IBT Staff Reporter

62731-62760 (out of 154942)

Daimler revenues disappoint

German car and truck maker Daimler's second quarter revenues fell short of expectations, indicating that demand for cars in emerging markets may be starting to cool.

S&P sees 2nd Greek debt haircut, new downgrade: report

A new and bigger restructuring of Greek debt is likely within the next two years, an official from credit ratings agency Standard & Poor's said on Tuesday, adding a further downgrade of Greece's sovereign debt rating was pretty certain.

Traumatized Norway tries to return to normality

A Norwegian cabinet minister will make a symbolic return on Wednesday to her bomb-damaged office as the nation tries to restore some normality after the massacre by a right-winger whose lawyer believes is insane.

Reid's debt plan could speed wireless auctions

Efforts to give U.S. regulators the authority to auction off some television airwaves for mobile broadband use are getting a boost in a debt ceiling plan proposed by Senate Majority Leader Harry Reid.

BP and Phibro join Q2 oil market losers

Global giant BP and trading house Phibro joined the list of market titans wrong-footed by last quarter's oil volatility, while Deutsche Bank emerged with record commodity earnings.

Activists come of age at Oscars for hackers

The computer hacking community is gearing up for its own version of the annual Oscars, with two notorious hacktivist groups and industry heavyweight WikiLeaks among those vying for the top award.

Economic jitters threaten holiday chip cheer

Makers of chips for TVs, game consoles and other consumer electronics aren't expecting much for Christmas, but insatiable demand for high-end gadgets like Apple's iPad will likely deliver some cheer.

Patents take spotlight as Kodak posts losses

Eastman Kodak Co posted another loss as the once-iconic photography company faced high raw material costs and struggled to shift its focus from film toward digital cameras and printers.

Amazon revenue, spending surges

Amazon.com Inc will use its surging revenue to boost growth and drive expansion into areas such as Web content and cloud computing rather than boost its margins.

Walmart Express hits Chicago

Wal-Mart Stores Inc is opening its first small store in Chicago this week in the first true test of a store format the world's largest retailer hopes will let it penetrate urban markets that it so far has had trouble cracking.

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