More From IBT Staff Reporter
Sandia Labs Helps Secure Nuclear Fuel in Kazakhstan
One of the ongoing problems with unclear non-proliferation efforts is what to do with nuclear material in the former Soviet Union. A group from Sandia National Laboratories recently completed a project in Kazakhstan, and taking another step towards securing it.
Feb 11, 2011
Nokia and Microsoft join forces in smartphone war
Nokia and Microsoft Corp will team up to build an iPhone rival, the Finnish phonemaker's last-ditch attempt to catch up with Google and Apple and arrest its decline in the global smartphone arena.
Feb 11, 2011
Groupon pulls controversial Tibet Super Bowl ads
LOS ANGELES - Deal-of-the-day website Groupon has pulled its controversial Super Bowl ads that made light of Tibet's oppression against China's Communist regime.
Feb 11, 2011
U.S. sues to block Ambac rehabilitation plan: filing
The Justice Department filed a federal suit over the restructuring of bond insurer Ambac, saying that a state court did not have the power to prevent the federal government from collecting potentially more than $700 million in taxes.
Feb 11, 2011
Obama says Mubarak responded to hunger for change
President Barack Obama said the Egyptian people's voices were heard and President Hosni Mubarak responded to people's hunger for change.
Feb 11, 2011
Market ends up as Mubarak quits
Stocks closed out their second straight week of gains with a rally on Friday sparked after Egyptian President Hosni Mubarak resigned, easing tension around the region for now.
Feb 11, 2011
California Legislator Introduces “Do Not Track” Bill
Congresswoman Jackie Speier (D-Calif.) introduced a bill that would make Do Not Track a law.
Feb 11, 2011
Kinder Morgan shares up 5.2 percent in debut
Shares of Kinder Morgan Inc rose more than 5 percent above their initial public offering price on Friday as investors scooped up stakes in the U.S. pipeline company.
Feb 11, 2011
Rivals respond to wave of exchange deals
Exchanges left out of the flurry of announced takeovers this week said they are considering striking their own deals or looking to take advantage of the distractions, in early signs of ripples through the world's capital markets.
Feb 11, 2011
Markets end second week of gains after Mubarak resigns
U.S. stocks closed out their second straight week of gains on Friday with a rally sparked after Egyptian President Hosni Mubarak resigned, easing tension around the region for now.
Feb 11, 2011
Consumer sentiment hits 8-month high
U.S. consumer sentiment rose to its highest level in eight months in early February, boosted by recent tax cuts and optimism about the economy, a survey released on Friday showed.
Feb 11, 2011
Job training, building upgrades, EPA see biggest cuts in first Republican proposal
While Republican leaders promised to pursue even bigger federal budget cuts on Thursday, an initial proposal from Wednesday shows job training programs, a fund to upgrade federal buildings and the Environmental Protection Agency will see some of the biggest reductions.
Feb 11, 2011
Markets up as Mubarak quits, Kraft down on outlook
U.S. stocks rose on Friday after President Hosni Mubarak resigned, helping clear Egypt's clouded political picture and lifting investor sentiment.
Feb 11, 2011
Bloomberg: NYSE deal means U.S. accounting for all
Merging the iconic New York Stock Exchange with Germany's Deutsche Boerse AG will force European companies to switch to using U.S. accounting rules which have superior disclosures, Mayor Michael Bloomberg said on Friday.
Feb 11, 2011
Conoco ups dividend 20 percent, sets stock buyback
U.S. oil company ConocoPhillips raised its quarterly dividend 20 percent on Friday and said it would buy back $10 billion in shares of its stock, lifting its share price nearly 2 percent.
Feb 11, 2011
Diablo III Still Planned for 2011, Says Blizzard
Announced in 2008, the third title in the Diablo series may finally make its way to consumers this year.
Feb 11, 2011
End of Mubarak era as protests topple president
A furious wave of protest finally swept Egypt's President Hosni Mubarak from power on Friday after 30 years of one-man rule, sparking jubilation on the streets and sending a warning to autocrats across the Arab world and beyond.
Feb 11, 2011
Nokia Workers Walk Out To Protest Micosoft Deal
Workers in several of Nokia's Finnish offices walked out Friday afternoon in protest after the announcement of the strategic alliance between Nokia and Microsoft.
Feb 11, 2011
IBM Will Go To School To Advance Watson Project
The Watson project won't end with Jeopardy! next week as IBM will collaborate with several universities to expand it.
Feb 11, 2011
Instant View: Obama proposes winding down Fannie, Freddie
The Obama administration will propose a wind-down of government-controlled mortgage buyers Fannie Mae and Freddie Mac, according to documents obtained by Reuters.
Feb 11, 2011
Nokia, Microsoft join forces in smartphone war
Nokia and Microsoft Corp will team up to build an iPhone rival, the Finnish phonemaker's last-ditch attempt to catch up with Google and Apple and arrest its decline in the global smartphone arena.
Feb 11, 2011
Wall Street gains on relief at Mubarak's departure
U.S. stocks rose on Friday as the clouded political picture in Egypt cleared somewhat following the resignation of President Hosni Mubarak, lifting investor sentiment.
Feb 11, 2011
Long road ahead for Obama housing overhaul plan
The Obama administration nailed a 'condemned' sign on the wrecked U.S. housing finance system on Friday but did not offer a clear blueprint for a rebuilding project that promises to take years.
Feb 11, 2011
MBA Employment and Salaries move up as recession fades: Alumni Survey
The median base salary for business school alumni in the survey topped US$94,500 in 2010 - well above the pre-recession level of US$89,000 recorded in 2007.
Feb 11, 2011
Who is in Egypt's High Military Council?
Egyptian vice President Omar Suleiman announced on Friday that President Hosni Mubarak had stepped down and was handing over power to the Egypt Supreme Council of Armed Forces.
Feb 11, 2011
All U.S. exchanges now need to consider mergers: CBOE
The U.S. exchanges left out of this week's flurry of announced acquisitions now need to consider whether they, too, should strike a deal, a Chicago Board Options Exchange executive said on Friday.
Feb 11, 2011
Coke Enterprises meets Street; backs outlook
Soft drink bottler Coca-Cola Enterprises Inc reported higher fourth-quarter profit that met Wall Street estimates, helped by higher volume and pricing, and backed its 2011 profit outlook.
Feb 11, 2011
Kinder Morgan shares 6 percent above IPO price
Shares of Kinder Morgan Inc traded more than 6 percent above their initial public offering price in early trading, signaling strong investor appetite for cash flow from the U.S. pipeline company's assets.
Feb 11, 2011
Groupon pulls controversial Super Bowl ad
Groupon decided to pull its series of Super Bowl ads which garnered much controversy.
Feb 11, 2011
Sappi to push for further paper price hikes
South African paper maker Sappi may push for further prices increases later this year as cost pressures threaten a recovery in growth, its chief executive said on Friday.
Feb 11, 2011
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