IBT Staff Reporter

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Obama keeping close watch on Hurricane Irene

President Barack Obama kept a close eye on Hurricane Irene as it charged north along the East Coast on Saturday by visiting the Federal Emergency Management Agency and receiving an evening briefing from top officials.

Airlines abandon Northeast, NY closes subways

U.S. airlines canceled more than 10,000 flights due to Hurricane Irene by late Saturday, while New York and other eastern cities initiated sweeping storm-related shutdowns of rail and mass transit systems.

Irene slams New Jersey, damage widespread

Hurricane Irene swept along the New Jersey shore early on Sunday, knocking down trees, flooding streets and leaving thousands of people without electrical power.Reports from the National Weather Service suggested that Irene fell short of the most dire predictions that it could drop up to a foot of rain and pack 75 mile per hour winds.

Tea Party Express launches bus tour from California

With the Republican campaign for the White House taking shape, hundreds of Tea Party activists kicked off a national bus tour on Saturday, aiming to rally their base and new recruits to the conservative political cause.

Hurricane Irene cuts power to 3.3 million

Hurricane Irene knocked out power to 3.3 million homes and businesses along the East Coast, forced two nuclear plants to shut and idled oil ports and refining as it approached New York City early on Sunday.

Photos Faster and Bigger in Facebook

Just a few days after Facebook redefined the security and privacy feature of the website, the social networking site has introduced a new version of its photo apps.

France eyes financial transaction tax deal at G20

France wants concrete results for a controversial international tax on financial transactions at November's G20 summit of leading economies, Finance Minister Francois Baroin said in remarks published on Sunday.

Hurricane Irene threatens shuttered New York

Hurricane Irene battered New York with heavy winds and driving rain on Sunday, shutting down the U.S. financial capital and most populous city, halting mass transit and causing massive power blackouts as it churned slowly northward along the eastern seaboard.

Euro crisis may be over in 2-3 years - Regling

The euro zone can conquer its crisis in the next few years if countries get their financial houses in order, the head of the bloc's rescue fund was quoted saying in Der Spiegel magazine, scolding Germans for being too pessimistic about the region's outlook.

Act now to save global recovery, IMF chief urges

The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.

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