IBT Staff Reporter

Hewlett-Packard Co CEO Mark Hurd resigned on Friday after an investigation found that he had falsified expense reports to conceal a close personal relationship with a female contractor.

The first of its kind in Australasia, a machine that checks for circulating tumor cells, called the CellSearch has been announced as a significant breakthrough in the treatment for advanced prostate cancer in Australian men.

Legendary island is best place for holiday and honeymoon in Asia.

Following adverse health reactions among children earlier this year due to the use of a flu vaccine manufactured by CSL Biotherapies, the Advisory Committee on Immunization Practices has told doctors to avoid using the vaccine.

Bank of America Corp projects that its losses from pending litigation could be as high as $1.4 billion, the company disclosed in its second-quarter report filed Friday with securities regulators.

Warren Buffett's Berkshire Hathaway Inc said on Friday second-quarter profit fell 40 percent, as declining stock prices depressed the value of his derivative contracts.

Russia´s ban on grain exports caused a buying frenzy on global grain markets, driving prices up sharply under record high volumes.

Citigroup Inc raised its estimates and now expects to issue $18 billion to $21 billion in long-term debt in 2010, the company said in a regulatory filing on Friday.

Bank of America Corp projects that its losses from pending litigation could be as high as $1.4 billion, the company disclosed in its second-quarter report filed Friday with securities regulators.

JPMorgan Chase & Co expects a measure of its capital strength to fall slightly under the latest proposals from banking supervisors, according to a quarterly filing with regulators.

Hewlett-Packard Co said Chief Executive Mark Hurd has decided to resign following a sexual harassment investigation.

The Federal Reserve on Tuesday may send a clear signal it is prepared to print more money to support a faltering economic recovery if necessary.

New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other makers of liquid display crystal screens used in computers, flat-screen televisions and mobile phones on Friday for allegedly fixing prices for a decade.

Hewlett-Packard Co Chief Executive Mark Hurd resigned suddenly on Friday following an investigation of sexual harassment, the world's top computer maker said, stunning investors and sending shares down 10 percent.

Hewlett-Packard Co Chief Executive Mark Hurd resigned suddenly on Friday following an investigation of sexual harassment, the world's top computer maker said, stunning investors and sending shares down 10 percent.

Republicans emboldened by a weak U.S. jobs report pressed their attack against the ruling Democrats on Friday, hoping to translate Americans' unhappiness with the economy into votes on November 2.

New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other LCD screen makers on Friday for allegedly fixing prices for a decade, after some of them pleaded guilty to similar federal charges and paid over $890 million in fines.

Republicans emboldened by a weak U.S. jobs report pressed their attack against the ruling Democrats on Friday, hoping to translate Americans' unhappiness with the economy into votes on November 2.

Stocks fell on Friday after government data showed a larger-than-expected drop in July payrolls, giving investors a stark reminder the economic recovery remains slow.

The makers of the BlackBerry were looking into the possibility of using servers in Saudi Arabia on Friday to avert a threatened ban on its Messenger services by Saudi government, which wants access to its encrypted network, a source said on Friday.

U.S. private employers added fewer workers to their payrolls in July than expected and hiring in June was much weaker than had been thought, a big blow to an already feeble economic recovery.

American International Group Inc Chief Executive Robert Benmosche is hoping this is the beginning of the end for the insurer's massive taxpayer bailout.

Stocks ended lower on Friday after government data showed a much larger-than-expected drop in July payrolls, providing investors with a stark reminder the economic recovery remains slow.

Travellers flock to the Himalayan region of Ladakh in northern India - drive the Khardung La (the world's highest motorable road), go whitewater rafting or trekking and to take their travel photography to the next level.

The arguments over whether several emerging nations can effectively hack BlackBerry devices give a rare glimpse of the shadowy world of state electronic surveillance already changing politics, espionage and business.

Toyota Motor Corp remains confident its electronic controls have not failed and has made about 80 percent of the U.S. repairs under the recall for sticky accelerator pedals.

Saudi Arabia and BlackBerry maker Research In Motion are making progress in talks over access to the device's encrypted network, a source close to the negotiations said, and the kingdom had yet to carry out threats to cut its Messenger service early Friday morning.

General Motors Co is increasing its advertisement spending to the levels seen prior to its bankruptcy filing, Joel Ewanick, the car maker's marketing chief, told the Wall Street Journal in an interview.

On Wall Street, the ability to trade on information quickly can be the difference between making money and making nothing. On Friday, a federal appeals court in New York considered how fast is too fast.