IBT Staff Reporter

China Unicom will announce a deal to sell Apple's iPhone in China as soon as Friday, an analyst said, citing an industry source with direct knowledge of the situation.

China Unicom will announce a deal to sell Apple's iPhone in China as soon as Friday, an analyst said, citing an industry source with direct knowledge of the situation.

Anyone holding their breath for Apple Inc's much-anticipated, but never confirmed, touchscreen tablet device may have to wait a bit longer than they planned.

The U.S. Air Force has boosted the potential value of Northrop Grumman Corp's contract to support the radar-evading B-2 bombers by more than 50 percent to $9.5 billion.

Apple Inc is getting closer to clearing the hurdles to start selling iPhones in China, the Wall Street Journal reported on Wednesday.

Asian shares mostly eased on Thursday and the yen rose after a flat day on Wall Street following encouraging home sales and durable goods data left investors cautious about chasing shares higher.

Oil fell toward $71 on Thursday, extending losses by more than $3 after touching a 10-month high this week, as rising crude and diesel stocks eclipsed healthy economic data from the United States and Europe.

U.S. banking regulators partially retreated from a much-criticized proposal to impose new rules on private equity investment in troubled banks, aiming to encourage responsible investment in distressed banks.

U.S. stocks closed near break-even on Wednesday despite fresh signs of a modest economic recovery, while rising U.S. crude stockpiles led oil prices to extend sharp losses from the previous session.

U.S. banking regulators partially retreated from a much-criticized proposal to impose new rules on private equity investment in troubled banks, aiming to encourage responsible investment in distressed banks.

Anyone holding their breath for Apple Inc's much-anticipated, but never confirmed, touchscreen tablet device may have to wait a bit longer than they planned.

Analysts who were hoping to spend a sunny day on the Google Inc campus sprinkling questions about the monetization of new ad formats over an organic gourmet salad will have to settle for a series of webcasts.

Police released a tape of an interview with Karen Cunahin Sypher, a woman involved in a sex scandal with University of Louisville's basketball coach Rick Pitino.

Bid to Fight Investor Flight; Apple's Tablet Not in Sight; GE Seeks Security Unit Buyer

The value of Hong Kong's total exports and imports in July fell 19.9% and 17.8% respectively over the same period last year, the Census & Statistics Department (CSD) said on Wednesday.

Northrop Grumman Corp was awarded a U.S. Air Force contract boost, up to $3.4 billion, to support the radar-evading B-2 bomber, the Defense Department said on Wednesday.

Billionaire Carlos Slim and technology supplier Qualcomm Inc are teaming up with the launch in Mexico of a low-cost video game console designed for consumers in developing countries.

China Sinopec Group's $7.24 billion acquisition of Swiss oil firm Addax Petroleum Corp was approved by the Iraqi government, a local paper quoted a senior Sinopec official as saying on Wednesday.

The U.S. National Hurricane Center said Tropical Storm Danny is likely to be formed into the season's second hurricane later in this week.

U.S. airlines are slowly ratcheting up their bag-check fees, like US Airways Group Inc did on Wednesday, but analysts warn that carriers risk alienating customers with excessive fees.

Australian Dollar: Yesterdays stronger than expected Australian economic data provided some level of support for the Aussie dollar at 0.8330 during the local session sending it into early European exchange on its highs pressing against 0.8380. Resistance at these levels proved too strong to overcome and the AUD/USD spent the majority of the offshore session drifting lower. Demand for the Greenback against the majors saw the Aussie move closer to 0.8250 and opens this morning at 0.8275. The loca...

The missing Mercedes belonging to murdered model, Jasmine Fiore, has been located and confirmed by the Buena Park police department that it is definitely her car according to reports from TMZ.

U.S. airlines are slowly ratcheting up their bag-check fees, like US Airways Group Inc did on Wednesday, but analysts warn that carriers risk alienating customers with excessive fees.

Two Sunbelt banks filed for initial public offerings on Wednesday to raise money that would be used in part to pay off money owed to the U.S. Treasury, setting the stage for the first U.S. IPOs by banks in more than two years.

U.S. banking regulators partially retreated from a much-criticized proposal to impose new rules on private equity investment in troubled banks, aiming to encourage investments in distressed bank assets.

NEW YORK - Cash crude differentials firmed on Wednesday on more favorable spreads as traders began the first day of trading for October barrels.

Just two months out of bankruptcy, Chrysler Group has renewed the hunt for a manufacturing partner in China as it prepares to revamp its product lineup under the control of Italy's Fiat SpA (FIA.MI), three people with knowledge of the discussions said.

Mininova, an alternative to BitTorrent tracking site The Pirate Bay, has lost a key legal battle and has been ordered to purge its directory of trackers linking to copyrighted files within 30 days or face fines.

Actor Eddie Cibrian, 36 filed for divorce from his wife Brandi Glanville amid a scandal implying he and country singer LeAnn Rimes are now going public with their romance.