IBT Staff Reporter

Volkswagen said it had not presented Porsche with an ultimatum to accept its layout for a merger of the two carmakers, denying a media report and accusations from Porsche.

Los Angeles police on Saturday again questioned Michael Jackson's doctor, while the family of the pop music icon ordered its own private autopsy two days after his death shocked fans around the world.

Lenovo said Friday it is offering free Windows 7 upgrades to customers who buy a Windows Vista PC, following a similar deal from Hewlett-Packard.

The Rev. Jesse Jackson said Saturday that the family wants a second independent autopsy of Jackson's body because of unanswered questions about how he died.

Several newspapers in Argentina and the U.S. are showcasing a video of an Argentinean woman believed to be South Carolina's Governor Mark Sanford mistress.

The family of Michael Jackson was speechless and devastated about the sudden death of the singer who at age 50 died from cardiac arrest in a Los Angeles hospital

Michael Jackson's body will undergo a second autopsy in Los Angeles on Saturday after his family requested it to determine a cause for his death, the Rev. Jesse Jackson told the Associated Press today.

In New York 500,000 people have been infected by swine flu, a much higher number than initially estimated by the city's Department of Health, the New York Post reported citing federal officials.

Cheyenne Woods, Tiger's 18-year-old niece, made her LPGA debut this week, but missed her professional gulf debut on Saturday by shooting a 2-over 74 in the second round of the Wegmans LPGA.

As the financial crisis further deepens, China's software sector saw a 5.7% drop in the revenue growth rate during the first five months of 2009 and the ongoing industrial restructuring continued, the Ministry of Industry and Information Technology (MIIT) released in a report this week.

The potential buyer of General Motors Corp's Hummer division will begin formal talks with Chinese regulators on Monday in an effort to win approval for its acquisition, The Wall Street Journal reported on Saturday.

Rev. Jesse Jackson said Michael Jackson's family wants an independent autopsy done on the pop star, according to USA Today.

Policymakers should continue pushing to make financial markets more resilient as they still showed signs of fragility, Financial Stability Board Chairman Mario Draghi said on Saturday.

Too many regulators will only increase costs and reduce credit opportunities for consumers, JPMorgan Chase & Co Chief Executive Jamie Dimon warned in a column he wrote in Saturday's Wall Street Journal.

Eleven countries joined hands in TOUR ASIA GROUP (TAG) to create Asia’s largest tour network for the first time in the travel history.

Myanmar has confirmed its first case of H1N1 influenza after a schoolgirl returning from Singapore tested positive for the virus, state radio reported on Saturday.

A bidder agreed to pay $1.68 million (1 million pound) for a steak lunch with billionaire investor Warren Buffett in a charity auction completed Friday night, according to eBay's website, where the bidding took place.

Japan and South Korea agreed on Saturday on the need to start examining an exit strategy for their expansionary fiscal policies as they overcome the worst of the global recession.

This is a luxury journey to end all luxury trips: soaking in five of the best getaways in New Zealand – three of them judged among the best hideaway spots in the world.

John Hurley, the governor of Ireland's central bank and a member of the European Central Bank's Governing Council, will retire from the positions on September 25, his spokesman said on Saturday.

In compiling Travel + Leisure’s fourth annual It List, our editors once again visited hundreds of new hotels around the globe. What makes 2009 different? Properties closer to home really caught our attention: there are a record number in the United States alone.

Thousands of red shirt supporters of ousted Thai prime minister Thaksin Shinawatra rallied in Bangkok on Saturday in their biggest protest since violent street clashes two months ago.

NATO and Russia on Saturday re-launched formal cooperation on security threats, an alliance official said after their first high-level talks since falling out over the Georgia war last year.

The body of Michael Jackson has been released to his family for burial, a Los Angeles County coroner's spokesman said on Saturday, after an autopsy failed to immediately determine what killed the troubled pop star.

Bank of New York Mellon Corp will have further writedowns as a result of the securitized mortgages it still has on its books, the bank's chief executive was quoted as saying on Saturday.

Porsche accused Volkswagen and its key shareholder Lower Saxony of extortion following a magazine report that VW and the regional state had demanded Porsche accept a tie-up of the two carmakers with VW in charge.

The remaining tickets not claimed for the Virgin Mobile Festival and tickets can now be found free at www.ticketmaster.com after starting at 10am this morning.

Sanofi-Aventis's diabetes drug Lantus may increase the risk of cancer, according to European studies involving some 300,000 insulin-treated patients, prompting a call from experts for more research.

Sony on Friday named Kunimasa Suzuki as the new head the Strategy Planning and Product Planning divisions of SCEI, and will report and assist Kaz Hirai in managing the operations of the PlayStation in overall business.