IBT Staff Reporter

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Anish Kapoor unveils 'Leviathan' at Monumenta

Anish Kapoor is renowned for his monumental idiosyncratic sculpture forms of grandiose proportions, which leave viewers in a state of astonishment, and his current exhibition should be no exception. From May 11 - June 23, Kapoor's 'Leviathan' will be shown in Paris, at Monumenta 2011.

Price hikes boost McDonald's April sales

McDonald's Corp posted a better-than-expected 6 percent rise in April sales at established restaurants, helped by menu price increases that helped offset higher costs for beef and other ingredients.

BBC Equities founder-chairman charged with wire fraud, arrested

John Bravata, the founder and chairman of BBC Equities, LLC, has been arrested at JFK International Airport and charged with wire fraud in connection with his solicitation of investor funds for BBC, which Bravata characterized as a real estate investment fund.

Original Gangster Killers gang member guilty of racketeeting conspiracy, sentenced

United States Attorney Richard S. Hartunian said that Marcel Perry, a/k/a Juxx, a/k/a Jooks, age 23, of Albany, New York, was sentenced on Friday by United States District Court Judge Gary L. Sharpe to 111 months' incarceration (Perry was facing a sentence of 130 months but received 19 months credit for time already served), five years of supervised release following his release from incarceration, and a $100 special assessment.

Detroit-based medical clinic owners convicted of Medicare fraud

Two owners of a fraudulent Detroit-area medical clinic, Martin and Joaquin Tasis, and a man who helped them launder the proceeds of the fraud, Leoncio Alayon, were convicted on Friday by a federal jury in Detroit for their roles in a $9.1 million Medicare fraud scheme, the Departments of Justice and Health and Human Services (HHS) said.

Twitter outings undermine super injunctions

Twitter revelations of alleged attempts by British celebrities to cover up sexual indiscretions show that super injunctions to gag the press are unsustainable, lawyers said on Monday.

OECD indicator flags improved outlook in China, U.S.

The growth outlook in major industrialized nations is diverging with activity improving in North America, China and Russia and moderating in most European countries, the OECD's leading indicator for March showed on Monday.

Oil up over $4, weaker dollar helps

Oil rebounded by more than $4 on Monday, helped by a weaker dollar as the euro strengthened and bargain hunting by traders and investors after Brent crude lost almost $17 last week.

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