IBT Staff Reporter

63121-63150 (out of 154947)

Boehner weighs balanced-budget amendment

House of Representatives Speaker John Boehner told fellow Republicans on Sunday that he is considering a balanced-budget amendment to the Constitution as part of a bill that would raise the debt ceiling, a source who heard his message said.

Companies churn out profits but not jobs

The sluggish pace of hiring may be hobbling the U.S. economy, but it's not been holding back big U.S. companies' profits thanks to growth overseas and cost controls at home. And that's bad news for the more than 14 million Americans without jobs.

Analysts view: A Sunday debt deal looks less likely

House of Representatives Speaker John Boehner on Sunday told his fellow Republicans that there is a path to cut U.S. spending and raise the debt ceiling, but it will require his party to accept sacrifices, according to two sources who heard his message.

"Captain America" shoots down "Harry Potter"

Superhero movie "Captain America: The First Avenger" triumphed at the U.S. and Canadian box offices with $65.8 million in weekend ticket sales as the magic faded from the final "Harry Potter" film's record-breaking debut.

Norway mourns victims of anti-Islam "Crusader"

Norway mourned on Sunday 93 people killed in a shooting spree and car bombing by a Norwegian who saw his attacks as "atrocious, but necessary" to defeat liberal immigration policies and the spread of Islam.

Amy Winehouse family pleads for "privacy and space"

The family of Amy Winehouse sought "privacy" from the public eye on Sunday, one day after the young, beehive-haired soul singer's untimely death, which sent fans rushing to download her songs in remembrance.

China, Counterfeit Haven Creates Fake Apple Store and More [PHOTOS]

The recent revelation of fake Apple stores located in the southwestern Chinese city of Kunming,Yunnan highlights its infringing patents and copyrights culture. Visitors are fooled by elaborately constructed replicas of commercial products in China known as a counterfeit haven.

Timeline: How the debt talks spiraled into crisis

With financial markets on edge, White House officials and Republican leaders scrambled to reassure them that the United States will avert default and lift its $14.3 trillion borrowing limit before August 2.

Officials scramble for debt deal, markets on edge

President Barack Obama and congressional leaders struggled on Sunday to break a partisan deadlock on a budget deal to avoid a U.S. debt default and reassure global markets, with no sign of a deal emerging.

Analysis: Companies churn out profits but jobs don't follow

The sluggish pace of hiring may be hobbling the economy, but it's not been holding back big U.S. companies' profits thanks to growth overseas and cost controls at home. And that's bad news for the more than 14 million Americans without jobs.

Wall St Week Ahead: Markets edgy on debt talk stalemate

Much of the United States may be frying in near-record temperatures but Wall Street has been feeling the heat for months. Wrangling over the debt ceiling has kept markets on edge, and investors are still waiting for a breakthrough that leads to a deal to avoid a devastating default.

HTC Ruby image leaked

HTC seems to be capitalizing on the delay of the launch of iPhone 5 in the smartphone market pretty well. Some leaked images in Flickr and Yahoo photo sharing website suggests that HTC is working on a new phone Ruby.

Feeling the heat on U.S. debt, earnings

New York City may be frying in near record temperatures but Wall Street has been feeling the heat for months. Wrangling over the U.S. debt ceiling and questions marks over corporate earnings mean markets are unlikely to get a break any time soon.

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