IBT Staff Reporter

Google Inc and IBM rounded out a strong week of technology results, outstripping already high expectations and providing further evidence that a recovery is brewing.

Software giant Oracle Corp is making a big bet on Web-based computer programs, a fast-growing segment of the tech sector that it has been slow to enter.

Bank of America Corp's departing chief executive, Kenneth Lewis, will receive no pay for 2009, but questions still linger about his $125 million retirement payout.

Heart disease or cardiopathy is an umbrella term for a variety for different diseases affecting the heart. As of 2007, it is the leading cause of death in the United States, England, Canada and Wales, killing one person every 34 seconds in the United States alone.

Goldman Sachs Group Inc opted to devote a smaller chunk of revenue to compensation in the latest quarter in what may be a sop to critics angry about a bonus bonanza so soon after the bank took billions in government funds.

Former Bear Stearns hedge fund manager Matthew Tannin, on trial for fraud and lying to investors early in the financial crisis, might have made strategic mistakes but he did not conspire with colleagues to commit a crime, his lawyer said on Thursday.

A Chinese man who formerly worked at Ford Motor Co has been arrested and charged with stealing trade secrets, including sensitive design documents, from the automaker, the U.S. Justice Department said on Thursday.

The Larimer County Sheriff announced that a 6-year-old boy reportedly to have climbed into a homemade balloon that took off and flew across Colorado on Thursday, has been found safe at home.

Cavalier's player LeBron James and teammates Darnell Jackson and Coby Karl tested positive for Infuenza A, the Associated Press reported today.

Google Inc's growth machine is back in gear.

Intraday support at 0.9030 held firm in local exchange yesterday with strong Chinese Trade data giving the Aussie another boost towards 91 cents.

The Pakistan's Foreign Minister Shan Mehmood Qureshi said Thursday the $7.5 billion U.S. aid bill is a sign of friendship and not a threat to the country's sovereignty.

Users of credit cards may wish to compare their current annual percentage rates to national averages for card categories tracked by CreditCards.com.

IBM raised its full-year outlook and reported higher-than-expected quarterly profit on Thursday as its growing focus on higher-margin software and services businesses helped it cope with weak technology spending.

Bank of America Corp Chief Executive Kenneth Lewis will receive no pay or benefits for his last year of work at the company.

U.S. authorities charged 41 people in a suspected mortgage fraud scheme that cheated lenders out of more than $64 million on more than 100 New York state properties, prosecutors said on Thursday.

Falcon Heene may not have fallen from the balloon Thursday and could be somewhere on the ground, a spokeswoman for Larimer County Sherriff's Office said on Thursday.

A tentative plan to end Honduras' political crisis hung in the balance on Thursday as negotiators met again on whether President Manuel Zelaya, toppled in a June coup, should be returned to power.

Palestinian President Mahmoud Abbas said Thursday he would hold elections as planned in January unless Hamas agreed to an Egyptian reconciliation deal that would delay the polls until June.

Google plans to launch an online store to deliver electronic books to any device with a Web browser, threatening to upset a burgeoning market for dedicated e-readers dominated by Amazon's Kindle.

Google Inc's quarterly profit beat estimates as revenues grew at their strongest sequential pace in more than a year, sending its shares up 2.4 percent.

Google Inc. reported a 27 percent increase in third-quarter profit, surpassing analysts' estimates, following a boost in online ads and e-commerce.

Google Inc. reported a 27 percent increase in third-quarter profit, surpassing analysts' estimates, following a boost in online ads and e-commerce.

Mexico's state oil company Pemex has discovered oil at the Leek-1 well in the deep waters of the Gulf of Mexico and is testing it to see if it is commercially viable, a Pemex spokesman said on Thursday.

Tech Earnings Strong; Financials Mixed; Economy Healing

The U.S. military is tackling a new mission in the field of alternative energy, moving to power up a 500-megawatt solar facility at Fort Irwin's sprawling desert complex in California.

The Dow industrials and the S&P 500 climbed on Thursday to 2009 closing highs, buoyed by energy stocks as oil prices jumped, but financials retreated as investors panned results from Goldman Sachs and Citigroup.

Advanced Micro Devices Inc (AMD) reported stronger-than-expected quarterly results on Thursday, helped by strong processor shipments, sending shares up in after-hour trading.

Labor market, manufacturing and consumer price data released on Thursday portrayed the U.S. economy as steadily emerging from a protracted recession, with inflation under control.