IBT Staff Reporter

78271-78300 (out of 154947)

Genzyme CEO Termeer to leave with about $160 million

Genzyme Corp Chief Executive Henri Termeer is set to walk away with nearly $160 million when the sale of his company to French drugmaker Sanofi-Aventis is final -- and stands to earn considerably more should Genzyme's multiple sclerosis drug prove as successful as Termeer has predicted.

Wall Street drops as tech teeters

Technology stocks sold off on Monday, with the Nasdaq teetering on a key technical support level as uncertainty over higher oil prices looks set to drive volatility in the days ahead.

U.S. consumer credit rises in January on autos

U.S. consumer credit rose for a fourth straight month in January as households splurged on motor vehicles, further evidence the economy was gaining traction.

Airlines hike fares, surcharges for costly fuel

U.S. airlines are raising fares and rolling out surcharges as runaway fuel prices threaten to eat into profits.

Watch Demi Lovato's video message to fans

The singer, who was recently released from her treatment center, thanked her fans for the support they showed her during the darkest time in her life.

Brent slips, premium to rising U.S. oil drops

Brent crude prices reversed after jumping back above $118 a barrel on Monday, and U.S. oil pared gains after concerns about Libya's conflict and the threat of wider supply disruptions in the Middle East lifted it to the highest level since September 2008.

UBS Prime brokerage head leaves for Bank of America

Bank of America Corp on Monday said that it has named Stuart Hendel, the global head of the prime brokerage business at rival Swiss bank UBS AG , as head of its own global prime brokerage division.

Big Human Genome lupus drug nears market

Human Genome Sciences Inc's lupus drug is poised to win clearance this week, offering patients the first approved treatment option in a half-century and setting the company up for blockbuster sales.

Wall St ends lower, semis slide

Technology stocks sold off after a brokerage downgrade on Monday, leading the market lower, while uncertainty over higher oil prices looked set to drive volatility in the days ahead.

Wells Fargo hiring 1,000 for mid-Atlantic retail

Wells Fargo & Co will by mid-May hire more than 1,000 people for its retail banking operations in the mid-Atlantic region, ahead of a planned fall rebranding of its Wachovia locations.

Wimbledon to serve up 3D broadcasting this year

Proud of its age-old traditions, Wimbledon has embraced the rapid changes in technology in recent years as smoothly as a Roger Federer forehand and now the world's most prestigious tennis tournament is going 3D.

Morgan Stanley cancels all Libya oil trade: source

Wall Street bank Morgan Stanley has stopped trading oil with Libya, a trade source said on Monday, in an early indication that U.S. sanctions could further hit exports from the north African producer.

Adobe CEO Narayen speaks at the Samsung keynote address

Adobe Software Becoming Tablet Friendly

Adobe takes its publishing software into the age of the tablet with its upcoming enterprise publishing suite release.

AT&T Tops Verizon In iPhone Data Speed

A Metrico study says that AT&T has the upper hand in data transfer speeds.

SEC may take administrative route in insider cases

NEW YORK, March 7 - When the Securities and Exchange Commission brought charges against former Goldman Sachs director Rajat Gupta in an administrative proceeding -- rather than in federal court -- it signaled a possible new front in the SEC's pursuit of insider-trading cases.

Boeing starts 787 changes to meet certification goal

Boeing Co said on Monday it began incorporating required changes to its long-delayed 787 Dreamliner to move the program toward certification this year by aviation authorities.

Libyan Internet Shows Signs Of Life

Isolated spikes of Internet activity showed up in Libya over the weekend, according to Google's Transparency Report, but it is intermittent and Libya is still largely cut off from the rest of the world.

Web startups clamp down on trading of their shares

Internet entrepreneur Art Norins was sick of the nonstop phone calls and e-mails from people seeking to buy shares of his company.

Brokers probed for entertaining rating firms

Municipal bond underwriters are under investigation by the Financial Industry Regulatory Authority to see if firms are funding lavish entertainment for rating agency executives as well as public officials from towns and cities, FINRA Chief Executive Richard Ketchum said Monday.

Fed bond buys to be completed as oil on radar: officials

The Federal Reserve's $600 billion bond purchase program will be completed as planned, top Fed officials signaled on Monday, though they saw heightened economic uncertainty from unrest in the Middle East.

Tech shares lead Wall Street lower

Technology shares led U.S. stocks lower after a downgrade of semiconductors on Monday, helping push the sector below a key technical level, which could mean further losses.

Oil pulls back from early rise in volatile trade

Brent crude prices turned lower after pushing back above $118 a barrel on Monday, and U.S. oil pared gains after concerns about Libya's conflict and the threat of wider supply disruptions in the Middle East lifted it to the highest level since September 2008.

Atrinsic says Kazaa users can stream music on phones

Shares of Atrinsic more than doubled after the company said its popular Kazaa digital music service could be accessed without an application, in a move that could help it skirt Apple Inc's plans to take a cut on revenue generated from sale of online subscriptions through its App Store.