UNITED STATES

World's best dressed of 2009 give tips on bargain buys

IBTimes Logo
U.S. presidential couple Barack and Michelle Obama, Brad Pitt and French first lady Carla Bruni-Sarkozy all made the cut for an annual list of the world's best dressed -- and gave a few tips on where to find bargains.

Wall St sags as Cisco, telecoms offset jobless data

IBTimes Logo
U.S. stocks fell for the second day on Thursday as Cisco's cautious outlook for a recovery and falling telecom stocks offset optimism about the economy spurred by a steep drop in the number of workers filing new claims for jobless benefits.
IBTimes Logo

Apple's iPhone 3G & 3GS land in China (Photos)

Senior officials from Apple Inc had begun negotiations with China Unicom in Beijing, a source close to both sides told Netease on Monday night, noting that the iPhone 3G and iPhone 3GS will be introduced to China at the same time.
More news
IBTimes Logo

Comcast loses more video subscribers; profits up

No. 1 U.S. cable operator Comcast Corp lost more video subscribers than expected in the second quarter amid the weak economy and stiff competition from phone and satellite companies, but profit beat forecasts due to better cost controls and tax gains.
IBTimes Logo

Avago shares jump in debut

Avago Technologies Ltd shares immediately jumped 10.1 percent in their trading debut on Thursday, following the chipmaker's initial public offering.
IBTimes Logo

Jobless claims point to stabilizing labor market

The number of U.S. workers filing new claims for jobless benefits fell sharply last week, a government report showed on Thursday, boosting views the labor market and the economy were stabilizing.
IBTimes Logo

Little progress made between GM, Magna on Opel deal

General Motors has made little progress in resolving the key issues holding up a sale of its Opel operations to a consortium led by Magna, the U.S. carmaker's chief negotiator on the deal said on Thursday.
IBTimes Logo

Wall Street slips; telecom woes offset jobs data

U.S. stocks slipped on Thursday as drops in telecommunications and biotechnology stocks offset optimism about the economy spurred by a sharp fall in the number of workers filing new claims for jobless benefits.
IBTimes Logo

Mortgage servicers act for investors: regulators

U.S. regulators said on Thursday that residential mortgage servicers dealing with first and subordinated liens on the same property must focus on getting the best overall deal for the loan's owners.
IBTimes Logo

White House views splitting Fannie, Freddie assets

U.S. officials are considering a plan to isolate failing assets held by Fannie Mae and Freddie Mac, The Washington Post reported on Wednesday, while an administration official said such an idea was in the early stages of development.
IBTimes Logo

About half of U.S. mortgages seen underwater by 2011

The percentage of U.S. homeowners who owe more than their house is worth will nearly double to 48 percent in 2011 from 26 percent at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday.
IBTimes Logo

Japan opposition backs Obama's nuclear-free plan

Japan's main opposition Democratic Party, which has a good shot at winning power in a general election this month, said on Thursday it backed U.S. President Barack Obama's call to rid the world of nuclear arms.
IBTimes Logo

Clinton visit unlikely to change North Korea

The United States is playing down talk of a breakthrough with Pyongyang after former U.S. President Bill Clinton flew to North Korea this week to win the release of two jailed American journalists.
IBTimes Logo

Jobless claims fall sharply

The number of U.S. workers filing new claims for jobless benefits dropped more sharply-than-expected last week, a government report showed on Thursday, boosting views that the labor market and the economy were stabilizing.
IBTimes Logo

UK cannabis medicine maker GW lures U.S. investor

GW Pharmaceuticals Plc won a significant endorsement for its cannabis-based medicines on Thursday as U.S. investor Great Point Partners bought a multi-million pound stake in the company, sending GW shares sharply higher.
IBTimes Logo

Barclays says investors back BGI sale

British bank Barclays on Thursday said an overwhelming majority of its shareholders had approved the sale of investment management unit BGI to US fund manager Blackrock.
IBTimes Logo

Wall Street opens higher after jobs data

Stocks opened higher on Thursday as a sharp fall in the number of U.S. workers filing new claims for jobless benefits spurred optimism about the labor market and the pace of an economic recovery.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.