IBT Staff Reporter

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Bay to Breakers’ runners flood to the streets of San Francisco

On a perfect Sunday morning in San Francisco, thousands of runners flooded the streets for the 100th Zazzle Bay to Breakers, the City's largest annual street party. Celebrating its centennial running, the event is known most for its revelers, who often dress in costumes or don't dress at all, rather than the actual competition.

Maple Group proposes C$3.6 bln for TMX

Maple Group Acquisition Corp, a consortium of Canadian banks and pension funds, said its takeover proposal for the TMX Group valued the nation's largest stock market operator at C$3.6 billion.

New York City to root out illegal hotels

Since May 1, New York City has taken action against 15 illegal hotels. Mayor Bloomberg promised the work by city officials to enforce the laws against the illegal hotels to continue, for the improvement of the security and quality of life in New York.

Oil slump vindicates Fed doves

A sharp retreat in oil prices has lent fresh credibility to Federal Reserve officials' predictions that the spike in energy and commodity prices would be a passing phenomenon.

50 things showing the demise of the US economy

Over the past several decades, some very alarming long-term economic trends have developed that are absolutely destroying the economy. Here are 50 hard facts and statistics that show the negative trends in several areas of the economy. If dramatic changes are not made soon, a complete and total economic collapse becomes a possibility

Maple Group offers C$3.6 billion for TMX

Maple Group Acquisition Corp, made up of four of Canada's leading banks and the nation's largest pension fund administrators, said on Sunday it is offering C$3.6 billion to take over the TMX Group.

Strauss-Kahn Charged in Hotel Sex Attack: 'Not Guilty' Plea Expected

Dominique Strauss-Kahn, a leading contender for the French presidency in 2012 and the head of the International Monetary Fund, will plead not guilty at Sunday afternoon arraignment after multiple charges were filed against him after allegations that he sexually attacked a hotel worker Saturday afternoon in New York.

Rome Masters - Nadal Vs Djokovic in Final

Novak Djokovic will resume his rivalry with world number one Rafael Nadal after overcoming the tough challenge posed by British number one Andy Murray to progress to the finals of the Rome Masters.

Japan officials deny asking for Tepco loan waiver

Japanese officials denied on Sunday the government will ask banks to forgive loans to Tokyo Electric Power Co <9501.T> to help it cope with massive compensation claims arising from the crisis at a stricken nuclear power plant.

IMF chief Dominique Strauss-Kahn arrested, questioned over sex assault

Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF) and a possible French presidential candidate, was hauled off the Air France flight about 10 minutes before it was to take off at John F. Kennedy International Airport on Saturday afternoon and turned over to police for questioning in connection with an alleged sexual assault.

Derek Boogaard's Brain to be Donated

The family of Derek Boogaard, a Canadian professional ice hockey left winger who played for the Minnesota Wild, decided to donate his brain to Boston University researchers to study brain disease in athletes.

PSN gameplay back, new password security, apologies

Sony Corp. executive Kazuo Hirai announced on Saturday that the PlayStation Network's PS3 and PS online gameplay services are back online around the world although the PlayStation store will come back online at a later date.

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