IBT Staff Reporter

76741-76770 (out of 154943)

New home sales plumb record lows, prices stumble

Sales of new homes sank to a record low in February and prices were the weakest in just over seven years, underscoring the housing market's lingering malaise, which could slow the economic recovery.

Raytheon helps U.S. subs stay in touch

The signal sounded like crickets chirping, but the encoded message transmitted from the camp atop the frozen Arctic Ocean was music to the ears of the USS New Hampshire submarine crew.

Oil settles at 2-1/2 year high on Mideast, gasoline

U.S. crude ended at a 2-1/2 year high on Wednesday as Palestinian rocket strikes on Israel escalated Middle East geopolitical risks and U.S. gasoline inventories posted the biggest seasonal decline on record.

Goldman's Blankfein says ex-director broke rules

Goldman Sachs Group Inc chief Lloyd Blankfein told jurors at Raj Rajaratnam's insider trading trial that a former director at Wall Street's most powerful bank violated boardroom confidentiality in discussions with the accused hedge fund manager.

Yahoo revamps Web search

Yahoo Incunveiled a revamped Internet search service on Wednesday that showcases information from movie listings to weather forecasts as users type in a query.

Conoco expanding asset sales; shares rise

ConocoPhillips said it will expand its planned sales of older, higher-cost assets by as much as $10 billion over the next two years, with proceeds earmarked to buy back stock.

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