IBT Staff Reporter

63031-63060 (out of 154952)

Wall St declines as debt talks stall

Stocks fell on Monday as continued political sparring in Washington over the debt ceiling heightened worries of a U.S. rating downgrade, sending world equities lower.

Justin Timberlake is On a Role...As the Leading Man in 'In Time' Movie

Justin Timberlake is on a role...many, many roles! The former boy band-er has had a successful music career with N'Sync and later rose to even higher fame with his solo hits. However, its been a little while since we heard a tune from Timberlake, because he has been serenading us as an actor in more than one film this year. He stared in "Bad Teacher" with Cameron Diaz and Jason Segal which was released early this summer. The hit comedy "Friends with Benefits" co-staring Mila Kunis...

GE moving top X-ray executives to China

General Electric Co is moving its global X-ray headquarters to China from the United States as part of the largest U.S. conglomerate's overall drive to boost its presence in big emerging markets.

RIM to cut 11 percent of workforce

BlackBerry maker Research In Motion Ltd plans to cut about 11 percent of its workforce to slash costs as it struggles to compete against Apple Inc and Google Inc.

Pandora Media gets thumbs-up from two brokerages

Two brokerages started coverage on Pandora Media Inc with positive ratings citing its exciting long-term growth opportunity, given the growth in Internet radio and the ongoing shift of advertising dollars to the Web and mobile environments.

Kimberly-Clark tops view

Kimberly-Clark Corp said 2011 earnings could come in toward the low end of its forecast, even as it topped Wall Street's second-quarter expectations, as the maker of Kleenex tissues deals with higher prices for oil-based materials.

Clinton seeks to reassure Asia on U.S. debt

Secretary of State Hillary Clinton sought to reassure Asian investors over U.S. debt worries Monday, saying she was confident President Obama would ultimately reach a deal with congressional leaders to prevent a catastrophic default.

Parents thank fans at makeshift Winehouse shrine

An autopsy on British singer Amy Winehouse, who was found dead at the weekend, will be carried out Monday, police said, as her parents thanked well-wishers at a makeshift shrine outside the 27-year-old's north London home.

Wall St falls on debt ceiling stalemate

Stocks tumbled on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.

'Breaking Dawn' Cast and Other Celebs Gather at San Diego Comic-Con

The popular Comic Book convention was revisited by several notable stars in San Diego this past weekend. Stars including Justin Timberlake, Steven Spielberg, Amanda Seyfried, and Peter Jackson met a multitude of devoted fans at Comic Con 2011. Among the VIPs at this years convention was the "Twilight" gang promoting the last film in the series: "Breaking Dawn." Kristen Stewart, Taylor Lautner, and Robert Pattinson dish on what to look forward to in the next film out this fall!

RIM to cut 2,000 jobs

Research In Motion Ltd said on Monday it plans to cut about 2,000 jobs, or 11 percent of its workforce, and would explain the financial impact of the cuts when it reports second quarter results on September 15.

Comic-Con 2011 Highlight: Cosplay

One of the major highlights of Comic-Con 2011 is Cosplay or (costume play) as tens of hundreds of people wore costumes and accessories to represent their favorite characters.

Kimberly-Clark tops view, feels input cost pinch

Kimberly-Clark Corp said 2011 earnings could come in toward the low end of its forecast, even as it topped Wall Street's second-quarter expectations, as the maker of Kleenex tissues deals with higher prices for materials such as pulp and polypropylene.

TSX may open lower on U.S. debt concerns

Toronto's main stock index looked set to open lower on Monday, hurt by news of major job cuts at Research In Motion Ltd (RIM.TO: Quote) and an impasse in U.S. debt ceiling talks that fueled worries of a U.S. default.

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