IBT Staff Reporter

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Four Sprint Execs Out in Reorganization

Four Sprint Nextel executives are leaving in a corporate reshuffle at the No. 3 U.S. mobile provider involving the merger of sales and marketing for its business and consumer services operations, Sprint CEO Dan Hesse said.

NYT, Huffington Post settle parenting blog case

Goodbye, Parentlode.New York Times Co, which has a parenting blog known as Motherlode, has agreed to settle a lawsuit against the Huffington Post after that website decided to change the name of its new Parentlode blog.

Motorola Mobility warns of Q4 revenue shortfall

Motorola Mobility Holdings Inc warned that its fourth-quarter 2011 revenue would miss Wall Street expectations as it was weighed down by tough competition and legal expenses in what is usually the best quarter of the year.

Oracle can't appeal SAP order right away: judge

Oracle Corp can't appeal an order slashing its $1.3 billion copyright infringement verdict against SAP AG until it decides whether it will reject the lower, court-imposed damages award, a U.S. judge ruled on Friday.

Unemployment Near 3-Year Low

U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam.

Sprint Ousts 4 Executives, Merges Consumer and Business

Sprint Nextel , the No. 3 U.S. mobile service, is merging sales and marketing for its business and consumer operations as part of a streamlining that includes the departures of four top executives, according to Sprint CEO Dan Hesse.

Sprint ousts 4 executives, merges consumer/business

Sprint Nextel , the No. 3 U.S. mobile service, is merging sales and marketing for its business and consumer operations as part of a streamlining that includes the departures of four top executives, according to Sprint CEO Dan Hesse.

Canon to Diversify to Meet Sales Target: Nikkei

Camera maker Canon Inc plans to meet its sales target of 5 trillion yen ($64.84 billion) in 2015 through diversification into medical equipment and movie cameras, the Nikkei business daily said.

Lehman judge won't halt Zell's Archstone deal

A federal bankruptcy judge rejected Lehman Brothers Holdings Inc's bid to block a company run by billionaire Sam Zell from buying part of apartment company Archstone, impeding Lehman's efforts to ultimately buy the entire company at a lower price.

Fed officials push more help for housing

Three top Federal Reserve officials aggressively pushed on Friday for more stimulus for the U.S. housing market, saying that other government policymakers as well as the central bank should be looking at ways to help the sector in order to speed the economic recovery.

Sarkozy, Monti urge unity over euro crisis

Italian Prime Minister Mario Monti warned the European Union on Friday not to let divisions over managing its debt crisis blow up into serious splits, and French President Nicolas Sarkozy warned that a euro collapse could trigger instability.

Sarkozy, Merkel urge unity over euro crisis

Italian Prime Minister Mario Monti warned the European Union on Friday not to let divisions over managing its debt crisis blow up into serious splits, and President Nicolas Sarkozy warned that a euro collapse could trigger instability.

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