IBT Staff Reporter

67591-67620 (out of 154953)

PNC expected to buy RBC unit: source

PNC Financial Services Group Inc is expected to buy Royal Bank of Canada's U.S. retail bank operations, a source briefed on the situation said on Saturday.

Sega Pass Network hacked, LulzSec defends to spark hacker war

The latest string of corporate hacks now adds video game giant Sega on the victims list. As of today, no hackers have taken responsibility. Emerging hacker group LulzSec posted on its Twitter page, that they will defend Sega and declared war against the unnamed hackers responsible. Interestingly, the LulzSec group, who was responsible for the latest strings of corporate hacks including the PlayStation Network, has claimed no ownership in Sega's breach.

Merkel ally wants private role for Greece now

Private creditors should contribute to a new Greek bailout starting immediately, the head of the Bavarian wing of German Chancellor Angela Merkel's conservatives told magazine Der Spiegel.

Target workers at New York store reject union

Workers at a Target Corp discount store in New York voted to reject union representation in what would have been the first unionized Target store in the country, while union officials vowed to press for another election.

Nook Beats Kindle for the First Time

Barnes & Noble's new Nook ebook reader, named 'Simple Touch Reader', has ranked higher than its rival Amazon's latest Kindle, according to a new Consumer Reports ranking.

Greeks protest, government wins breathing space

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.

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.

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