IBT Staff Reporter

78061-78090 (out of 154943)

Airbus order surge lifts cash-rich EADS

Airbus parent EADS returned to profit in 2010 and bagged a slew of new aircraft orders, boosting its shares even as airline customers fret about a massive surge in oil prices.

American Eagle CEO to retire

American Eagle Outfitters Inc announced the retirement of its chief executive officer, paving the way for new leadership at an apparel retailer that has seen sales stumble amid heavy discounting.

Brent hits $116 as Libya fighting intensifies

Oil rose by more than $3 on Wednesday to over $116 a barrel as fighting intensified in Libya, and an OPEC delegate said it saw no need to hold an emergency meeting to ease supply fears.

Lawyers to duel at Rajaratnam insider trial in NY

The biggest Wall Street insider trading criminal case in a generation goes to opening statements on Wednesday, when prosecutors and defense lawyers for Galleon Group founder Raj Rajaratnam face off in court.

NPR CEO Resigns After Undercover Video Scandal

The Chairman of the Board of Directors at NPR said on Wednesday that the organization board had accepted the resignation, effective immediately, of chief executive Vivian Schiller as President and CEO.

Portugal bond yield jumps

Portugal's two-year cost of borrowing hit the highest level since it joined the euro in a bond auction on Wednesday, and the government said yields were unsustainable in the long run without Europe-wide action.

Brent hits $115 as Libya fighting intensifies

Oil rose by more than $2 on Wednesday to over $115 a barrel as fighting intensified in Libya, and an OPEC delegate said the group saw no need to hold an emergency meeting to ease supply fears.

Nokia shares up after Symbian sales commitment

Nokia Oyj reinforced its commitment to its legacy Symbian platform on Wednesday, easing concerns it could face an awkward gap until the launch of new products under its planned Microsoft venture.

US stocks open lower as oil weighs

US stocks opened lower in early trade on Wednesday, with S&P 500 Index losing 4.68 points, or 0.35 percent, to trade at 1,317.14 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 24.71 points, or 0.20 percent, to trade at 12,189.67. The Nasdaq Composite Index fell 0.61 percent to trade at 2,750.45.

Young Mexican Ex-Police Chief, Family In U.S., Seek Asylum

A young woman from Mexico who took on the top police chief role last year in a small Mexican border town has fled to the United States with her entire family apparently after receiving death threats and is formally seeking asylum, according to reports.

Toyota bets on emerging markets

Toyota Motor Corp will rely more on emerging markets for sales and launch about 10 new hybrid models under a long-term strategy aimed at nearly doubling profits before 2015, its president said on Wednesday.

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