IBT Staff Reporter

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Jerry Weintraub reflects on his career

For nearly two decades, Jerry Weintraub was one of the biggest powers in management. He managed Elvis Presley, Frank Sinatra, Bob Dylan, Led Zeppelin and Bob Denver. In the '80s he produced such hits as Nashville, Diner and The Karate Kid. Most recently he handled the Ocean's Eleven franchise.

Producer Jerry Weintraub reflects on his career

For nearly two decades, Jerry Weintraub was one of the biggest powers in management. He managed Elvis Presley, Frank Sinatra, Bob Dylan, Led Zeppelin and Bob Denver. In the '80s he produced such hits as Nashville, Diner and The Karate Kid. Most recently he handled the Ocean's Eleven franchise.

Cain says foes trying to destroy me

Republican presidential candidate Herman Cain said on Wednesday that his opponents are trying to destroy me over allegations of sexual harassment that have rocked his 2012 bid.

RIM's shares fall to seven-year low

Research In Motion shares fell to a seven-year low in Toronto on Wednesday as the market digested further evidence of the smartphone maker's declining share of the lucrative U.S. market.

Wall Street Cuts Gains on Greece Concerns

Stocks pared gains and the Nasdaq Composite hit a session low in afternoon trading on Wednesday after a source said the European Union and International Monetary Fund will not release an 8 billion euro payment to Greece until after its planned referendum.

RIM shares fall to seven-year low

Research In Motion shares fell to a seven-year low in Toronto on Wednesday as the market digested further evidence of the smartphone maker's declining share of the lucrative U.S. market.

Fed Lowers GDP Forecast, Holds Policy Steady

The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for unemployment, and suggested Europe's debt crisis posed big downside risks to the U.S. economy.

Cable TV drives results at Time Warner, Comcast

Comcast Corp and Time Warner Inc reported stronger quarterly results on Wednesday, confirming that it pays to have a solid lineup of cable networks -- at least while advertisers keep spending.

Sony Shares Sink on Massive Loss Forecast

Sony Corp. warned of a fourth straight year of losses, with its television unit alone set to lose $2.2 billion on tumbling demand and a surging yen, sinking its U.S. shares and raising concerns about the viability of its high-profile TV business.

Gmail App for iOS is Released

On Wednesday, Google's rumored updated Gmail app was released for Apple's iOS. It will be available on the iPhone, iPad and iPod Touch running on iOS 4 and up.

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