IBT Staff Reporter

Larry Ellison, an American business magnate, co-founder and chief executive officer of Oracle Corporation, has bought the 249-acre estate that once belonged to Yellowstone Club founders Tim and Edra Blixseth called Porcupine Creek in Rancho Mirage, Calif.

Many U.S. consumers have no choice and are held captive to home mortgage-related companies that are often aggressively fast, commit errors in paperwork and refuse to answer questions, and whose continuing problems are holding back the country's economic recovery, a top U.S. regulator said on Friday.

There have been forty-three Afghanistan coalition military fatalities from the start of 2011 to February 12, according to tracker iCasualites.org.

Deutsche Boerse and NYSE Euronext may call a merged company DB NYSE Group, according to two people close to the negotiations, though the companies said no name for what could become the world's largest exchange operator has been picked.

Greece accused the EU and IMF of interfering in its domestic affairs on Saturday after the international lenders said Athens must speed up reforms and sell more public assets.

The United States condemned Saturday what it said was Syria's secret trial of a young blogger and called for her immediate release, saying allegations of U.S. espionage connections were baseless.

Deutsche Boerse and NYSE Euronext plan to call a combined company DB NYSE Group and will likely sidestep thorny issues of technology in a bid to strike a merger deal by Tuesday, two people close to the negotiations said.

Former Qwest Communications chief Joseph Nacchio voluntarily withdrew an appeal of his criminal conviction on Friday, marking what may be the final chapter of his long running insider trading case.

A top Federal Reserve official said on Friday he believes the U.S. economy is no longer at risk of slipping into a damaging deflationary spiral but that it would be unwise for the Fed to suddenly shift course.

(Corrects fourth graph to say $1.7 trillion instead of billion)

Where's the love? Not in the hacking community, where more are taking aim at dating sites.

NYSE Euronext and Deutsche Boerse plan to call a combined company DB NYSE Group and will likely sidestep thorny issues of technology in a bid to strike a deal by Tuesday, two persons close to the negotiations said.

A lawyer for WikiLeaks founder Julian Assange accused Sweden's prime minister on Friday of damaging his client's chances of a fair trial for alleged sex crimes by portraying him as public enemy number one.

Greece slammed the EU and IMF on Saturday and told them to stop interfering in its domestic affairs after the lenders said Athens was broadly on track but must speed up reforms, sell more assets and fight vested interests.

China will launch a state-level investment review body to check that merger and acquisition deals struck by foreign firms in one of the world's fastest-growing economies do not endanger national security, China's State Council, the cabinet, said on Saturday.

Pop star Lady Gaga has sparked controversy with her new single 'Born this way', with fans and critics saying the track is similar to Madonna's 1989 hit 'Express yourself', various media outlets reported.

Bundesbank president Axel Weber confirmed on Saturday he would not be a candidate to head the European Central Bank, blaming resistance in some European countries to his hardline monetarist stance.

The German government may need a two-thirds majority in parliament to approve any deal on the new permanent rescue mechanism for the euro zone, meaning it will need opposition support for any compromise, Der Spiegel magazine reported on Saturday.

Decoding the Egyptian Revolution to understand the beginning, the end of Hosni Mubarak regime, significance, and effects of the downfall.

Manchester City makes the short trip to Old Trafford to face Manchester United in a crucial derby in Saturday's early kick-off in the English Premier League.

Gwyneth Paltrow and Taylor Swift were earlier contenders

Apple is working on a cheaper version of the iPhone that is aimed at slowing the advance of competing handsets based on Google Inc.'s Android software.

Bundesbank president Axel Weber confirmed on Saturday he would not be a candidate to head the European Central Bank, blaming resistance in some European countries to his hardline monetarist stance.

IBM's Watson computing system will take on two former Jeopardy! champions in the first man-machine match on the popular TV quiz show this February.

Another Manchester derby, this time at Old Trafford on Saturday’s early kick-off, and with it comes another chance for Manchester City to prove their credentials against their illustrious neighbors Manchester United, in the English Premier League.

India's annual industrial output in December rose at its slowest pace in 20 months on a higher base last year and stretched capacities at factories, but the Reserve Bank will likely continue tightening monetary policy to tame high headline inflation.

Prime Minister Manmohan Singh faces more political headaches after the Supreme Court pressed for deeper probes into a multi-billion dollar corruption case and a ruling coalition ally was implicated in the scandal.

The United States plans to build high-speed 4G wireless services network and make it available to at least 98 percent of Americans households by 2016, President Barrack Obama said during a speech at Northern Michigan University in Marquette, Michigan.

She has had a long history of physical ailments