IBT Staff Reporter

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Real Housewives draws fire from TV critics

The tragedy-marred Real Housewives of Beverly Hills reality show went ahead with a 'life must go on' attitude Monday night, but the newly-edited version left an uncomfortable taste in the mouth of many TV viewers and critics.

Doctor's trial may avoid Michael Jackson's past

Michael Jackson's former doctor faces a tough challenge clearing himself of involuntary manslaughter charges in the pop star's death as his trial, which promises to avoid many dark aspects of Jackson's life, begins with jury selection due this week.

Groupon IPO on hold as SEC questions remain

Groupon is going to wait at least a couple of weeks before launching the final phase of its initial public offering because regulators still have questions for the daily deals website and the stock market is too volatile, a person familiar with the situation said on Tuesday.

Fiat's Marchionne becomes Chrysler chairman

Fiat SpA Chief Executive Sergio Marchionne has been named chairman of the Chrysler Group LLC, the company said on Tuesday, further cementing Fiat's control of the U.S. automaker it has steered since 2009.

Groupon Delays IPO, Waits Out Market Turmoil

Groupon has put its IPO on hold for at least a few weeks, hoping to ride out global market turmoil while dealing with regulatory questions surrounding its highly anticipated public float, two sources with knowledge of the deal said.

Next Jump to take down Borders website

Next Jump Inc has agreed not to contact Borders Group Inc's customers or operate its website, resolving Borders' bid for an injunction over trademark infringement allegations against the marketing engine.

Private equity giant Carlyle files for IPO

Private equity company Carlyle Group filed for an IPO on Tuesday, a long-awaited move to catch up with rivals Blackstone, KKR and Apollo, but the volatility of global markets means an offering is unlikely until the first half of 2012.

U.S. must reveal some cellphone tracking cases: court

The government must tell the public how it tracked suspects by cellphone without having given a judge detailed reasons for the tracking in some cases, an appeals court ruled on Tuesday, in a case pitting new technology against privacy rights.

Rick Perry Campaign: 5 Reasons He Can Win

A previous article looked at 10 positions that could make Perry unelectable once he has to win over the general electorate rather than just Republican voters. On the flip side, here are five reasons he could have a good chance.

Groupon reevaluating IPO: report

Daily deals website Groupon has called off an IPO roadshow slated for next week because of market volatility, the Wall Street Journal reported on Tuesday.

Service sector picks up but jobs still a worry

The dominant services sector picked up steam unexpectedly last month, snapping a three-month streak of slower growth, though a slower pace of hiring underscored concerns about the broader job market.

U.S. bank stocks slide on mortgage worries

JPMorgan Chase & Co and Bank of America led bank stocks lower on Tuesday after mortgage lawsuits filed late on Friday aggravated investor fears that the biggest banks could face massive legal liabilities.

Egypt lets Kuwait lawyers join Mubarak defence team

Egypt's justice minister agreed to let five Kuwaiti lawyers join the defence team of ousted President Hosni Mubarak, who is on trial for incitement to kill demonstrators and corruption, state news agency MENA said.

Libyan convoys in Niger, may be Gaddafi deal

Scores of Libyan army vehicles crossed the desert frontier into Niger in what may be a bid by Muammar Gaddafi to seek refuge in a friendly African state, military sources from France and Niger told Reuters on Tuesday.

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