IBT Staff Reporter

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FedEx profit jumps, expects robust 2012

FedEx Corp's quarterly profit and outlook beat forecasts as higher shipping rates and tight cost controls more than offset a slowing economic recovery and high fuel prices.

Iconic H&H Bagels on W. 80th St. to Close

The H&H Bagels store located on West 80th St. and Broadway will reportedly close. The iconic bagel store, which opened in 1972, has been featured on the television shows Seinfeld and Friends.

For Mets, the future hangs in the balance right now

A fire sale could stock the Mets' larder to the point of being overstuffed. It would also empty the seats at Citi Field even further this season, in a year with already poor attendance and dwindling revenue. So will the Mets be buyers or sellers?

Pressure stays on Greeks to avoid default

Europe kept up the pressure on Greece to push forward with a painful austerity program on Wednesday after the government jumped a crucial hurdle in averting the euro zone's first debt default.

Google eyeing further display ad acquisitions

Google will buy more companies to boost its presence in the booming online display ad sector in a challenge to Facebook, even as European regulators examine its dominant web search position.

Wall Street edges higher ahead of Fed statement

Stocks edged higher on Wednesday after an upbeat outlook from FedEx as investors awaited the Federal Reserve's assessment of the economy and any clues about plans for dealing with recent weakness.

Fete de la Musique brings light back to Vancouver’s spirits

On June 21, starting at dusk, over 150 musicians featured performances along Water Street in Gastown. Every kind of music was heard - from jazz, classical, and acoustic to heavy metal, indie and pop. Founded in France in 1982, throughout the years Fete de la Mausique has become an international musical festival celebrated in Canada, the USA, Germany, Italy, Egypt, Syria, Morocco, Australia, Vietnam, Congo, Cameroon, Fiji, Colombia, Chile, Nepal, and Japan.

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