IBT Staff Reporter

44191-44220 (out of 154943)

Fannie, Freddie writedowns too costly: regulator

The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion in fresh taxpayer funds.

Obama to tout natural gas benefits in State of Union

President Barack Obama will encourage the country's booming natural gas output in his State of the Union address on Tuesday, while defending his administration's energy record, according to sources familiar with the matter.

Highlights: Comments from euro zone finance ministers' talks

Euro zone finance ministers and officials met in Brussels to discuss terms of a Greek debt restructuring as part of a second bailout package for Athens and rejected an offer made by private bondholders to help restructure those debts, officials said, sending negotiators back to the drawing board.

Comments from Euro zone finance ministers' talks

Euro zone finance ministers and officials met in Brussels to discuss terms of a Greek debt restructuring as part of a second bailout package for Athens and rejected an offer made by private bondholders to help restructure those debts, officials said, sending negotiators back to the drawing board.

Euro zone minister reject private bondholders' Greece

Euro zone finance ministers Monday rejected as insufficient an offer made by private bondholders to help restructure Greece's debts, sending negotiators back to the drawing board and raising the threat of Greek default.

Mitt Romney Tax Returns: 15% Is Low Even for the Rich

If Mitt Romney's 15 percent estimate is accurate, his effective tax rate is below average even among the wealthiest Americans. He may face criticism from his peers among the top1 percent in income as well as the middle class when he releases his 2010 tax returns on Tuesday.

World needs 600 million new jobs in next decade: ILO

The International Labour Organization sounded the alarm on the global jobs situation in its annual report on Monday and called for more coordination of fiscal policies, repair and regulation of the financial sector and support for the real economy.

Euronet Reports Breach at European Business

Payment processor Euronet Worldwide Inc said a small portion of its European business was the target of a criminal security breach late last year, sending its shares down as much 6 percent.

Texas Instruments says chip demand back

Texas Instruments Inc reported higher-than-expected fourth-quarter revenue on Monday as demand improved faster than expected because customers did not have enough chips in stock, signaling the end of an inventory correction.

VMware Profit Beats Street View; Shares Rise

Software maker VMware Inc reported profit ahead of Wall Street expectations and released an outlook ahead of some forecasts, raising hopes that technology spending will grow this year, even as some warn that the economic outlook is grim.

VMware profit beats Street view, shares rise

Software maker VMware Inc reported profit ahead of Wall Street expectations and released an outlook ahead of some forecasts, raising hopes that technology spending will grow this year, even as some warn that the economic outlook is grim.

Macy's sues Martha Stewart Living

Macy's Inc is suing Martha Stewart Living Omnimedia Inc, accusing the company of breach of contract for entering into an agreement to sell certain products at stores run by its rival J.C. Penney Co Inc.

Ex-U.S. spy chief says may take crisis for new cyber law

U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.

Pages