IBT Staff Reporter

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White House criticizes online piracy legislation

White House officials raised concerns on Saturday about online piracy legislation in the works in Congress that top technology companies have decried as heavy-handed, saying a lighter touch would be better.

Merkel vows faster eurozone reform after S&P downgrades

European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the ratings of several euro zone countries' creditworthiness.

Venture capitalists, startups hope to hit Sin City jackpot

Former NFL player Jeremy Bloom anxiously scanned the crowd at a taco party under the luminous faux-sky of the Venetian hotel's canal walk in Las Vegas. The wide receiver turned entrepreneur wasn't hoping to spot friends or catch a waiter's attention -- he was on the lookout for venture capitalists.

VCs, startups hope to hit Sin City jackpot

Former NFL player Jeremy Bloom anxiously scanned the crowd at a taco party under the luminous faux-sky of the Venetian hotel's canal walk in Las Vegas. The wide receiver turned entrepreneur wasn't hoping to spot friends or catch a waiter's attention -- he was on the lookout for venture capitalists.

It's earnings versus Europe for stocks

Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.

Sarkozy to bet on growth reforms as AAA slips away

The loss of France's much-prized triple-A credit rating three months from elections that will likely hinge on the handling of the economy is a bitter blow for French President Nicolas Sarkozy, who had made the top-notch grade a badge of honor.

Europe must move quickly after downgrades: Merkel

Ratings downgrades in the euro zone by S&P underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.

JPMorgan could lose $5 billion from PIIGS exposure: report

JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.

Europe Must Move Quickly in the Wake of S&P Downgrades: Merkel

Credit-rating downgrades in the Eurozone by Standard & Poor's underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.

Indian hackers offer help to man suing Symantec

A group of Indian hackers has offered support to an American man who filed a lawsuit against Symantec Corp by publishing source code from a 2006 version of Norton Utilities, a software program at the heart of the legal dispute.

S&P downgrades nine euro zone countries

Standard & Poor's downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.

Wall Street Week Ahead: It's earnings versus Europe for stocks

Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.

Mass S&P downgrade as Greek debt impasse hit euro zone

Standard & Poor's downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.

Mass S&P downgrade, Greek debt impasse hit euro zone

Standard & Poor's downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.

Banker in Olympus scandal steps into public view

A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.

Business group contests Obama labor appointments

In the first legal challenge to last week's recess appointments by the Obama administration, a lobbying group for small businesses said on Friday it is contesting the naming of three members to the National Labor Relations Board.

Claimants challenge holdback in BP oil spill case

In a flurry of court filings this week, lawyers for claimants before the $20 billion BP oil spill fund asked a federal judge to reconsider his December order requiring that six percent of future settlements be placed in a reserve account.

Wall Street Week Ahead: It's Earnings Vs. Europe for Stock Investors

U.S. stock investors will return to a tug-of-war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit-rating downgrades in Europe will keep that region's difficulties in view.

FTC expands Google antitrust probe: source

U.S. regulators looking at whether Google manipulates its search results to favor its own products have expanded the probe to include Google+, the search giant's new social networking tool, a source familiar with the probe said on Friday.

FTC Expands Antitrust Probe to Encompass Google+: Source

U.S. regulators looking at whether Google Inc. manipulates its search results to favor its own products have expanded the probe to include Google+, the search giant's new social-networking tool, a source familiar with the probe said on Friday.

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