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Michael Kors IPO Valued at $3.6 Bil, Designer Seeks to Raise $792.3 Mil

Break out the bubbly, Michael Kors is going public, with an IPO valued at $3.6 billion.

Miami Art Museum Receives $35 Million, to be Renamed After Donor

Miami Art Museum Receives $35 Million to Rename after the Donor.

The Miami Art Museum will be renamed the Jorge M. Pérez Art Museum of Miami-Dade County after $35 million naming gift by a donor.

Jerry Sandusky Interview: 'I'm Not the Monster'

Jerry Sandusky gave his first on-camera interview since being charged with molesting eight boys over the course of 15 years, with more incidents reportedly under investigation. As the man at the center of the Pennsylvania State University child sex-abuse scandal, it may not have been a wise move.

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Obama's Re-election Odds Get Boost from Unemployment Report

Thanks to a positive unemployment report released Friday, which said America's unemployment rate fell to 8.6 percent, or its lowest level since March 2009, U.S. President Barack Obama's chances of getting re-elected have increased.

A New Yorker's Opinion: Employment, L Trains and Infrastructure, a Lament

Unemployment is down, but so is the financial position of job-finders. The New York City L train is shut too many weekends for piecemeal repairs, while desperately needed infrastructure needs go unmet. It's hurting small Williamsburg shops--and speaks to the proper role of government.

A New Yorker's Opinion: Employment, L Trains and Infrastructure, a Lament

A person uses the new Blackberry Bold 9900 at a release party to promote the BlackBerry OS 7 devices made by RIM in Toronto

Drunk RIM Employees Booted from Plane, Arrested

Two RIM employees were so drunk on a plane that the airline had to turn around and boot them off. The RIM employees were arrested and each pled guilty.

Why Clinton's Burma Trip Matters

Hilary Clinton is in Burma (Myanmar) meeting with ruling and opposition leaders in an effort to promote democracy.

A view of the Belgian headquarters of U.S. pharmaceutical giant Pfizer

Lipitor Generic Sales Could Be Unfairly Limited by Pfizer Agreements, Say 3 U.S. Senators

Three prominent United States senators wrote a letter to numerous drug makers Thursday, inquiring about Pfizer Inc.'s deals with insurers and pharmacy benefit managers that might limit the market for the selling of generic versions of the company's Lipitor cholesterol drug.

Ed Damiano (right) delivers insulin to his son David, at the family's home in Acton, Mass. Damiano is working on a bionic pancreas that will automatically control blood glucose in people with type 1 diabetes.

Diabetes Breakthrough Stalled in Safety Debate

It's a dream of medical science that looks tantalizingly within reach: the artificial pancreas, a potential breakthrough treatment for the scourge of type 1 diabetes.

Key Witness in Seabrook Case Gives Contradicting Accounts of Events During Trial

One of the key witnesses in the trial of City Councilman Larry B. Seabrook testified that she'd met with a doctor to discuss her diminishing memory and the onset of dementia, then gave contradictory accounts of several significant moments in the case.

Time Inc. Names Laura Lang as CEO

Digitas CEO Laura Lang will become the new head of Time Inc. beginning in January and nearly a year after the previous leader of the publishing company was shown the door.

Three City Council Members Introduce Resolution in Support of OWS

Three City Council Members Formalize OWS Support in Resolution

Three City Council members have introduced a resolution formalizing support for Occupy Wall Street and its message condemning economic inequality.

Herman Cain Vows to Continue Campaign in Defiant Ohio Speech

Herman Cain will not end his presidential campaign in response to the allegation that he had a 13-year extramarital affair, he said in a defiant speech in Dayton, Ohio, on Wednesday.

U.S. Secretary of State Clinton smiles upon her arrival in Naypyitaw, Myanmar

Clinton Makes Historic Visit to Myanmar

Arriving in Myanmar on Wednesday, Hillary Clinton became the first United States Secretary of State in more than 50 years to visit the country, also known as Burma.

Billionaire Leon Cooperman Sends Open Letter to President Obama [FULL TEXT]

Leon Cooperman sent a straightforward and scathing letter to President Obama Monday calling for reform and more accountability from President Obama calling for reform and more accountability from the administration.

Analysis: AT&T may struggle to find asset buyers

AT&T Inc will struggle to find buyers for any asset sale big enough to salvage its $39 billion deal to buy T-Mobile USA, with most likely buyers Leap Wireless International Inc and MetroPCS Communications lacking the cash.

IBTimes Exclusive: Pregnant U.S. Photographer Lynsey Addario Talks About 'Cruel' Treatment in Israel

Meet Lynsey Addario - a Pulitzer-winning news photographer who says being a woman works in her favor when she is out covering war zones, infamous for their gross ill-treatment of women.

Patagonia Tells Customers 'Don't Buy This Jacket' in Unconventional Black Friday, Cyber Monday Ad

Most retailers lured shoppers to their online and brick-and-mortar stores this Black Friday and Cyber Monday with ads promising deals that were too good to pass up. Outerwear retailer Patagonia, however, effectively tried to do the opposite.

Malaysia's lawyers and members from NGOs participate in a march to protest against the Peaceful Assembly Bill in Kuala Lumpur

Malaysia Lawmakers Approve Street Demonstration Ban; Lawyers, Activists Protest

Malaysian Bar Council President Lim Chee Wee said the ban on street demonstrations was outrageous.

The Empire State Building sits between the Bank of America building and the Chrysler Building at sunset in New York

Empire State Building Owners Plan to Form Public Company

The Malkin family, the New York landlords who own the Empire State Building, plan to file to become a publicly traded real estate investment trust (REIT) in around three months, it said in a Securities and Exchange Commission filing.

Jennifer Lopez Sued by Bronx Graffiti Artists after Faked Bronx Fiat Commercial

Jennifer Lopez has been sued by Bronx-based graffiti artists who say their artwork was used without permission in her Fiat commercial.

Democrats Push Payroll Tax Cut Amid Budget Showdown in Congress

New legislation introduced by Senate Democrats on Monday would prolong and increase a payroll tax cut pushed by President Barack Obama, while introducing a de facto millionaire's tax. The proposal is the first step in what will likely be a prolonged budgetary battle on Capitol Hill.