IBT Staff Reporter

64981-65010 (out of 154942)

Wholesale inventories jumped in May

U.S. wholesale inventories rose more than expected in May, the U.S. Commerce Department said on Friday, creating a potential drag on growth in the second half of the year as the job market slows further.

Jobs stall, setting back recovery hopes

U.S. jobs growth ground to a near halt in June, with employers hiring the fewest workers in nine months, frustrating hopes the economy would bounce back quickly from a slowdown in the first half of the year.

Obama: Stalled Debt Talks Hurt Job Growth

In a Rose Garden statement, President Barack Obama Friday said the poor June jobs report was primarily due to the debate in Washington, which has been dominated by issues of debt limit.

Cancer patient saved by first-ever synthetic organ transplant

Surgeons at Karolinska University Hospital in Stockholm, Sweden have carried out the world's first synthetic organ transplant. Scientists in London created an artificial windpipe which was then coated in stem cells from the patient. The unidentified male patient was implanted with a new lab-made windpipe seeded with his own stem cells.

Economists display little interest in ethics code

The world's largest association of economists is considering ethics guidelines after outrage about undisclosed conflicts of interest, but only a handful of its 18,000 members have bothered to offer any input.

As ex-spokesman arrested, Cameron vows press shake-up

Police arrested David Cameron's former spokesman on Friday over the scandal that has shut down Rupert Murdoch's News of the World, forcing the prime minister to defend his judgment while promising sweeping new rules for the British press.

UK's Miliband calls for scrapping of media watchdog

LONDON, July 8 - Opposition leader Ed Miliband dismissed Britain's press watchdog as a toothless poodle on Friday, and said the closure of the News of the World should not let Rupert Murdoch's most senior newspaper executive off the hook.

10 facts about Emma Watson

Emma Watson has starred in the Harry Potter films for over 10 years now, but there is more to the actress than a little wand trickery.

U.S. is not facing double-dip recession: Goolsbee

The U.S. economy is not facing a double-dip recession, but weak job growth is a call to arms for policymakers to take steps to reinvigorate the private sector, a top White House adviser said on Friday.

Morgan Stanley cuts Google on margin worries

Morgan Stanley downgraded Google Inc a notch to equal-weight, saying the search giant's margins will shrink as it undertakes aggressive hiring and ramps up advertising for new products.

Harry Potter and the Deathly Hallows-Part 2: May not be the end after all

What if the premier of Harry Potter and The Deathly Hallows-Part 2 is not the end? What if there are more Harry Potter movies coming? It is my baby and if I want to bring it our to play again I will, JK Rowling told tens of thousands of fans at Trafalgar Square during the premier of Harry Potter and the Deathly Hallows-Part 2.

Wall Street drops, disappointed by jobs data

Stocks dropped on Friday after a weak rise in non-farm payroll jobs in June -- the second month in a row -- dashed hopes the economy was emerging from a temporary soft patch and headed for a rebound.

Deutsche Bank to speed up CEO choice over weekend

Deutsche Bank will come closer to deciding on its next chief executive this weekend when Chairman Clemens Boersig meets key supervisory board members to discuss leadership options, a person familiar with the matter said.

Pages