IBT Staff Reporter

61321-61350 (out of 154947)

Dow wobbles, S&P 500 slips into negative

The Dow and S&P 500 dipped into negative territory late on Friday in a volatile session that saw large swings in the indexes, as worries about the economy caused investor skittishness.

HIV Cases Rising for Gay Men and Young Black Men

The U.S. seems to be fighting an uphill battle against HIV. The number of new infections was about 50,000 per year over the past decade and continues to persist, federal officials said Wednesday.

Italy must speed reform for ECB to buy bonds: sources

The European Central Bank is demanding that Italian Prime Minister Silvio Berlusconi commit to fast-track specific welfare reforms and a constitutional amendment enshrining a fiscal rule before it will buy Italian bonds, sources close to the matter said on Friday.

Italy pledges reform for ECB support, stems market

Italy buckled to world pressure in a bid to halt a market rout endangering the global economy, pledging to speed up austerity measures and social reforms in return for European Central Bank help with funding.

July payrolls gain soothes recession fears

U.S. job growth accelerated more than expected in July, tamping down fears the economy was sliding into a fresh recession and easing pressure on the Federal Reserve to provide more support for the weak economy.

Sony to launch low-priced OEL monitors: report

Sony Corp plans to launch a range of organic electroluminescent monitors for commercial users this month, priced almost 70 percent below existing models, the Nikkei business daily reported.

Wall Street retreats again in wildly volatile day

Stocks slipped back into the red late on Friday after fluctuating between big gains and losses in a wildly volatile session with trading volume in equities and options on track to set another record.

Boeing Will Send its Crew Members to Space

Boeing said that two of its employees will act as crew members in the first manned mission of its new astronaut capsule. The company confirmed that it will use the Atlas 5 rocket to test on three flights in 2015.

Army Fails Test of Body Armor for Troops

According to a new report from the Defense Department Inspector General, the U.S. Army failed to properly test five million plates of body armor that were to be used to protect soldiers on the battlefield.

Bank shares slump on Europe, U.S. economic worry

U.S. bank stocks declined on Friday as investors sold off shares of some of the largest U.S. lenders amid new fears surrounding the European debt crisis and a U.S. economy showing little new growth.

Italy brings forward budget plans as crisis mounts

Prime Minister Silvio Berlusconi pledged on Friday to bring forward austerity measures and bring Italy's budget into balance by 2013, a year ahead of the original plan, in a bid to stem rising turmoil on world markets.

Greek debt, falling markets weigh on insurers

Allianz and Generali followed rivals in aggressively writing down holdings of Greek government bonds on Friday, fuelling investor concerns about the possible impact on global insurers of a worsening sovereign debt crisis.

Analysis: Recession II? Probably not, staffing execs say

A sequel to the Great Recession in the United States just two years after the downturn is not likely because demand for temporary workers, a leading indicator of both upturns and downturns, remains steady, staffing industry executives say.

Pages