IBT Staff Reporter

43231-43260 (out of 154943)

Second teacher removed amid Los Angeles sex abuse probe

A second teacher has been removed from a Los Angeles-area elementary school where one instructor is accused of having taken bondage-style photos of students with cockroaches on their faces, school and police officials said on Friday.

Komen reverses move to cut Planned Parenthood funding

The Susan G. Komen for the Cure foundation backed down from its decision to cut funding for Planned Parenthood, which provides abortion and birth control services, following a massive outcry by supporters of the world's largest breast cancer charity.

Jobless rate at 3-year low as payrolls surge

The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.

Nasdaq at 11-year high after jobs report

A surge in hiring in the world's largest economy last month drove stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labor market is on a steady path to recovery.

Anonymous publishes FBI call on hacking

Internet activist group Anonymous published a recording on Friday of a confidential call between FBI agents and London detectives in which the law-enforcement agents discuss action they are taking against hacking.

Rivals swoop in as Hungary's Malev stops flying

Hungarian flag-carrier Malev ceased operating early on Friday after its planes were held overseas for unpaid debts, leaving a gap in the market that low-cost competitors were quick to exploit.

Strong jobs report pushes Nasdaq to 11-year high

Stocks rose on Friday, propelling the Nasdaq index to an 11-year high, after January's U.S. employment report sailed past expectations, boosting hopes the world's largest economy has turned a corner.

Jobs strength lifts Nasdaq to 11-year high

A surge in hiring last month lifted U.S. stocks on Friday, with the Nasdaq index hitting an 11-year high, as the data boosted hopes the world's largest economy has turned a corner.

UK police investigate claim that FBI calls were hacked

British police said on Friday they were investigating reports that the activist hacker group Anonymous had hacked into a conference call between FBI agents and London detectives to discuss action they were taking against hacking.

Aon Q4 profit rises, but margin pressures persist

Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.

Gay Marriage Laws Gain Traction in Four States

Last year, gay-rights advocates nationwide celebrated when New York became the sixth and by far the largest state to legalize same-sex marriage. This year, they may have four times as many reasons to celebrate.

A sobering look at Facebook

It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.

Goldman to face mortgage debt class-action lawsuit

Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender.

Siemens on look-out for new CEO for NSN: union rep

Siemens AG is on the look out for a new chief executive for its mobile phone network equipment joint venture Nokia Siemens Networks , Siemens supervisory board member Sibylle Wankel told reporters on Friday.

Job growth surges, jobless rate near 3-year low

The economy created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama as campaigning heats up ahead of November elections.

Walgreen sales hit by exit from Express Scripts

Walgreen Co is being hit by its withdrawal from the Express Scripts Inc pharmacy network and by a much-weaker-than-expected flu season, leading it to temper its expectations for the number of prescriptions it will fill this year.

Apple to resume full online sales in Germany

Apple Inc said it was cleared to resume selling older models of its iPhone and 3G-based iPads via its German online store on Friday, after the suspension of an injunction won by Motorola Mobility Holdings Inc in December.

Factory orders up, business spending rises

New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed.

Investors worry where to put cash as banks wobble

Investors are holding more cash than at any time since the Lehman Brothers collapse to protect themselves against volatile financial markets, presenting them with a dilemma - where to hold that money when banks are looking shaky.

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