UNITED STATES

IBTimes Logo

Africa's upwardly mobile money

To 28-year-old Kenyan Mary Wanjiku, her cell phone is not just a cell phone. It is also a cheap, safe and easy way of sending her mother $40.

Senators spar over remarks by top court nominee

IBTimes Logo
Four key U.S. Senate Republicans on Sunday questioned past statements and legal decisions by Judge Sonia Sotomayor but stopped short of threatening to derail her nomination to the Supreme Court.
IBTimes Logo

Obama speech to Muslims key to new U.S. strategy

President Barack Obama will try to repair America's tarnished image in the Muslim world on Thursday, as he looks to mobilize support for restarting Middle East peacemaking and thwarting Iran's nuclear ambitions.
More news
IBTimes Logo

GM bondholder deadline passes as bankruptcy looms

General Motors Corp finished a key piece of business on Saturday before a bankruptcy filing planned for Monday as the deadline expired for bondholders to accept an exchange offer brokered by the Obama administration.
IBTimes Logo

Germany seals deal to save Opel

Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.
IBTimes Logo

Deadline passes for GM bondholders

General Motors Corp on Saturday finished a key piece of business before a bankruptcy filing planned for Monday as the deadline for bondholders to accept an exchange offer brokered by the Obama administration expired.
IBTimes Logo

Suu Kyi's health improves, ready for verdict

Myanmar opposition leader Aung San Suu Kyi's health has improved and she is ready to face a verdict that could see the Nobel laureate jailed for up to five years, her lawyers said on Saturday.
IBTimes Logo

Economic optimism may trump GM bankruptcy

Wall Street faces a historic shake-up next week as General Motors, a pillar of American industry, heads into bankruptcy, but the market could advance further if economic data signals the worst of the recession has passed.
IBTimes Logo

GM bondholders near deadline to accept new offer

General Motors Corp will find out on Saturday if investors holding $27 billion in the automaker's bonds will accept an exchange offer as it races to tie up loose ends before a bankruptcy filing next week.
IBTimes Logo

Germany seals deal to save Opel, Obama helps

Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.
IBTimes Logo

Susan Boyle to sing in Britain's Got Talent final

Global Internet sensation Susan Boyle competes in the final of Britain's Got Talent on Saturday amid signs she is struggling to cope with her sudden rise to stardom and constant media intrusion.
IBTimes Logo

Germany agrees deal with Magna, GM to save Opel

Germany reached a landmark deal with Canadian auto parts group Magna, General Motors and governments to save carmaker Opel from the imminent bankruptcy of its U.S. parent, German leaders said on Saturday.
IBTimes Logo

Judge pushes ruling on Chrysler's sale to Monday

The U.S. bankruptcy judge overseeing Chrysler LLC's bankruptcy case said on Friday he would issue an opinion sometime on Monday on the automaker's proposed sale of most assets to a new company run by Italy's Fiat SpA.
IBTimes Logo

Russia to discuss WTO entry

The European Union, the United States and Russia will hold detailed ministerial talks next week on Moscow's bid to join the World Trade Organization, diplomats said on Friday.
IBTimes Logo

Judge to decide on Chrysler-Fiat deal on Monday

The U.S. bankruptcy judge overseeing Chrysler LLC's bankruptcy case said on Friday he would issue an opinion sometime on Monday on the automaker's proposed sale of most assets to a new company run by Italy's Fiat SpA.
IBTimes Logo

GM to save Opel after striking deal with Magna

Germany reached a landmark deal with Canadian auto parts group Magna, General Motors and governments to save carmaker Opel from the imminent bankruptcy of its U.S. parent, German leaders said on Saturday.
IBTimes Logo

Visteon gets bankruptcy court OK to pay wages

U.S. auto parts maker Visteon Corp received interim court approval on Friday to pay employees, parts suppliers and vendors, but it still lacks debtor-in-possession financing to keep it afloat during its restructuring.
IBTimes Logo

Wall Street faces pay conundrum amid TARP rules

Rewarding employees for hard work, and not just for showing up, has become a key tenet of good corporate compensation policy. So why are some Wall Street firms sending a very different message?
IBTimes Logo

Commodity shares, Coca-Cola lift Wall Street

Stocks rose on Friday, capping their third straight monthly advance, as rising commodity prices lifted shares of natural resource companies, while a sliding dollar boosted the allure of multinationals, including Coca-Cola Co .

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.