IBT Staff Reporter

53461-53490 (out of 154943)

Sonic Youth co-founders Moore, Gordon split up

Sonic Youth co-founders Thurston Moore and Kim Gordon have separated after 27 years of marriage and the future of the noise-rock band is uncertain, its label's parent company said on Saturday.

Ford UAW contract ratification gains momentum

The United Auto Workers leadership pushing for ratification of a new four-year labor contract with Ford Motor Co made fresh gains on Saturday with nearly half of the worker vote counted, a union online update showed.

Canada won't be trigger happy on rates: Carney

The Bank of Canada won't be trigger happy as it mulls what to do on interest rates, but has room to ease policy if it needs to kick start the economy, central bank Governor Mark Carney said.

IMF calls for pan-European deposit insurance

The International Monetary Fund called on Saturday for an EU-wide deposit insurance scheme and more coordinated regulation of the continent's banks to prevent contradictory national regulation from exacerbating its debt crisis.

Paris G20 finance chiefs closing remarks

G20 finance ministers and central bank governors put strong pressure on euro zone leaders at a two-day meeting in Paris to come up with a convincing solution to the bloc's debt crisis and avert the risk of a fresh global recession.

Geithner says growth too slow, need jobs bill

Economic growth has gained some strength but remains too slow and would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said on Saturday.

Farm groups turning to Web to burnish image

October is a busy month for Kansas farmer Darin Grimm. With 2,000 acres of corn and soybeans to harvest, the third-generation family farmer is running a combine nearly dawn to dusk.

ECB to end bond-buying when markets stabilize: Trichet

The European Central Bank signaled on Saturday it would not abruptly end its bond-buying program now that the euro zone bailout fund EFSF has powers of secondary market intervention and would wait until financial markets stabilize.

German private banks call Greece bankrupt: magazine

Germany's private banks called for euro zone policymakers to finally accept that Greece is insolvent and also pressed for rules that would force lenders to set aside capital on their balance sheets for government bonds, a magazine reported.

U.S. rejects plan to strengthen IMF in euro zone crisis

Proposals to double the size of the IMF as part of a broader international response to Europe's debt crisis ran into resistance from the United States and others, burying the idea for now and putting the onus firmly back on Europe.

G20 ministers back big bank capital surcharge

Finance ministers and central bankers from the world's top economies backed on Saturday a mandatory capital surcharge on big lenders of up to 2.5 percent to be phased in from 2016, dealing a blow to banks hoping for a rethink or delay.

Greece could use property as bond collateral: group

Greece could use state-owned real estate assets as collateral for new bonds to raise more than 100 billion euros ($138.7 billion), under a proposal put forward by a leading Greek think-tank and a former conservative minister.

Could Skype Gain as Much as Microsoft from Deal?

With the $8.5 billion acquisition of Skype having been confirmed, it remains to be seen if Microsoft Corp., with access to Skype's desktop and mobile apps, can use the technology to upgrade its line of existing services.

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