More From IBT Staff Reporter
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.
Aug 15, 2011
Injury Lawsuit Settled over Martha Stewart's Chairs Cutting Fingers Off
Three people who had their fingers injured and cut off by Martha Stewart chairs reached a settlement.
Aug 15, 2011
Hackers Attack San Francisco?s Transit System
The infamous group of hackers known as "Anonymous" said they were responsible for an online attack against the San Francisco transit system.
Aug 15, 2011
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.
Aug 15, 2011
Uganda to allow sugarcane plantation in virgin forest
Uganda's President Yoweri Museveni will allow 7,100 hectares of virgin forest to be farmed for sugarcane, his spokesperson told Reuters on Monday, potentially triggering a repeat of protests that stopped a similar deal in 2007.
Aug 15, 2011
'World War Z' Film Already Disappointing Fans
Fans of the bestselling book "World War Z" didn't respond favorably to Paramount's synopsis of the film version.
Aug 15, 2011
Kenya shilling stable vs dollar, stocks down
The Kenyan shilling was stable against the dollar on Monday and was seen firming due to a squeeze on shilling liquidity in the money markets, while stocks edged lower for a second session.
Aug 15, 2011
S.Africa's municipal workers strike over wages
More than 200,000 South African municipal workers walked off the job on Monday, a trade union said, in a strike which intensifies labour strife that has rocked Africa's biggest economy.
Aug 15, 2011
Virginia Camp Boosts Self-Esteem in Teens At Risk of HIV/AIDS
A camp in Virginia has no traditional activities such as fishing or swimming but it provides young women with statistics scarier than any campfire story - a possible HIV/AIDS diagnosis.
Aug 15, 2011
Hilary Duff and Mike Comrie Expecting Child
"I can't believe it has already been a year, time really flies when you're having fun!" Hilary Duff announced on her website. "We also want to share the exciting news that...BABY MAKES THREE!"
Aug 15, 2011
Disney Drops Big Budget 'Lone Ranger'
Disney's reboot of the western adventure "The Lone Ranger" has been dropped by the studio. The film, which was to star Armie Hammer (The Social Network) as the Lone Ranger and Johnny Depp (Pirates of the Caribbean) as his Native American sidekick Tonto, seemed to be too big-budget for the studio's liking.
Aug 15, 2011
Zsa Zsa Gabor celebrates 25th anniversary despite Ill-health
Actress Zsa Zsa Gabor and Prince Frederic Prinz von Anhalt celebrated the 25th anniversary of their marriage with a party that stirred a bit of controversy.
Aug 15, 2011
Wall Street to open up on M&A, volatility seen down
Stocks were set to open higher on Monday, feeding on acquisition news and brushing off weak manufacturing data after last week's wild swings took the S&P 500 near a one-year low.
Aug 15, 2011
More homeowners refinancing into shorter loans: survey
More homeowners prefer to pay off their mortgages sooner as interest rates have stayed near rock-bottom and weak labor conditions have caused them to reduce their debt loads, a survey showed on Monday.
Aug 15, 2011
Kenya c.bank raises discount window rate after new rules
Kenya's central bank raised on Monday its discount window rate to 11.34 percent from 6.25 percent previously, a posting on its website showed, after it revised its overnight lending rules last week.
Aug 15, 2011
Nokia jumps as Motorola Mobility bid rekindles M&A hope
Nokia Oyj shares jumped over 10 percent on Monday as Google Inc's offer for Motorola Mobility Holdings rekindled speculation of a bid for the Finnish mobile phone company.
Aug 15, 2011
Stop coddling the super-rich: Buffett
Billionaire Warren Buffett urged U.S. lawmakers to raise taxes on the country's super-rich to help cut the budget deficit, saying such a move will not hurt investments.
Aug 15, 2011
Standard & Poor?s Assesses Impact of Ratings Downgrade
S&P published a report today that shows how its ratings downgrade of America?s debt is affecting bond spreads, issuance volume, and the corporate default rate.
Aug 15, 2011
Tanzania inflation jumps, upward momentum seen
Tanzania's inflation rose for the ninth successive month in July on the back of higher food and energy costs and analysts said it was set to keep rising due to a poor supply outlook for staple foods and the cost of importing oil.
Aug 15, 2011
Instant view: Google to buy Motorola Mobility
Internet search giant Google Inc said it will buy Motorola Mobility Holdings Inc for about $12.5 billion in cash.
Aug 15, 2011
Libya's Zawiyah on edge after rebel capture
For 12 hours, Libyan rebel Ahmed Oraybee had been moving from one building to the next in the town of Zawiyah, trying to hunt down the pro-government snipers stalking its neighbourhoods.
Aug 15, 2011
Wall St gains for 3rd day on M&A, Europe hopes
Stocks gained for a third day on Monday after last week's wild swings on U.S. deal news and speculation European leaders may get control of the euro zone's debt problems.
Aug 15, 2011
Amazon May Cut Into Tablet Game with Low-Price Offering
One analyst says Amazon would do well by offering a low price tablet competitor to the iPad.
Aug 15, 2011
Obama Bus Tour: The President's Midwest Itinerary
With his approval rating at an all time low, U.S. President Barack Obama launched a Midwest bus tour to improve country moral and reconnect with voters.
Aug 15, 2011
Transocean bids $1.43 billion for Aker Drilling
World No.1 oil drilling contractor Transocean is paying double the market price for Aker Drilling to refresh its aging fleet of Norwegian drilling rigs and boost flagging orders.
Aug 15, 2011
BofA to exit Canada, Europe credit card business
Bank of America Corp plans to sell its credit card business in Canada to TD Bank Group, part of a plan by the largest U.S. bank to shed assets and rebuild its capital base.
Aug 15, 2011
Pfizer wins Viagra patent battle against Teva
Pfizer Inc said on Monday it won a patent infringement case against the U.S. unit of Teva Pharmaceutical Industries Ltd, preventing Teva from launching a generic version of Pfizer's erectile dysfunction drug Viagra until October 2019.
Aug 15, 2011
Euro zone bond debate raises pressure on Merkel
Leading German business groups called on Monday for joint euro zone bond issuance, despite their government's opposition, and the European Central Bank showed its intent to defend Italy and Spain.
Aug 15, 2011
Europe?s New Real Estate Hotbed: Poland
Poland became the third most active retail investment market in Europe in the first half of 2011, with $1.73 billion transacted.
Aug 15, 2011
Verizon Strike Update: Turns Ugly, Sides Split on Healthcare
About 45,000 Verizon workers, represented by the CWA and the International Brotherhood of Electrical Workers, have been on strike since last Sunday after talks for a new labor contract failed.
Aug 15, 2011
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