IBT Staff Reporter

70921-70950 (out of 154947)

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.

IBM overtakes Microsoft's market cap

International Business Machines surged past old rival Microsoft Corp in market value for the first time since April 1996, marking the latest twist in the fluctuating fortunes of two of the world's most important technology companies.

Worst Tornadoes in U.S. history

The monster tornado that tore through Joplin, Mo., on Sunday killed at least 90 people and caused catastrophic damage. How does it rank compared to other tornadoes in U.S. history?

Does the NBA have a steroids problem?

On Sunday, Derrick Rose's comments about the NBA's huge performance enhancing drugs problem became widely published prior to the Chicago Bulls' playoff game against the Miami Heat.

Euro zone debtors under pressure over new risks

Financial markets piled pressure on heavily indebted euro zone countries on Monday as investors worried about heightened risks in Spain and Greece and ratings agencies stoked new concerns over Italy and Belgium.

Yandex raises IPO price in Internet dash

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

Indexes drop over 1 percent on euro debt, demand worry

Stocks fell on Monday, with major indexes falling more than 1 percent, on concerns about the euro-zone debt crisis and a slowdown in global industrial demand, prompting investors to buy more protection against a further market decline.

Christmas Island: Harold Camping's Doomsday Truth Serum

As the clock struck 6 P.M. on May 21st local time, Christmas Island also known as Kiritimati, reported no rapture or other catastrophic events. It began a series of non-events that disproved Harold Camping's long predicted End of Days. The believed rapture is the Biblical belief that Jesus Christ will arrive in a Second Coming to carry the believers up to heaven.

Djokovic, how did he look? Can he beat Nadal?

Novak Djokovic opened his 2011 French Open with a bang, soundly defeating overmatched opponent 6-2, 6-1, 6-3 Thiemo De Bakker on Monday. Djokovic's 38th straight win was impressive, and perhaps an indicator of his form as he prepares for a probable final with Rafael Nadal.

Next Issue Media looks to give the gift of profitability

While a number of publishers have spoken of solutions to growing losses in readership and advertising revenue without widespread success, Next Issue Media is placing a rather large bet on the future. The joint venture, which includes Condé Nast, Hearst, Meredith, News Corp. and Time Inc, has shown to be methodical in its approach to creating its digital product. When Next Issue Media was established nearly 18 months ago, the company provided few details about its business strategy.

Campbell profit beats, but U.S. soup sales fall

Campbell Soup Co reported a higher-than-expected quarterly profit on Monday and forecast full-year results at the top of its range after moving its focus from profit-sapping promotions to advertisements.

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