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Hutchison Resubmits Bid For Debt-Laden Irish Telecom

Orange Austria, 3, Hutchison
Hong Kong-based diversified holding company Hutchison Whampoa Ltd. (Hong Kong: 0013) resubmitted its ?2 billion ($2.62 billion) cash bid for Dublin-based Eircom Group Ltd., the closely held fixed, mobile and broadband telecommunications services provider.
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An employee works on an assembly line of Toyota Motor Corp's hybrid car "Prius" at Tsutsumi plant in Toyota Dec. 9 2011

Toyota April Car Sales Rise 11% On Strong Hybrid Demand

Toyota Motor Corporation (NYSE: TM) U.S. April sales rose 11.6 percent, despite fewer selling days than the previous year, as consumer demand for hybrid vehicles like the Camry Hybrid and Prius remained high, the company reported Tuesday.
2012 Honda Civic Hybrid

Honda April Sales in US Slip Slightly, Civic Hybrid Gains Big

Honda Motor Company Limited (NYSE: HMC) said Tuesday that U.S. sales last month fell 2.2 percent because of three fewer selling days than in April 2011, but on a selling-day adjusted basis sales actually jumped 10 percent on strong demand for Accord and Civic hybrids.
A GMC vehicle is seen parked outside of the New York Stock Exchange

GM April Car Sales Fall, Fewer Selling Days Blamed

General Motors Company (NYSE: GM), the world's largest car company, reported an 8.2 percent drop in April sales on declining fleet sales and fewer selling days compared to the year before.
Liquid Metal iPhone 5 Concept - French Designer Antoine Brieux Interprets Apple's Rumored Specs

Liquid Metal iPhone 5 Concept Surfaces: French Designer Antoine Brieux Interprets Apple's Rumored Specs [PICTURES]

Many believe Apple will finally use its recently licensed patents for liquid metal in its sixth-generation iPhone, presumably called the iPhone 5. In response to these rumors, French designer Antoine Brieux conjured up several artist renderings of what the liquid metal iPhone could look like. Check out pictures of Brieux's iPhone 5 liquid metal LM concept here.
International Business Times Logo

Fashion 101: Three Online Brands Offer Their Recipes For Success In The Digital Space

Stunning clothes, exotic models and fabulous parties might sound like fun and games but peel back the glamorous layers and you quickly see that fashion is serious business. A serious billion dollar business, to be precise. Three brands offered up their recipes for success in the digital space to IBTimes Fashion & Life. Here is what they said.
U.S. Federal Reserve Chairman Ben Bernanke testifies before a Senate Budget Committee hearing on the outlook for the U.S. Monetary and Fiscal Policy on Capitol Hill in Washington, in this February 7, 2012 file photograph.

Weaker Economic Data May Bring QE3 Closer

The one constant that we can rely on is the willingness of the Federal Reserve to act promptly if the data were to become unambiguously negative
M & A

Mergers, Acquisitions Increase: Sunoco, Delta, Payless Shoe

Mergers and acquisitions are on the upstream as low interest rates, rising business and consumer confidence plus depressed prices for some assets have companies seeking buys that will allow them to expand or cut costs through synergy.
Apple

Apple Sidestepping Taxes? Try Telling The 26 Companies That Have Paid $0 Since 2008

Apple Inc. has developed a knack for sidestepping federal income-tax obligations through an intricate paper shuffle and a smattering of subsidiaries around the world. But its tactics fall far short of the nuanced approach taken by 26 companies that paid zero dollars in federal taxes over the last four years.
iPhone 5 Features - Apple Develops NFC Patent For Gift-Giving Through iTunes

iPhone 5 Feature? Apple Introduces NFC Patent For iTunes Gift-Giving [PICTURES]

Recently-granted patents suggest Apple will implement a near-field communication (NFC) chip into its sixth-generation iPhone -- presumably called the iPhone 5 -- but in addition to sending and receiving payments from customers to merchants, Apple will also reportedly use this chip to send and receive gifts from one iPhone to another.
Ferrari

Italian Tax Police Recover ?6 Billion in Evasion Crackdown

The country's tax police said they caught more than 2,100 people who had failed to pay their taxes for at least a year, including a car dealer who ran his business out of his home and an accountant who concealed 13 million euros in taxes.
Simon Property

Simon Property Group Profit Triples In 1Q, Raises Guidance

Simon Property Group Inc. (NYSE: SPG), the largest U.S. mall landlord, said Friday its profits more than tripled in the first quarter as the value of its properties rose and higher rents and occupancy rates boosted its revenue.

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