IBT Staff Reporter

59761-59790 (out of 154953)

Groupon shares mobile location plans with Congress

Groupon Inc disclosed some details of its plan to offer location-based offers through mobile phones when the largest daily deal company responded on Thursday to Congressional questions about its privacy policies.

Beaten-down Wall Street tanks on recession fears

Wall Street sank in volatile trading on Thursday, with the S&P 500 down more than 4 percent as weak U.S. economic data pressured markets already beaten down by renewed fears about the health of European banks.

HP stuns Street with Autonomy offer, spinoff plans

Hewlett-Packard Co wants to buy Autonomy Corp for $10.3 billion and is pondering a spinoff of its personal computing arm, setting in motion a transformation that mirrors IBM's successful overhaul last decade.

Manufacturing gauge drops to 2-1/2 year low

Factory activity in the U.S. Mid-Atlantic region slumped to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, dampening hopes for a quick revival in economic growth.

HP close to buying Autonomy for $10 billion: report

Hewlett-Packard Co plans as soon as Thursday to announce a $10 billion acquisition of British software company Autonomy and a spinoff of its personal computer business, the world's largest, Bloomberg reported.

HP plans PC spinoff, eyes Autonomy, halts webOS

Hewlett-Packard Co is in talks to buy British software company Autonomy and is pondering options for its personal computing division including a spinoff, as the tech giant steps up an overhaul aimed at rekindling growth.

GameStop's profit beats Street, shares recover

GameStop Corp said its growth this year will be driven by a strong holiday lineup and customers buying used games to save money, which sent its shares higher after an initial drop on Thursday.

Murdoch did not cover up Goodman details: law firm

News Corp executive James Murdoch did not try to cover up the truth by blacking out sections of an incriminating letter written by disgraced News of the World royal reporter Clive Goodman, lawyers acting for the company said on Thursday.

Mosquitoes' Resistance to Insecticide Prompt Worries about Malaria Relapse

Mosquitoes quickly develop resistance to insecticide-treated nets, raising alarm that the method of malaria prevention is not effective, a study from Senegal found. Researchers who studied malaria infections there found that Anopheles gambiae mosquitoes, the species responsible for malaria in Africa, are growing resistant to a common type of insecticide.

Tech Data Q2 beats, sees steady demand

Tech Data Corp reported a quarterly profit that handily beat expectations on stronger foreign currencies and a 30 percent growth at its European business, and forecast a mid-single digit sales growth for the third quarter.

U.S. regional factory plunges to 2-1/2 year low

Factory activity in the U.S. Mid-Atlantic region plunged to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, stoking concerns that risks of recession are growing.

Bond yields plunge as economy fears mount

Treasury prices soared on Thursday and benchmark 10-year note yields fell below 2 percent for the first time as global economic fears sent investors scrambling for safe-haven government debt.

Ceglia ordered to give files, emails to Facebook

Facebook Inc has won access to computers, files and emails it hopes will prove an upstate New York man's claim to own half of founder Mark Zuckerberg's stake in the world's largest social networking company is a fraud.

Forest Labs fends off Icahn at annual meeting

Forest Laboratories Inc won its showdown with activist investor Carl Icahn on Thursday, saying shareholders backed the company's slate of 10 board members over nominees proposed by the billionaire.

Regional factory activity hits 2-1/2 yr low

Factory activity in the Mid-Atlantic region slumped to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, dampening hopes for a quick revival in economic growth.

Analysis: Brazil's economy goes from great to good

Brazil's long boom appears to be over.After several dynamic years that saw it earn a reputation among some Western investors as the near China, Brazil now looks to be downshifting into a pattern of economic growth of around 3 percent to 4 percent for the foreseeable future.

Climate Change Causes Species to Shift Habitats: Study

The Earth's rapid warming has shifted the climate in many areas, prompting species to shift with it, a variety of studies suggested. Most of these studies looked at a limited number of species or narrow geographic region, which means that there isn't a clear global picture yet.

U.S. bond yields plunge as investors flood debt

U.S. Treasury prices soared on Thursday and benchmark 10-year note yields fell below 2 percent for the first time as global economic fears sent investors scrambling to safe haven government debt.

Kerkorian sheds 20 million MGM shares; stock tumbles

Billionaire investor Kirk Kerkorian's Tracinda Corp disclosed in a filing that it sold 20 million shares in gambling and resort operator MGM Resorts International on Wednesday, leaving it with a 22.8 percent interest.

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