IBT Staff Reporter

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Kohn: Fed might consider more easing

Former Federal Reserve Vice Chairman Donald Kohn said on Wednesday the Fed might need to give serious consideration to further easing if the economy weakens more than expected and underlying inflation comes down.

Activision Blizzard raises outlook

Activision Blizzard, the biggest video game publisher, raised its earnings outlook for the year and said its quarterly profit rose as more gamers bought content over the Internet for its biggest franchise, Call of Duty.

Marg Helgenberger is saying goodbye to "CSI"

Long-running TV series "CSI:Crime Scene Investigation" will take on a less serious tone this season as former "Cheers" actor Ted Danson joins the cast of forensic detectives, producers said on Wednesday.

McCartney ex-wife: Mirror journalist hacked my phone

Heather Mills was quoted on Wednesday as saying a journalist at British publisher Trinity Mirror, owner of the Daily Mirror tabloid newspaper, had hacked her phone before she was married to former Beatle Sir Paul McCartney.

White House explores options on FAA shutdown

The White House said on Wednesday it was looking at ways to end a partial shutdown of the Federal Aviation Administration that has halted airport construction projects employing thousands of people and extended the summer's political battles.

Obama to head out on "listening" bus tour for jobs

President Barack Obama will take a three-day campaign-style bus tour through the American Midwest this month, as he tries to refocus attention on jobs seen as vital to his chances of winning re-election in 2012.

State actor seen in "enormous" range of cyber attacks

Security experts announced on Wednesday the discovery of an unprecedented series of cyber attacks spanning five years that affected the networks of 72 organizations globally, including the United Nations, governments and corporations.

New HIV Infection Rate in US Flat, Prevention is Key: Officials

The U.S. has been gaining momentum in its fight against HIV but the number of new infections, about 50,000 per year over the past decade, continues to persist, federal officials said Wednesday. The epidemic still largely concentrates on gay men and rates of new infection have also been rapidly rising in young black men.

British Library offers e-classics app for iPad

Frankenstein, Oliver Twist and Robinson Crusoe could all be lurking on your iPad if you download a new application launched by the British Library this week which provides access to over 45,000 historical and antiquarian titles.

Pfizer interested in over-the-counter Lipitor: report

Pfizer Inc is interested in selling a non-prescription version of its Lipitor cholesterol drug after it loses U.S. patent protection, but would likely face a battle with regulators because of safety concerns, the Wall Street Journal reported on Wednesday.

Big media's profits defy gloomy outlook, for now

Big media companies reported strong results but a bleak economic outlook has investors worried over whether they can deliver again in the face of high unemployment and slumping U.S. consumer spending.

Alec Baldwin to Break "Saturday Night Live" Host Record

This fall, Alec Baldwin will be the season's opening host of Saturday Night Live. The New York Times first reported the story, and this will mark Baldwin's 16th appearance as the host of the sketch show. It will also be a record for the star, beating out rival Steve Martin with 15 host credits.

Time Inc to make all titles available on tablets

Time Inc plans to make all 21 of its magazines, including Real Simple and Entertainment Weekly, available on leading tablet computers by the end of the year, the publishing arm of Time Warner said on Wednesday.

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