IBT Staff Reporter

125821-125850 (out of 154953)

Four shot dead at Pennsylvania gym

A man walked into a suburban Pittsburgh gym on Tuesday evening and opened fire in a Latin dance class, killing three women before turning his weapon on himself and taking his own life, police said.

Toshiba unit to invest in China LCD JV for phones

Toshiba Corp's loss-making LCD unit will invest in a joint venture in China to tap growing demand for mobile phone displays and offload equipment as it shifts its focus in Japan to high-resolution products.

Senate opens Sotomayor confirmation debate

The U.S. Senate opened a spirited debate on U.S. Supreme Court nominee Sonia Sotomayor -- with history indicating it is impossible to know how she may ultimately rule on the highest U.S. court.

Clinton success in Pyongyang has diplomatic risks

Former U.S. President Bill Clinton's successful mission to Pyongyang to win freedom for two jailed American journalists carries with it new risks to the Obama administration's efforts to rid North Korea of nuclear weapons.

North Korea frees U.S. journalists; what next?

Former U.S. President Bill Clinton left North Korea on Wednesday with two American journalists whose release he secured in a meeting with the hermit state's leader, possibly opening the way to direct nuclear disarmament talks.

iPod exploded in Britain, Apple silences it

Apple attempted to silence a father and daughter with a gagging order after the child's iPod music player exploded and the family sought a refund from the company, The Times reported on Monday.

Clinton, U.S. journalists leave North Korea

Former U.S. President Bill Clinton left North Korea on Wednesday with two American journalists whose release he secured in a meeting with the hermit state's leader, possibly opening the way to direct nuclear disarmament talks.

UBS is in close talks to hire McCann: report

UBS AG is in talks to hire former Merrill Lynch executive Robert McCann to head its wealth management business in the Americas, the Financial Times said on Tuesday, citing people close to the negotiations.

Sony plans $199 U.S. e-reader, takes on Amazon

Sony Corp will begin selling this month the cheapest digital book reader for the United States, taking rival Amazon.com Inc head-on in the small but fast-growing market for electronic readers.

Heath Ledger targets whalers in new music video

An animated music video directed by the late actor Heath Ledger debuted on the Web on Tuesday, and it's an attack on the whaling industry set to the song King Rat by alternative rock band Modest Mouse.

Board endorses direction of reorganized GM

The board of General Motors Co endorsed the automaker's direction and the focus of management after the first meeting of directors since GM emerged from a U.S. government-financed bankruptcy last month.

Intel unveils Low Power Chip

On Tuesday, Intel unveiled new low power Xeon chips which automatically lower its power usage when not in use. The new low voltage version of the Intel Xeon 5500 series processor, dubbed “Xeon L5530, provides performance per watt improvements in blades and high-density computing.

Kraft profit climbs 11 percent, raises full-year view

Kraft Foods Inc reported a higher-than-expected 11 percent rise in quarterly profit and raised its full-year forecast as the largest North American food maker benefits from price increases, cost cuts and people eating more meals at home.

Whole Foods profit tops view, shares up

Whole Foods Market Inc on Tuesday posted third-quarter earnings that beat Wall Street's expectations, as sales rose, and the seller of organic and gourmet food items raised its full-year earnings forecast.

Dish, Echostar happy on Tivo development

DISH Network Corp and EchoStar Corp said on Tuesday they were pleased the Patent and Trademark Office issued an initial office action rejecting TiVo Inc's software claims as invalid.

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