IBT Staff Reporter

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Occupy Baltimore evicted, US western ports normal

Police in Baltimore evicted anti-Wall Street protesters on Tuesday and operations returned to normal at West Coast ports a day after a series of marches that disrupted operations at several terminals.
Dec 14, 2011

Coca-Cola buying stake in Saudi drink company

Coca-Cola Co (KO.N) is buying a stake in Saudi Arabia-based beverage company Aujan Industries for $980 million in what is seen as a bid to catch up with rival PepsiCo Inc (PEP.N) in the Middle East.
Dec 14, 2011

Insight: MF Global puts harsh light on self-regulation

Two weeks after MF Global's collapse, officials from the Commodity Futures Trading Commission briefed Senate staff on the brokerage firm's final days. When asked about reports that the brokerage firm had written checks that bounced when customers tried to cash them, the regulators had an admission that surprised the room: they didn't know about the bad checks.
Dec 14, 2011

The Help tops list of SAG film nominees

The actors of civil rights drama The Help topped Screen Actors Guild Award nominations on Wednesday with four nods including best film cast, leading a list of nominees that saw many surprises in Hollywood's current awards season.
Dec 14, 2011

Lindsay Lohan makes good progress on probation

Actress Lindsay Lohan, who is on probation for drunk driving and theft convictions, pleased a judge for a change on Wednesday by completing her court-ordered community service and therapy sessions on time.
Dec 14, 2011

Roger Corman, Hollywood Rebel

At this time of year Hollywood brings out big-budget movies like Mission: Impossible with Tom Cruise and the new Sherlock Holmes film starring Robert Downey, Jr.
Dec 14, 2011

Austerity should not be done too fast: IMF

The International Monetary Fund's chief economist cautioned on Wednesday against imposing tough austerity measures too quickly and instead favors a longer process as countries around the world grapple with high debt levels.
Dec 14, 2011

CEOs' view of economy little changed-Roundtable

U.S. chief executives' view of the economy was little changed in the fourth quarter, though they are growing concerned about the risk of inflation in raw material prices, according to a survey released on Wednesday.
Dec 14, 2011

Telefonica cuts dividend target to focus on debt

Spain's Telefonica SA trimmed its planned 2012 dividend on Wednesday in a move to keep its debt under control as the telecoms group battles sluggish economic growth in its home market and uncertainty in Europe.
Dec 14, 2011

T-Mobile USA to aim Nokia phone at first-timers

T-Mobile USA, the No. 4 U.S. mobile service, plans to market the Lumia 710 phone from Nokia to first-time smartphone buyers as the two companies push to recoup market share losses of recent years.
Dec 14, 2011

Aerospace 2012 sales seen slowing

An eight-year growth spurt for the U.S. aerospace industry appears set to end in 2012, the industry's chief trade group said Wednesday.
Dec 14, 2011

RIM investors fear more bad news on QNX

Research In Motion has already doled out a big helping of bad news ahead of its financial results on Thursday, but surprises could still await investors hungry for details about what many see as a new, make-or-break BlackBerry.
Dec 14, 2011

Euro zone anxiety sparks selloff in risky assets

Stocks fell on Wednesday as weak commodity prices sparked a selloff in the energy and materials sectors and as a falling euro and high Italian bond yields kept Europe's debt crisis in focus.
Dec 14, 2011

Household debt swells to record high

The debt burden on Canadian households rose to a record high in the third quarter as mortgage and consumer credit increased but the net worth of households fell, Statistics Canada said on Tuesday.
Dec 14, 2011

Even market rocket scientists find euro crisis a challenge

Political turmoil in the euro zone is undermining the ability of computer-driven trading systems to cope with volatile market sentiment, challenging the rocket scientists who create them to seek new ways to guarantee returns.
Dec 14, 2011

Canada energy regulator lax on pipelines: watchdog

Canada's energy regulator has failed to make adequate checks to ensure pipeline operators fix safety problems uncovered at their facilities and keep emergency procedures up to date, the country's Commissioner of the Environment and Sustainable Development said on Tuesday.
Dec 14, 2011

First Solar cuts 2011 forecast, sees weak 2012

First Solar Inc cut its 2011 sales and profit forecast for the second time in two months Wednesday and said next year's profits would fall below Wall Street's view, sending its shares tumbling more than 20 percent.
Dec 14, 2011

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