IBT Staff Reporter

Expanding broadband usage throughout the United States will require subsidies and investment in infrastructure upgrades of as much as $350 billion, a regulatory panel said on Tuesday.

Expanding broadband usage throughout the United States will require subsidies and investment in infrastructure upgrades of as much as $350 billion, a regulatory panel said on Tuesday.

Lady Gaga told KLUC-FM radio station in Las Vegas that Kanye West was feeling so f---ing bad for his outburst at the MTV VMA's earlier this month.

Darden Restaurants Inc posted a quarterly profit above Wall Street expectations but warned that full-year profit could be at the low end of its forecast, and its shares fell 6 percent.

Nike Inc reported a stronger-than-expected quarterly profit as cost cutting and a lower tax rate more than offset revenue declines, sending its shares up 4.2 percent.

The Hills actress Stephanie Pratt says she won't return to the reality show after this season. Pratt denied that she is leaving the reality show due to the drama with Kristin Cavallari, the new cast member.

T-Mobile announced on Tuesday that the Motorola Cliq, Motorola's first smartphone on Google Android platform and a potential booster, will be available next month.

Toyota Motor Corp said on Tuesday it will recall some 3.8 million vehicles -- including its popular Prius hybrid -- because of the risk a floormat could keep the accelerator pedal forced down, a problem suspected in a recent fatal crash.

Stocks fell on Tuesday as a surprise drop in a gauge of consumer confidence overshadowed signs of stabilization in housing and solid earnings from Walgreen Co .

Vodafone Egypt said on Tuesday it expected to add 100,000 mobile broadband customers in 2009, taking its total broadband client base to 160,000.

A green power building spree is on the way, and much of it will be brought to you by the same people who built the nuclear and coal-fired power plants that keep the lights on now.

Iran said on Tuesday it would not discuss a previously secret nuclear plant at international talks this week but Washington vowed to bring it up and demanded Tehran prove it is not developing an atomic weapon.

Electronics maker Jabil Circuit Inc posted better-than-expected quarterly results helped by cost cuts and market share gains, and guided first-quarter results above Wall Street estimates, sending its shares up 8 percent after the bell.

Private equity firm CCMP Capital Advisors said on Tuesday it hired former Anadarko Petroleum Corp Chief Operating Officer Karl Kurz to help with the firm's energy investments.

Nike Inc reported a first-quarter net profit on Tuesday that beat Wall Street estimates as the company cut costs to counter fewer orders and revenue declines in most of its key geographic regions.

A New York state appeals court on Tuesday dismissed former TV newsman Dan Rather's lawsuit against CBS Corp in which Rather claimed he was made a scapegoat in a scandal over a 2004 report on then-President George W. Bush's military record.

The death of celebrity disc jockey DJ AM was caused by an accidental drug overdose, and eight different substances were found in his body, the New York City Medical Examiner's office said on Tuesday.

Dell Inc on Monday unveiled its latest high-end, ultra-thin personal computer, bringing some fresh design appeal to its enterprise models.

Credit Card Crackdown; Consumer Bluesfor Stocks; CIT's Debt Plan

U.S. first lady Michelle Obama is to kick off the 40th anniversary season of the children's TV show Sesame Street with a segment encouraging kids to plant gardens and eat healthy food.

The breakdown of the marriage U.S. reality television stars Jon and Kate Gosselin has made its mark on the television show that chronicles their lives, with its title being changed to Kate Plus 8.

After dismissing complaints that might have uncovered Bernard Madoff's $65 billion fraud, the U.S. Securities and Exchange Commission must reform how it reviews tips and conducts examinations, the SEC's internal watchdog said on Tuesday.

Expanding broadband usage throughout the United States will require subsidies and investment in infrastructure upgrades of as much as $350 billion, a regulatory panel said on Tuesday.

A magnitude 7.9 earthquake shook the Pacific Ocean near American Samoa - an island in the South Pacific archipelago - today generating tsunami waves, U.S. government agencies said.

The U.S. Federal Reserve on Tuesday proposed tough new credit card rules to protect consumers from potentially costly practices by lenders and moved to implement legislation enacted in May.

Google Inc's highly anticipated real-time communications service is not ready for prime time, but the company said on Tuesday it was on track to begin the biggest field test yet of the potentially groundbreaking Google Wave.

Privately held Savannah Gold Ltd is seeking 1 million pounds in fresh investment to launch a drilling programme in Nigeria, and hopes to list the firm in Canada in the middle of next year.

Retrofitting old office buildings can reduce their energy usage and make them more desirable for commercial customers. It also can cut down on greenhouse-gas emissions since commercial real estate is responsible for 20 percent of U.S. energy use, environmentalists say.

Spending on Internet advertising in Britain grew 4.6 percent in the first half of 2009, outperforming the wider ad sector, which slumped 17 percent, and making it the country's biggest ad medium ahead of TV.