IBT Staff Reporter

45901-45930 (out of 154943)

Swiss finance minister says U.S. tax deal needs time: radio

Switzerland and the United States need more time to negotiate a tax deal, Swiss finance minister Eveline Widmer-Schlumpf told Swiss radio on Saturday, as the United States pushes for it to supply information on bank clients who are alleged to have evaded taxes.

China moving to more convertible yuan: Zhou

China's central bank governor argued in comments published on Saturday that Beijing does not control the yuan's flow across borders as tightly as some think and that it is natural for the currency's trading band to be widened over time.

December auto sales seen up 9 percent

U.S. new-vehicle sales for December are expected to show continued steady growth, but analysts say much of the gains are linked to buyers who delayed purchases and therefore will not an indicate a strengthening economy.

Stratfor hackers publish email, password data

Hackers affiliated with the Anonymous group published hundreds of thousands of email addresses belonging to subscribers of private intelligence analysis firm Strategic Forecasting Inc along with thousands of customer credit card numbers.

Kodak loses third director in a week

The third director in a week has resigned from Eastman Kodak Co as the former film giant struggles to survive the dominance of digital photography.

Russell Brand-Katy Perry 14-Month Marriage Over

British comedian and actor Russell Brand called it quits on his 14-month marriage to Teenage Dream singer Katy Perry on Friday, filing for divorce on the grounds of irreconcilable differences.

CAW authorizes strike against London Caterpillar plant

Members of the Canadian Auto Workers union overwhelmingly voted in favor of staging a strike against Caterpillar Inc at an Ontario locomotive factory should the company implement unilateral changes to existing employment terms.

TSX ends volatile year with a rally

Toronto's main stock index closed higher on Friday, the last trading day of the year, as financial and resource shares rallied on signs the U.S. economy was recovering, but the jump was not enough to avert the market's first year-on-year decline since 2008.

Verizon ditches $2 fee after customer uproar

Verizon Wireless has reversed its decision to charge a $2 fee for telephone and online bill payments, bowing to a storm of criticism from consumers and the U.S. communications regulator.

Man deported from Canada admits crimes: China

China's most wanted man, who was deported from Canada in July after a decades-long legal battle, has admitted to his crimes and will now be handed over to prosecutors, state media reported on Friday.

GM recalls 4,873 Sonic cars in U.S. and Canada

General Motors Co is recalling 4,873 of its current year Chevrolet Sonic subcompact cars in the United States and Canada for possible missing front brake pads, the company and federal safety regulators said on Friday.

Whirlpool accuses Samsung, LG of dumping washers

Whirlpool Corp on Friday accused two South Korean rivals, Samsung Electronics and LG Electronics , of dumping washing machines in the United States by selling them at substantially less than fair value.

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