IBT Staff Reporter

55981-56010 (out of 154942)

HP close to naming Whitman CEO, firing Apotheker

Hewlett-Packard Co is on the verge of naming former eBay Chief Executive Meg Whitman its new CEO, replacing Leo Apotheker at the helm of the largest U.S. technology company, two sources told Reuters on Thursday.

Analysis: Emerging markets face capital exodus again

A sell-off precipitated by global recession fears and the deepening euro zone debt crisis has resurrected the specter of capital flight, a threat that still haunts emerging markets for all their vaunted strengths.

Oscar organizers crack down on movie campaigns

Oscar organizers on Wednesday unveiled a tough new set of rules that cracks down on the types of events Academy Award voters can attend before making their picks for the world's top film awards.

Schwarzenegger to write unbelievably true memoir

Arnold Schwarzenegger is writing a memoir about his rise to fame and unlikely transition from Austrian-born champion bodybuilder to Hollywood action star to California governor, his publisher said on Thursday.

Americans prefer Modern Family to X Factor

Big, brash new singing contest The X Factor was thumped on its U.S. TV debut, with American audiences preferring comedy Modern Family in their millions, ratings figures showed on Thursday.

Facebook overhauls user profiles

Facebook unveiled a new feature that lets users overhaul their profile allowing people to create magazine-like photo-heavy Web pages and curate their own stories.

Recession fears hammer stocks, commodities

World stocks and commodities tumbled on Thursday as weak data from China crystallized investor fears of a global recession one day after a grim economic outlook from the U.S. Federal Reserve.

Wall Street tumbles as recession fears hit

Stocks tumbled on Thursday, extending losses for a fourth straight session, as the Federal Reserve's weak outlook for the U.S. economy and disappointing data from China heightened fears about a global recession.

Libya rulers says Gaddafi running out of options

Libya's interim rulers said on Thursday they had further consolidated their control over Sahara desert towns that had been among Muammar Gaddafi's last strongholds, and said Gaddafi himself was running out of places to hide.

S.Africa holds repo rate flat, rand slides

South Africa's Reserve Bank left its repo rate unchanged on Thursday and struck a dovish note as it balanced its concerns for domestic economic growth with an expected increase in inflation stemming from a sharply weaker rand.

HP preparing to make Whitman CEO on Thursday

Hewlett-Packard Co is on the verge of naming former eBay Chief Executive Meg Whitman its new CEO, replacing Leo Apotheker at the helm of the largest U.S. technology company, two sources told Reuters on Thursday.

United Tech makes biggest bet ever on Goodrich

United Technologies Corp's <UTX.N> Louis Chenevert placed the biggest bet of his tenure as chief executive with a $16.5 billion cash deal for aircraft components maker Goodrich Corp <GR.N>.

Trader sorry as UBS chief fights for bank and job

While UBS CEO Oswald Gruebel battled to keep the Swiss bank's investment arm and save his job, the trader accused of unauthorized deals that lost the bank $2.3 billion said he was sorry beyond words.

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