IBT Staff Reporter

50071-50100 (out of 154943)

Mizuho Financial to cut 3000 jobs: report

As part of the restructuring related to the merger of its two banking units, Mizuho Financial Group Inc will cut 10 percent of its workforce, or 3,000 jobs, by end of fiscal 2015, The Nikkei said.

Steam Hacked, Loses Credit Card Info

The hacked database included users names, hashed and salted passwords, previous game purchases, email addresses, billing addressees and encrypted credit card information.

Fed to begin new bank stress tests in weeks: Yellen

The Federal Reserve will begin a new round of bank stress tests in a couple of weeks, a top Fed official said on Friday, warning that strains from Europe's debt crisis threaten the U.S. economy and financial system.

Ron Paul Money Bomb Ignited on Veterans Day

Ron Paul supporters scheduled a new money bomb Friday to coincide with Veterans Day. It's officially called the Support Them Now/Veteran's Day Moneybomb, according to the Web site Death and Taxes.

Sour Apple: iOS 5.0.1 Patch Doesn't Solve Battery Drainage

Some users noticed their phones would lose 1 percent of their battery every few minutes. iPhone experiencing the bug wouldn't even last a day without charging. Apple rushed out the released iOS 5.0.1 Nov. 10. However, the patch might have been a little premature.

Lenders to grill Olympus as delisting looms: source

Lenders will confront Japan's Olympus Corp next week to demand an explanation for an accounting scandal engulfing the firm, a banking source said on Friday, though he denied reports they would seek more security over their loans.

Herman Cain's Support Falls in Iowa and Nationally: Polls

Amid the sexual harassment allegations that have engulfed former CEO Herman Cain's campaign since Politico first published them on Oct. 30, his healthy 15-point lead over Mitt Romney in Iowa last week has become a shaky 4-point advantage, and he has fallen into third place in one national poll.

Gamers Spending More Time and Money on Free-to-Play MMOs

In 2011, U.S. gamers have spent an estimated $1.2 billion on F2P games, which have taken up to 47 percent of all MMO expenditures. It has grown 24 percent in the last year, now seriously contending with pay-to-play MMOs like World of Warcraft for players' attention. The report says gamers spend about 26 million hours every day playing MMOs in the U.S.

BSkyB board unanimous in support of James Murdoch

BSkyB's independent directors unanimously backed James Murdoch as chairman on Friday in a letter addressing shareholders' concerns about his suitability following the phone-hacking scandal at the News of the World.

Wall Street Soars 2 Percent on Italy Vote

Stocks rose about 2 percent on Friday, with major indexes on track to end the week higher as Italy's Senate approved economic reforms, easing investor concerns about the euro zone's debt crisis.

Wall St soars 2 percent on Italy vote

Stocks rose about 2 percent on Friday, with major indexes on track to end the week higher as Italy's Senate approved economic reforms, easing investor concerns about the euro zone's debt crisis.

Chipmaker Nvidia's quarterly results beats Street

Nvidia Corp's third-quarter results beat estimates as the chipmaker refocused on smartphones and tablets in a tepid personal computer market, although its revenue forecast was a bit lower than expected.

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