IBT Staff Reporter

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Fitch may cut France, other 6 euro zone countries

Fitch Ratings on Friday warned it may downgrade France and six other euro zone countries as it believes that a comprehensive solution to the region's debt crisis is technically and politically beyond reach.

Exclusive: Made in Texas: Apple's A5 iPhone chip

SAN FRANCISCO - Apple Inc is famous for relying on low-cost Asian manufacturers to both source and assemble its popular gadgets, but the consumer device giant recently started receiving a critical component in its iPad and iPhones from closer to home - Texas.

Fed's Fisher says further monetary easing is wrong path

Europe's debt crisis threatens to throw a strengthening economy off track, but more monetary accommodation from the U.S. Federal Reserve is not the answer, a top Fed official known for his hawkish views on inflation said on Friday.

SEC sues former top Fannie, Freddie executives

Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies' exposure to risky home loans in the run-up to the 2008 financial crisis.

History Channel's Pawn Stars begets Cajun Pawn Stars

Been wondering where you can hock that spare cow you have sitting around? Look no further than the Silver Dollar Pawn & Jewelry Center in Alexandria, La., the setting for the History Channel's spin-off of its most popular series, Pawn Stars.

Gary Oldman to be honored by Palm Springs film fest

The Palm Springs International Film Festival, which has already announced awards for a number of contenders deemed likely to land Oscar nominations, has now decided to honor an actor who's been inexplicably passed over by most voters so far.

Polanski explores the Carnage of polite society

Emily Post notwithstanding, there's probably no gracious way to projectile vomit in your host's living room. And it says something about the darkly funny antics of Carnage that said puking probably doesn't constitute the most socially awkward moment.

BP settles with spill blow-out preventer maker Cameron

Cameron International Corp agreed a $250 million settlement with BP to help pay for costs associated with the Gulf of Mexico oil spill, raising hopes that deals between the British oil major and two other contractors could follow.

Fitch May Cut France, 6 other Eurozone Countries

Fitch Ratings on Friday warned it may downgrade France and six other Eurozone countries as it believes that a comprehensive solution to the region's debt crisis is technically and politically beyond reach.

Fitch says comprehensive euro zone deal beyond reach

Credit rating agency Fitch told the euro zone on Friday it thinks a comprehensive solution to the bloc's debt crisis is beyond reach, as it put an number of the bloc's economies including Italy on watch for potential downgrades.

Fitch Says Comprehensive Eurozone Deal 'Beyond Reach'

Credit rating agency Fitch told the Eurozone on Friday it thinks a comprehensive solution to the bloc's debt crisis is beyond reach, as it put an number of the bloc's economies including Italy on watch for potential downgrades.

WTO approves Russia's membership after marathon

Russia won admission to the World Trade Organisation on Friday after 18 years of negotiations, finally gaining full integration into the global economy two decades after the Soviet Union collapsed.

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