IBT Staff Reporter

72511-72540 (out of 154947)

Rajaratnam jury starts 3rd week, re-hears calls

The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.

Sears may move headquarters when incentives expire

Sears Holdings Corp is looking at whether to move its corporate headquarters after the state and local incentives that brought it to Hoffman Estates, Illinois, a northwest Chicago suburb, expire in 2012.

Higher prices boost McDonald's April sales

McDonald's Corp posted a better-than-expected 6 percent global rise in April sales at established restaurants as higher menu prices helped offset rising costs for beef and other ingredients.

Nuance shares jump on Apple news

Shares of Nuance Communications Inc jumped to their highest in more than 15 years after an influential technology blog said Apple Inc might expand its licensing deal with the speech-recognition technology provider.

Going Green: Recycled goes chic

In the recent years go green ideas have skyrocketed. The latest additions to this environmentally conscious trend are the innovative Fire Hose Accessories by designers Elvis & Kresse.

Mississippi River Flooding 2011: Lawbreakers Called Out

Shelby County Sherrif Bill Oldham said on Monday that law enforcement is keeping close watch and will arrest anyone breaking laws amid a difficult time in Memphis, Tennessee as it copes with a flood of historic proportions along the Mississippi river.

LinkedIn IPO price values company at over $3 billion

LinkedIn Corp, the social site for business professionals, is hoping to cash in with investors eager to gobble up shares in social networking companies such as Facebook, with a public debut valuing the company at more than $3 billion.

Oil jumps as bargain hunters buy, gasoline supports

Oil rallied more than 4 percent on Monday, rebounding as last week's record double-digit losses attracted bargain hunters and as equities markets remained stabilized after last week's strong U.S. April jobs report.

Ireland ramps up push for better bailout deal

Ireland warned on Monday it would need more favorable terms to rid itself of its debt troubles and said it was confident of securing a cut in the interest it pays for its EU aid without conceding ground on tax rates.

Hertz makes new Dollar Thrifty bid of $2.1 billion

Hertz Global Holdings Inc fired the latest salvo in a 13-month-long battle for Dollar Thrifty Automotive Group Inc , offering nearly $2.1 billion as it looks to form the No. 2 U.S. car rental firm and bump a stalled bid from Avis Budget Group Inc .

Sysco posts higher results, shares up

Food distributor Sysco Corp reported a higher quarterly profit and revenue, helped mainly by strong demand for its products, sending its shares up 4 percent.

AIG shares hit fresh lows, threaten U.S. losses

Shares in bailed-out insurer American International Group fell to their lowest levels in nearly eight months on Monday, potentially moving them into loss-making territory for the U.S. Treasury.

Wave to pay chipmaker hires IPO banks: sources

Inside Secure, a chipmaker hoping to benefit from technology that allows shoppers to buy goods with the wave of a smartphone, has hired two banks for a Paris flotation, people familiar with the matter said.

Rajaratnam jury starts third week, re-hears calls

The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.

Sysco results beat estimates, shares up

Top U.S. food distributor Sysco Corp reported quarterly results that easily beat analysts' expectations, as demand for its products rose even as it increased prices, sending its shares up as much as 11 percent to a year-high.

Ford F-150 truck probe expands to 2.7 million

U.S. safety regulators said they have expanded to 2.7 million vehicles an investigation into the possibility that straps holding fuel tanks can rust and break on Ford Motor Co F-150 pickup trucks from the 1997-2001 model years.

Paula Abdul confirmed as a judge on “The X Factor”

The Associated Press reported that former American Idol judge, Paula Abdul, has signed on as The X Factor's fourth judge. Abdul will join British singer Cheryl Cole, former Def Jam president L.A. Reid and Cowell on the judging panel.

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