IBT Staff Reporter

66151-66180 (out of 154942)

Campbell Soup to cut jobs, save money

Campbell Soup Co will shed nearly 800 jobs as part of a series of cost cuts, which include exiting the Russian market, automating operations at a factory in Australia and closing one in the United States.

Groupon says India users' data leaked

Groupon Inc's Indian subsidiary SoSasta inadvertently published its users' passwords on the Internet, but the sensitive information was quickly removed after the security breach was discovered last week.

Lagarde wins IMF top job, presses Greece on crisis

French Finance Minister Christine Lagarde on Tuesday clinched the top job at the IMF, keeping the international lender in the hands of a European at a time of growing concern over a possible Greek debt default.

BofA near $8.5 billion settlement on securities

Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from a group of powerful investors that lost money on mortgage-backed securities, a person familiar with the matter said on Tuesday.

India wanted to build IMF consensus around Lagarde

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

States say bank regulator still in their way

The federal regulator of the largest U.S. banks is attempting to maintain too much power to preempt state consumer financial laws and is ignoring the intent of the 2010 financial reform law, state attorneys general complained in a letter released on Tuesday.

Google taps former Microsoft prosecutor amid probe

As Google tries to fend off a U.S. probe of its multibillion-dollar search business, it has been quietly adding to its stable of antitrust advisers, which, Reuters has learned, includes a former Microsoft prosecutor.

Hackers stole $2.7 million from Citi

Citigroup, the third-largest U.S. bank by assets, has told government officials that about 3,400 of the customers whose credit-card information was hacked have suffered about $2.7 million in losses, the Wall Street Journal reported.

Microsoft rolls out Office in the cloud

Microsoft Corp made its biggest move into the mobile, Internet-accessible world of cloud computing on Tuesday, taking the wraps off a revamped online version of its hugely profitable Office software suite.

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