IBT Staff Reporter

57391-57420 (out of 154942)

Geithner urges global action to boost growth

Treasury Secretary Timothy Geithner on Thursday called on global finance chiefs to boost growth but said a repeat of the massive coordinated fiscal stimulus efforts of 2009 was no longer possible.

Nokia suffers as Europeans turn to smartphones: IDC

Booming demand for Apple's iPhone and phones using Google's Android software lifted second-quarter smartphone sales in Western Europe by 48 percent year on year, while former market leader Nokia fell further behind.

Yahoo: Dump, hold or buy after Bartz departs

* THE ISSUE: The end of Carol Bartz's rocky two-year tenure as chief executive at Yahoo and replacement by an interim chief suggests the company's turnaround is still down the road. The question is what's next for its shares.

DirecTV streams NFL games for added sales

DirecTV is expanding its NFL Sunday Ticket television package, which lets viewers watch football outside their local markets, to see if it can make some extra money from broadcasting the games on the Internet.

Wall St dips after trade, jobless data

Stocks slipped on Thursday after data showed continued softness in the labor market but a shrinking trade gap, ahead of a speech by U.S. President Barack Obama detailing his plan for jobs growth.

BoE keeps rates steady, more QE still possible

Britain's central bank left interest rates at a record low 0.5 percent for the 30th straight month on Thursday, leaving open the possibility that it may restart its quantitative easing program should the economy weaken further.

Greek backsliding sparks euro exit talk

Anger at Greece's failure to meet fiscal targets that are a condition for its international bailout is nearing breaking point in Germany and the Netherlands, with senior politicians talking openly about a possible Greek exit from the euro zone.

New jobless claims rise, July trade gap narrows

The number of Americans filing new claims for jobless benefits rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama unveils a plan on job creation in a major address to Congress.

New jobless claims rise to 414,000 last week

New U.S. jobless claims rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama delivers a major address to Congress on the issue.

Fitch warns of downgrades for China, Japan

Fitch Ratings warned on Thursday that it might downgrade China's credit rating within two years as the country's banks struggle with debt loads following a lending surge to help lift the economy during the 2008 financial crisis.

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