IBT Staff Reporter

65941-65970 (out of 154947)

HMV to refocus on gadgets as profits slump

British retailer HMV Group Plc aims to ramp up sales of MP3 players, headphones and tablet computers to offset sliding demand for CDs and DVDs and inspire a recovery from near collapse.

U.S. caught China buying more debt than disclosed

The rules of Treasury auctions may not sound like the stuff of high-stakes diplomacy. But a little-noticed 2009 change in how Washington sells its debt sheds new light on America's delicate balancing act with its biggest creditor, China.

Dangers lurk beyond Greek parliament vote

The Greek parliament was set to approve detailed austerity and privatization bills on Thursday to secure emergency funds and avert imminent bankruptcy, but longer-term dangers still lurk.

Skype introduces video calling for Android phones

Skype, which is being bought by Microsoft for $8.5 billion, introduced a new service on Thursday allowing users of Android phones to make free video calls to Skype contacts, including those on Apple iPhones.

Futures point higher after 3-day rally

Stock index futures pointed to a fourth day of gains for Wall Street on Thursday, the day the Federal Reserve ends its QE2 bond buying program, as optimism that Greece's debt problems are getting resolved helped lift equities from their recent lows.

New Lloyds CEO cuts 15,000 jobs in revival plan

Lloyds will axe 15,000 jobs and halve its international presence, a plan its new boss hopes will save 1.5 billion pounds ($2.4 billion) a year by 2014 and return the part-nationalized British bank back to health.

Trichet flags ECB rate rise with strong vigilance

Jean-Claude Trichet scotched speculation on Thursday that the European Central Bank may delay interest rate rises because of Greece's plight and the contagion threat it poses, saying the bank was in strong vigilance mode.

Britain clears News Corp's Sky deal

News Corp secured British government backing for its buyout of BSkyB on Thursday after the minister responsible rejected complaints the move would give Rupert Murdoch too much power and influence.

Kate Moss prepares for wedding on Friday (PHOTOS)

Supermodel Kate Moss’s wedding with rock guitarist Jamie Hince is just round the corner. This weekend will see the sizzling couple's wedding, which is getting a lot of paparazzi and buzz spilling attention to the couple.

Lloyds to cut 15,000 jobs in strategy revamp

Lloyds unveiled plans to cut 15,000 jobs, reduce costs and sell assets in a strategy review aimed at boosting the fortunes of the bank which had to be part-nationalized during the credit crisis.

First iPhone 4S, then iPhone 3GS freebies, and finally iPhone 5 in 2012

Apple rumors have been keying in on a potential free iPhone 3GS offer after the launching of the highly anticipated iPhone 5 and iPhone 4S. Signing a 2 year contract enables users to pickup a free iPhone 3GS as part of perhaps 2 strategies for Apple. First is clearing inventory and the second is tapping into the low to mid-range smartphone user consumer market.

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