IBT Staff Reporter

Guaranty Financial Group Inc has filed for Chapter 11 bankruptcy protection, less than a week after regulators seized its banking unit and sold most of its assets to the Spanish bank, Banco Bilbao Vizcaya Argentaria SA .

Virginia Tech University is again in the limelight after two of the university's students were found dead at a Jefferson National Forest campground, on Thursday.

Oil prices rose slightly on Friday amid lingering optimism that the recession is ending, spelling a rebound in ailing world energy demand.

U.S. stocks mostly slipped on Friday after a weak consumer sentiment report offset positive quarterly results and outlooks, while some investors booked profits after the Dow's eight-day winning streak.

Whirlpool Corp plans to shut a manufacturing facility in Evansville, Indiana, and move some production to Mexico next year, a change that will eliminate about 1.6 percent of its workforce.

Models present creations by Sunset during a swimsuit fashion show at the Istanbul Fashion Days August 27, 2009. Istanbul Fashion Days 2009 will take place from August 27-29 in cooperation with Fashion Designers Association and Istanbul Fashion Academy.

The priciest neighborhood in the United States is Alpine, New Jersey, home of hip hop stars such as Sean

The man accused of masterminding the largest identity theft in U.S. history agreed to plead guilty to related charges, according to court papers filed in Boston federal court on Friday.

Sir Paul McCartney and NYC MTA Board member Nancy Shevell at the MLB game between the New York Yankees and the Texas Rangers at Yankee Stadium in New York, August 26, 2009.

James Cameron's

Film website Flixster launched a new version of its iPhone application Movies this week, highlighting how technology and the Web are bringing Hollywood directly to fans and bypassing traditional information outlets like newspapers.

Oil prices rose above $73 a barrel on Friday amid lingering optimism that the recession is ending, spelling a rebound in ailing world energy demand.

Film website Flixster launched a new version of its iPhone application

Author Fay Weldon sets her latest novel only four years in the future, but by then Britain's currency has collapsed, inflation has soared and the bailiffs are knocking on the door of London's middle class.

It pays to work in Switzerland: employees in Zurich and Geneva have the highest net wages in the world, a study by banking group UBS shows, while those in India's Mumbai take home the lowest.

The last surviving leg of the original Orient Express rail route from Paris to Istanbul is to end in December.

Southern right with calf sighting verified by scientists

Intel Corp., the world's biggest chipmaker, raised its sales forecast for this quarter, proving that personal-computer demand is recovering.

Apple is geared to see huge profits next year with analysts predicting the company will sell somewhere between five and seven million iPhones in China in 2010 as a result of its deal with the country's second-largest mobile carrier.

The observatory on top of Shanghai’s World Financial Center has been crowned the world’s highest observation deck.

Millions of Americans have already seen their credit card limits shrink, and millions more face the same fate as lenders prepare for tougher U.S. consumer protection rules.

Low interest rates and tax breaks are giving the U.S. housing sector a jolt but, like the

Think of New Zealand, and the first thing that comes to mind is the magnificent scenery that this country is known for.

Apple hit back on Friday over the affair of the exploding iPhones in France by dismissing the whole story as nonsense and suggesting that the owners were either negligent or liars, the Times reported on Friday.

Procter & Gamble Co raised the salary of Bob McDonald by 40 percent to $1.4 million when he took over as chief executive last month, while his predecessor, A.G. Lafley, took home slightly more in his last year as CEO, the company reported on Friday.

NEW YORK - Guaranty Financial Group Inc (GFGF.PK) has filed for Chapter 11 bankruptcy protection, less than a week after regulators seized its banking unit and sold most of its assets to the Spanish bank, Banco Bilbao Vizcaya Argentaria SA (BBVA.MC).

WASHINGTON - A U.S. court on Friday struck down a rule limiting a cable company to no more than 30 percent of the subscription television market, a victory for companies like Comcast Corp (CMCSA.O) that could spark a wave of consolidation in the industry.

WASHINGTON - U.S. drug reviewers questioned findings from biotech company Allos Therapeutics Inc (ALTH.O) on the effectiveness of its proposed drug for an aggressive type of lymphoma, documents released on Friday showed.

WASHINGTON - A U.S. court struck down a rule limiting a cable company to no more than 30 percent of the pay television market, a victory for companies like Comcast Corp (CMCSA.O) that could spark a wave of industry mergers.