IBT Staff Reporter

46951-46980 (out of 154943)

TransCanada bets expansion plan will help Keystone

Buoyed by renewed pledges of customer support, TransCanada Corp said on Thursday it not only wants to proceed with its stalled Canada-to-Texas Keystone XL oil pipeline but to undertake a $600 million expansion and extension.

Bloc Quebecois resurgent: poll

The separatist Bloc Quebecois has staged a comeback and is now tied in public support with the federalist party that has the most Quebec seats in the House of Commons, a Harris-Decima poll released on Thursday shows.

SEC probe casts shadow on Diamond-Pringles deal

Diamond Foods Inc said the Securities and Exchange Commission has launched a probe into its accounting of payments to walnut growers, raising concerns of further delays to its deal to acquire Procter & Gamble's Pringles business.

AMR Chief Warns of Layoffs, Takeover While Lavish Townhouse is Revealed

Chief Executive Officer Tom Horton wrote in a letter to employees Thursday that company should expect less generous labor contracts and some pink slips, according to the Wall Street Journal. The Fort Worth, Tex.-based company filed for Chapter 11 bankruptcy last month. But earlier Thursday, Reuters revealed the company owned an exquisite town house in the wealthy Kensington district in London.

FedEx profit beats Street, updating Boeing fleet

FedEx Corp beat its quarterly profit forecasts and is updating its fleet with fuel-efficient Boeing aircraft while delaying delivery of other new planes to cut overall costs, driving its shares up nearly 8 percent.

S&P cuts ratings of 10 Spanish banks

Standard & Poor's cut the credit ratings of 10 Spanish banks on Thursday and said they remained on watch for a possible further cut subject to a review of Spain's sovereign rating.

CBS edges out Fox for overall nightly ratings win

Fox and CBS competed in a close race for first place in the Wednesday night ratings, with X Factor and Criminal Minds sharing the night's top numbers but CBS eking out an overall victory for the night, according to preliminary numbers.

Kroger sees hit, then gain, as pension plans merge

Kroger Co said on Thursday that four of the pension funds to which it contributes will merge into a new fund, a move that should ultimately trim its pension contribution costs after it takes a charge this year.

Janet Jackson puts new face on weight loss

It's no secret that Janet Jackson has battled weight issues her entire life, but what her fans may not know is that even when the singer is on tour, sweating every night, she still has problems staying slim.

Market gains as data overshadows IMF warning

Stocks rose on Thursday as signs of strength in the economy and higher-than-expected profit at FedEx outweighed a stark warning from the IMF about inaction over Europe's debt crisis.

Morgan Stanley to cut 1,600 jobs

Morgan Stanley, the only large Wall Street bank to avoid major job cuts this year, said on Thursday that it would fire 1,600 employees in the first quarter to cut costs as trading and banking revenue show few signs of recovering.

Rick Perry 2012: What Are His Positions?

Though he continues to lag in national polls, Rick Perry is launching a massive comeback effort in Iowa, which will hold the nation's first caucuses on Jan. 3. Here is an overview of his positions.

Amazon selling over 1 million Kindles a week

Amazon.com Inc said on Thursday it is selling more than one million Kindle devices a week, an unusual disclosure from the largest Internet retailer that comes in the wake of some negative reviews of its new Kindle Fire tablet.

U.S. Resilient, Europe Debt Woes Touch Asia

An improvement in the U.S. employment picture last week and a rise in regional factory activity suggested an emerging divide between resiliency in the U.S. economy and faltering growth in Europe and Asia.

Southwest out to re-widen its cost advantage

Southwest Airlines Co is focused on eliminating waste and inefficiencies in its operation to bring down costs and re-widen the cost advantage it has against larger rivals, Chief Executive Gary Kelly said on Thursday.

ECB chief says euro zone on right track

Europe's top central banker said on Thursday that euro zone governments are on the right track to restore market confidence but reminded them that an emergency program to buy their bonds was neither eternal nor infinite.

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