Treasury Secretary Timothy Geithner sought to quell fears on Thursday that unrest in Libya would put oil prices on a long term upward trajectory.

NEW YORK - It's official -- Eminem is the most liked living artist on Facebook.

Oil surged to 2-1/2-year highs near $120 a barrel on Thursday as the revolt in Libya choked exports, then eased as Saudi Arabia assured European refiners the kingdom could step in to fill any supply shortfalls.

The space ship successfully launched into orbit and reached for the stars one last time.

New claims for jobless aid fell last week, indicating labor market healing, but declines in new home sales and orders for a range of factory goods in January showed the recovery remains uneven.

Target Corp expects the pace of sales growth at established stores to double this year and predicted that entering Canada in 2013 and its branded credit card discount program could help it reach annual sales of $100 billion within seven years.

The Air Force will announce on Thursday the winner of an epic $35 billion procurement battle between Boeing and Airbus over 179 aerial refueling planes, its third attempt to start replacing a fleet of planes built before man first landed on the moon.

Oil sank from 2-1/2-year highs near $120 a barrel on Thursday in strong, late-day profit-taking following an unsubstantiated rumor Muammar Gaddafi had been shot and Saudi Arabia's assurances it can counter Libyan supply disruptions.

Bruised but not bowed, bulls staged a rebound on Thursday and helped stocks stabilize in a volatile session suggesting investors aren't ready to give up on the market's rally.

A senior U.S. Federal Reserve official said on Thursday he thinks it is time to consider tapering off or scaling back a $600 billion bond-buying program because of an improved economic outlook.

Boeing Co has won a contract to build new refueling planes for the U.S. Air Force, beating out Europe's EADS, the Pentagon said on Thursday.

Toyota Motor Corp said on Thursday it was recalling nearly 2.2 million vehicles over the risk that the accelerator pedal could be trapped by loose or misplaced carpet on the driver's side.