IBT Staff Reporter

68821-68850 (out of 154947)

Europe eyes private sector role in Greek debt deal

The euro zone edged closer on Wednesday to a compromise on a second Greek bailout package under which private creditors would be asked to swap their sovereign debt holdings for bonds with longer maturities.

Forrester analyst questions Groupon IPO valuation

Groupon Inc, the largest online coupon company, may be worth billions of dollars less than its recent initial public offering filing suggests, e-commerce analyst Sucharita Mulpuru estimated on Wednesday.

After Holding Fire, First Democrat Calls for Weiner Resignation

Democratic leaders and the rank and file had been holding their fire pending the start of an ethics investigations but Pennsylvania Rep. Allyson Schwartz became the first in her party to openly call for the resignation of colleague Rep. Anthony Weiner, D-NY on the heels of an online sex scandal.

Belmont Stakes: Can anyone upset Animal Kingdom?

The third race in thoroughbred horse racing's Triple Crown, the Belmont Stakes, seems to be Animal Kingdom's race. But several spoilers will be running the 1 1/2-mile race against him on Saturday, including Preakness winner Shackleford.

Facebook gives regulators info on facial recognition

Facebook is providing European regulators with information about its use of facial recognition technology, in response to concerns about the company's roll-out of the technology's availability outside of the United States.

RIM buys social gaming company Scoreloop

BlackBerry maker Research In Motion bought social gaming company Scoreloop to help expand its Messenger application, challenged by this week's launch of a similar instant messaging offering from Apple.

Bob Dylan: a rare glimpse circa 1970

Brad Elterman has been photographing celebrities for over 30 years, most notably, Bob Dylan. Over the years, Elterman's camera has captured celebrities in some of Hollywood's most rare an intimates settings.

Sprint reduces voting rights in Clearwire

Sprint Nextel reduced its voting rights in Clearwire Corp to 49.8 percent from 54 percent, potentially giving it more flexibility to raise new debt or refinance existing debt.

Apple supplier Hon Hai seeks hi-tech future

Hon Hai Precision Industry, Apple Inc's biggest manufacturing partner, is seeking to transform itself into a technology firm and leave behind the low-margin contract business that has made it one of the world's biggest makers of other firms' products with revenues expected to top $101 billion this year.

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