IBT Staff Reporter

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Yahoo fires Bartz, ends tumultuous tenure

Yahoo Inc said on Tuesday it has removed CEO Carol Bartz and replaced her on an interim basis with Chief Financial Officer Tim Morse, ending a rocky two-year run marked by stagnating growth and a bitter rift with Chinese partner Alibaba.
Sep 07, 2011

Groupon puts IPO on ice as SEC questions remain

Groupon has put its IPO on hold for at least a few weeks, hoping to ride out global market turmoil while dealing with regulators' questions surrounding its highly anticipated public float, two sources with knowledge of the deal said.
Sep 06, 2011

Model-driven hedge funds among losers in SNB shock

Hedge funds, betting on global markets and driven by computer models, were among those hardest hit by Switzerland's shock intervention on Tuesday to reverse profitable bets on the Swiss franc's safe-haven status.
Sep 06, 2011

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.
Sep 06, 2011

Ontario Election Gap Narrows as Liberals Gain

Ontario's governing Liberals have narrowed what was a yawning gap with their main rivals ahead of October's provincial election, giving them momentum as the campaign officially starts.
Sep 06, 2011

Conoco to spill more details on split

ConocoPhillips will divulge more details on Wednesday about its plan to split in two and analysts say the focus will likely be on its chemical joint venture, Canadian oil sands assets and pipelines.
Sep 06, 2011

House star Hugh Laurie releases first album

If Dr. Gregory House, M.D. got put to work figuring out what doesn't quite gel about actor Hugh Laurie's debut album, Let Them Talk, he'd run through a checklist trying to get at the core malady.
Sep 06, 2011

Winehouse family gives interview to Anderson Cooper

The family of Amy Winehouse will give their first major television interview since the British singer's death in June to American journalist Anderson Cooper for the September 12 launch of his new TV program.
Sep 06, 2011

Buddy Holly tribute album lacks spark

Buddy Holly never lived to see his 23rd birthday, but that isn't stopping anyone from celebrating his 75th this week, with the rather belated installation of a star on Hollywood Boulevard and the release of yet another all-star tribute. Maybe now he'll finally be recognized by the youth of America for something other than stealing Elvis Costello's look, right?
Sep 06, 2011

Country singer's latest Good Time could be better

George Strait named his 39th studio album Here for a Good Time, after the hit single that preceded it. But, oddly enough for a collection with that title, it's the bad times that work best.
Sep 06, 2011

Black box funds among losers in SNB shock

Black box computer hedge funds and managers who bet on global markets were likely among those hardest hit by Switzerland's shock intervention on Tuesday to reverse profitable bets on the Swiss franc's safe haven status.
Sep 06, 2011

Darden warns of earnings hit from Hurricane Irene

Darden Restaurants Inc (DRI.N), parent of Red Lobster and Olive Garden, warned that Hurricane Irene dented earnings in its fiscal first quarter, and its shares fell almost 5 percent in after-hours trading.
Sep 06, 2011

John Fogelman, J.J. Abrams launch new venture

Former William Morris Endeavor board member John Fogelman has launched the new FactoryMade Ventures, with Lost producer J.J. Abrams as the company's principal investor, FactoryMade announced on Tuesday.
Sep 06, 2011

Hell's Kitchen helps Fox win ratings night

The culinary-driven outbursts of Gordon Ramsay helped Fox win the night Monday -- not that the end of the Labor Day weekend offered much competition in terms of original programming.
Sep 06, 2011

A tribute to Berry Berenson, aka Mrs. Tony Perkins

On September 11, 2001, when I was driving, I received a message from my friend, Heather Mac Rae: Sorry to hear about Berry Berenson, but she was in one of the planes that crashed into the trade towers.
Sep 06, 2011

Fire from plane crash destroys 12 California homes

A brush fire ignited by a fatal small-plane crash in Southern California has destroyed 12 homes and forced the evacuation of hundreds of others, leaving over 13,000 acres charred on Tuesday as it flared out of control for a third day.
Sep 06, 2011

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.
Sep 06, 2011

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