IBT Staff Reporter

60151-60180 (out of 154942)

Wall Street drops on weak German data

Stocks fell in early trading on Tuesday after three days of gains as data showed sluggish German growth hobbled the euro zone, rekindling fears of a stagnant global economy.

Arsenal Vs Udinese Preview - Champions League Qualifier

Having lost their captain Cesc Fabregas, who stood for everything good about the club, Arsenal will attempt to bounce back and secure a place in the group stages of the UEFA Champions League as they take on Udinese in the first of a two-legged encounter at the Emirates.

Google's Motorola bet to reshape Asian phone makers

Asian handset makers using Google Inc's Android operating system might turn to rival platforms such as Microsoft Corp's Windows after Google upended the mobile landscape with its $12.5 billion bid for Motorola Mobility Holdings.

Jay-Z, Not The King of Hip Hop According to Rolling Stone...Who Is?

"Watch the Throne" artist, Jay-Z, was crowned the Hip Hop Cash King by Forbes for 2011. He earned $37 million offer the past year. It is the fourth time in five years that he has taken the number one position on the list. However, in a recent ranking by Rolling Stone, our man Jigga, is not on top.

Housing starts fall less than expected in July

Housing starts fell less than expected in July as builders broke ground on new multifamily units likely to meet demand for rental apartments, while permits for future construction dropped.

Tabloid reporter implicates senior Murdoch executives

Phone hacking was widely discussed at editorial meetings at Rupert Murdoch's News of the World, the reporter who was blamed as the sole culprit said in a letter which threatened to undermine repeated denials by senior News Corp executives.

UK parliamentary body likely to recall James Murdoch

A British parliamentary committee investigating phone hacking at a now defunct UK tabloid paper is very likely to recall News Corp executive James Murdoch in person after receiving further statements that cast doubt on his previous testimony.

Home Depot flexes muscles against Lowe's

Home Depot Inc , the world's largest home improvement chain, raised its fiscal-year profit forecast for the second time in three months on Tuesday as timely promotions and renewed focus on cheaper products helped it gain market share from rival Lowe's Cos Inc .

SpaceX Ushers in an Age of Private Space Travel

Since NASA has retired its space shuttle program, a private rocket company has stepped in to fill the gap and is in the process of readying a capsule for a liftoff to deliver cargo to the International Space Station.

Euro zone second-quarter GDP growth slows

The euro zone economy grew less than forecast in the second quarter, held back by a sluggish performance in Germany and stagnation in France, data from the European statistics agency showed on Tuesday.

German growth slows in Q2, outlook clouds

German growth slowed to its weakest quarterly rate since 2009 between April and June, data showed, fuelling concerns a worsening outlook in the euro zone and beyond will hobble the region's powerhouse economy.

Stock futures signal retreat for equities

Stock index futures pointed to a weaker open for equities on Wall Street on Tuesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.6 to 1.0 percent.

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