IBT Staff Reporter

Sony and Comcast are working together to open a unique co-branded retail experience in the Comcast Center: Sony Style Comcast Labs.

Canon introduced a set of user-friendly LCD projectors ideal for use in educational and business environments on Tuesday.

Apple Inc unveiled new software for the iPhone that will support some long-anticipated features, such as copy-and-paste of text and picture messaging, as the company pushes to stay competitive in the phone market.

Design software maker Adobe Systems Inc forecast a decline in quarterly profit in line with Wall Street projections as it blamed the weak economy for a projected revenue drop.

The first asset-backed securities offering under the Federal Reserve's TALF program met with robust demand on Tuesday, leaving hungry investors clamoring for more of Nissan's $1.3 billion deal.

U.S. prosecutors stepped up the pressure on Bernard Madoff's family on Tuesday, signaling their intent to ask for $31.5 million from loans to his sons and $2.6 million worth of his wife's jewelry.

Google Inc released a new version of its Chrome Web browser on Tuesday, as the search giant continues its efforts to get a foothold in a market dominated by Microsoft Corp.

The state of New Jersey on Tuesday sued Lehman Brothers executives and directors for fraud and misrepresentation, Gov. Jon Corzine said, seeking to recover the $118 million lost by state pension funds.

A healthcare agreement struck between Ford Motor Co and the United Auto Workers would not work for General Motors Corp , GM's chief executive said on Tuesday.

Stocks surged on Tuesday as an unexpected leap in housing starts pushed Home Depot and other retailers higher while bullish comments from a broker on Cisco Systems helped technology shares rebound.

Design software maker Adobe Systems Inc forecast a decline in quarterly profit that was in line with Wall Street projections, sending its shares up 2 percent.

U.S. housing starts and permits rebounded in February from record lows, rising for the first time in 10 months, according to data on Tuesday that gave a glimmer of hope for the recession-hit economy.

Stocks surged on Tuesday as an unexpected leap in housing starts pushed Home Depot and other retailers higher while bullish comments from a broker on Cisco Systems helped technology shares rebound.

Outraged U.S. lawmakers proposed a special surtax on Tuesday on millions of dollars in executive bonuses at bailed-out insurer American International Group Inc amid howls of protest over the payouts.

At a special media event on Tuesday, Apple previewed a string of new and impressive iPhone OS features, including Cut and Paste, MMS, voice memos and support for turn by turn directions.

Lions Gate Entertainment Corp has hired an advisory team including investment bank Morgan Stanley and the law firm Wachtell, Lipton, Rosen and Katz to launch a defense against financier Carl Icahn, according to two people with knowledge of the situation.

Apple Inc unveiled an iPhone software upgrade with new features ranging from copy-and-paste and message notifications to picture messaging, as the company pursued further growth in a hotly contested cellphone market.

Media company Discovery Communications Inc has sued Amazon.com, accusing the online retailer's Kindle of infringing its patent on electronic book technology.

Media company Discovery Communications Inc has sued Amazon.com, accusing the online retailer's Kindle of infringing its patent on electronic book technology.

Oil rose nearly $2 a barrel on Tuesday as better-than-expected U.S. housing data helped lift markets.

Oil rose over $2 a barrel on Tuesday as equity markets continued to move higher after U.S. housing starts rebounded unexpectedly in February.

Pope Benedict arrived in Africa on Tuesday, where he said the continent's people were suffering disproportionately due to the global challenges of food shortages, financial crises and climate change.

The United Nations is very concerned about the health of an American U.N. official kidnapped in Pakistan last month and wants him released as soon as possible, a spokeswoman said on Tuesday.

The U.N. narcotics watchdog on Tuesday issued guidelines on how to crack down on Internet drug peddling at the request of governments struggling to contain growing abuse of prescription drugs.

Stocks jumped on Tuesday as an unexpected surge in February housing starts gave investors a rare bit of good economic news, and an upbeat broker comment on bellwether Cisco Systems drove technology shares sharply higher.

With General Electric Co having gone through a very volatile year so far, and shares at $10, the question of whether to buy or sell hinges on two factors.

The Internal Revenue Service issued new rules on Tuesday that would allow victims of Ponzi schemes like the one run by Bernard Madoff to recoup some money by claiming theft losses on their tax returns for 2008.

Japan's drugmakers will sit out a wave of consolidation sweeping through the industry, focusing instead on integrating past acquisitions and smaller, bolt-on deals.

U.S. stocks jumped on Tuesday as an unexpected surge in February housing starts gave investors a rare bit of good economic news, and an upbeat broker comment on bellwether Cisco Systems drove technology shares sharply higher.