Business

People from all over the world braved long lines outside Apple stores on Friday as the new iPhone 5S & 5C premiered, USA Today reported.Two weeks ago, the Apple company unveiled the two new iPhones, and the iOS7 model went on the market on Wednesday.

Ty Warner, the owner and founder of Ty Inc, and creator of Beanie Babies, is set to plead guilty to tax evasion after hiding millions of dollars in a secret Swiss bank account, the Justice Department announced on Wednesday.

Hiroshi Yamauchi, the man who ran the primier Kyoto-based Nintendo Co. franchise, and was once ranked Japan's richest man, has died at age 85,