IBT Staff Reporter

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Republicans, Democrats skeptical of AT&T deal

Lawmakers from both sides of the aisle expressed skepticism on Thursday that AT&T's proposed buy of T-Mobile USA would lead to the consumer benefits that the wireless company has promised.

Top lobbying banks got biggest bailouts: study

The more aggressively a bank lobbied before the financial crisis, the worse its loans performed during the economic downturn -- and the more bailout dollars it received, according to a study published by the National Bureau of Economic Research this week.

Goldman CFO says clients past Levin: analyst

Goldman Sachs believes its clients are largely past the regulatory investigations and accusations that have surrounded the bank, according to an analyst who met its Chief Financial Officer.

Mark Zuckerberg is on kill what you eat diet

The only type of meat billionaire Mark Zuckerberg is eating for now comes from animals he's slaughtered himself. He doesn't want to forget being thankful for what has to die so he can eat.

Microsoft shares rise after Einhorn blasts CEO

Shares of Microsoft Corp climbed as much as 2.3 percent on Thursday after influential hedge fund manager David Einhorn caused a stir on Wall Street by calling on Chief Executive Officer Steve Ballmer to step down.

Swipe as you go with Google's Mobile Wallet

Google unveiled such a system Thursday, and this new payment method allows mobile phones to be swiped like a credit card, allowing goods to be paid for on the spot. This means your phone becomes your wallet.

Intel might make chips based on non-Intel cores

Intel Corp would consider making chips for rivals, but any proposal to use its advanced manufacturing technology to make processors based on a competing architecture would trigger an in-depth discussion.

Clijsters’ departure, disappointing?

Kim Clijsters, the world number two, ended her 2011 French Open early in a disappointing loss to Robin Soderling. Clijsters was recovering from injury and her recovery and participation in the tournament was a surprise to many.

Medvedev: Russia-U.S. Missile Shield Deal Stuck Until 2020

Even as the United States and Russia work to implement a nuclear treaty to reduce their total number of nuclear weapons, Russian President Dmitry Medvedev touched upon the highly sensitive issue of missile defense on Thursday as he met with President Barack Obama at the G8 Summit in France.

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