IBT Staff Reporter

Australian Dollar: The Australian Dollar opens at a 3-month high against its U.S. counterpart at 0.7250 as commodity prices continue their recent run higher. Positive sentiment

German Billionaire Adolf Merckle commits suicide, after being hit by a train, on Monday.

With the slumping global economy, many people are falling into despair amidst the bleak situation.

Crowds cheers all around as Phil Schiller takes the stage before a packed audience.

Vogue model Liskula Cohen is suing Google with a defamation suit over a blog post hosted by the search engine that describes her as a skank and and old hag, reported the New York Daily News.

With the situation in all the sectors worsening the New Year is proving to be no good for neither companies nor employees.

Northern Ireland is being linked to the rest of the world by an underwater communications cable for the first time.

Apple unveiled revisions to its iLife and iWork software packages Tuesday at the Macworld 2009 show for developers in San Francisco.

Retail movement of Sony's powerful home gaming system picked up during 2008, with growth more than doubling over the Christmas season according to reports.

You've heard the talk of Green throughout the whole of 2008, but the way a product affects the environment will be a huge consideration in consumer buying habits, at least when it comes to gadgets.

As Macworld comes to a close this week, and the keynote ended unceremoniously on Tuesday, those who eagerly awaited an iPhone nano can still get their hands on one -- just not from Apple.

Chip sales in the Americas have fallen to $2.61 billion in November 2008, down 23.9 percent from $3.43 billion in November 2007, according to the latest figures from the World Semiconductor Trade Statistics Organization (WSTS).

Sales of videogame products dropped by 15.3 percent in Japan last year, according to entertainment magazine, Enterbrain.

Nokia is urging cell phone operators to block a certain text-message that when sent to Nokia handsets, prevents that handset to receive any more messages -- ever.

Amid a swathe of negative publicity against its Playstation 3 device, Sony fired back late Wednesday, issuing a press-release blasting its competitors as lacking features and value.

Graphics card maker Nvidia introduced a product on Thursday that has 480 cores that can calculate at nearly 2 teraflops.

Palm Inc. on Thursday unveiled its long-awaited new software for touch screen smartphones and a new phone, as it vies to rejuvenate its ailing business.

OHIO - Police say a 4-year-old Ohio boy shot his babysitter with a shotgun in revenge for accidentally stepped on his foot and was angry.

An Australian woman has been charged with murder after allegedly setting her husband's genitals on fire because she thought he was having an affair.

Many stars including Oprah Winfrey, Tom Hanks and Tom Cruise have sent their condolences to John Travolta and Kelly Preston.

Former congressman, Bill Clinton and White House chief of staff, Leon Panetta will be President-elect Barack Obama's CIA Director, according to media reports Monday.

The upcoming four-day Consumer Electronics Show this week in Las Vegas and the anticipated Macworld event that starts Monday shows distinctiveness.

The Internal Revenue Service has reduced the standard mileage reimbursement rate for business miles from 58.5 cents to 55 cents per mile; the rate for use by local and state employees also is reduced.

Leon Panetta a former eight-term congressman from California has been a former chairman of the House Budget Committee, budget director and Clinton White House chief of staff and recently member of the bipartisan Iraq Study Group was the choice that President-elect Barack Obama made for Director of Central Intelligence Agency , according to media reports Monday.

Girl Scout Cookie Program that is more than raising money has a lasting impact on girls by building life skills such as leadership, money management, decision-making, teamwork and goal setting, Susan Thompson with the Black Diamond Girl Scout Council says.

William Nelson, 4-year-old reunites with his father after a gunman who killed his mother, Jennifer Nelson, abandoned him at a rest stop in Madison County by a traveling couple.

The machine is billed as the world's first hybrid storage notebook and uses both a SSD and an internal HDD which MSI was planning to show off this coming week at CES.

CAROLINA BEACH, N.C. — Pat Hingle, 84, a veteran actor whose was known as Commissioner Gordon in the first four Batman movies in the 1990s, has died after battling blood cancer.

The Minnesota Canvassing Board ruled Democrat Al Franken, the comedian and former radio host, won the razor-close election recount by 225 votes out of nearly 3 million cast Nov. 4