IBT Staff Reporter

66061-66090 (out of 154954)

Google+ Social Network Takes First Step to De-throne Facebook

Google has stepped back into the social network ring with the launch of Google+ (Plus). The new social network hopes to succeed where Google's previous Buzz project failed by creating a more natural way for users to connect. The focus is by first playing it safe through utilizing basic functions of sharing photos, chatting, and meeting friends, and then builds on that with some unique features that rival Facebook's groups and text message blasts.

Maple group expects to spoil LSE vote: source

A Canadian consortium believes it has enough support to stymie the London Stock Exchange's takeover bid for TMX Group , Canada's largest stock market operator, at a shareholder vote on Thursday, a source with the 13-member consortium said.

Summerfest Kicks Off Today!

Summerfest, the world's largest music festival, opens its 10-day run with fireworks, performances, and a multitude of exciting activities.

Lehman files new bankruptcy plan

Lehman Brothers Holdings Inc filed a new $65 billion bankruptcy liquidation plan that it said has won wider support, possibly setting the stage for the end of the biggest bankruptcy in U.S. history.

Pending home sales rise, market still seen weak

Pending sales of existing homes rebounded from a seven-month low in May but demand for mortgages sank last week and the market is still struggling under the weight of a glut of unsold properties.

Big changes to Fed debit card rule seen unlikely

Banks are hoping to win at least a small reprieve from the Federal Reserve on Wednesday when the central bank releases a final proposal cracking down on the fee banks charge retailers when a debit card is used.

Monsanto earnings jump, shares rise

Global agribusiness company Monsanto Co said on Wednesday that net income surged nearly 80 percent in the third quarter due to strong sales in its core seeds and genetic traits businesses.

Gaikai seeks deals as gaming shifts to the cloud

Gaikai, a privately-held cloud gaming firm whose backers include Electronic Arts and Intel Capital, expects to sign deals with major publishers and video game makers, as the market shifts from console-based games to online titles.

Exclusive: Greek bank plan unlikely to trigger CDS

Politicians and bankers are confident that a French proposal for a Greek bailout can be adopted without triggering a pay-out in credit insurance, lifting a key hurdle to a rollover of Greek debt, sources told Reuters.

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