Result Page 4541 for United States news & latest pictures from ibtimes.com

Alcohol risks greater in teen-onset drinkers

Delaying the start of alcohol drinking might curb subsequent rates of alcohol-related injuries.

Bing surpasses Yahoo in global search wars

Microsoft's Bing.com search engine surpassed Yahoo to become the number two search on Thursday, one spot behind Google.

FDA releases list of potential drug risks

U.S. regulators on Thursday listed two dozen drugs, including weight-loss medicines and sleep disorder pills, that it is at an early stage of reviewing for potential safety problems.

Onex-Greenbriar group preferred ILFC bidder-source

American International Group Inc has picked a group that includes private equity firms Onex Corp and Greenbriar Equity Group as the preferred bidder for its aircraft leasing unit, a source familiar with the situation said on Friday.

More news

Wal-Mart sets new $15 billion share buyback plan

Wal-Mart Stores Inc's announced a new $15 billion share repurchase plan on Friday and said market share gains it has made amid the recession are permanent as a new normal emerges in which consumers seek to save money.

GM reaches deal to sell Saturn to Penske

General Motors Corp has reached a preliminary agreement to sell its Saturn brand to Penske Automotive Group in a deal that could preserve more than 350 dealerships and 13,000 jobs, the companies said on Friday.

Bomb kills 40 in Pakistan mosque as Holbrooke visits

A bomb blast killed around 40 worshippers attending Friday prayers at a mosque in a restive area of northwest Pakistan, a senior official in the area told Reuters.

Stocks, oil, dollar rise after U.S. jobs data

World stocks extended gains on Friday, rising toward this week's 7-1/2 month high after better-than-expected U.S. employment data reinforced investors' hopes that the world's biggest economy has passed its worst.

GM reaches deal to sell Saturn brand to Penske

Wall Street rises, Wal-Mart boosts Dow

U.S. stocks rose in choppy trading on Friday as investors grappled with conflicting monthly jobs data, with the Dow industrials boosted after Wal-Mart said it was buying back more of its shares.

Obama hopeful of Mideast peace progress this year

President Barack Obama expressed hope on Friday of making serious progress this year in Middle East peacemaking and said Israelis and Palestinians had to get serious about making tough compromises.

Stocks, oil surge after U.S. jobs data

World stocks and oil prices extended gains and government bonds tumbled on Friday after closely-watched data showed the U.S. economy lost a fewer-than-expected 345,000 jobs in May.

U.S. May payrolls fall 345,000

U.S. employers cut 345,000 jobs last month, the fewest since September and far less than forecast, according to a government report on Friday that was more evidence the economy's severe weakness was diminishing.

Oil falls back from $70 after U.S. jobs data

Oil hit a seven-month high above $70 per barrel on Friday after much better-than-expected U.S. employment data pushed stock markets higher.

U.S. job losses slow in May

U.S. employers cut 345,000 jobs last month, the fewest since September and far less than forecast, according to a government report on Friday that was the most definitive evidence the economy's severe weakness was diminishing.

Wal-Mart annual meet features cheers, Ben Stiller

Wal-Mart Stores Inc's annual meeting got under way on Friday amid raucous cheers as the world's largest retailer celebrates the gains it has made expanding its business despite a global economic downturn.

U.S. jobless rate hits 26-year high

Wall Street set for sharply higher open after data

U.S. stock index futures pointed to a sharply higher open on Friday as surprising May jobs data provided the most definitive evidence the recession was easing.

Hummer buy seen a rocky road for obscure China firm

A little-known Chinese heavy machinery maker could face a bumpy road ahead in its quest to buy General Motors' Hummer brand, facing pitfalls ranging from regulatory to financing issues.

Jobless rate hits 26-year high

EU approves Swedish aid to Volvo for green cars

The Swedish government won approval from the European Commission on Friday to guarantee loans from the European Investment Bank for Ford Motor Co unit Volvo to help co-finance the development of green cars.

U.S. lawmakers seek more nuclear power in bill

U.S. lawmakers on Thursday sought to increase incentives for nuclear power and energy efficiency in a measure that would require utilities to generate a certain amount of electricity from renewable sources.

Stock futures rise ahead of jobs data

U.S. stock index futures pointed to a higher open on Friday as investors awaited key monthly data on the labor market.

Daily Commentary - 05/06/2009

The Aussie dollar held firm in local trade yesterday despite a massive and unexpected turnaround in the countries trade balance.

Oil rises above $69, eyes on U.S. jobless data

Oil rose above $69 per barrel on Friday, within striking distance of a seven-month high, supported by a rally in stock markets and expectations that the global economic downturn might not be as severe as expected.