IBT Staff Reporter

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FDA OKs new treatment for large brain aneurysms

The U.S. Food and Drug Administration (FDA) has approved a new treatment system manufactured by Neurovasx Inc. for large brain aneurysms. Maple Grove-based Neurovasx's cPAX Aneurysm Treatment System is for surgery on brain aneurysms that are difficult to manage because of their size and shape.

Dollar at low, world stocks weaker

The dollar sank to a 16-month low against a basket of currencies on Thursday as investors bet U.S. monetary policy would continue to be loose, while a report that Chinese inflation will rise dragged on equities.

Tottenham Hotspur 0-1 Real Madrid - Match Highlights (VIDEO)

Tottenham made a valiant attempt to overturn their first leg deficit of 4-0 on Wednesday, but Real Madrid secured a 1-0 victory via Cristiano Ronaldo's goal at White Hart Lane to go through 5-0 on aggregate, setting up a semi final El Classico with Barcelona.

Ten reasons why BlackBerry PlayBook would lose the tablet war

The BlackBerry PlayBook is to hit stores by April 19. While the new gadget is smaller than most other tablets, especially the iPad 2, it might just remain a good attempt from RIM to get into the tablet war. But the question remains whether it will be a capable player in the market.

U.S. shuts down massive cyber theft ring

U.S. authorities claimed one of their biggest victories against cyber crime as they shut down a ring they said used malicious software to take control of more than 2 million PCs around the world, and may have led to theft of more than $100 million.

Amazon, labels to meet for locker talks: sources

Amazon.com Inc is due to meet with music label executives on Thursday to hash out deals over the online retailer's controversial cloud-based media locker service that has sparked a music business uproar.

Fed, ECB policymakers urge policy normalization

Top U.S. and European central bank officials agreed on Wednesday their institutions must withdraw some of the extraordinary support they provided to help their economies recover from a deep crisis.

Ex-AllianceBernstein worker in NY charged in theft

A former AllianceBernstein Holding LP brokerage worker has been charged with stealing software the company used to transmit messages containing data about customers and transactions, Manhattan District Attorney Cyrus Vance said on Wednesday.

Computer sales dip for first time in two years

Computer sales slid lower in the first three months of this year for the first time since 2009 as shoppers suffered post-holiday shopping fatigue, Apple Inc's iPad continued to attract buyers and Japan focused on recovering from the earthquake and tsunami.

Lehman, creditors agree on plan approval timeline

Lehman Brothers Holdings Inc on Wednesday agreed to put creditors' competing restructuring plans on the same timeline for court approval as its own plan, but reserved the right to raise future objections.

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