IBT Staff Reporter

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Kraft, Starbucks spar over market share losses

Starbucks Corp cannot use market share losses in the grocery coffee aisle as grounds for ending a 12-year-old distribution partnership with Kraft Foods Inc, a Kraft attorney said on Friday.

How to lose weight before wedding

Are you ready for your wedding? Or are you worried to wear your wedding dress because of belly fat and cellulite on your arm? Here, we'll give you some tips to make a 'Dress body line'.

Facebook to unveil financials, raises $1.5 billion

Facebook is preparing to open its books this year or early in 2012 to give investors a glimpse into the financial workings of the world's No. 1 social network, after it sealed an oversubscribed $1.5 billion round of financing led by Goldman Sachs.

Bank of America posts loss on mortgage problems

Bank of America Corp, the largest U.S. bank, reported weaker-than-expected revenue and a second straight quarterly loss after its limping mortgage business triggered writedowns and legal settlements.

Warner Music shares soar on sale talk

A sale of Warner Music Group, whose shares surged nearly 30 percent on Friday on news of the possibility, is not likely to happen until prospective buyers see what happens with EMI Group, its smaller rival whose owners are also exploring strategic options.

Stocks finish mixed

U.S. stocks delivered mixed results Friday, General Electric led the way among blue chip stocks with a stronger-than-expected earnings, while financial sector stocks turned in mixed results.

Bar set high as stocks face pullback

The much anticipated pullback is finally under way, some investors say, after a mid-week wobble. But the market is showing it still has some juice left -- if earnings can meet towering expectations.

Solar energy effort shines on

The Obama administration is forging ahead with its plans to bolster alternative energy sources in the U.S., advancing a loan of $967 million to help build the world’s largest photovoltaic solar generating plant.

GE earnings climb on strengthening global economy

General Electric Co posted a better-than-expected profit, helped by strong emerging-market demand for heavy equipment and setting the stage for what could be a wave of strong manufacturing earnings reports.

What is National Hug Day?

National Hug Day, or National Hugging Day, is an annual holidayoccurring on January 21. It is officially recognized by the United States Patent and Trademark Office. This day is also known asWeltknuddeltag 2011.

Recession 'not over' on Main Street amid job losses, fear

Job losses and fear about what lies ahead persists on Main Street America, despite official pronouncements that the 'Great Recession' ended over a year ago, the head of a U.S. mayors group said this week. The group was in Washington to lobby President Obama and federal officials for billions of dollars in grants and investments.

Apollo flag sells big at auction

American astronaut Neil Armstrong, the first man on the moon, famously characterized the feat as, One small step for a man, one giant leap for mankind.

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