IBT Staff Reporter

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Major iPhone developers make apps free

Apple has introduced an in-app purchase feature for free iPhone apps that will allow users complete transactions within the iPhone applications themselves without the use of the pp Store.

Oil falls towards $77 on supply, dollar rise

Crude oil prices fell from a one-year high above $78 a barrel on Friday, as investors questioned whether an $8-a-barrel rally since last week was warranted with global oil stocks still high.

Dutch court gives DSB Bank more time for deal

A Dutch court gave DSB Bank a weekend reprieve on Friday, saying it had until Monday to come to terms with a mysterious potential buyer from the United States, Dutch television reported.

Euro zone exports dip in August

Euro zone exports fell sharply in August from the previous month and imports eased too, data showed on Friday, signalling weakness in global and internal demand and raising concern about the bloc's recovery prospects.

GE earnings trip up Wall Street rally

General Electric Co helped to pull the plug on Wall Street's recovery rally on Friday, reporting sales that missed expectations and cautioning that recovery from the brutal recession would be gradual.

U.S. coal miners looking at lower profits

Most U.S. coal miners are looking at sharply lower third-quarter earnings, but those who produce coal for steelmaking and export should enjoy higher prices in the longer run than those whose coal is sold for power generation, analysts say.

U.S. natural gas rig count falls 5 to 721

The number of rigs drilling for natural gas in the United States fell by five this week to 721, according to a report on Friday by oil services firm Baker Hughes in Houston.

EU bogged down on Copenhagen climate stance

European Union states are struggling to agree on a common stance for a U.N. climate pact in Copenhagen in December, after leading the way among rich nations, draft documents indicated on Friday.

BofA, GE results weigh, indexes fall 1 pct

U.S. stocks dropped sharply on Friday after quarterly results from General Electric Co and Bank of America Corp showed that an economic recovery may be slow and bumpy, denting a four-day rally fueled by earnings optimism.

Bye Bye Birdie returns to Broadway with a thud

You can't say that the producers of the Broadway revival of Bye Bye Birdie didn't offer theatergoers bang for their buck at a recent preview. Besides the show proper, there was stand-up comedy by Bob Saget and sarcastic jibes thrown by Don Rickles from his seat in the audience.

Ted Turner says he'd like to run CNN again

No knock on his good friend Jeff Bewkes -- or on Superman -- but Ted Turner wishes he was running Time Warner so that he could make some changes at Cartoon Network and CNN, the cable news channel he founded 19 years ago.

Limbaugh dropped from group bidding for St Louis Rams

Controversial conservative talk show host Rush Limbaugh has been dropped from a group trying to buy the St. Louis Rams after several black NFL players objected and the league commissioner weighed in against Limbaugh's divisive comments.

Bon Jovi teams up with NBC

Bon Jovi has a new album and a new gig -- artist in residence with U.S. television network NBC, its affiliated cable TV networks, and all its news, information and digital brands.

31 Places to Go for Halloween

With Halloween just around the corner, you may be wondering where some of the spookiest, creepiest, eeriest, most haunted and/or best places to visit on Halloween are located around the

Lindsay Lohan ordered to appear in court

Actress Lindsay Lohan has been ordered to appear in court on Friday following media reports that she may have violated the terms of an alcohol education program imposed for a 2007 drunk driving case.

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