IBT Staff Reporter

Intel hires Black Eyed Peas' front man will.i.am as director of creative innovation.

A bipartisan panel investigating the financial crisis has referred cases of potential wrongdoing by financial industry officials to the Justice Department, a person familiar with the matter said on Tuesday.

Verizon Communications expects revenue to rise as much as 8 percent this year as customers rush to buy more smartphones, particularly Apple Inc's iPhone.

U.S. stocks fell on Tuesday after disappointing profits and outlooks from blue chips such as 3M and Johnson & Johnson prompted investors to pause in the recent rally.

A personalized news service funded by New York Times Co., Washington Post Co., and Gannett Co launched on Tuesday in an attempt to get readers to pay for online news.

U.S. securities regulators were poised to adopt say-on-pay rules on Tuesday aimed at empowering shareholders to cast non-binding votes on executive pay, and to propose new rules designed to help regulators police hedge funds for systemic risk.

U.S. consumer confidence rose more than expected in January to its highest level in eight months, helped by growing optimism about the economy and the jobs market, according to a private sector report released on Tuesday.

4G may be the future for the next generation of mobile users, but many early adopters of the newest 4G devices wonder if their batteries will last that long.

Johnson & Johnson reported disappointing quarterly revenue due to plunging U.S. sales of consumer products that continue to be recalled for quality-control lapses, and the diversified healthcare company forecast 2011 earnings below Wall Street expectations.

Yahoo Inc is cutting 1 percent of its global workforce, the company said on Tuesday, the second round of layoffs in six weeks.

MetroPCS Communications became the second company to challenge the U.S. Federal Communications Commission's new Internet traffic rules, following Verizon Communications' appeal last week.

Former Minnesota governor and professional wrestler Jesse Ventura is suing the TSA and Dept. of Homeland Security and for allegedly violating his Fourth Amendment rights.

U.S. single-family home prices fell for a fifth straight month in November and a double-dip in home prices could be confirmed by spring, a closely watched survey said on Tuesday.

U.S. stocks are retreating in mid-day as investors are cautiously awaiting the results of the two-day FOMC meeting, which began today, and the President’s State of the Union Address tonight.

U.S. consumer confidence rose in January to its highest level in eight months, underscoring the brightening economic outlook, although declining housing prices still cast a cloud on the recovery.

The debut bond from Europe's financial rescue fund attracted robust demand on Tuesday, in the latest sign of confidence the bloc is getting to grips with the debt crisis that has haunted it for over a year.

A group at the University of Surrey and Surrey Satellite Technology Limited has developed a satellite containing a smartphone that will be launched into orbit by the end of the year.

Johnson & Johnson's fourth-quarter profit fell, with revenue falling far short of forecasts due to plunging U.S. sales of consumer products that continue to be recalled for quality-control lapses.

Investor interest in derivatives-based strategies remains cold, as the financial bailout in 2008 and the Dodd-Graham Financial Overhaul Act has kept investors scared.

Stocks fell on Tuesday as disappointing earnings from blue chips such as 3M and Johnson & Johnson prompted investors to pause in the recent rally.

Supermodel Kate Moss has bought a ?8 million historic townhouse in London's Highgate area in the same neighborhood as Jude Law and Sienna Miller.

Speculation is simmering as to what, precisely, President Obama will say in tonight’s State of the Union address. The White House has been speaking in general terms about the speech, resulting in opinions flying about what, if anything, he may actually propose.

Shareholders of publicly listed companies will get to weigh in on executive compensation through advisory votes, under a new rule adopted by U.S. securities regulators on Tuesday.

The iPad is not good for business; at least according to Microsoft.

World's No.1 automaker Toyota Motor Corp. has agreed to pay $10 million to a family of four people who were killed in a runaway Lexus crash near San Diego last year that prompted a string of recalls of millions of Toyota vehicles.

Scott Farah, the head of New Hampshire-based failed mortgage firm Financial Resources Mortgage has been sentenced to 15 years in prison by a federal judge for duping hundreds of investors.

Verizon Communications' quarterly revenue was slightly behind Wall Street's expectations, even as it reported stronger-than-expected wireless subscriber growth.

The president and the auditor of a Costa Rican company selling reinsurance bonds to life settlement companies have been arrested and charged for their role in a $670 million fraud scheme.

Macau casino magnate Stanley Ho on Tuesday accused his family of stealing shares in his business empire and leaving him with almost nothing after a share restructuring he said was done without his consent.