IBT Staff Reporter

On Thursday, White House press secretary Robert Gibbs confirmed at Thursday's press briefing that President Obama has held on to his beloved smart phone, though he did not provide details on what kind of BlackBerry the president is using.

Automaker Chrysler LLC will announce what it called extraordinary discounts later Thursday, part of a new incentive to sell dealer's inventories and boost sales.

Kent, 40, a five-time All-Star and the National League’s most valuable player in 2000, played 17 seasons in the major leagues and finally announced his retirement Thursday.

The Microsoft mogul is behind a $630-million push to force polio into permanent retreat. The Bill and Melinda Gates Foundation is donating $255 million to help eradicate polio.

Supreme Court Kills Internet pornography law by refusing to resurrect a federal law that requires web sites containing material harmful to minors to implement age-based access restrictions.

On Thursday, defensive coordinator Mike Trgovac turned down the 2 years extension offered to him to remain as coach on John Fox's dwindling staff.

Google profit sank 68 percent, to $382 million in the fourth quarter, but still beat analysts estimates. he company said the fall was due to impairment charges on its investments in Clearwire Corp and Time Warner Inc unit AOL.

Beanie Babies maker Ty Inc. is selling two new $10 dolls for their TyGirlz Collection: Sweet Sasha and Marvelous Malia.

Gwen Stefani's former band, No Doubt, announced they will have a summer tour in May this year. Paramore will be their opening act.

American International Group Inc. launched the sale of its Asian life insurance unit, American International Assurance Co. yesterday, aiming to rise up to $20 billion that will help the bank repay a $60 billion debt with the U.S. government.

Did you know that President Barack Obama is left-handed?

Intel Corp. said Wednesday it plans to close some facilities worldwide which will result in up to 6,000 manufacturing job cuts as it adjusts to slumping demand for chips in the current economic recession.

PC processor maker Advanced Micro Devices Inc. reported a net loss of 1.42 billion or $2.34 a share in the fourth quarter, recording its ninth consecutive loss as the global crisis hit the PC market reducing consumer spending and demand.

Toyota Motor Corp. is considering bringing its model iQ microcar to the U.S. but did not say when.

Sarah Palin may be ready to tell her story in print, according to reports.

Venus Williams looked flat and was ousted in the second round of the grand slam tournament by up-and-coming Carla Suarez Navarro of Spain 2-6, 6-3, 7-5.

Pres. Barack Obama gets a new Sectera Edge which will be used for official communication. And keep his blackberry for exclusively personal used, forced to give up mobile e-mail device.

Not everyone is celebrating Slumdog Millionaire's Oscar nominations today.

On Thursday, US Olympic Committee (USOC) named Michael Phelps, who made Olympic history with a stunning sweep of eight swim gold medals at the Beijing Games as the Sportsman of the Year.

The company that makes Beanie Babies Ty has launched two new dolls Marvelous Malia and Sweet Sasha for their TyGirlz Collection.

Today President Barak Obama set out his ethics and salary rules.

Changeling actress Angelina Jolie feels privileged for being nominated for the Best Leading Actress Oscar award.

A Pennsylvania man considered a bank error as 'a gift from God' when $ $177,250 was deposited into his joint account with his wife at FNB Bank last summer.

The Braves are looking to hire two announcers to serve in their new radio broadcast team.

Former chief executive officer of Merrill Lynch & Co. John Thain has resigned from Bank of America Corp, three weeks after the companies merged. Last week, Merrill Lynch reported greater than expected losses for its fourth quarter, forcing BofA to receive additional government bailout funds.

On Thursday, an Egyptian security official said three Palestinians were injured when a tunnel used by smugglers collapsed on the border between Egypt and the Hamas-ruled Gaza Strip.

Below are the reactions from Oscar nominated stars like Angelina Jolie, Viola Davis, Josh Brolin, director Gus Van Sant, A.R. Rahman and director Stephen Daldry.

Former amateur bodybuilder Jay McGwire, the youngest brother of baseball player Mark McGwire, reveals in his book details of Mark McGwire's use of performance enhancing drugs.

President Barack Obama signed an executive order on Thursday to require that a military prison in Guantanamo Bay be closed within one year.