IBT Staff Reporter

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DDoS Attacks Grow In Sophistication

In the wake of the attacks by the hacker collective Anonymous on Sony and on Livejournal, more attention has been focused on just what such attacks mean and how to defend against them.

Late budget deal avoids costly shutdown

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers.

Obama, Congress make budget deal, avert shutdown

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday, narrowly averting a government shutdown that would have idled hundreds of thousands of federal workers.

SEC sues ex-Zwirn fund CFO for cash transfers

U.S. market regulators on Friday sued the former chief financial officer of a multibillion-dollar hedge fund founded by Daniel Zwirn, accusing him of improperly transferring $870 million between the fund's accounts.

Google seals ITA deal but antitrust review looms

The Justice Department approved Google Inc's purchase of ITA Software with stiff conditions on Friday, and left the door open to a larger probe into whether Google manipulates search results to hurt rivals.

Google's Page makes first changes to management

Google Inc CEO Larry Page streamlined decision-making in six key product groups, including social networking and mobile, as the Internet search giant revs up efforts to compete with Facebook and Apple Inc.

Shutdown Hours Away: Obama, Boehner Talk but No Deal

President Barack Obama and House Speaker John Boehner spoke for several minutes without reaching a resolution early Friday evening, a Republican aide said extending a day of delay on averting a federal shutdown by midnight.

House rejects FCC's 'open' Internet rules

The House of Representatives voted on Friday to reject Internet neutrality rules that were adopted last year to keep big Internet service providers from blocking certain traffic

Will corporate earnings justify gains?

Investors will look to corporate profits and outlooks next week for confirmation the S&P 500 has another leg to its rally as the earnings season gets under way.

Trash, astronauts caught up in budget fight

Trash could pile up in the streets of the capital, the Statue of Liberty will close and astronauts will stay home if the Congress fails to reach a budget deal and the government shuts down.

View from editors in the Americas

U.S. BUDGET CRISISDemocrats and Republicans will have to deal with the fallout from the past week's bitter partisan budget brinkmanship, regardless of whether it drives the federal government to shut down. We will assess who lost most from the crisis, with a Reuters/IPSOS poll on Tuesday. We will also feature an in-depth look at the performance of Republican House Speaker John Boehner, who had to...

Market falls in late sell-off, volume light

U.S. stocks fell late on Friday as a spike in oil prices revived worries that inflation would derail the recovery, jolting a market that had been treading water ahead of corporate earnings.

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