IBT Staff Reporter

68131-68160 (out of 154953)

Old surgeon escaped small plane crash

Antenor Velazco, a 63-year-old orthopedic surgeon on his way to obtain his pilot license, barely eloped from his plane before it exploded into flames Tuesday afternoon.

Consumers spend less, recovery seen on horizon

Consumers have not pulled back aggressively despite the recent slowdown in the economy, retail sales data showed on Tuesday, and falling gasoline prices should support growth in the months ahead.

Bernanke warns of crisis if debt limit not raised

Federal Reserve Chairman Ben Bernanke warned on Tuesday that a failure to lift the government's $14.3 trillion debt ceiling risks a potentially disastrous loss of confidence in America's creditworthiness.

AMD launches new chips, challenges Intel

Advanced Micro Devices, nearing half a year without a chief executive, is launching new processors aimed at mainstream personal computers and challenging rivals Intel and Nvidia.

Wall Street rebounds in oversold market

Stocks posted their biggest gains in nearly two months on Tuesday as retail sales figures allayed fears over the economy that had driven a six-week slump in the market.

iPhone 5 delayed? Apple may be slowing down in the mobile market race

The release of the white iPhone 4 last month and today's news of the unlocked iPhone 4 are signs that the iPhone 5 may be released even later than expected. The shrinking sales of the iPhone compared to the explosion in sales of Android smartphones sales may threaten Apple's position as a leading seller in the mobile market, even with iOS 5 and iCloud.

After RIM warning, all eyes on new product outlook

Ever since Research In Motion warned about its quarterly results a month ago, investors have wanted to find out what the BlackBerry maker is doing to save its current quarter as it struggles to roll out competitive new products.

Hackers break into Senate computers

The Senate's website was hacked over the weekend, leading to a review of all of its websites, in the latest embarrassing breach of security to hit a major U.S.-based institution.

JPMorgan dismisses mortgage head Lowman

JPMorgan Chase & Co has pushed out its head of home lending, David Lowman, who had been sidelined in February after the bank racked up billions of dollars in losses on mortgages and became mired in litigation over foreclosures.

Bernanke says debt limit battle risks crisis

Federal Reserve Chairman Ben Bernanke warned on Tuesday that a failure to lift the government's $14.3 trillion debt ceiling risks a potentially disastrous loss of confidence in America's creditworthiness.

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