IBT Staff Reporter

The Boston Globe has extended its deadline till midnight on Sunday for the unions to make $20 million in concessions in order to save the paper, a statement issued Saturday morning at 1am said.

Given the rapid popularity of Twitter, more and more people are finding ways to cash in on the powerful micro-blogging site.

The Boston Globe may learn its fate Sunday as management and a key union try to hash out concessions that parent company New York Times Co says are crucial to keeping newspaper alive.

Chrysler LLC will ask its bankruptcy judge tomorrow permission to sell of most of its assets by May 22, a person familiar with the matter told Bloomberg.

Chinese authorities have quarantined more than 70 apparently healthy Mexicans who they believe may have swine flu, Mexico's ambassador to Beijing said Sunday.

Berkshire Hathaway Inc’s chairman Warren Buffett, whose company owns a significant stake in Wells Fargo & Co, called it a “fabulous” bank that will do much better in a few years as a result of the economic crisis, according to a report.

Thirteen East and Southeast Asian countries agreed on Sunday to set up a $120 billion emergency fund for use in an economic downturn, the first independent move by Asia to shield itself from financial crisis.

Thirteen East and Southeast Asian countries agreed Sunday to set up an emergency $120 billion fund to provide liquidity to any of them in need of help during the economic downturn.

Thirteen East and Southeast Asian nations have agreed to set up an emergency $120 billion liquidity fund to counter the economic downturn, they said in a joint statement on Sunday.

Thirteen East and Southeast Asian countries are expected to endorse on Sunday an emergency $120 billion liquidity fund that the three largest of them finalized hours earlier to counter the economic downturn.

Japan, China and South Korea finalized details of an emergency $120 billion liquidity fund for 13 Asian nations on Sunday, a key regional initiative to counter the global economic downturn.

U.S. president Barack Obama said on Saturday he will take whatever necessary measures to prevent the flu outbreak and protect the safety and security of the American people.

China is to send a plane to Mexico to bring back some of its stranded tourists, Xinhua news agency reported Saturday, after a man was detected as the first confirmed case known as swine flu in Asia.

Recently, Facebook is suffering from rampant phishing attacks, pushing the online social website to bolstering its security.

A series of phishing attacks have struck Facebook and has continued on for a second day.

The Kentucky Derby Post Time is May 2, 2009 at6pm EST 3pm PST. The live telecast will be on NBC.

Contrary to what Steve Jobs once said that any laptop under $500 is a piece of junk, it appears that Apple is now actually considering lowering its prices on its most popular Mac models.

The financial sector will make up a smaller part of the U.S. economy in the future as new regulations clamp down on massive risk-taking, President Barack Obama said in an interview published on Saturday.

Warren Buffett is fond of newspapers -- he reads five a day -- but the billionaire investor warned shareholders of his Berkshire Hathaway Inc that the reeling industry may never recover because it lacks a sustainable business model.

Warren Buffett told a record crowd at a somber annual meeting of his Berkshire Hathaway Inc that first-quarter operating profit fell and the company's book value declined 6 percent, as the recession hurt many of the company's businesses and investments.

Warren Buffett told a record crowd at a somber annual meeting of his Berkshire Hathaway Inc that first-quarter operating profit fell and the company's book value declined 6 percent, as the recession weighed on many of the company's businesses and investments.

Jonas the first TV comedy series starring the Jonas Brothers, Kevin, Joe and Nick debuts Saturday night at 8 p.m. EST on the Disney Channel.

Wolfgang Porsche, head of the supervisory board of Porsche and patriarch of one of its two controlling families, said the carmaker will not be sold to Volkswagen .

Delta Air Lines Inc., Continental Airlines Inc., United Airlines and US Airways Group Inc. have each cut flights to Mexico following a reduction in demand due to the swine flu outbreak.

Google has equipped its Gmail email with new Search box to help end-users browse the web from without leaving their account and also added additional emoticons.

Google was sued over using 'Android' for trademark infringement along with 47 other international corporations.

Mexico's flu outbreak appeared to be stabilizing on Saturday but officials warned it was too early to ease vigilance against an unpredictable virus which still threatens a global pandemic.

Warren Buffett acknowledged on Saturday that his Berkshire Hathaway Inc will probably lose money on some of the derivatives contracts that have prompted some to speculate that the world's most famous investor has lost his touch.

Somali pirates hijacked a Greek and a Ukrainian ship on Saturday and a NATO warship briefly detained 19 pirates armed with high explosives after foiling an attack on a Norwegian tanker in the Gulf of Aden.