IBT Staff Reporter

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Prince Charles leads Dickens 200th celebrations

Prince Charles led global celebrations on Tuesday marking the 200th anniversary of the birth of Charles Dickens, a titan of English literature whose vivid stories confronted the injustices of Victorian life.

Madonna world tour to start on May 29

Madonna will go on tour from May for the first time in three years, starting in Israel before moving on to Europe, with legs in South America and Australia, where she has not performed for 20 years, tour promotion company Live Nation said on Tuesday.

Super Bowl, Madonna set new TV audience records

Quarterback Eli Manning and his New York Giants may have beaten superstar Tom Brady and the New England Patriots at Sunday's Super Bowl, but none them could outmuscle Madonna -- at least, where TV audiences were concerned.

Greek parties delay bailout talks despite EU threats

Greek political parties delayed yet again on Tuesday making the tough choice of accepting painful reforms in return for a new international bailout to avoid a chaotic default, seemingly deaf to EU warnings that the euro zone can live without Athens.

Bernanke Urges Congress to Address Bush Tax Cuts

Federal Reserve Chairman Ben Bernanke on Tuesday warned Congress that putting off a decision on the fate of expiring Bush administration tax cuts could unsettle businesses and households, undercutting the U.S. economic recovery.

Shares of McClatchy Jump after Strong Earnings

The Sacramento, Calif.-based company reported net income of $42 million, or 49 cents a share, up about 184 percent from $14.8 million, or 17 cents a share, in the year earlier period. The company reported operating income of $90.3 million, up 6.4 percent compared to $84.9 million in the year earlier period.

Fidelity money fund clients sour on SEC proposals

Adding to the outcry against new rules for money-market funds, Fidelity Investments has warned regulators that more than half of its money-fund clients would move some or all of their assets out of the investments if the net asset value of the funds were allowed to fluctuate.

MF Global shortfall worsened as bankruptcy neared

In its chaotic final days, MF Global's floundering brokerage used increasingly large chunks of customer money in an effort to keep the company afloat, creating a massive shortfall in customer funds, the trustee liquidating the brokerage has found.

SEC weighs two money market fund proposals

The chairman of the Securities and Exchange Commission is eyeing two potential plans to bolster the stability of money market funds, but their fate remains uncertain due to internal disagreement at the SEC over the need for more regulations.

Apple Reported in Talks on iTV with Canada Telecoms

Apple Inc. is in talks with Canada's two biggest telecom companies about becoming partners in the launch of iTV, a device combining features of the wildly popular iPad tablet with those of a television set, a newspaper reported on Tuesday.

Apple in talks on iTV with Canada telecoms: report

Apple Inc. is in talks with Canada's two biggest telecom companies about becoming partners in the launch of iTV, a device combining features of the wildly popular iPad tablet with those of a television set, a newspaper reported on Tuesday.

Facebook governance a concern for California pension fund

Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

SEC Weighs 2 Money Market Fund Proposals

The chairman of the Securities and Exchange Commission is eyeing two potential plans to bolster the stability of money market funds, but their fate remains uncertain due to internal disagreement at the SEC over the need for more regulations.

World watches as China economic leaders take stage

A new guessing game is about to begin: will China's incoming generation of leaders show more courage than the current incumbents in tackling deep economic imbalances that threaten to bring growth to a sudden stop?

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