IBT Staff Reporter

The U.S. military said on Monday it had documented 44 incidents of Afghan insurgents using or possessing white phosphorus ammunition, in response to a Reuters report last week of the first known casualty from the chemical.

The White House on Monday raised its forecast for this year's U.S. budget deficit by $89 billion due to the recession, millions of new unemployment claims and corporate bailouts.

The future of tourism includes ultra-health-conscious hotels, a surge in river cruises, abundant choices for medical trips—and sky nannies.

Newlyweds will surely find bliss in these far-flung romantic retreats (though they might be paying back the bills for a lifetime).

Goldman Sachs Group Inc agreed to pay up to $60 million to settle a Massachusetts probe into whether its subprime mortgage securitization business had encouraged unfair loans, state officials said on Monday.

Norway opened a 560 kilometer (350 mile) hydrogen highway on Monday with more than a dozen hydrogen-powered cars rallying along a scenic route between its capital city Oslo and North Sea oil hub Stavanger.

Microsoft Corp on Monday launched a $3.75 billion debt issue, its first foray into the U.S. corporate bond market as it joined a spate of companies taking advantage of good borrowing conditions.

The Justice Department's top antitrust official announced on Monday a return to a more aggressive approach to dealing with dominant companies that use their position to crush competition.

At America’s stadiums, Dungeness crab sandwiches, Kansas City ribs, and slow-cooked pork tacos take center field.

Japanese electronics giant Toshiba Corp won permission from European regulators on Monday to acquire the hard disk drive business of rival Fujitsu Ltd in a deal worth 30 billion yen ($305 million).

Citigroup Inc investors withheld more than 20 percent of their votes for the reelection of four directors, after critics said the board's lack of oversight contributed to a series of government bailouts and $37.5 billion of losses over 15 months.

Iran has released an American journalist jailed for four months on Monday after an appeals court suspended her sentence on charges of spying for the United States.

Stocks mostly fell on Monday, weighed by profit taking after a two-month climb and news of several banks' share offerings that cooled interest in the financial sector.

Microsoft will be releasing up to 10 updates for Windows 7 Release Candidate software this week but the release do not add any updates for users using the new O.S.

Software giant Microsoft will lay off about 55 employees in India, which is one per cent of its Indian staff, the chairman of Microsoft India said on Monday.

Energizer Holdings Inc said on Monday it will sell 9.5 million shares of common stock offering to pay its newly acquired S.C Johnsons and Son Inc’s Edge and Skintimate shave business, and to pay its current debt.

The Justice Department's top antitrust official announced on Monday a return to a more aggressive approach to dealing with dominant companies that use their position to squelch competition.

U.S. President Barack Obama will pay his first visit to Russia as president on July 6-8, the Kremlin said on Monday.

General Motors Corp is open to considering moving its headquarters from Detroit, selling U.S. plants and renegotiating its restructuring plan with its major union as it heads toward probable bankruptcy, the automaker's chief executive said on Monday.

A German office worker was found guilty on Monday of the savage murder of a British man whose girlfriend he had become obsessed with after they met on a website.

If may affect as many as half of U.S. teenagers, can be as bad or worse than being beaten up in the schoolyard, and is so relentless and emotionally devastating that suicide can sometimes be the result.

U.S. solar firm Energy Conversion Devices, Inc. is planning to develop rooftop solar projects totaling 10 megawatts of power capacity, the firm announced on Monday.

A teenage Nepali ski racer has been found in Paris via a campaign on social networking site Facebook two weeks after he disappeared from his team's base in the French Alps, the team said on Monday.

The Justice Department's top antitrust official announced on Monday a return to a more aggressive approach to dealing with dominant companies that use their position to squelch competition.

General Motors Corp is open to considering moving its headquarters from Detroit, selling off U.S. plants and even renegotiating parts of its restructuring plan with its major union, the new chief executive said on Monday.

The Organization for Economic Co-operation and Development (OECD) said Monday the unemployment rate for the OECD area rose to 7.6% in March, 0.3 percentage point higher than the previous month and 2.0 percentage points higher than a year earlier.

U.S. stocks fell on Monday as investors booked profits after a strong run and several major banks announced large common stock offerings to repay government bailout funds.

Nortel Networks Corp, which filed for bankruptcy protection earlier this year, said on Monday its quarterly loss widened as the global recession contributed to a steep drop in revenue.

General Motors Corp CEO Fritz Henderson said Monday in a conference call the company was