IBT Staff Reporter

Former Wimbledon champion Maria Sharapova presented a prototype dress to reporters that is designed to light up when the wearer's mobile telephone rings.

Bank of America Corp has been paying millions in bonuses in order to lure talent and retain investment bankers the company views as vital, the New York Post reported, citing sources.

Southern California Edison, a utility arm of Edison International, said on Wednesday it had signed contracts to buy up to 960 megawatts of power from solar thermal and wind power suppliers.

Stock index futures were little changed on Thursday ahead of figures for weekly jobless claims and other indicators that investors hoped would show the recovery was gaining traction.

Woo hoo! You have reached your destination! Homer Simpson, star character of U.S. cartoon show The Simpsons, is ready to take you where you want to go.

Shire Plc and Johnson & Johnson won the backing of Europe's highest court on Thursday in their battle for data exclusivity against a generic rival for Alzheimer's drug Reminyl, the court said.

French group Areva will sign on Thursday an agreement to start exclusive talks with U.S. power group Duke Energy to build a new generation nuclear reactor in Ohio, said a source close to the situation.

Bailed out U.S. insurer American International Group has chosen Deutsche Bank and Morgan Stanley as its joint global coordinators for a more than $4 billion IPO of its Asian life insurance unit, sources said on Thursday.

Dow Jones futures rose 0.1 percent and S&P 500 futures also rose 0.1 percent while Nasdaq futures fell 0.2 percent by 0913 GMT, suggesting a mixed start for U.S. stock markets on Thursday.

Massive policy stimulus should keep China growing at a respectable rate this year and next, but a robust recovery is unlikely given global weakness and soft non-government investment, the World Bank said on Thursday.

Oil rose further over $71 a barrel on Thursday, buoyed by weakness in the dollar and bullish data on Chinese and U.S. crude inventories.

Bankrupt U.S. auto parts maker Delphi Corp's debtor-in-possession lenders are mulling an offer for the company, the New York Post said, citing a person familiar with the matter.

Bank of America Corp has been paying millions in bonuses in order to lure talent and retain investment bankers the company views as vital, the New York Post reported, citing sources.

NYSE Euronext said it had signed a deal with Depository Trust & Clearing Corp to form a joint venture for clearing U.S. fixed income derivatives.

Massive policy stimulus should keep China growing at a respectable rate this year and next, but a robust recovery is unlikely given global weakness and soft non-government investment, the World Bank said on Thursday.

NYSE Euronext , the world's top exchange operator by the size of its listings, is planning to establish a clearinghouse for fixed-income investments, the Wall Street Journal said.

Oil rose toward $72 a barrel on Thursday as the dollar weakened, and bullish data on China and U.S. crude inventories helped lift sentiment.

NYSE Euronext , the world's top exchange operator by the size of its listings, is planning to establish a clearinghouse for fixed-income investments, the Wall Street Journal said.

Asian stocks retreated on Thursday, with some investors booking profits after solid gains in the second quarter sparked by signs the global economy is starting to recover.

China could still increase its holdings of U.S. Treasuries if the dollar is stable, even though the long-term trajectory is to diversify its foreign exchange reserves, a former central bank governor said in an essay.

Oil paused at $71 a barrel on Thursday, as traders weighed a steady dollar against bullish data on China and U.S. crude inventories.

Oil paused above $71 a barrel on Thursday, as traders weighed a steady dollar against bullish data on Chinese fuel exports and U.S. crude inventories.

Microsoft Corp's Bing search engine won more market share from rivals last week, according to new industry data released on Wednesday, but still trails Google Inc and Yahoo Inc.

Cartoon Network launches the first part of its new CN Real block of reality programming tonight with the premiere of this spooky new series in which five teens armed with high-tech gear investigate creepy locations that are rumored to be haunted.

Intel Corporation on Wednesday reveals the forthcoming brand structure for the future microprocessors and technologies that lead to set aside the Centrino brand which was introduced in 2003.

European TV Market Heats up despite Economic Crisis With the European Union’s economy showing signs of recovery, television sales in the region are expected to rise in 2009 as consumers continue to snap up LCD-TVs, according to iSuppli Corp.

Amazon.com Inc. acquired Palo Alto, California based company SnapTell Inc. prior to Amazon plans to beef-up its mobile capabilities.

Dell on Wednesday introduced its new enterprise technology efficiency for small and medium businesses.

FedEx Corp., the global shipping service provider, said Tuesday it expects the operating environment in the next two quarters to be “extremely difficult,” expecting manufacturing to be negative through the summer and higher fuel prices to have a significant impact.