IBT Staff Reporter

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Yandex lifts IPO price in Internet frenzy

Russian Internet company Yandex on Monday raised the price guidance for its Nasdaq initial public offering, responding to strong investor demand after LinkedIn Corp's blowout debut last week.

Dominique Strauss-Kahn Was Trying to Torpedo the Dollar

Aren't you at all curious about who's behind this lynching by media scam? This is an all-out, no-holds-barred, steel-cage, take-down. The big boys save that kind of action for the worst offenders, that is, for the insiders who have broken Omerta or wandered off the reservation. Even Bernie Madoff was allowed to stay in his $7 million Park Avenue penthouse.

Online poker payment processor admits U.S. charges

An Illinois man admitted in federal court on Monday to helping large online poker websites dodge U.S. gambling laws by processing millions of dollars in payments from his home in Costa Rica and lying to banks about the nature of the transactions.

Toshiba to invest $8.5 billion over next three years: report

Japanese electronics products manufacturer Toshiba Corp <6502.T> said it will invest 700 billion yen ($8.57 billion) in environment and energy sectors over the next three years to meet demand from infrastructure projects, business daily Nikkei said.

Can Jose Bautista beat the Yankees?

Jose Bautista of the Toronto Blue Jays is dominating the batting statistics in baseball right now. How can the Yankees pitchers contain him during the upcoming three-game series?

German cloud company Zimory eyes U.S. listing

Zimory GmbH, a Berlin-based cloud computing company, is looking at listing its shares in the United States in 2013, its CEO said, potentially joining a wave of market newcomers in a hot sector that has also sparked a flurry of deals involving some of the biggest technology names.

UCI on Tyler Hamilton (Full Transcript Press Release)

On Sunday, the International Cycling Union (UCI) made a statement rejecting allegations by Lance Armstrong's fomer teammate Tyler Hamilton, who accused Armstrong and UCI of covering up test results from the Tour of Switzerland. Hamilton's statements were made in a special interview on 60 Minutes.

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