IBT Staff Reporter

39931-39960 (out of 154943)

Jobless claims fall to lowest since 2008

The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market.

Dow, S&P flat, Nasdaq rises after two-day drop

Stocks traded flat to slightly higher Thursday after two straight days of declines as jobless claims data showing improvement in the U.S. labor market helped offset revived concerns about the euro zone's fiscal stability.

U.S. jobless claims fall to lowest since 2008

The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market.

Viacom video lawsuit vs Google's YouTube revived

A U.S. appeals court has revived lawsuits by Viacom Inc, the English Premier League, and various film studios and television networks accusing Google Inc of allowing copyrighted videos on its YouTube service without permission.

Facebook e-commerce: the next big thing?

A group of e-commerce start-ups, backed by some of the tech world's most pedigreed financiers, are betting that Facebook Inc can become an e-commerce powerhouse to rival Amazon.com Inc and eBay Inc.

Greece extends bond swap deadline again for holdouts

Greece extended a deadline for a second time on Thursday for remaining bondholders to accept a debt swap, giving Athens a little more breathing space to formulate a response to investors who have refused to sign up for the landmark deal.

Wall Street Flat As Euro Zone Concerns Weigh

Stocks were little changed on Thursday despite data showing ongoing improvement in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health.

Wall Street flat as euro-zone concerns weigh

Stocks were little changed on Thursday despite data showing ongoing improvement in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health.

Volvo to spend $11 billion over coming years

Swedish carmaker Volvo , owned by China's Zhejiang Geely Holding Group Co Ltd, plans to spend $11 billion on developing new products and boosting its manufacturing footprint in the next few years, a company spokesman said on Thursday.

Stock index futures signal slightly higher open

Stock index futures pointed to a slightly higher open on Wall Street on Thursday with futures for the S&P 500 and Dow Jones up 0.3 percent, while Nasdaq 100 futures were up 0.1 percent at 4:08 a.m. EDT.

Greece again extends bond swap deadline for holdouts

Greece extended for a second time on Thursday a deadline for remaining bondholders to accept a debt swap, giving authorities more breathing space to formulate a response to investors who have refused to sign up for the landmark deal.

US Stock Index Futures Signal Slightly Higher Open

Stock index futures pointed to a slightly higher open on Wall Street on Thursday with futures for the S&P 500 and Dow Jones up 0.3 percent, while Nasdaq 100 futures were up 0.1 percent at 04.08 a.m. EDT.

Yahoo to lay off 2,000 employees

Yahoo Inc will lay off 2,000 people, or 14 percent of its workforce, in its deepest round of job cuts in years as new Chief Executive Scott Thompson tries to jumpstart growth with a leaner, more agile company while saving hundreds of millions of dollars.

Madoff wives to face trustee claims in Ponzi case

The trustee seeking money for victims of Bernard Madoff's Ponzi scheme, who lost an estimated $20 billion, may pursue claims against wives of the imprisoned swindler's sons, a U.S. federal court judge said on Wednesday.

Sprint seeks hit with advanced-camera EVO phone

Sprint Nextel, the No.3 U.S. mobile service, is hoping to turn heads next month with the EVO 4G LTE, an HTC Corp phone with an advanced camera, a big screen, a high-speed wireless connection and crisper voice call quality.

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