IBT Staff Reporter

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Stage Collapses in Ottawa During Bluesfest

The main stage collapsed at Ottawa's Bluesfest Sunday during a Cheap Trick performance after a severe thunderstorm struck the area. It was not raining at the time.
Jul 17, 2011

Allegations against Chinese companies to continue: Fitch

Allegations of fraud and accounting irregularities at Chinese companies are likely to continue for at least the near term and the accusations may hamper the firms' access to funds regardless of the claims' merit, Fitch Ratings said.
Jul 17, 2011

Greenhill profit jumps as investors fret

Boutique financial advisory firm Greenhill & Co posted better-than-expected second-quarter earnings on Sunday, rushing the results out after reports on departures at the firm hit the company's stock.
Jul 17, 2011

Pre-Alzheimer's and Falls Linked: Study

Older people whose brain scans detected signs of brain amyloid but were otherwise healthy had a doubled risk of falling as people without brain amyloid, said a study at the Alzheimer's Association's annual International Conference in Paris Sunday. Brain amyloid foreshadows Alzheimier's disease.
Jul 17, 2011

Validus defends Transatlantic bid

Reinsurer Validus Holdings Ltd defended its $3.25 billion bid for Transatlantic Holdings Inc , saying a deal would create more than $1 billion of earnings power that it could put toward more share repurchases.
Jul 17, 2011

Marching toward a precipice

Treasury bonds could soon lose the privilege of being the only debt securities in the world whose value actually rises on the threat of a ratings downgrade.
Jul 17, 2011

Instant View: London police chief quits in hacking saga

Metropolitan Police Commissioner Paul Stephenson resigned on Sunday following criticism of the handling by police of a phone hacking scandal that has rocked British politics and shaken Rupert Murdoch's News Corp media empire.
Jul 17, 2011

Beckham baby debuts on Facebook

David Beckham took to Facebook on Sunday to introduce to the world his new baby daughter, Harper Seven Beckham, the latest addition to his growing brood.
Jul 17, 2011

UK top cop quits over hacking scandal

Britain's top police chief resigned and the former head of Rupert Murdoch's UK newspaper business was arrested on Sunday over a phone-hacking scandal that is lapping at Prime Minister David Cameron's door.
Jul 17, 2011

Britain's top policeman quits over hacking scandal

Britain's top police chief resigned and the former head of Rupert Murdoch's UK newspaper business was arrested on Sunday over a phone-hacking scandal that is lapping at Prime Minister David Cameron's door.
Jul 17, 2011

Dow Jones panel concerned about hacking scandal

A special committee formed to oversee the integrity of Dow Jones & Co under parent News Corp is very concerned about the British phone hacking scandal that has shaken Rupert Murdoch's media empire.
Jul 17, 2011

Google+ Fan Page on Facebook Says Facebook is Scared to Lose Its Throne

The Google+ (or Google Plus) fan page on Facebook says Facebook bans Google Plus Sponsored ads. A man recently ran an advertisement campaign for his Google+ profile and his account was suspended. Looks like facebook is scared to lose its throne - is Facebook really scared of Google+?
Jul 17, 2011

Top British police chief resigns over hacking scandal

,Britain's senior police chief, Metropolitan Police Commissioner Paul Stephenson, resigned on Sunday over allegations that the police mishandled investigations of phone-hacking by the News of the World newspaper and took money from journalists.
Jul 17, 2011

Germany wants major private contribution to Greece

German Chancellor Angela Merkel said on Sunday she was not aiming for a forced restructuring of Greek sovereign debt, but wanted private sector investors to make a major contribution to a voluntary scheme to rescue Greece.
Jul 17, 2011

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