IBT Staff Reporter

45541-45570 (out of 154943)

Fed Officials Push More Stimulus for Housing

Two top Federal Reserve officials on Friday pushed the case for more stimulus from the U.S. central bank to help the economic recovery, each zeroing in on the country's weak housing market.

Analysis: Amid jobs gains, worries persist over Europe

Friday's stronger-than-expected December U.S. jobs growth figures drew a sharp contrast with European numbers, but staffing executives who track labor demand on both sides of the Atlantic caution Europe's impact on jobs in the United States may yet prove deeper than it has so far.

Coke, Nestle part ways on tea in U.S., elsewhere

JAN 6 - Coca-Cola Co and Nestle SA said on Friday that Coke's license for the Nestea ready-to-drink tea brand would expire at the end of this year and that the companies' tea joint venture would now focus on Europe and Canada.

Sony to Name Hirai President This Year: Report

Japan's Sony Corp will promote its consumer business chief Kazuo Hirai to the role of president as early as April, taking the title away from Howard Stringer, who is expected to remain chairman and CEO, the Nikkei newspaper reported

Sarkozy and Monti Urge Unity in 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.

World's Biggest Technology Show Searching for 'Wow' Factor

The world's biggest technology trade show will feature razor-thin laptops, powerful new smartphones, and fancy flat-screen TVs, but talk in the cavernous halls of the 2012 International Consumer Electronics Show may center on whether the CES itself has a long-term future.

Lovefilm signs up BBC, ITV ahead of Netflix launch

European film subscription service Lovefilm has signed deals to give its members access to past BBC and ITV television shows including Doctor Who and Prime Suspect, it said ahead of an expected imminent launch of rival Netflix in Britain.

Analysis: Amid U.S. jobs gains, worries persist over Europe

Friday's stronger-than-expected December U.S. jobs growth figures drew a sharp contrast with European numbers, but staffing executives who track labor demand on both sides of the Atlantic caution Europe's impact on jobs in the United States may yet prove deeper than it has so far.

Employment growth picks up pace

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

HTC quarterly net lags forecast amid tough competition

Taiwanese smartphone maker HTC Corp recorded a worse-than-expected yearly profit decline in the fourth quarter, and the first decline in two years, as its models scrambled to compete with Apple Inc's iPhone and Samsung's Galaxy range.

Best Buy impresses with market share, profit view

Best Buy Co appeared to gain market share from rivals in the United States during the key holiday season and stood by its profit outlook for the financial year despite a 1.2 percent same-store sales decline in December.

Global economy could endure disaster for a week

The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week as governments and businesses are not sufficiently prepared to deal with unexpected events, a report by a respected think-tank said.

LG to roll out Google TV

LG Electronics Inc said on Friday it would unveil its first Google TV next week, joining Sony Corp and Samsung Electronics Co in partnering with the search giant to get a foothold in the emerging Internet TV market.

U.S. payroll jobs up, jobless rate falls

U.S. employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.

Hungary Downgraded to 'Junk' as PM Says Wants Deal

A rating downgrade on Friday left Hungary's debt rated junk across the board, underscoring investors' doubts about the government's willingness to change its controversial policies in return for aid to stave off a financial crisis.

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