IBT Staff Reporter

54181-54210 (out of 154943)

Firm Urges Investors to Remove News Corp. Directors

Proxy Advisory firm Glass Lewis & Co. has told shareholders of News Corporation that they should vote against six directors, including Chairman and CEO Rupert Murdoch's sons James and Lachlan, for re-election to the company board.

European pledge lifts Wall Street 2 percent

Stocks rose sharply in early trading on Monday after a renewed pledge by France and Germany to come up with a plan to resolve the euro zone debt crisis by month's end lifted sentiment.

America Movil to launch bid for rest of Telmex

Mexican mobile phone giant America Movil, owned by billionaire Carlos Slim, is set to launch a bid on Tuesday to buy the 40.04 percent of fixed-line phone unit Telefonos de Mexico it does not already own.

DVDs stay on Netflix website, Qwikster name gone

Netflix Inc Chief Executive Reed Hastings reversed an unpopular decision to separate his company's DVD rental business and online video streaming service, sending the stock up 10 percent in premarket trading.

Blue Whales Nearing Our Shores

Last Thursday, blue whales were spotted in Southern California's Del Mar and La Jolla. Experts report that this is the closest these large mammals have ever come to our shores.

Germany, France Strategize to Stabilize the Euro

The leaders of Germany and France have promised to unveil new measures to solve the euro zone's debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions. But they declined to reveal any details.

Futures signal higher Wall Street opening

Stock index futures pointed to a higher opening for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 rising 0.9 to 1 percent.

Injured Djokovic Withdraws from Shanghai Masters

World number one Novak Djokovic will miss the Shanghai Masters this week, following his withdrawal from the China Open last week, after aggravating his back injury in the recently concluded Davis Cup.

Sinopec to buy Canada's Daylight Energy for $2.1 billion

A unit of China Petrochemical Corp has signed a deal to buy Canadian oil and gas explorer Daylight Energy Ltd for C$2.2 billion ($2.1 billion) in cash, underscoring China's quest to secure enough energy to power its booming economy.

Berlin, Paris vow new crisis plan as pressure builds

The leaders of Germany and France have promised to unveil new measures to solve the euro zone's debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions.

Pages