IBT Staff Reporter

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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

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

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

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

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

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

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

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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