IBT Staff Reporter

43111-43140 (out of 154943)

Wall Street Closes Lower After String of Gains

Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.

Humana forecast is below Street view; shares fall

Humana Inc forecast a profit for this year below Wall Street estimates, suggesting that investors may be overestimating how much it will earn from a burgeoning Medicare business, and its shares fell almost 6 percent.

As Facebook grows up, it courts Madison Avenue

About a year ago, when it became clear that taking Facebook Inc public was a matter of when not if, Chief Operating Officer Sheryl Sandberg went out and poached Carolyn Everson, then global advertising head at Microsoft Corp.

Boeing shares slip as it addresses 787 issues

Boeing Co shares slipped on Monday, the day after the plane maker said it must correct a fuselage support structure problem on some of its carbon-composite 787s, a glitch experts said could slow production.

Internet Cupids often miss their mark: researchers

Combing dating websites for that perfect love match can be very frustrating, and a group of U.S. psychology professors released a report on Monday explaining why there is no substitute for meeting face-to-face.

Fed should raise rates in 2013, Bullard says

The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little to return economic output to pre-recession levels and risks causing disaster.

UK tests home working to beat Games gridlock

Thousands of Britons swapped the office for the comforts of working from home on Monday as government and businesses tested ways of avoiding transport gridlock during this summer's Olympics in London.

Wall Street eases as investors eye Greece

Stocks edged lower on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.

Boeing to correct 787 Dreamliner fuselage issue

Boeing has discovered a problem related to the aft fuselage of its 787 Dreamliner planes and is making repairs that will not affect production of the aircraft, the company said in an emailed statement on Sunday.

Humana posts higher profit, lifts forecast

Humana Inc posted a big rise in fourth-quarter earnings that was generally in line with analysts' targets, helped by higher membership in its Medicare plans for the elderly, and the health insurer slightly lifted its full-year profit forecast.

Glencore, Xstrata hammer out premium as deal nears

Top executives at Glencore and Xstrata are hammering out the final details of a proposed $80 billion merger, including the premium on offer by the commodities trading giant to secure approval from the miner's shareholders.

Wall Street set to open lower on Greece concerns

Stock index futures pointed to a lower open on Monday, indicating the S&P 500 index will pull back after a five-week rally on concerns Greece may be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.

Merkel presses Greece as another bailout deadline slips

Greece let yet another deadline slip on Monday for responding to painful terms for a new EU/IMF bailout, as German Chancellor Angela Merkel made clear Europe's patience is wearing thin over drawn-out negotiations among its feuding political leaders.

Stock futures dip on worries over Greece

Stock index futures fell on Monday, indicating the benchmark S&P 500 index could pull back after a five-week rally on concerns Greece will be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.

Disagreements on cyber risk East-West Cold War

With worries growing over computer hacking, data theft and the risk of digital attacks destroying essential systems, western states and their allies are co-operating closer than ever on cyber security.

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