IBT Staff Reporter

83161-83190 (out of 154943)

Palin defends use of 'blood libel' term

Former Alaska Gov. Sarah Palin defended her use of the term 'blood libel' on Monday, saying she meant what she said when she chided critics for accusing conservative media figures of having played a role in instigating the recent Arizona shootings.

IBM blows past forecasts, services contracts rise

International Business Machines Corp's quarterly profit blew past Wall Street estimates, and a long-hoped-for recovery in its services business raised optimism that global companies were confident enough to spend more on technology.

Comcast wins approval for NBC Universal combination

Comcast Corp will sacrifice day-to-day control of popular video website Hulu as a condition for regulatory approval of its combination with NBC Universal, clearing the way for the deal to close in the next two weeks.

IBM results blow past expectations, services strong

International Business Machines Corp's quarterly profit blew past Wall Street estimates, and a long-hoped-for recovery in its services business raised optimism that global companies were confident enough to spend more on technology.

Apple's holiday quarter outshines Jobs' plight

Blockbuster sales of the iPad and iPhone fueled better-than-expected quarterly results and forecasts from Apple Inc, assuaging investors' fears after CEO Steve Jobs' abrupt decision to take medical leave.

Apple holiday quarter sales shine

Apple Inc reported better-than-expected revenue, fueled by blockbuster holiday sales of the iPhone and iPad that may help ease investor concern about Chief Executive Steve Jobs' decision to take medical leave.

Internet time tied to teen depression symptoms

NEW YORK - Spending time online is normal behavior for teenagers. But too much Internet use by teens -- or too little, for that matter -- might be related to depression, a new study finds.

IBM's profit exceeds expectations, services strong

International Business Machines Corp's stronger-than-expected quarterly profit and a pick-up in technology services contracts raised hopes that global companies were becoming confident enough to spend more on technology.

Apple Posts Record Quarter, Beats Street Estimates

Apple reported another record quarter, with revenue hitting $26.74 billion, above the most optimistic Wall Street estimates of about $25 billion. The iconic technology company posted $6 billion in profit, or $6.43 per share.

Southern California Dec home sales rise from Nov

Home sales in Southern California rose above their seasonal pattern in December from November with a 20.5 percent gain but were down 12.5 percent from a year earlier, reflecting a sluggish jobs market and tight credit, MDA DataQuick said on Tuesday.

Obama admin steps up foreclosure prevention efforts

The Obama administration on Tuesday stepped up efforts to make it easier for struggling homeowners to renegotiate the terms of their mortgage, although it could be more than a year before such efforts pay off.

Apple holiday quarter shines, shares surge

Apple Inc reported better-than-expected results, fueled by blockbuster holiday sales of the iPhone and iPad that may help ease investor concern about Chief Executive Steve Jobs' decision to take medical leave.

Sprint ups fees for smartphone users by $10

Sprint Nextel Corp plans to increase monthly service fees by $10 a month for smartphone customers, edging its prices closer to those of bigger rivals Verizon Wireless and AT&T Inc.

Earnings signal brighter days ahead for brokers

The performance of big online brokers may be improving after a poor 2010 as a trading rebound and a better economic outlook boosted quarterly profits at TD Ameritrade Holding Corp and Charles Schwab Corp .

Citigroup trading drop shows revival obstacles

A steep drop in bond trading revenue pushed Citigroup Inc's fourth-quarter profit far below expectations, casting doubt over Chief Executive Vikram Pandit's claim that the bank had turned the corner.

IBM's profit exceeds expectations, services strong

International Business Machines Corp's stronger-than-expected quarterly profit and a pick-up in technology services contracts raised hopes that global companies were becoming confident enough to spend more on technology.

Tigers keep Galarraga with one-year deal

Detroit Tigers pitcher Armando Galarraga, who missed a perfect game last season because of an umpire's blown call, has agreed to a one-year contract, thus avoiding arbitration, the team said Tuesday.

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