IBT Staff Reporter

The original recordings of the first humans landing on the moon 40 years ago were erased and re-used, but newly restored copies of the original broadcast look even better, NASA officials said on Thursday.

Michael Jackson's ex-wife Debbie Rowe on Thursday sued a woman for defamation on Thursday after news reports that claimed Rowe was willing to accept millions of dollars in exchange for giving up her custody rights to her two children with the dead pop star.

Six people were killed in nearly simultaneous explosions at the Ritz-Carlton Hotel and the Marriott Hotel in central Jakarta on Friday, Indonesian police said.

Oil fell toward $61 a barrel on Friday amid lingering skepticism on the pace of a global economic recovery, but prices are on track to snap four straight weeks of decline to post a weekly gain.

U.S. sales of video game equipment and software fell 31 percent to $1.17 billion in June, research group NPD said on Thursday, the largest decline since 2000.

Google Inc's quarterly profit beat Wall Street expectations, but the weak economy and slump in advertising spending took a toll on revenue growth and the price of its search ads.

The two main regulators of U.S. financial markets should merge, the chief executive of America's largest options exchange says in remarks to be delivered to a congressional panel on Friday.

Web video site YouTube will be profitable for Google Inc in the near future, the Internet search leader said on Thursday.

With the smell of fat bonus checks again wafting down Wall Street, the Obama administration and Democrats in Congress on Thursday moved closer to a clampdown on U.S. corporate executive pay.

IBM sharply raised its full-year earnings forecast as it benefits from focusing more on higher-margin businesses in software and services, sending its shares up as much as 3 percent.

Although most people in New Jersey support a law forbidding texting while driving and think it should be more strictly enforced, one in five said they have sent a text while behind the wheel, according to a new study.

Web video site YouTube will be profitable for Google Inc in the near future, the Internet search leader said on Thursday.

U.S. oil prices rose on Thursday, tracking a late-day rebound on Wall Street and bolstered by a report showing strong economic growth in China, the world's second biggest consumer of energy.

Belgian financial investor RHJ wants Opel to break even in 2011 on an operating basis by closing the carmaker's Antwerp plant, idling production in Eisenach and cutting 3,900 jobs in Germany, a newspaper reported.

The result of Michael Jackson's death reports will be released publicly early next week, according to Los Angeles coroner's office.

Hong Kong saw the volume of total goods exports fall 12.6% and that of imports drop 16.2% year on year in May, the Census & Statistics Department said on Thursday, adding that the volume of goods re-exports fell 11.8% while that of domestic exports dived 35.5%.

China would loosen its controls on overseas investment procedures and foreign exchange management of domestic companies to boost outbound investment, China's foreign exchange regulator said on Wednesday.

Many of CIT Group Inc's businesses, including trade and transportation finance, could be of interest to potential buyers as the commercial lender stares at the possibility of bankruptcy.

Apple has finally cut Palm Pre's accessed to its iTunes when it released a new iTunes update yesterday.

The latest Harry Potter movie cast a $104 million spell over worldwide box offices during its first day in theaters, setting a new record for the boy wizard, distributor Warner Bros Pictures said on Thursday.

The Non-Aligned Movement (NAM) closed the 15th summit Thursday with a declaration to continue supporting each other as well as to promote disarmament and international security, peacekeeping, human rights and democracy.

CIT Group Inc stood on the brink of bankruptcy on Thursday after rescue talks with the government collapsed and the specialty lender's bondholders convened emergency talks among themselves.

The World Health Organization (WHO) said on Thursday that the H1N1 flu pandemic was the fastest-moving pandemic ever and that it was now pointless to count every case.

Nouriel Roubini, one of the few economists who accurately predicted the magnitude of the financial crisis, said on Thursday that the worst of the turmoil has passed.

IBM surprised markets by sharply raising its full-year earnings forecast as its growing software and services businesses boosted profit margins, lifting its shares in after-hours trade.

JPMorgan Powers Ahead, CIT Plummets, Cap and Trade and Jobs

Google Inc's quarterly profit and revenue rose in the second quarter despite the tough advertising market, beating Wall Street expectations.

The detention of Rio Tinto executives on spying accusations has allegedly wreaked havoc on the world's second-largest iron ore miner's sales in China, as the nation's steel mills took a wait-and-see approach on ore imports from the Anglo- Australian conglomerate, Chinese State media reported on Wednesday.

U.S. Senate Committee on Environment and Public Works held a hearing Thursday about the impact on American jobs of the climate bill. U.S. stockpiles of natural gas rose 90 billion cubic feet on the week ended July 10.