IBT Staff Reporter

Coffee chain Starbucks Corp , which for years raised prices without any customer pushback, said on Thursday that it is cutting prices for the first time on some drinks while boosting prices on others.

Aug 20, 2009

The United States strongly condemned Thursday's decision by Scottish authorities to free a terminally ill Libyan convicted of the 1988 Lockerbie plane bombing, saying there was no justification for his release.

Aug 20, 2009

Oil prices rose slightly to near a seven-week high Thursday, as optimism for economic recovery and rising fuel demand outweighed a rise in new U.S. jobless claims.

Aug 20, 2009

Gap Inc posted a slightly stronger than expected quarterly profit on Thursday as more full-priced sales, inventory controls and cost cuts helped offset declining revenue at all its chains.

Aug 20, 2009

U.S. researchers said on Thursday they have found a way to make large-scale flexible display screens that can be stretched to fit the contours of a bus yet are transparent enough so riders can see out windows.

Aug 20, 2009

Robert Zemeckis is in negotiations to direct a remake of the 1968 animated Beatles feature

Aug 20, 2009

Jon Cryer first found fame in 1984 with a starring role opposite Demi Moore in

Aug 20, 2009

Usain Bolt of Jamaica broke his own world record in the 200 meters at the World Championships in Berlin 2009 on Thursday.

Aug 20, 2009

The U.S. government's

Aug 20, 2009

The United States has filed new charges against Mexico's top drug lord and other drug cartel leaders for smuggling billions of dollars worth of cocaine across the border, but they remain at large, U.S. authorities said on Thursday.

Aug 20, 2009

Hurricane Bill weakened slightly on Thursday but was expected to regain power on a northwest ocean track that will take it between Bermuda, where inhabitants prepared for high winds and heavy seas, and the U.S. East Coast.

Aug 20, 2009

AT&T Inc has been sued by the U.S. Equal Employment Opportunity Commission, which accused the largest U.S. phone company of age discrimination for refusing to rehire previously retired workers over age 40.

Aug 20, 2009

The United States stepped up efforts to crack Swiss bank secrecy codes on Thursday by indicting a banker who moved from UBS AG to another bank and a Zurich lawyer, on charges of helping wealthy Americans hide their assets from U.S. tax authorities.

Aug 20, 2009

The United States stepped up efforts to crack Swiss bank secrecy codes on Thursday by indicting a banker who moved from UBS AG to another bank and a Zurich lawyer, on charges of helping wealthy Americans hide their assets from U.S. tax authorities.

Aug 20, 2009

A former Libyan agent jailed for life for the 1988 Lockerbie bombing that killed 270 people flew home on Thursday after Scottish authorities released him on compassionate grounds because he is dying of cancer.

Aug 20, 2009

German Chancellor Angela Merkel said she was skeptical that financial investor RHJ International would succeed in its bid for carmaker Opel a day before the board of General Motors was expected to announce its preference.

Aug 20, 2009

Porsche's former CEO Wendelin Wiedeking is being investigated by prosecutors as part of a probe into suspected market manipulation in Volkswagen shares.

Aug 20, 2009

The heads of Canada's Magna (MGa.TO) and Russian partner Sberbank will meet their General Motors GM.UL counterpart on Thursday, a person close to the matter said, as decision time nears on the sale of GM's Opel business.

Aug 20, 2009

Jon Cryer first found fame in 1984 with a starring role opposite Demi Moore in

Aug 20, 2009

The U.S. government announced grants of almost $1.2 billion on Thursday to help hospitals and health care providers establish and use electronic health records.

Aug 20, 2009

Stocks advanced modestly on Thursday with financial stocks leading gains after encouraging U.S. manufacturing data and a rebound in Chinese stocks reassured investors.

Aug 20, 2009

The United States widened efforts to crack Swiss bank secrecy codes by indicting on Thursday a banker who moved from UBS AG to another bank and a Zurich lawyer, on charges of helping wealthy Americans hide their assets from U.S. tax authorities.

Aug 20, 2009

A federal judge on Monday ruled in favor of the University of Texas-Austin and against two white applicants to the state's flagship public college who sued because they felt the school's admissions policies unfairly favored minority applicants, the Chronicle of Higher Education reports.

Aug 20, 2009

Microsoft is allowing those curious to try out Windows 7 to do so for free for 120 days without an activation key.

Aug 20, 2009

The world is gripped by a flu pandemic and it's up to you to stop it -- that is, if you choose to play a new game developed by a Dutch medical center and available online for free.

Aug 20, 2009

Swiss Profit from Bailout; AIG CEO vows repayment; GM Greases Clunkers

Aug 20, 2009

AT&T Inc has been sued by the U.S. Equal Employment Opportunity Commission, which accused the largest U.S. phone company of age discrimination for refusing to rehire previously retired workers over age 40.

Aug 20, 2009

Oil prices fell, after briefly reaching a seven-week high on Thursday, as an unexpected rise in new U.S. jobless claims cast a shadow over a recovery in the economy and oil demand.

Aug 20, 2009

Manufacturing in the U.S. Mid-Atlantic region expanded in August for the first time in 10 months but new filings for unemployment benefits rose last week, an indication weak spending would constrain recovery.

Aug 20, 2009