IBT Staff Reporter

Apple Corp. said on Monday that its third quarter earnings to the SEC would be delayed due to a stock option “irregularities” found at the company.

British Petroleum's shutdown of the largest United States oil field has could cause California gas prices to rise.

Biotechnology firm ImClone said on Thursday that it had failed to find a buyer for the company six months after beginning its search at the beginning of the year.

SanDisk Corp., the worlds largest flash memory supplier, has been sued by two parties with regards to its proposed acquisition of M-Systems Ltd., the firm said on Thursday.

Target Corp., the US market's second largest retailer, endured an uncertain economy in the latest quarter to earn a solid profit which beat Wall Street expectations.

Social book-marking website, del.icio.us (pronounced delicious) has seen traffic grow two-fold in the past 8 months, garnering an audience with a higher than average income and education, according to a just-released study.

Nvidia Corp. posted higher-than-expected revenue on Thursday, but said it would have to postpone a detailed earnings report due to an ongoing investigation from the SEC.

In the Darwinian evolution of electronic companions, first came the speaking doll, then the Tamagotchi virtual pet, then Sony's short-lived AIBO dog.

Can technology create a non-hijackable plane?By 2008, European researchers aim to bring that vision closer to reality through an ambitious security program to combat on-board threats in an industry left reeling this week by a security scare that raised the specter of September 11.

Internet gaming group BETonSPORTS, which removed its chief executive from his job following his detention in Texas last month on racketeering charges, said on Friday it was closing down the U.S. business, which drives the vast majority of the company's profits.

The world can cope for now with the loss of about 1 million barrels per day (bpd) of oil from Alaska and Nigeria, but the pressure is on exporter group OPEC to fill the gap, the International Energy Agency said on Friday.

Gone are the days when companies promised flashy cars and gourmet meals to attract and keep top employees. These days, practical tools for balancing work and life are the best reward, according to new research.

Makers of security equipment are the most likely to benefit from the heightened alert at airports after British police foiled a plot to blow up planes flying between Britain and the United States.

The battle between two hyped formats for high-definition DVD will confuse shoppers and turn many of them off the whole technology, a London-based research firm predicted on Friday.

South Africa's telecommunication giant Telkom's proposed takeover of IT company Business Connexion Ltd has been delayed as certain conditions have not been met on time, the group said on Thursday.

Tokyo residents have the highest purchasing power in the world, overriding residents in Los Angeles, London, New York and Sydney, according to a new survey released on Wednesday by Swiss banking giant UBS.

Nigeria is set to receive a $2.5-billion loan from the US Federal Government to assist government plans to rehabilitate and modernize the country's dilapidated railway system, President Olusegun Obasanjo said on Wednesday.

Intel Corp., the worlds largest processor and graphics supplier, announced today that it will unveil the inner workings of its software to the open-source community, aiming to promote development.

Sun announced the first two members of a midrange storage family, the StorageTek 6140 and the StorageTek 6540 disk arrays on Thursday.

Qimonda AG, the DRAM spin-off of Germany's Infineon Technologies AG, raised $546 million in initial public offering (IPO) on Tuesday, cutting the size of the planned sale by half.

Sprint Nextel Corp. said on Thursday that it had secured a $1 million settlement from 1st Source Information Specialists in its case against the company related to the sale of call detail records.

MTV Networks, a division of Viacom, has agreed to purchase online media company Atom Entertainment for $200 million on Wednesday.

General Motors Corp. on Thursday said it would build a revived version of the Camaro muscle car to go on sale in early 2009.

Cocoa pods are swelling on the trees as Ivory Coast nears the start of another lucrative crop, but farmer Drissa Zoungrana feels only despair.

The U.S. economy will grow at a sluggish pace for the remainder of this year and into 2007 as the worst of inflationary pressure is yet to come, a survey of top forecasters showed on Thursday.

The profit-oriented market economy is seen working against Beijing's plan to reduce aluminum capacity in China.

Alltel Corp. said on Thursday it is starting to offer cellphone customers radio channels from XM Satellite Radio Holdings Inc. as part of a bid to boost revenue with new services.

Motorola, the top cell-phone provider in the United States, saw its market share increase in the second quarter, with growth nearly three times its larger rival, Nokia.

According to latest industry research, half of all U.S internet users visited news websites in June 2006, demonstrating consumers' reliance on the Web as a source for news information.