IBT Staff Reporter

Ford Motors co has trimmed its debt by more than $1.9 billion, by converting some debt to common stock that will be issued Nov. 30.

The U.S. Environmental Protection Agency rolled out their mileage ratings for the 2011 Chevrolet Volt and has given 93 miles per gallon in combined city and highway driving while running on electricity alone.

German luxury carmaker Audi AG has set plans to venture into electric car business. The company plans to become the leading premium seller of electric vehicles by 2020.

Manchester United qualified for the last 16 of the UEFA Champions League after a late penalty from Wayne Rooney gave them a 1-0 victory over Rangers who dropped into the Europa League.

Iceland’s decision to resume international trade in whale meat with Japan brought a sternly worded response from U.S. Commerce Secretary Gary Locke.

Min-by-min live update match between Rangers and Manchester United.

Researchers at Fractal Antenna Systems have found a way to use metamaterials in real life with fractal antennas.

F.C.C. Chairman Julius Genachowski wants to get the ball rolling on allowing people to text 9-1-1.

The Transportation Security Administration is referencing a Johns Hopkins study on its web site, saying that the full-body x-ray scanners are safe to use. But the university's scientists are unhappy with the way that study is being used.

Government officials are mounting a campaign ahead of the busy holidays to explain why some holiday travelers may be subjected to airport security pat-downs requiring officers to touch their breasts and genitals.

Social networking sites are killing the spelling ability of children to a great extent, a research by the English Spelling Society has found, AP reports.

German giant T-Systems announced the launch of Infrastructure-as-a-Service (IaaS), a service which is billed to take on Amazon's EC2, for free during the pilot phase.

Manchester United will face rivals Rangers at the Ibrox stadium on Match-day 5 of the UEFA Champions League on Wednesday.

The four-inch plastic action figure of Apple’s CEO Steve Jobs will no more be in the market as the iPhone maker's law firm has sent a cease-and-desist letter to MIC Gadget that created the figure.

Threats of violence and bodily harm to judges, who hear Social Security disability cases, have increased from claimants angry over being denied benefits or frustrated at lengthy delays in processing claims.

Nira Radia, a corporate lobbyist whose name figures in the 2G spectrum scam, was questioned by Enforcement Directorate (ED) officials in New Delhi on Wednesday.

After Google plugged the life support out of its real-time collaboration tool Wave in August, the open-sourcers' Apache Software Foundation (ASF) has stepped in to give Wave a new lease of life.

Initial jobless claims were better-than-expected for the week ended Nov. 20, hitting levels that had not been seen since July 2008, the Labor Department said in a report.

SAP AG will be paying Oracle 1.3 billion in damages, one of the largest awards ever given in a copyright infringement suit.

The Man of 'Man vs. Wild', “Bear Grylls, is all set to release an application for iPhone which will show users how to survive in hostile wildernesses.

Apple iPad has topped the electronic gadget wish list of kids aged 6-12, beating probables like Nintendo and Sony PlayStation game consoles.

Scientists in the United States have developed tiny, low-temperature methane fuel cells that could soon power laptops.

Commonly known as Black Friday, the day after Thanksgiving in the U.S. is considered one of the biggest retail days of the year. Most shops in the country start as early as 5 AM and stay open till late, offering massive discounts. Gadgets still top the list among the most sought after category of goods.

In the second game of the round-robin stage, World No. 2 Roger Federer cruised past British No. 1 Andy Murray with a scintillating 6-4 6-2 win at the O2 Arena, in the ATP World Tour Finals.

More Americans will be traveling to celebrate Thanksgiving this year, all thanks to improving economic scenario in the country.

The employee who was sacked by Google for divulging information regarding employee salary hike and bonus, happens to be Randy Wigginton, a former number six at Apple.

Car lovers can now buy a new Kia car over the internet. As Kia Motors America and eBay Motors have joined hands together to sell new cars online.

CODA Automotive, a California-based electric car and battery company, and The Hertz Corporation, the world's largest general use airport car rental brand, entered into a partnership making 100% all-electric CODA sedans available at select Southern California Hertz locations.

Nissan Motors Co would be the world's first hybrid to come equipped with standard pedestrian warning sounds for its new 2012 Infiniti M35h, when it goes on sale at Infiniti retailers nationwide in early 2011, the carmaker said in a statement.