IBT Staff Reporter

67321-67350 (out of 154953)

NYC Cab Drivers Protest Bloomberg's Bill Move

This Monday the Steps of City Hall New York staged the protest of hundred of cab drivers opposing the bill proposed by Mayor Bloomberg in Albany. The bill aims at the allowing livery car drivers to pick up passengers in certain parts of New York City, which is currently only legal for yellow cabs.

Jury convicts hedge fund tipster Jiau in just hours

A jury took only 6-1/2 hours to convict former technology company consultant Winifred Jiau of insider trading charges on Monday after a trial that the panel's forewoman described as leaving her in despair about corruption at some hedge funds.

Wall Street loses appeal on hot news lawsuit

A federal appeals court handed a major defeat to Wall Street banks by ruling that an online news service did not misappropriate their stock research by publishing headlines about analyst upgrades and downgrades.

GPS interference alters LightSquared network plans

LightSquared, a telecom start-up backed by Philip Falcone's hedge fund Harbinger, is caving into demands from GPS providers and changing its plans to build a high-speed wireless network to avoid interference problems with GPS services.

Internet body throws open domain names

Good.food, learnto.salsa, glossy.lipstick -- people and companies will be able to set up a website with almost any address by the end of next year if they have a legitimate claim to the domain name and can pay a hefty fee.

RBC looks to U.S. asset management after sale

Royal Bank of Canada will focus on expanding its U.S. asset management business now that it has sold its money-losing U.S. retail banking operations to PNC Financial Services Group Inc for $3.45 billion in cash and stock.

Wal-Mart wins Supreme Court sex-bias ruling

The Supreme Court threw out on Monday a massive class-action sex-discrimination lawsuit against Wal-Mart Stores Inc, the biggest ever such case, in a major victory for the world's largest retailer and for big business in general.

Access to New York Post on iPad Limited to App Only

The New York Post is directing users of iPad's Safari internet browser to download the newspaper's app, which costs $1.99 and requires a subscription after a 30-day free trial. The subscription costs $6.99 for one month, $39.99 for six months or $74.99 for one year.

Europe gives Greece ultimatum: austerity for loans

Euro zone finance ministers gave Greece two weeks from Monday to approve further spending cuts and tax increases in exchange for another 12 billion euros in emergency loans, piling pressure on Athens to get its ragged finances in order.

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