IBT Staff Reporter

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Scott Boras seeks to sign Jose Reyes

Agent Scott Boras, known for his tough negotiating tactics and for landing large and long-term contracts for baseball players, has been courting New York Mets shortstop Jose Reyes. Agents regularly meet with the clients of other agents, and Reyes has been pursued by agents in the past. But the Mets front office is likely nervous about Boras' activity.

Vatican turns to Internet to stem sexual abuse

The Roman Catholic Church, often accused of dragging its feet on sexual abuse scandals, will turn to the Internet with a new e-learning center to help safeguard children and the victims of molestation.

McCartney says Lennon broke up the Beatles

In a radio interview last week on Absolute Radio, an Internet radio station, Paul McCartney said he, George Harrison and Ringo Starr tried to talk John Lennon out of breaking up the Beatles, but Lennon was adamant.

Oaktree Capital Group files for $100 million IPO

Distressed debt and real estate investor Oaktree Capital Group filed with U.S. regulators to raise up to $100 million in an initial public offering of its class A units, the latest financial firm to seek a public listing.

Greeks protest as revamped government pursues cuts

Thousands of Greeks marched on parliament on Saturday in a show of unabated public anger after Prime Minister George Papandreou reshuffled his cabinet and vowed to push on with a belt-tightening campaign.

13 Facts about Rory McIlroy

The young golfer has the sports world mesmerized after his record-setting round yesterday at the U.S. Open in Bethesda, Md. Here are 13 facts about the right-handed player from Northern Ireland.

Private sector needed in Greek aid deal: Germany

All parties negotiating a new bailout for debt-strapped Greece agree that private creditors should be involved, but the details of how that would happen are still under discussion, Germany's finance minister said.

Newspaper report disputes Sino-Forest timber claims

Toronto-listed Sino-Forest, already under pressure from a short-seller's report alleging theft and fraud, appears to have substantially overstated its forestry holdings in China's Yunnan province, Canada's Globe and Mail newspaper said on Saturday.

LulzSec hacked: “What if we hadn’t told you?”

Hacker group LulzSec released their 1000th tweet statement, so called a manifesto, to its friends and foes providing its rationale for its recent activities, proclaiming that “this is the lulz lizard era, where we do things just because we find it entertaining.”

Hackers might face stiffer sentences in U.S.

Even before a loosely organized group of hackers broke into the CIA's and Senate's public websites, the White House asked for stiffer sentences for breaking into government and private computer networks.

List Of Victims Killed In 9/11 Attacks Grows By 1

A man who died last year of lung disease while inhaling toxic debris when the World Trade Center collapsed has been added to the list of victims killed in the Sept. 11 attacks, the New York City Chief Medical Examiner's office said on Friday.

Wall Street Week Ahead: Line drawn in stocks' battle

The S&P 500's 200-day moving average is the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests next week with Greece's debt crisis appearing to reach a climax.

Facebook helps in retrieving stolen bike

Simon Mulhall, a resident of Banbury in UK, made good use of social networking site Facebook to retrieve his stolen bike. The incident gained wide attention after it was reported by the BBC.

Tepco to request loans from Japanese life insurers: paper

Tokyo Electric Power Co <9501.T> will ask major life insurers, including Nippon Life and Dai-ichi Life <8750.T>, for hundreds of billions of yen in additional loans as it faces big bills in restoring control over a crippled nuclear plant and paying for fuel costs for thermal plants, Japan's Asahi newspaper reported on Saturday.

Why is RIM losing out in the smartphone market?

Research In Motion(RIM) once dominant of smartphone space has seen its shares drop by 20 per cent, taking it to the lowest level in almost five years, as the consumers shift their attention to sleeker phones from competitors like Apple.

Nestle says upward trend in raw materials to persist

Nestle , the world's largest food group, expects the upward trend in raw material prices to persist, and its global operations provide a natural hedge against the strength of the Swiss franc, its chief executive said on Saturday.

What do I do if my flight is delayed or cancelled?

On Friday, United Airlines experienced a major computer systems outage which caused tens of thousands of passengers to be stranded with flights delayed or cancelled, including at San Francisco International Airport (SFO).

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