IBT Staff Reporter

Bill Gates, now working full time at his philanthropic foundation - the world's largest - says its assets lost 20 percent of the their value in 2008, but said spending would increase as it seeks to tackle global inequity ranging from education, to health issues.

On Monday Southern African Bishops urged African leaders to stop supporting Zimbabwe President Robert Mugabe or accept complicity in a passive genocide.

Mark Gottfried quits as Alabama Basketball head coach, The University announced Monday afternoon after 10 years of seasons.

The Senate Finance Committee confirmed the nomination of Timothy Geithner, 47, as President Barack Obama's Secretary of the Treasury.

Verizon Wireless introduces its femtocells to the market on Monday, a book-sized device that boosts cell phone signals within a new home is being sold now.

Lil' Wayne's first single off new rock album Prom Queen is set to released on a live stream from Wayne's Myspace page on January 27 at San Diego.While,'Rebirth' Rock album release is due on April 7, according to MTV.

A pre-released of Internet Explorer 8 (IE8) was introduced Monday, the next version of its Web browser.

Jon Favreau Obama's Speechwriter Girlfriend, Alejandra Campoverdi, is a White House deputy chief of staff assistant and also a Maxim Model is working with him at the White House.

On Monday Advanced Micro Devices (AMD) Company is making good on its 45nm roll-out plans -the company released five new low-power Shanghai-class Opteron processors and two more special edition chips.

The horror by Neil Gaiman won the top prize for children's literature: The 2009 John Newbery Medal Monday, according to the American Library Association.

Monday afternoon, the school of Alabama announced the resignation of basketball coach Mark Gottfried - UA Director of Athletics Mal Moore said in a statement today.

The Yankees team closed a one-year contract with Andy Pettitte for just under $6 million, with incentives that could push it close to $12 million.

American Express Co reported its 2008 fourth quarter net income fell 79 percent to $172 million or 15 cents per share compared to 71 cents in the prior year, the company said in a statement Monday.

A German motorist missed a bend in the road, broke through a barrier and hurtled up a bank, crash-landing on a church roof in eastern Germany, police said on Monday.

Singer Taylor Swift appearance on CBS's hit 'CSI: Crime Scene Investigation' has not aired yet however she says it's a part for the ages, according to People magazine.

This stunning city is perfect for an unforgettable romantic getaway. Stay in a swank hotel, enjoy romantic seafood dinners on the waterfront, indulge in shopping for exclusive designer goods, dance the night away in each other's arms, explore the colourful back streets and temples, hike up hilltops or stroll on the beach at sunset. Hong Kong has it all!

Hong Kong has a stunning array of glass, steel and marble-clad edifices that are monuments to modern architecture and some of the world's top architects. But in this city of contrasts you'll also find gems of colonial era architecture, some dating back more than 150 years.

British singer Leona Lewis latest music video is out and stars Gossip Girl star Chace Crawford in the dramatic clip.

General Motors responded to President Barack Obama's address on climate policies Monday, saying it was working aggressively to develop better hybrids and electric cars to reduce emissions and improve mileage.

General Motors responded to President Barack Obama's address on climate policies Monday, saying it was working aggressively to develop better hybrids and electric cars to reduce emissions and improve mileage.

Hong Kong has a stunning array of glass, steel and marble-clad edifices that are monuments to modern architecture and some of the world's top architects.

Culture and heritage are what sets Hong Kong apart from the rest of Asia – indeed the world. With 150 years of colonial history and a largely Chinese population, Hong Kong is a unique fusion of Western and Eastern cultures where the old and the new live side by side. Its incense-filled temples, colonial buildings and glass-and-steel skyscrapers, along with its ancient traditions and lively festiv...

Caterpillar Inc., Sprint Nextel Corp., Home Depot, Pfizer Inc., General Motors, ING Groep NV and Royal Phillips Electronics NY announced a combined 69,000 job cuts on Monday.

Chesley Sullenberger , the heroic pilot who safely landed Flight 1549 in the middle of New York City's Hudson River on January 15, has changed his first TV interview that was promised to NBC's Today, to 60 Minutes.

New acts have been added to the performance roster for the 51st annual Grammy Awards, and they are major.

Lantau Island features the world's tallest outdoor seated bronze Buddha, along with the Po Lin Monastery, Tai O village on stilts, Ngong Ping 360 and Hong Kong Disneyland.

Take the iconic Star Ferry to enjoy stunning views around the harbour, and don’t miss the nightly A Symphony of Lights show featuring harbour-front buildings.

General Motors Corp said Monday it is slashing 2,000 jobs at two plants in Michigan and Ohio and will reduce production in about 13 other factories as demand for vehicles drops.

Jessica Simpson showed off new curves as she performed in a concert over the weekend at Sunday's Radio 99.9 Kiss Country Chili Cook-off at Pembroke Pines, Fla.