IBT Staff Reporter

56251-56280 (out of 154942)

Greece to Front-Load Austerity, Troika to Return

Greece pledged to bring forward painful austerity measures on Tuesday, convincing international lenders to return to Athens early next week for talks that it hopes will secure the aid it needs to avert bankruptcy.

Oracle Expects Strong Q2, Firms up Tech Outlook

Oracle Corp forecast earnings for the current quarter that are higher than expected, as well as robust software sales, offering some reassurance to investors hoping that global technology spending is holding up.

U.S. calls online poker site a global Ponzi scheme

U.S. prosecutors made new allegations on Tuesday in a probe of the Full Tilt Poker website, accusing self-styled Poker Professor Howard Lederer and professional poker champion Christopher Ferguson and others of paying themselves more than $440 million while defrauding other players.

GM labor deal creates jobs, holds line on costs

A tentative contract between General Motors Co and the United Auto Workers union adds U.S. factory jobs and replaces traditional wage increases with profit-sharing, union officials said on Tuesday.

UBS boss seeks board backing for overhaul

UBS Chief Executive Oswald Gruebel will ask the Swiss bank's board to back plans for a radical overhaul of investment banking under his leadership at a meeting in Singapore, after unauthorized trading caused a $2.3 billion loss.

HTC, Verizon bet on purple with Rhyme phone

HTC Corp is hoping to attract fashion-conscious customers by adding color and accessories to its smartphones as it tries to expand into a new market segment amid slowing growth.

Cell phones may be new tool vs Somalia famine

Cell phones may bring relief to famine victims in parts of Somalia controlled by al Shabaab insurgents as donors seek new ways to circumvent the hard-line militants, a senior U.S. official said on Tuesday.

United Tech, Goodrich talk final deal terms: sources

The chances of an interloper appear slim in the ongoing deal discussions between United Technologies Corp and Goodrich Corp , according to people familiar with the matter, removing one potential hurdle for United Tech in acquiring the aerospace company.

IMF calls on Europe to get act together on debt

Europe needs to get its act together and deal with its worsening sovereign debt crisis, the International Monetary Fund said on Tuesday, warning of the risk of severe repercussions for global growth.

News Corp share buyback crosses $1 billion mark

Rupert Murdoch's News Corp bought back more than $1 billion of its shares in the last month, according to a filing, as it seeks to improve relations with shareholders frustrated by what they say is the media company's unpredictable capital allocation strategy.

Greek minister calls lenders as government vows job cuts

Greece promised more cuts to its bloated public sector on Tuesday and held a second conference call in two days with its international lenders, whom it must convince to extend more loans to prevent its coffers running dry next month.

Head of Arab broadcaster Al Jazeera resigns

The head of Arab TV channel Al Jazeera said on Tuesday he was leaving the network, but gave no reason for his departure at a time when the station's coverage has played an important role in unprecedented protest movements rocking the Arab world.

Google+ opens up, takes fight to Facebook

Google Inc and Facebook trotted out a variety of new social networking features in back-to-back announcements on Tuesday, underscoring their intensifying competition for Web surfers.

The 10 Most Useful Travel Sites on the Web

We’ve done the work so you don’t have to! From destination ideas to flight choices, insight, and itineraries, here’s a look at some of the best sites on the web for travel.

RIM will struggle to restore credibility - analyst

BlackBerry maker Research In Motion must launch innovative devices on schedule and offer credible earnings forecasts to win back the trust of investors made wary by its missteps, an analyst said on Tuesday.

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