IBT Staff Reporter

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U.S. sues big oil traders for 2008 manipulation

Regulators launched one of the biggest ever crackdowns on oil price manipulation on Tuesday, suing two well-known traders and two trading firms owned by Norwegian billionaire John Fredriksen for allegedly making $50 million by squeezing markets in 2008.

OECD sees growth firm, but risks abounding

Global economic recovery is on track, helped by a stronger United States, but threats ranging from high oil prices to European sovereign debt crises could yet combine to create a bout of stagflation, the OECD said on Wednesday.

Five tallest buildings in the world

Take a look at the world's five tallest buildings: Burj Khalifa, Taipei 101, Shanghai World Financial Center, International Commerce Center (Hong Kong) and the Petronas Towers.

Twitter buys TweetDeck, terms undisclosed

Twitter confirmed on Wednesday that it has bought TweetDeck, a popular third-party software application that organizes tweets, the short messages delivered through the online social network.

Giants’ sellout streak: Why it matters to MLB, A’s

The San Francisco Giants and Florida Marlins played last night at AT&T Park in front of their 19th consecutive sellout crowd in 2011. The Giants rank third in the league in average attendance and that is only because AT&T park's capacity is less than where the Phillies and Yankees play.

Paul Ryan's The Facts on Medicare and How to Save It [Video]

The Facts on Medicare and How to save It New House Budget Committee video on Medicare offers clear facts to counter false attacks and advance bold solutionsMay 25, 2011 The House Budget Committee released a video today explaining the real danger our growing debt poses to Medicare, and advancing a plan of action to save this critical health-security program.

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