IBT Staff Reporter

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Anthony Weiner to be on HBO hit Entourage

Executive producer Doug Ellin has recently reached out to ex-congressman Anthony Weiner to make a cameo appearance on the hit HBO television series Entourage, E! News reports.
Jun 17, 2011

Biggest banks may face stiffer capital surcharge

The world's biggest banks face a capital surcharge of up to three percent in a bid to keep taxpayers off the hook next time a lender gets into difficulty, Bundesbank and industry officials said on Friday.
Jun 17, 2011

Analysis: Cyber raids fuel calls for training, monitoring

Employers rushing to boost cyber defences after a rash of U.S. online break-ins won't block spies and thieves by simply throwing technology at the problem, since their core weakness is often badly-trained and -managed workers.
Jun 17, 2011

Washington's First CIO, Vivek Kundra to Resign in Mid August

The United States' first chief information officer (CIO) Vivek Kundra, 36, will resign and leave the Obama administration in middle of August, according to the White House. After resignation he plans to take on a fellowship post at Harvard University.
Jun 17, 2011

Summer 2011 Event Schedule: Manhattan, New York

They say that the city empties out in the summer, but for those ready to brave the heat, there are countless (mostly free!) events, concerts, exhibits and festivals to make it worth your while.
Jun 17, 2011

Hackers strike Malaysian websites for a second day

Hackers struck Malaysian websites for a second day on Friday, an Internet regulator said, as the country scrambled to bring its government portal back online after the latest outbreak in a cyberwar waged by online activists.
Jun 17, 2011

France warns G20 farm deal far from guaranteed

A deal on steps to curb food price volatility between G20 agriculture ministers next week is reachable but far from guaranteed, French Farm Minister Bruno Le Maire said on Friday.
Jun 17, 2011

Wall Street rises as Greece debt plan hinted

Stocks jumped at the open on Friday after French President Nicolas Sarkozy hinted at a deal to resolve the Greek debt crisis that has hampered equities and worried investors over a possible credit dry-up.
Jun 17, 2011

RIM shares plummet on weak results, outlook

Shares of Research In Motion Ltd fell more than 15 percent in pre-market trade on Friday, a day after the Blackberry maker posted weak quarterly results and outlook, prompting two analysts to downgrade the stock and several others to cut their price targets.
Jun 17, 2011

SEC could file civil charges against some raters: report

U.S. regulators could file civil fraud charges against some credit rating agencies, and settle with more Wall Street banks, for their role in developing mortgage-bond deals that helped trigger the financial crisis, the Wall Street Journal reported, citing people familiar with the matter.
Jun 17, 2011

RIM Challenged, Shares Sink Sharply

As competition heats up, Canadian telecommunication company Research in Motion (RIM) is fast losing its standing in the highly competitive mobile market.
Jun 17, 2011

Stock futures rise after Sarkozy comments on Greece

Stock index futures rose on Friday after French President Nicolas Sarkozy hinted at a deal to resolve the Greek debt crisis, which has hampered equities and worried investors over a possible credit dry-up.
Jun 17, 2011

Leonard Green, CVC to submit bid for BJ's Wholesale

Private equity firm Leonard Green & Partners said it has teamed up with CVC Capital Partners to submit a proposal to buy BJ's Wholesale Club Inc , the latest in a flurry of deal activity in discount retail.
Jun 17, 2011

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