UNITED STATES

IBTimes Logo

Utility execs fear impact of U.S. policies on profit

Less than half of utility executives support the Obama Administration's plan to make the United States a leader on climate change and are concerned about the impact related policies will have on industry profits, according to a survey released on Monday.
More news
IBTimes Logo

Citi and BofA may need more capital after stress tests

U.S. regulators are talking to Citigroup Inc about its capital levels after stress testing the bank, people familiar with the matter said, while The Wall Street Journal reported that Bank of America Corp may need billions in new capital.
IBTimes Logo

Nokia drops U.S. operator billing from Ovi launch

Nokia said on Tuesday operator billing would not be available in the United States when its Ovi store opens in May - the latest in a series of setbacks in the U.S. market for the world's top cell phone maker.
IBTimes Logo

Internet gambling bill next week: Frank

Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, said on Tuesday he would introduce legislation next week to overturn a three-year-old U.S. ban on Internet gambling.
IBTimes Logo

Wall Street drifts as data offsets bank fears

U.S. stocks rose modestly on Tuesday as a dividend hike at IBM and reassuring data that could signal a bottom in the economic cycle offset concerns that major banks may need to raise more money.
IBTimes Logo

Intel tops green power buyers in U.S.

Intel Corp. is the U.S. largest single purchaser of green power with more than 1 billion kilowatt-hours of green power annually, the Environmental and Protection Agency said on Tuesday.
IBTimes Logo

Chrysler lenders and Treasury reach deal: sources

The U.S. Treasury has reached an agreement in principle with Chrysler LLC's first-lien lenders that may help the troubled automaker avoid bankruptcy, two people briefed on the discussions said on Tuesday.
IBTimes Logo

Rep Frank sees banks TARP-free in a year

The U.S. banking system could be free of government money within a year, the powerful chairman of the U.S. House of Representatives Financial Services Committee said on Tuesday.
IBTimes Logo

U.S. bank report, flu fears shake economy hopes

Anxiety over a global flu crisis and the health of some U.S. banks rattled hopes on Tuesday that the financial system was stabilizing, but U.S. and other data suggested confidence was returning to consumers.
IBTimes Logo

Consumers, home prices boost recovery hopes

U.S. consumer confidence posted its biggest jump in more than three years in April while the slump in home prices showed signs of slowing in February, adding to hopes that the recession may be waning.
IBTimes Logo

Slowing pace of falling home prices offers hope

U.S. house prices tumbled nearly 19 percent in February, but for the first time since October 2007 the decline was not a record, suggesting the housing market might be closer to a bottom.
IBTimes Logo

Citi talking to U.S. on capital, may alter exchange

Citigroup Inc is talking to the U.S. government about its capital levels after receiving the early results of its stress test, but if it needs more capital it does not expect the government to provide it, people familiar with the matter said.
IBTimes Logo

Online gambling bill coming: Frank

U.S. Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, said on Tuesday he would introduce a bill next week to overturn a three-year-old U.S. ban on Internet gambling.
IBTimes Logo

Online gambling bill coming: Frank

U.S. Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, said on Tuesday he would introduce a bill next week to overturn a three-year-old U.S. ban on Internet gambling.
IBTimes Logo

U.S. lawmakers to examine swine flu response

U.S. lawmakers plan to take a closer look this week at the federal government's response to the swine flu outbreak that has sickened people in five states and killed dozens in Mexico.
IBTimes Logo

Ex-soldier bragged about Iraqi rape, deaths: lawyer

A former U.S. soldier on trial in the gang rape of an Iraqi girl and the murder of her and her family in the war zone in 2006 was caught in a perfect storm of insanity, his lawyer told a jury on Monday.
IBTimes Logo

Somali gunmen free two European aid workers

Somali gunmen freed two European aid workers Tuesday without receiving a ransom after holding the pair hostage for nine days in one of the world's most dangerous places for relief agencies.
IBTimes Logo

U.S. swine flu cases rise, more expected

More than 40 people in five states have been sickened by new strain of swine flu that doctors fear may cause a pandemic, U.S. officials said on Monday, promising more cases to come.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.