IBT Staff Reporter

At least 156 people have been killed in rioting in China's northwestern Xinjiang region, with the government blaming exiled separatists for the traditionally Muslim area's worst case of unrest in years.

Some economic observers are predicting another wave of foreclosures later this summer or in the fall. That's because lenders that have held off on foreclosures as part of President Obama's plan will now move forward aggressively to clear the backlog of troubled mortgages.

More home owners who are sick and tired of mowing the grass are trading their natural turf for artificial.

The global recession, shrinking advertising sales and fears that the Internet could render big media empires obsolete provide an ominous backdrop for executives at this week's Sun Valley conference.

With home prices low, now could be a good time for parents to give their children a home or even an investment property.

A former Goldman Sachs Group Inc computer programer accused of stealing secret trading codes from the financial firm was being held in federal custody on Monday, pending the posting of $750,000 bail.

A Los Angeles judge handed temporary control of Michael Jackson's multimillion dollar estate on Monday to a lawyer and music industry executive named as co-executors in his 2002 will.

The Dow industrials rose and the S&P 500 rebounded in late trading on Monday as investors' concerns about the strength of an economic recovery triggered a move into defensive stocks.

A Teenager hacker named George Hotz has created an App to jailbreak the Apple iPhone 3G S.

The Dow and S&P 500 rose on Monday as concerns about the strength and timing of an economic recovery kept pressure on commodity prices and lifted defensive stocks.

The Sirius XM Radio Inc. (SIRI) app, which debuted on June 18, surpassed a million downloads in the Apple App Store's Music category.

China's Vanke, the nation's largest housing developer, has seen a 57% jump in its real estate sales revenue in June.

Virus researches on Monday said Trojans accounted for 70 percent of all new malware between April and June 2009 and are responsible for over a third of all infections.

The Ricketts family, after five months of negotiations, may complete the purchase of the Chicago Cubs and Wrigley Field for about $900 million, according to the Chicago Tribune website on Monday

Netscape founder Marc Andreessen said in an interview that he expects Facebook's revenue to be in excess of $500 million in 2009, and estimates that in five years, it'll be well into the billions.

Toyota Motor Corp's Prius hybrid was Japan's best-selling car in June while Honda Motor Co's rival Insight ranked fourth, helping the two hybrid leaders dominate the list of top-selling models.

EMC Corp increased its offer for Data Domain Inc by 12 percent, valuing the specialty storage maker at $2.4 billion and raising the stakes in a bidding war against rival NetApp Inc. .

French videogame maker Ubisoft Entertainment SA is set to open a Toronto studio that will create 800 jobs over 10 years, the Ontario government said on Monday.

Chinese President Hu Jintao's visit to Italy generated over $2 billion worth of deals between the two countries on Monday, including a Fiat SpA (FIA.MI) joint venture to produce cars and engines in China.

U.S. power plant emissions of sulfur dioxide dropped sharply in the first half of the year as the electricity industry prepared for tighter regulation in 2010, Genscape said Monday.

The U.S. Justice Department has begun looking at big telecom companies to try to determine if they have abused their market power, the Wall Street Journal reported in its online edition on Monday.

The U.S. Justice Department has begun looking at big telecom companies to try to determine if they have abused their market power, the Wall Street Journal reported in its online edition on Monday.

The U.S. Justice Department has begun looking at big telecom companies to try to determine if they have abused their market power, the Wall Street Journal reported in its online edition on Monday.

Oil settled 4 percent lower on Monday as doubts over a potential rebound in the global economy spurred investor risk aversion.

General Motors Corp has been given about a third of the bankruptcy financing promised by the U.S. Treasury and will get the remaining $20 billion over the remainder of the year, a senior U.S. official said on Monday.

Automobile output in Brazil climbed in June for the second straight month as manufacturers stepped up production to meet growing consumer demand, the national automakers' association Anfavea said on Monday.

Italian auto maker Fiat (FIA.MI) has agreed a 50-50 joint venture deal with China's Guangzhou Automobile Industry Group to produce car engines in China.

A federal bankruptcy judge will decide the immediate fate of General Motors Corp's effort to quickly sell its best assets to a group funded by the U.S. government, after a three-day court hearing concluded on Thursday.

The Nasdaq and the S&P 500 fell on Monday as concerns about the strength of an economic recovery kept pressure on stocks and commodity prices.