IBT Staff Reporter

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Apple unveils higher capacity iPod, iPhone models

Apple Inc on Tuesday introduced models of its popular iPod touch handheld computer and iPhone with double the memory available in previous versions. Apple, which said in January it had sold more than 4 million iPhones since sales began last June, says the iPhone will now also sell with 16 gigabytes of memory.

Kenya death toll hits 1,000, parties talk

The death toll from Kenya's post-election bloodletting has risen to 1,000, the Red Cross said on Tuesday, as political rivals began the toughest part of their negotiations so far. Fighting in west Kenya in recent days between rival ethnic gangs had increased the number of deaths, the Red Cross said.

A Super Tuesday showdown in 24 states

Voters in 24 states make their choices in an unpredictable U.S. presidential campaign on Tuesday, with Democrats Barack Obama and Hillary Clinton in a close fight and Republican John McCain aiming for a knockout blow against Mitt Romney.

Yahoo Music Migrates to Rhapsody

Yahoo Inc. said on Monday it will stop operating its online music service Yahoo Music and divert its customers to Rhapsody music service, which is run by RealNetworks Inc and Viacom Inc, in a deal that will allow Yahoo to promote Rhapsody on its site.

News Corp.'s Profit Advances

News Corp said net profit in its fiscal second quarter ended December 31 rose to $832 million, or 27 cents per share, from $822 million, or 26 cents per share, a year earlier.

Platinum Hit Records, Gold Down

Platinum soared to a record high of $1,800 an ounce for the first time Monday as investors bet that a power shortage in top producing South Africa will tighten global supply for the precious metal. Gold traded 4 percent it record from last week.

US Stocks Drop on Bank Downgrades

U.S. stocks finished lower on Monday following last week's big rally, as investors trimmed positions caused by troubled financial sectors which suffered from several broker downgrades.

Super Bowl '08 Potential Record Audience

Preliminary viewer results from the Super Bowl game on Sunday, showed that viewership was up 9 percent from last year's game, according to Nielsen Media Research on Monday.

Factory Orders Rose in December, Report

New orders at U.S. factories reported a fourth consecutive increase in December, though it was the steepest gain since July, hinting that business spending on new equipment is growing, the Commerce Department reported Monday.

Giants shock Patriots to win Super Bowl

The New York Giants achieved one of the biggest upsets in NFL history with a 17-14 victory over the previously undefeated New England Patriots in the Super Bowl on Sunday.

Yahoo may consider Google alliance, source says

Yahoo Inc would consider a business alliance with Google Inc as one way to rebuff a $44.6 billion takeover proposal by Microsoft, a source familiar with Yahoo's strategy said on Sunday. Yahoo management may revisit talks it held with Google several months ago as an alternative to Microsoft's bid.

Trio set to make offers for Northern Rock

Billionaire Richard Branson, banker Luqman Arnold and an in-house management team are set to pitch formal offers for Britain's Northern Rock Plc on Monday, the government's deadline for bids. Branson has said his Virgin Group VA.UL will make an offer for the troubled bank ahead of the February 4 deadline, while Arnold's investment group Olivant and the in-house team have also said they will bid.

Vonage nearly sets up new VoIP Technology

Internet phone company Vonage Holding Corp. (NYSE:VG) has substantially completed workarounds in its Internet based telephone systems to begin moving away from technology that violated patents.

Thousands in Mexico Urge Government to Renegotiate NAFTA

Tens of thousands of agricultural workers and their union representatives gathered at Mexico City's downtown plaza, the Zocalo, on Thursday to complain about the agriculture provisions in the North American Free Trade Agreement between Canada, the United States and Mexico.

Google Rolls Out Social Graph API

Google launched a new application programming interface (API)on Friday that is designed to help developers make use of social networking relationship data.

Massachusetts Accuses Merrill Over Subprime

Massachusetts filed a civil complaint on Friday against brokerage Merrill Lynch and two brokers once employed at the firm, accusing the firm of fraud and misrepresentation when it sold complex securities its sold were unsuitable for the city that quickly became illiquid and lost most of their market value.

Super Bowl Fans Go Online During Game

Sunday's Super Bowl game will have fans glued to their screens with only quick breaks to check updates online, according to a pre-game survey by ComScore.

FX Summary - Feb 1

The dollar shrugged off a dismal labor report in early Friday trading – slipping initially following the release, but rallying sharply after traders digested the news. The greenback fell just shy of a fresh all-time low against the euro at

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