Bolstered by good performance in India, China and other growth markets, IBM has reported a nearly six per cent increase in net income at USD 3.9 billion in the three months ended June 2012, even as its revenues slumped.

An Indian-American former Mckinsey partner, a key government witness in the high-profile insider trading trial of Wall Street tycoons Raj Rajaratnam and Rajat Gupta, was on Thursday sentenced to two y

The Knicks planned to cut ties with Jeremy Lin on Tuesday, allowing the popular point guard who spawned 'Lin-sanity' in New York to head to Houston, the New York Times reported.

Lin's fate has been t

Economist Nouriel Roubini is standing by his prediction for a global 'perfect storm' next year as economies the world over slow down or shudder to a complete halt, geopolitical risk grows and the euro

Intel Corp., the world's largest chipmaker, said on Tuesday that the weak global economy is slowing its growth, and revenue for the current quarter is likely to come in below Wall Street forecasts.

I

A New York bus driver has become a surprise hero after saving a seven-year-old girl who accidentally fell three stories from a Brooklyn apartment building.

"I just said 'Please, let me catch her, lor

Executives of HSBC Holdings Plc and its U.S. subsidiary are scheduled to testify on Tuesday before a Senate panel about how the London-based banking behemoth, after years of run-ins with U.S. authorit

With new public stock offerings for guitar maker Fender and travel booking website Kayak on deck next week, there are signs demand is starting to grow for IPOs after a five-week freeze triggered by a

US ratings agency Moody's downgraded Italy's government bond rating by two notches, citing the knock-on effects of a possible Greek exit from the eurozone and Spain's banking woes.

In reducing the ra

We double-dog dare you to check this out.

Two dogs got married on Thursday night at an extravaganza to benefit the Humane Society of New York.

Bride Baby Hope Diamond, a white Coton de Tulear with b