IBT Staff Reporter

61711-61740 (out of 154947)

Service sector growth slows in July

The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February 2010, while the number of jobs created by the private sector also slowed, separate reports showed on Wednesday.

Biggest-ever series of cyber attacks uncovered

Security experts have discovered the biggest series of cyber attacks to date, involving the infiltration of the networks of 72 organizations including the United Nations, governments and companies around the world.

S&P hits new 2011 low as stocks slip

The S&P 500 fell to a new low for the year on Wednesday as service sector growth was less robust than expected in July, another discouraging sign for the economy.

EU says euro area's systemic capacity in doubt

The European Union voiced support for Italy and Spain under attack on financial markets but acknowledged that investors now doubt whether the euro zone can overcome its sovereign debt woes.

Ben Foster Casted as John Gotti Jr. Opposite Star Ensemble

"Gotti" is being directed by Barry Levinston who also directed "Rain Man" and "Tin Men." He finds Foster to be a very promising actor. He described him as "one of the few young actors who can literary transform himself from role to role, from light comedy to a deadly gunslinger... I think he can bring something very memorable to the role of Gotti Jr."

Mark Teixeira sets switch-hitting homer record

New York slugger Mark Teixeira hit home runs from both sides of the plate for the 12th game of his career to set a new Major League record in the Yankees' 6-0 victory over the Chicago White Sox Tuesday.

Google+, Apple's iCloud keep developers keen

Mobile developers more than ever want to devote their energies to writing apps for Apple's iOS and Google's Android platforms at the expense of their less popular rivals, a study released on Wednesday showed.

U.S. rating maintained by Moody's and Fitch

The United States had its triple-A rating confirmed by two key ratings agencies on Tuesday after Washington struck a last-minute deal to avoid a debt default, but threats of future downgrades remain.

Analysis: Debt debate diminishes everyone

The chaotic and often ugly debt-ceiling talks managed to avert a potential economic catastrophe but inflicted new damage to the political reputations of most of the key players.

Default avoided but fears on economy remain

The United States stepped back from the brink of default on Tuesday but congressional approval of a last-ditch deficit-cutting plan failed to dispel fears of a credit downgrade and future tax and spending feuds.

Chrysler CEO: Industry faces reckoning with China

U.S. and European automakers better watch their rear-view mirrors as competition from Chinese rivals will result in a day of reckoning down the road, the head of Fiat SpA and Chrysler Group LLC said on Wednesday.

Stocks set to bounce after selloff, ADP

Wall Street equity futures were set for a higher open on Wednesday as buyers looked to halt the market's longest losing streak since October 2008 after a better-than-expected reading on the labor market.

Multi-Drug Resistant Salmonella Surfaces, As CDC Investigates Outbreak

A recent study published on Wednesday suggests that two strains of Salmonella are resistant to multiple antibiotic treatment drugs as the U.S. Centers for Disease Control and Prevention, along with the U.S. Department of Agriculture?s Food Safety and Inspection Service investigate a multi-state outbreak of Salmonella poisoning linked to ground turkey.

Huawei bets on the cloud, mobile phone sales soar

China's Huawei Technologies Co Ltd, the world's No. 2 network equipment maker, launched its cloud computing smartphones on Wednesday, looking to ride a mobile industry boom that drove a 64 percent sales rise in its devices unit in the first half.

Pages