IBT Staff Reporter

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Stocks futures up ahead of Greece vote

Stock index futures rose on Wednesday, putting Wall Street on track for a third day of gains as optimism grew that Greece's parliament would pass an austerity plan critical to avoiding a debt default.
Jun 29, 2011

Stocks futures rise after 2-day rally

Stock index futures rose on Wednesday, putting Wall Street on track for a third day of gains as optimism grew that Greece's parliament would pass an austerity plan critical to avoiding a debt default.
Jun 29, 2011

HP to develop cloud products in China

Hewlett-Packard Co, the world's No.1 PC maker, is investing heavily in China and plans to develop cloud-computing products here to sell globally, Chief Executive Leo Apotheker said.
Jun 29, 2011

Sony to reshuffle games unit management after hacking

Sony Corp's second-in-command, Kazuo Hirai, will relinquish day-to-day control of the company's videogames unit in September, making way for a Welsh-born Sony veteran just months after hackers launched a massive attack against the electronics giant.
Jun 29, 2011

Can the Internet help you lose weight?

NEW YORK (Reuters Life!) - People tend to lose a little more weight with online help than with traditional weight loss programs, a Japanese study said -- but combining the Internet with in-person contact appears to be the most effective in keeping extra kilograms at bay.
Jun 29, 2011

Stock index futures rise ahead of Greek vote

Stock index futures pointed to gains for Wall Street for the third session in a row on Wednesday, ahead of a Greek parliamentary vote on austerity measures which is expected to be passed in order to avert a default for the highly indebted country.
Jun 29, 2011

Psst...China stocks at mercy of rumors

The accounting troubles and short-selling attacks hitting China-based companies are creating fertile ground for the rumor mill to flourish, with some shares hammered by chatter rather than actual evidence.
Jun 29, 2011

Chances rise Greek austerity plan to pass in vote

Greece's parliament holds a crucial vote on Wednesday on whether to submit the country to unpopular austerity measures demanded as the price for funds to prevent the euro zone's first sovereign default.
Jun 29, 2011

iOS more secured than Android: Symantec

According to the latest report issued by Symantec on comparing the security level of iOS and Android operating system, iOS is less vulnerable than Android.
Jun 29, 2011

SEC to propose conduct rules for swap dealers

Securities regulators are poised on Wednesday to propose rules for how swap dealers interact with their customers, in a move designed to manage risk and protect clients from abusive practices.
Jun 29, 2011

Italian Consulate worker and wife accused of slave labor

A worker of the Italian Consulate and his wife have been accused of holding a Brazilian woman as a slave in their San Francisco home. They promised of a better life to the women but instead kept her as an indentured servant.
Jun 29, 2011

India sought to join IMF Lagarde consensus

India supported France's Christine Lagarde as the International Monetary Fund's next leader because it wanted to be part of the consensus that was forming around her, Indian Finance Minster Pranab Mukherjee said on Tuesday.
Jun 29, 2011

Japan May factory output jumps by most in nearly 60 years

Japanese factory output jumped by the most in almost 60 years in May as manufacturers restore supply chains damaged by the massive earthquake and tsunami in March, the latest evidence the economy is headed for a V-shaped recovery from the disaster.
Jun 29, 2011

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