IBT Staff Reporter

54811-54840 (out of 154943)

NY sues BNY Mellon over forex claims

New York's attorney general said on Tuesday he filed a lawsuit against Bank of New York Mellon for defrauding clients in foreign currency exchange transactions.

RIM shares yo-yo on speculation, Apple event

Shares in Research In Motion ended 2 percent higher in yo-yo trade on Tuesday after rival Apple hinted at threats to RIM's core corporate market, but failed to wow fans and investors with its latest iPhone.

Web overtakes TV as most popular UK ad medium: IAB

Brands spent more money advertising on the Internet in Britain than they did on TV for the first time in the first half of 2011, as companies moved online to reach the millions of Britons using social networks and watching videos.

AMR seen pressured, but not ready for bankruptcy

American Airlines may be the most likely big U.S. airline to go bankrupt, but the sum of its hardships -- high labor costs and weak cash flow -- do not add up to an imminent Chapter 11 filing, according to analysts who study the carrier's finances.

RIM shares sink after Apple deployment comments

Shares in Research In Motion fell 4.3 percent to their lowest level in almost six years after Apple CEO Tim Cook said that more than 90 percent of Fortune 500 companies are testing or deploying the iPhone and iPad.

BofA shares drop to lowest level since March 2009

Bank of America Corp shares fell 5.2 percent Tuesday to their lowest level since March 2009 amid concerns about how a slowing world economy and the European debt crisis would affect the largest U.S. bank.

iPhone 4S Release Crashes Apple Web Site

The Apple Web site crashed Tuesday afternoon and was still down as of 3:20 p.m., probably due to the high volume of traffic surrounding the iPhone 5 release announcement.

IBM buys Q1 Labs to expand in security software

IBM Corp will buy security software provider Q1 Labs as it looks to expand in a market which has seen recent high-profile cyber attacks on victims from Sony Corp <6758.T> to the British police.

Banks losing ground on card security

U.S. banks are losing ground in the battle to combat credit and debit card fraud, a new report shows, underscoring the growing threat thieves and hackers pose for the financial system.

iPhone 4S Unveiled: As Good as 'iPhone 5?'

If iPhone 4S was named iPhone 5, the world may not have been so disappointed even if the specs and features were the same. On Tuesday's Let's Talk iPhone event, Apple unveiled its new iPhone, dubbing it 4S, to be released on Oct. 14, two days after the release of iOS 5 and iCloud.

Faster expanding universe work wins physics Nobel

The astounding discovery that the expansion of the universe is speeding up won the Nobel physics prize on Tuesday for three astronomers whose observations of exploding stars transformed our view of the world, and of how it may end.

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