IBT Staff Reporter

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Instant view: Jobs growth slows in June

U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dampening hopes the economy was on the cusp of regaining momentum after stumbling in recent months.
Jul 08, 2011

Analysis: Dismal job numbers give off recession whiff

U.S. job growth in June essentially ground to a halt for a second month running, suggesting a sharp first half slowdown is not merely a blip, as Wall Street economists and Federal Reserve officials had hoped.
Jul 08, 2011

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.
Jul 08, 2011

Jaycee Dugard Kidnapper Says Last 18 Years Is A Wonderful warm-hearted story

Garrido was sentenced to 431 years in jail and his wife, Nancy was sentenced for 36 to life as reported by the Sunday Times of London. A local radio station spoke to Garrido from his jail cell and reported that hopes people will acknowledge what a wonderful warm-hearted story the last 18 years have been.
Jul 08, 2011

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.
Jul 08, 2011

Google to cooperate in antitrust review: Schmidt

Google Inc will cooperate fully with U.S. antitrust regulators but will not let the formal probe launched last month distract or disrupt its strategy, executive chairman Eric Schmidt said.
Jul 08, 2011

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.
Jul 08, 2011

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.
Jul 08, 2011

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.
Jul 08, 2011

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.
Jul 08, 2011

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.
Jul 08, 2011

Wall St slides as June jobs data disappoints

Stocks dropped on Friday after weak jobs growth in June dented hopes the economy was emerging from a temporary soft patch, casting doubt on a recent strong run in equity markets.
Jul 08, 2011

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.
Jul 08, 2011

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.
Jul 08, 2011

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.
Jul 08, 2011

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.
Jul 08, 2011

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