More From IBT Staff Reporter
FAA to order emergency checks of older 737s
The government will order emergency checks of some Boeing Co 737s for the kind of fatigue cracks that prompted Southwest Airlines Co to ground dozens of planes and cancel hundreds of flights after a hole opened in one of its jets.
Apr 04, 2011
Analysis: Epsilon hacking shows new spear-phishing risks
A data breach involving online marketer Epsilon, whose clients are a Who's Who of major banks and retailers, was only the latest in a string of hacking attacks aimed at getting email records for more thefts, security experts warned on Monday.
Apr 04, 2011
Rajaratnam-Chiesi phone taps spice up trial
The jury in the high-profile Raj Rajaratnam insider trading trial heard plenty of racy language on phone taps on Monday, even though the judge had deleted portions as being too risque.
Apr 04, 2011
Stumbling blocks remain in budget fight
U.S. House of Representatives Speaker John Boehner on Monday blasted Democratic spending-cut proposals as smoke and mirrors, undercutting the notion that progress is being made on a budget deal that would avert a government shutdown.
Apr 04, 2011
Southwest cancels more flights amid inspections
Southwest Airlines Co canceled 70 flights on Monday as it continued to inspect Boeing 737 planes following the emergency landing on Friday of a jet with a hole in its fuselage.
Apr 04, 2011
Lawmakers renew push for rogue websites bill
A bipartisan group of lawmakers from both chambers of Congress on Monday vowed to pass legislation giving the U.S. Justice Department new authority to go after foreign and domestic websites that sell pirated music and movies and counterfeit goods.
Apr 04, 2011
Apple, Android apps in U.S. privacy probe: Pandora
The U.S. is investigating how customer data is used by some popular applications that run on the mobile platforms of Apple Inc and Google Inc.
Apr 04, 2011
U.S. appeals court says Web traffic suits premature
A U.S. federal appeals court threw out challenges to controversial Internet traffic rules adopted in December, saying the complaints were filed too early.
Apr 04, 2011
Instant view: Texas Instruments to buy NatSemi for $6.5 billion
Texas Instruments Inc plans to buy smaller rival National Semiconductor for about $6.5 billion in one of the microchip industry's largest deals in years.
Apr 04, 2011
U.S. lawmakers renew push for rogue websites bill
A bipartisan group of lawmakers from both chambers of Congress on Monday vowed to pass legislation giving the U.S. Justice Department new authority to go after foreign and domestic websites that sell pirated music and movies and counterfeit goods.
Apr 04, 2011
Geithner warns U.S. to hit debt ceiling by May 16
The United States will hit the legal limit on its ability to borrow no later than May 16, Treasury Secretary Timothy Geithner said on Monday, ramping up pressure on Congress to act to avoid a debt default.
Apr 04, 2011
Google's Page presages bolder era; some uneasy
Google Inc's Larry Page is back in charge of the company he founded a decade ago and, while some investors are uneasy about his credentials, they hope he will breathe new life into the Internet search giant.
Apr 04, 2011
Republicans Seek Medicare Phase-Out
A Republican proposal to revamp the U.S. public health system in the 2012 fiscal year budget will include a phase-out of Medicare and would replace it by providing subsidies for private health insurance.
Apr 04, 2011
Appeals Court Hears Case On Breast Cancer Gene Patents
The U.S. Court of Appeals for the Federal Circuit heard arguments today that could decide the future of the biotech industry, in a case over whether genes can be patented.
Apr 04, 2011
McDonald's one-day hiring blitz seen as PR move
Fast-food chain McDonald's Corp , trying to grab positive headlines in an economic recovery still struggling to create living-wage jobs, announced on Monday that it would do all of its spring hiring in one fell swoop.
Apr 04, 2011
Texas Instruments Buys National Semiconductor In $6.5B Deal
Texas Instruments buys National Semiconductor for $6.5 billion; the latter's stock soars in after-hours trading.
Apr 04, 2011
Judge edits racy recordings from Rajaratnam trial
A judge made the high-profile insider trading trial of Galleon Group hedge fund founder Raj Rajaratnam less risque on Monday, deleting portions of phone taps to be heard by the jury.
Apr 04, 2011
Apple and Android apps in privacy probe: Pandora
Online radio service Pandora Media Inc said it has been subpoenaed by a Federal grand jury investigating the use of customer data by certain popular applications that run on mobile platforms of Apple Inc and Google Inc's Android.
Apr 04, 2011
AT&T Increases iPhone Early Upgrade Fees
iPhone upgrade fees have increased by $50, the company confirms.
Apr 04, 2011
SEC probing fraud at U.S.-listed foreign companies
Securities regulators are probing Chinese and other foreign companies with questionable accounting practices that have used backdoor methods to access U.S. capital markets, a top regulator said on Monday.
Apr 04, 2011
S&P closes flat, fails to break through resistance
The S&P 500 met tough resistance on Monday, failing to break a level that has held since mid-February and ending flat even as a spate of deals and underlying strength in the economy spurred optimism.
Apr 04, 2011
Kate Middleton’s childhood house to be sold
Agence French Presse is reporting that Kate Middleton's childhood home is up for sale for approximately 500,000 pounds.
Apr 04, 2011
Martin Luther King III Backs NYC Living Wage Law
Martin Luther King III has entered a local fight for living wages at certain New York City businesses on the anniversary of his father's death, in a push which proponents say can gain steam in other cities across the country.
Apr 04, 2011
Anonymous Says It Will Attack Sony Over PS3 Hacker [VIDEO]
The hacker collective Anonymous has posted a warning to Sony that it plans an attack of some kind as revenge for the legal action taken against another hacker who modified a PlayStation 3.
Apr 04, 2011
GameStop Plans Game Streaming Service, Tablets
Via the service, GameStop will allow Power Up Rewards members to stream games directly to tablet computers like the iPad and Motorola Xoom
Apr 04, 2011
Oil climbs to highest since 2008 on supply concerns
Oil prices rose to their highest since 2008 on Monday, with Brent surging above $121 a barrel as Nigerian election delays and a short-lived strike in Gabon joined a list of geopolitical supply concerns.
Apr 04, 2011
S&P ends flat, fails to break through resistance
The S&P 500 met tough resistance on Monday, failing to break a level that has held since mid-February even as a spate of deals and underlying strength in the economy spurred optimism.
Apr 04, 2011
Arnold Schwarzenegger will be back, as The Governator”
The Hollywood Reporter announced that the ex-governor of California, Arnold Schwarzenegger, announced his return to the big screen Monday saying that a film version of his much-publicized cartoon project The Governator is in the works.
Apr 04, 2011
Stocks ends near flat despite deals
The S&P 500 met tough resistance on Monday, failing to break a level that has held since mid-February even as a spate of deals and underlying strength in the economy spurred optimism.
Apr 04, 2011
Blockbuster auction to decide movie chain's fate
Bidders assembled on Monday for a bankruptcy auction of movie rental chain Blockbuster Inc that will decide the company's next owner and the amount of money available to pay off claims.
Apr 04, 2011
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