More From IBT Staff Reporter
Married People Live Longer After Heart Bypass Surgery, Study Shows
Happily married people are three times more likely than unmarried people to be alive 15 years after coronary bypass surgery.
Aug 22, 2011
5 Things To Guide Your Investment Decisions This Week
Economist Kevin Depew lists five important things to look for leading up to this week’s Fed conference.
Aug 22, 2011
ENI leads Libya oil race; Russia, China may lose out
Italian oil company Eni led the charge back into Libya on Monday as rebels hailing the end of Muammar Gaddafi's rule warned Russian and Chinese firms that they may lose out on lucrative oil contracts for failing to support the rebellion.
Aug 22, 2011
Wall Street edges higher, searches for catalyst
U.S. stocks edged up on Monday after four weeks of losses, but investors were hesitant to take big risks without a catalyst for buying.
Aug 22, 2011
White House: Vacationing Obama working on economy
President Barack Obama has taken heat for taking a vacation when the U.S. economy is struggling, but aides are striving to make clear he is not neglecting the country's finances during his break.
Aug 22, 2011
HP TouchPad To Resurrect As TouchDroid, Running Android
TouchPad + Android = Touchdroid!
What you can do with the heavily-discounted HP TouchPad are limited, now that Hewlett-Packard is killing its WebOS devices and the $99 TouchPad will slowly wear off.
Aug 22, 2011
Data may prove Bristol and Pfizer drug a winner
Despite being third to market, a new bloodthinner from Bristol-Myers Squibb and Pfizer may become the biggest seller in an emerging multibillion-dollar class of drugs for preventing strokes in heart patients.
Aug 22, 2011
The Rise and Fall of the Dominique Strauss-Kahn Case [TIMELINE]
A timeline of the sexual assault case against Dominique Strauss-Kahn.
Aug 22, 2011
IBM Founder Knew How to Tackle Economic Slump
Peter E. Greulich documents Thomas J. Watson, Sr.’s founding leadership that enabled IBM to grow for a century in ‘The World’s Greatest Salesman: An IBM Caretaker’s Perspective, Looking Back’
Aug 22, 2011
Hurricane Irene 2011: Florida May Be Spared Direct Hit
Hurricane Irene may pass off the coast of Florida, according to updated path projections from the National Weather Service. The storm is expected to strengthen into a Category 3 hurricane with winds up to 115 mph.
Aug 22, 2011
HP unveils new PC days after saying it exits unit
Hewlett-Packard launched a new desktop on Monday, days after the technology company revealed plans to spin off or sell its personal computer unit.
Aug 22, 2011
Why Oldest Fossils On Earth Surmises Alien Life on Mars
When a team of geologist unearthed 3.4-billion-year-old fossils, the microfossils preserved in the form of tiny circles and tubes meant much more than mere discovery of the oldest fossils on earth.
Aug 22, 2011
5 Reasons Obama Should Appoint Kim Kardashian as Economics Czar
She can show the president how to make $17.5 million in one weekend.
Aug 22, 2011
George Pataki 'Seriously Considering' Running for President: Can He Win?
George Pataki, who was governor of New York from 1995-2006, is giving serious consideration to running for the Republican presidential nomination, according to the Daily News.
Aug 22, 2011
USA becomes Food Stamp Nation but is it sustainable?
Genna Saucedo supervises cashiers at a Wal-Mart in Pico Rivera, California, but her wages aren't enough to feed herself and her 12-year-old son.
Aug 22, 2011
Analysis: Google/Motorola could be peak of patent price spike
The bubble in mobile phone technology patent values may just have popped.
Aug 22, 2011
Nigerian naira falls to 2-month low vs dollar
The Nigerian naira fell to its weakest in almost two months against the U.S. dollar on the interbank market on Monday after the central bank removed restrictions on the amount of dollars lenders could sell to bureaux de change.
Aug 22, 2011
Harmony sees no threat from PNG ownership
The CEO of Harmony Gold, the world's fifth largest gold producer, said reported plans to shift mineral ownership in Papua New Guinea to local communities from the state would complicate negotiations but nationalisation was not being discussed.
Aug 22, 2011
Ghana parliament to debate China's $3 bln loan
Ghana's parliament will begin debating on Monday a $3 billion loan facility awarded by China Development Bank to the west African nation to finance infrastructure projects including in the oil and gas sector, a government statement said.
Aug 22, 2011
Libya to Stay on High Risk List: Ship Insurers
There is no immediate prospect of removing Libya from a list of areas deemed high risk by London's marine insurance market, and underwriters will seek a stable period in the country before looking at a de-listing, a market official said on Monday.
Aug 22, 2011
S.Africa's bond market consolidates, stocks up
South Africa's government bonds took a breather on Monday, with yields coming off record lows as some dealers cashed in their holdings after a strong rally last week.
Aug 22, 2011
Groupon's Mason to tie the knot right after planned IPO
This fall is shaping up to be one to remember for Groupon Chief Executive Andrew Mason.
Aug 22, 2011
Setback for Sprint in motion against TerreStar
A bankruptcy court has denied Sprint Nextel Corp's motion for a partial summary judgment in a proceeding against bankrupt mobile satellite network operator TerreStar Networks Inc , U.S. Bancorp and others.
Aug 22, 2011
Fewer Stars In the Sky as Universe Runs Out of Gas
Galaxies are running out of gas, causing the universe to form fewer stars, TG Daily said. The reason behind the star shortage is a shortage of molecular hydrogen, an Australian research team explained.
Aug 22, 2011
Spitzer faces $60 million libel suit over Slate column
Former New York Governor Eliot Spitzer was hit with a $60 million libel lawsuit by a former Marsh & McLennan Cos Inc executive over a column posted on Slate.com about an insurance bid-rigging scandal.
Aug 22, 2011
Bank of America leads U.S. bank shares lower
Bank of America Corp shares fell as much as 6.6 percent on Monday, reaching their lowest level in two weeks, as investors fretted about the bank facing additional legal liabilities over mortgages.
Aug 22, 2011
Bank of America shares fall as investors fret
Bank of America Corp shares fell as much as 6.6 percent on Monday, reaching their lowest level in two weeks, as investors fretted about the bank facing additional legal liabilities over mortgages.
Aug 22, 2011
Brent oil drops as Libya civil war nears end
Brent crude fell more than 1 percent on Monday as investors anticipate a resumption of oil exports from the OPEC-member Libya, where rebels moved to control most of Tripoli and an end to the six-month-old civil war seemed close.
Aug 22, 2011
Lowe's sets aside $5 billion for share buyback
Lowe's Companies Inc put aside $5 billion to buyback its shares over the next two to three years, joining a string of companies digging into their cash reserves to shore up their stocks in a weak economy.
Aug 22, 2011
Data may prove Bristol, Pfizer drug a winner
Despite being third to market, a new bloodthinner from Bristol-Myers Squibb and Pfizer may become the biggest seller in an emerging multibillion-dollar class of drugs for preventing strokes in heart patients.
Aug 22, 2011
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