IBT Staff Reporter

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Shark Night 3D is no fun on the bayou

Labor Day weekend movie releases generally let you know that you've reached the utter dregs of the summer movie season; it's the cinematic equivalent of reaching into the cooler, only to find a Clamato and a diet peach soda floating around in the dirty, melted ice.

Netflix falls on Starz contract loss

Netflix Inc shares lost 11 percent of their value on Friday following the collapse of its content distribution talks with pay-TV operator Starz Entertainment, underscoring investor concerns that it may lose its edge in the online rental market.

Microsoft to win from Google Motorola buy: Acer

Microsoft will be the winner in Google's acquisition of Motorola Mobility as the deal makes Google a direct rival to its phone-making clients, a senior executive from Acer Inc said on Friday.

Wall St slides after zero jobs growth

Wall Street stocks dropped on Friday, with major indexes falling as much as 2 percent as Labor Department data showed jobs growth flatlined in August, intensifying worries the economy is staggering.

Former WikiLeaks partners condemn document release

Five prominent news organizations which collaborated with WikiLeaks have condemned the website and its founder Julian Assange for making public uncensored copies of more than 250,000 U.S. diplomatic cables.

Garmin eyes Europe No.1 spot with Navigon

Garmin Ltd is looking to challenge rival TomTom's leading position in the European market for portable navigation devices though its acquisition of Germany-based Navigon, its executive said on Friday.

Regulator to sue major banks over mortgages

A U.S. regulator will soon file lawsuits against major banks accusing them of bundling subprime home loans into bonds that never should have been sold to investors and causing mortgage giants Fannie Mae and Freddie Mac to lose billions, according to a source familiar with the matter.

Job growth grinds to halt

U.S. employment growth ground to a halt in August as sagging confidence discouraged already skittish businesses from hiring, piling pressure on the Federal Reserve to provide more stimulus to aid the economy.

Wall St tumbles after dismal jobs report

Wall Street stocks tumbled on Friday, with major indexes falling as much as 2 percent as data showed U.S. jobs growth flatlined in August, exacerbating worries the economy is faltering.

McCourt Offered $1.2 Billion for Dodgers: Report

Bill Burke and certain other investors have offered Los Angeles Dodgers baseball team owner Frank McCourt $1.2 billion for the bankrupt team, a Los Angeles Times report said, citing two people familiar with the contents of an offer letter.

AT&T prepares two-track plan to save T-Mobile deal

AT&T Inc is expected to soon present a proposed solution to U.S. antitrust regulators to salvage its planned $39 billion acquisition of smaller rival T-Mobile USA, according to people close to the matter.

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