IBT Staff Reporter

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Washington titled 'most socially networked' city

Washington D.C. has emerged on the top of the 'most socially networked' cities of America. Men's Health has put together a list of 100 cities in a study that rates El Paso as the 'least socially networked'.

Japan rebounds after sell-off, lifts others

Japanese stocks rebounded on Wednesday from a major pummeling that some investors thought overdone, lifting equities elsewhere and allowing the yen to dip from a near record high against the dollar.

Brent rebounds on Bahrain, Japan nuclear crisis

Brent crude by as much as $2 to over $110.50 a barrel on Wednesday, rebounding from a three-week low near the start of the session as clashes in the Middle East continued and the Japanese nuclear crisis worsened.

Live status update on reactors at Fukushima nuclear power plants

The following is the known status as of Wednesday afternoon of each of the six reactors at the Fukushima No. 1 nuclear power plant and the four reactors at the Fukushima No. 2 plant, both in Fukushima Prefecture, which were crippled by Friday's magnitude 9.0 earthquake and the ensuing tsunami, according to Kyodo News Agency.

Google Earth releases latest post-earthquake images of Japan

As Japan continues to reel under the after effects of the powerful earthquake that struck the country's Pacific Coast on Friday afternoon, the world still stands aghast at the devastation caused by the quake and the consequent tsunami. As the rescue, rehabilitation and rebuilding efforts start, the country is under severe threat of a nuclear disaster as the plants continue to report explosions and fires.

Fidelity to close Mass. office with 1,100 jobs

Fidelity Investments plans to close an operation in Marlborough, Massachusetts, and move many of the 1,100 jobs there to other New England locations, a spokeswoman for the giant fund firm said.

Foreign firms launch Japan evacuation plans

Foreign firms set up evacuation plans in Tokyo and parts of northern Japan on Tuesday in a bid to distance staff from a quake-crippled nuclear plant while keeping their businesses running.

Senators urge pressure on China over rare earths

Four senators on Tuesday urged President Barack Obama's administration to step up its fight against China's hoarding of critical rare earth elements by blocking funding for Chinese mining projects.

Rare earth price could fall after Japan quake: exec

The aftermath of Japan's disastrous earthquake and tsunami could temporarily ease the rise in rare earth prices, but overall demand is likely to continue to outstrip supply for the next few years, an industry executive said.

Steady Fed sees firmer economy, watchful on oil

The Federal Reserve said on Tuesday the U.S. recovery is gaining traction and inflation pressure from soaring energy costs should be short-lived, allowing it to maintain its heavy support for the economy.

Geithner seeks swift foreclosure pact with banks

A comprehensive settlement between U.S. authorities and banks over alleged mortgage servicing abuses needs to be reached quickly to help the housing market heal, Treasury Secretary Timothy Geithner said on Tuesday.

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