IBT Staff Reporter

68251-68280 (out of 154942)

Lehman bondholders delay disclosure hearing

Bondholders of Lehman Brothers Holdings Inc have postponed a hearing on a controversial proposal to force the failed investment bank's creditors to share details about their claims, citing a wave of objections to the plan.

Bank of Japan to mull boosting loans for growth sectors

The Bank of Japan is expected to keep monetary policy on hold on Tuesday but consider ways to funnel more money to firms with growth potential, keeping up efforts to address chronic ills that plague an economy hit by a devastating earthquake in March.

BofA mortgage woes do not crimp capital: analysts

Bank of America Corp will not likely need to raise capital unless it is forced to recognize mortgage losses sooner than expected or is required to boost capital levels faster, a Sanford Bernstein analyst wrote on Monday.

Japan's Tepco compensation plan gets cabinet OK

Japan's cabinet approved a scheme on Tuesday to help Tokyo Electric Power Co compensate those affected by the radiation crisis at its stricken nuclear plant, a step forward in a slow-moving process that has frustrated not only the victims but also investors.

Draft data breach bill requires quick disclosure

Draft legislation is being circulated in Congress that would require firms to make reasonable efforts to secure customers' personal data and to provide quick disclosures in the case of a data breach.

Apple OS X Lion: Good enough to beat Google Chrome OS?

Technology giant Apple Inc.'s new Mac operating system OS X Lion, which was presented at the Worldwide Developers Conference (WWDC) 2011 last week, has roared its way into the hearts of Apple fans but does it have what it takes to beat Google Chrome OS?

Readers jump into classics in publishing venture

Readers will be able to jump from a new adventure series into children's classics Treasure Island and The Wonderful Wizard of Oz in a new digital book initiative launched on Amazon's Kindle on Tuesday.

House Grants Weiner Two-Week Leave

The House of Representatives granted Representative Anthony Weiner's formal request for a two-week leave of absence, as pressure mounted from the nation's highest office for the scandal plauged Democrat to resign, Monday.

Cable and programmers talk mobility at last

Cable programmers and operators are putting aside usually difficult negotiations to solve their most pressing challenge this year: How to make more TV shows mobile without harming their lucrative business.

Goldman balks at time crunch in Lehman probe

Goldman Sachs Group Inc is rejecting accusations that it tried to stall a probe by Lehman Brothers Holdings Inc into whether its descent into bankruptcy was exacerbated by false rumors.

HP shakes up managers, aims at China, India

Hewlett-Packard Co moved a veteran executive onto its board and announced the departure of two senior officers in a major ongoing management shake-up, and put new focus on China and India.

Greece falls to S&P's lowest rated, default warned

Greece became the lowest-rated country in the world according to Standard & Poor's, which downgraded it on Monday and warned that any attempt to restructure the country's debt would be considered a default.

CME to sell Chicago Board of Trade buildings

CME Group Inc plans to sell most of the landmark Chicago Board of Trade building complex and rent rather than own the floor where contracts on corn, cattle and other farm goods are traded.

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