IBT Staff Reporter

60211-60240 (out of 154942)

Analysis: Google deal ups RIM's allure, but for how long?

Google's $12.5 billion bid for Motorola Mobility brought a 9 percent gain for the beaten-down stock of tech rival Research In Motion on Monday as investors calculated what a similarly bulging premium would do for the BlackBerry maker's asking price.

Starbucks CEO urges halt to U.S. political donations

Starbucks Corp Chief Executive Howard Schultz is winning support for his call to withhold political contributions from U.S. lawmakers until they strike a fair, bipartisan deal on the country's debt, revenue and spending.

U.S. banks continue to ease lending standards: Fed

U.S. banks continue to ease lending standards and most terms on all major non-real estate loans during the past three months, the Federal Reserve reported in its quarterly survey of senior loan officers.

Verizon Strike Update: Union Heads Honor Worker Killed in '89 Picket

Hundreds of Verizon workers in red shirts interrupted a nine-day-old strike to place a wreath at a site in suburban New York on Monday morning, where a colleague was fatally injured on a picket line 22 years ago. The union workers began reportedly one of the biggest labor strikes in recent U.S. history on Aug. 7.

Fake Apple Store Count in China Reaches 22, One 'Smartens' Up

Despite some exterior changes, reported photos hint that the inside of at least one out of 22 imposter Apple stores with familiar wooden tables and Apple-like signage, remain unchanged. A blog that gained international attention for calling out the bogus stores led to the closure of two fake Apple stores by Chinese officials in July.

NY factory index contracts for third month

Manufacturing in the New York area contracted for the third straight month in August, data showed on Monday, tempering any lingering hopes for a rebound in the U.S. economy in the second half of the year.

Google deal boosts shares for third day

Wall Street stocks rose for a third day on Monday as investors saw Google's offer for phone maker Motorola Mobility as an excuse to jump back into the market after weeks of sharp selling.

BofA gets boost as Countrywide cases are combined

Bank of America Corp won what could prove a legal victory as eight mortgage securities lawsuits against its Countrywide unit were combined into a single case before a federal judge who has ruled favorably for the bank in the past.

Google deal boosts Wall Street for third day

Wall Street stocks rose for a third day on Monday as investors saw Google's offer for phone maker Motorola Mobility as a signal to jump back into the market after weeks of sharp selling.

Analysis: How low can mortgage rates go?

Mark Sass and his wife Jan decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near historic lows through the first half of 2013.

Charlie Sheen?s Bad Weekend

Charlie Sheen didn't have the best weekend. The former "Two and a Half Men" star may be getting warmed up as he prepares for the Comedy Central roast of Charlie Sheen on Sep 10. in Los Angeles, which airs the night of Sep 19. alongside the season premier of his old show.

Harmony sticks to 2 mln oz output target for 2015

The chief executive of Harmony Gold, Africa's third largest gold producer, said on Monday he remained committed to a 2015 output target of 2 million ounces despite a decline in production over the last financial year.

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