IBT Staff Reporter

79831-79860 (out of 154943)

North Carolina man trained in Pak pleads guilty to 'jihad' charges

Daniel Patrick Boyd, a U.S. citizen and resident of North Carolina, has pleaded guilty in a federal court to charges of conspiracy to provide material support to terrorists and conspiracy to murder, kidnap, maim, and injure persons in a foreign country, the U.S. Department of Justice (DOJ) said.

FDIC sues Ga.-based law firm Smith Welch & Brittain for legal malpractice

The Federal Deposit Insurance Corp. (FDIC) has sued a law firm in Henry County, Georgia, and one of its partners, accusing them of professional negligence, legal malpractice and other misconduct related to multi-million dollar real estate loans that contributed to the 2009 collapse of Neighborhood Community Bank (NCB) in Newman.

Daimler disappoints despite brighter outlook

German carmaker Daimler posted disappointing fourth-quarter earnings on Wednesday, with an upbeat outlook failing to deliver the detail that analysts said was needed to reassure investors.

Housing start s surge in January, permits tumble

U.S. housing starts rose more than expected in January to their highest rate in four months but permits for future home construction dropped sharply after hefty gains the prior month, according to a government report on Wednesday that showed the housing market still bouncing along the bottom.

Bank vs. Non-Bank Battle for Consumers Heats Up

Amid growing competition from non-banks, BB&T bank, which has locations primarily in the southeastern and mid-Atlantic U.S., is now offering a new prepaid checking account which comes with a Visa-branded debit card.

Futures indicate stronger open for Wall Street

Stock index futures pointed to a stronger open for Wall Street on Wednesday, recovering the ground lost in the previous session, on optimism for corporate earnings after forecast-beating results from Dell .

New Gemalto app embeds Facebook on SIM cards

Digital security company Gemalto NV has developed an application that embeds Facebook on SIM cards, letting GSM phone users stay connected on the social networking site even if without data plans.

Gold steadies off 4-week high ahead of U.S. data

Gold steadied on Wednesday ahead of a raft of U.S. data due later, having earlier risen to four-week highs as a retreat in the dollar and concerns over the medium-term inflation outlook helped support the precious metal.

Wall St rises on M&A, Dell earnings

U.S. stocks rose on Wednesday after estimate-beating results from technology bellwether Dell and a deal for Sanofi-Aventis to buy Genzyme for $20.1 billion in cash.

China's microbloggers on new front of Internet

China's Internet controls, under challenge again from Washington, may face an even tougher time from the 125 million Chinese people who have embraced online microblogs to gossip, rant and mobilize.

Producer prices, home construction rise

U.S. core producer prices in January rose to their highest rate in more than two years, hinting at a build up in inflation pressures as the recovery gathers pace, a potentially troubling development for the Federal Reserve.

Housing starts surge in January, permits tumble

U.S. housing starts rose more than expected in January to their highest rate in four months but permits for future home construction dropped sharply after hefty gains the prior month, according to a government report on Wednesday that showed the housing market still bouncing along the bottom.

Skype happy to hire Finnish engineers

Internet telephone service Skype said Nokia's alliance with Microsoft presented an opportunity for the company to tap into Finnish engineering talent looking for new jobs.

Borders files for bankruptcy

Borders Group Inc , the second-largest U.S. bookstore chain, filed for Chapter 11 bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load.

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