IBT Staff Reporter

83611-83640 (out of 154943)

Dimon, Gorman, Moynihan pitch for AIG share sale

Some of the top bankers in the United States flocked to a midtown Manhattan law firm on Thursday to make a pitch for managing what could be one of the largest share sales in history -- a secondary offering of potentially $20 billion for bailed-out insurer AIG.

U.S. again urges North Korea to meet its obligations

U.S. Defence Secretary Robert Gates on Friday held out the possibility of a resumption of six-party talks if North Korea ceases provocations and meets its obligations, but said there was no sign of it changing its ways.

Euro steadier after bounce, global stocks ease

The euro paused on Friday but was still on track to post its best weekly performance against the dollar in 20 months, while Asian equity markets struggled to extend recent gains, with Japan's Nikkei retreating from an 8-month peak.

China defends yuan policy ahead of Hu's U.S. trip

China will not bow to foreign demand for faster gains in the yuan and will stick to its gradualist approach in currency reform, senior officials said on Friday, indicating Chinese President Hu Jintao may push back if President Barack Obama presses him on the issue next week.

Borders close to securing refinancing: report

Bookseller Borders Group Inc told publishers in a meeting it was close to securing refinancing from GE Capital and other lenders, the New York Times reported, citing people familiar with the matter.

Starbucks signs pact to enter India

Starbucks Corp unveiled a deal that sets the stage for the world's largest coffee company to bring its iconic cafes to India, where Western-style coffee shops are increasingly popular.

Intel positive on PC growth in emerging Asia

Intel Corp is positive about growth in PC sales in emerging Asia, particularly in China and India, a top executive said on Friday, a day after the chip heavyweight posted market-beating revenue and margins for the fourth quarter.

Goldman Sachs raises Infosys to 'buy'

Goldman Sachs raised Infosys Technologies to buy from neutral on Friday, saying it believes a drop in the share prices offers an attractive entry point.

India Apr-Dec commodity derivatives trade up 50 pct

Turnover at Indian commodity bourses rose 50 percent to 82.70 trillion rupees ($1.83 trillion) in the first three quaters to December on surging volumes on bullion and metal counters, data from the regulator showed.

Govt ducks big decisions on food inflation

The embattled Congress-led coalition government failed to announce major policy decisions on Thursday to tackle soaring food prices after days of wrangling, taking only minor measures seen as unlikely to make a major impact.

Thousands of Kennedy documents go online

BOSTON (Reuters Life!) - Thousands of documents, photos and even recorded phone conversations of President John F. Kennedy are going online and available to a whole new generation of high-tech armchair historians.

IBM prepares for machine vs man Jeopardy! showdown

Computer history for $400?An IBM computer won the practice round on popular quiz show Jeopardy! against two top contestants, showing artificial intelligence has come a long way in simulating how humans think.

Morgan Stanley's Gorman shakes up management

Morgan Stanley announced on Thursday a number of executive changes across its retail brokerage and fixed-income trading divisions, as Chief Executive James Gorman overhauls the bank's management ranks a year into his tenure.

Euro has best day in six months, U.S. stocks fall

The euro surged on Thursday, taking on renewed vigor after better-than-forecast debt auctions by Spain and Italy and a hawkish rate view from the ECB but weak U.S. jobless claims data weighed on U.S. stocks.

Strong Intel outlook eases longer-term tablet fears

Intel Corp posted better-than expected revenue and margins for the fourth quarter and gave a rosy outlook for early 2011, defying worries about the chipmaker's minor role in the booming smartphone and tablet computer market.

College strained by Loughner's behavior

Jared Lee Loughner's interactions with instructors at his Tucson, Arizona community college were strained throughout 2010, with administrators and instructors reporting disturbing out of context comments, inappropriate expressions, and very hostile behavior which culminated in a suspension, according to school documents.

Pages