IBT Staff Reporter

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Euro zone crisis set to dominate G20 Paris meeting

G20 finance chiefs and central bank heads from the world's biggest economies meet in Paris on Friday needing to find a solution to a deepening euro zone debt crisis that has fanned fears of a global recession.

BRIC countries in talks to boost IMF: report

Brazil, Russia, India and China are working on ways to contribute money rapidly to expand the effective funds of the International Monetary Fund, the Financial Times reported on Friday, citing people familiar with talks among the countries.

Solyndra Investor Promoted Panels to Navy: Report

One of the largest private investors in failed solar firm Solyndra recommended the company's panels for a U.S. Navy contract at a time when the company was struggling with cash flow, the Wall Street Journal reported on Thursday.

Solyndra investor promoted panels to the Navy: report

One of the largest private investors in failed solar firm Solyndra recommended the company's panels for a U.S. Navy contract at a time when the company was struggling with cash flow, the Wall Street Journal reported on Thursday.

New iPhone goes on sale, fans say tribute to Jobs

Apple Inc's latest iPhone went on sale in stores across the globe on Friday, with fans snapping up the final gadget unveiled during Steve Jobs' lifetime, many buying the phone as a tribute to the former Apple boss.

Apple must show patents valid in Samsung case: judge

A U.S. judge said that Samsung Electronic's Galaxy tablets infringe Apple Inc's iPad patents, but added that Apple has a problem establishing the validity of its patents in the latest courtroom face-off between the technology giants.

FCC presses AT&T on jobs claims for merger

A federal telecommunications regulator asked AT&T Inc on Thursday to provide data on claims that its deal to buy T-Mobile USA would mean a net gain of U.S. jobs, saying its responses on this issue remain incomplete.

Obama says Iran to face toughest possible sanctions

President Barack Obama warned Iran on Thursday it would face the toughest possible sanctions for an alleged plot to kill the Saudi ambassador in Washington, as Treasury officials eyed action against the Iranian central bank.

Asian Shares Edge Lower on Caution over Global Growth

Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.

Asia shares edge lower on caution over global growth

Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.

Hulu sale called off after months of talks

An attempted sale of online video website Hulu has fallen through after months of difficult and complex negotiations between owners such as Walt Disney Co and potential buyers.

SEC tells companies to disclose cyber attacks

U.S. securities regulators on Thursday issued guidelines for public companies to follow in disclosing cyber attacks following a rash of Internet crimes that caused lawmakers to call for clearer guidance on reporting the crimes.

Hulu taken off the block

The joint owners of Hulu, said they have decided against a sale of the popular online video service amid rumors that the bids received were lower than they were willing to accept.

SEC issues guidance on cyber security disclosures

A rash of cyber security breaches at U.S. public companies and an outcry from federal lawmakers has prompted U.S. securities regulators to issue guidance for when companies must disclose cyber attacks to investors.

Uniqlo starts U.S. expansion, eyes 200 stores

Fast Retailing Co Ltd's <9983.T> Uniqlo is launching its U.S. expansion this week with the opening of a flagship store in Manhattan that will anchor a global push to rely less on its home market of Japan.

Problems plague Apple iCloud, iOS launch

Apple Inc rolled out its new iCloud service and latest mobile software to a chorus of user complaints this week, after glitches led to email access problems and long delays in installation.

Forest Labs looks longterm for next product deals

Forest Laboratories Inc is looking more at earlier-stage products to acquire rather than more advanced ones because it feels confident it can weather the patent expirations of its two biggest medicines, the drugmaker's finance chief said on Thursday.

Deficit panel grapples with corporate taxes

In a sign of possible progress in bipartisan U.S. deficit talks, Republicans seem more flexible on corporate taxes, a change that could help the congressional super committee chart the country's path back to fiscal health.

Kocherlakota: Recent easing hurts Fed credibility

Recent Federal Reserve moves aimed at bolstering a slow but intact recovery reduce the central bank's credibility and ultimately its ability to keep inflation in check and unemployment low, a top Fed official said on Thursday.

Foreign profit tax break would spur U.S.: report

An overseas corporate profit repatriation tax holiday could boost consumption and U.S. tax revenues even if companies decide to return cash to shareholders, according to a new study published on Thursday.

Contrite BlackBerry co-CEOs go into damage-control

Research In Motion's co-CEOs have apologized to millions of BlackBerry customers for a four-day outage that has tarnished RIM's image and set back its drive to catch up with Apple and other smartphone rivals.

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