IBT Staff Reporter

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Verizon iPhone A Win For Apple

The iPhone on Verizon's network will be a big win for Apple, as pent-up demand driven by users who were waiting for an alternative to AT&T drives sales of the iPhone 4.

Twins' bid to void Facebook settlement meets doubt

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to let them out of a $65 million settlement over the founding of online social network Facebook.

Airbus lands record $16 billion IndiGo order

Airbus on Tuesday announced what it called the biggest jet order in commercial aviation history with a $15.6 billion deal to sell 180 planes to Indian budget carrier IndiGo including the first orders for a revamped model.

Republicans and Democrats working on gun control

Lawmakers from both sides of the aisle are calling for new gun-control legislation in the wake of the shootings in Tucson, Arizona last Saturday that left six people dead and 15 injured, including U.S. Rep. Gabrielle Giffords, D-AZ, who remains in critical condition, as do five other victims.

New guilty plea in insider trading case

A former technology analyst with Primary Global Research pleaded guilty on Tuesday to leaking confidential company information to hedge funds, part of the U.S. government's broad insider trading probe.

Facebook-Winklevoss twins case goes to court

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to convince a U.S. appeals court to let them out of a $65 million settlement over the founding of online social network Facebook.

Eurozone to discuss rescue fund capacity on Jan 17

Euro zone finance ministers are likely to consider next week the option of raising the effective lending capacity of the currency bloc's rescue fund as part of efforts to calm sovereign debt markets, euro zone sources said.

Eurozone to discuss rescue fund capacity on January 17

Euro zone finance ministers are likely to consider next week the option of raising the effective lending capacity of the currency bloc's rescue fund as part of efforts to calm sovereign debt markets, euro zone sources said.

Assassins in America

The attempted assassination of U.S. Rep. Gabrielle Giffords, D-AZ, and the murder of six innocent bystanders, at a “meet and greet” with constituents on Jan. 8, was a shocking and tragic event nationwide. Unfortunately, trying to kill American politicians is neither unique nor new.

Companies warily eye new consumer complaint sites

The U.S. government is intensifying its use of consumer complaint websites with two new outlets for customer gripes that have trade groups for manufacturers and financial firms concerned about smear campaigns and lawsuits.

Verizon Wireless to sell $200 iPhone

Verizon Wireless plans to sell Apple Inc's iPhone for as low as $200 starting next month, putting the smartphone at the center of its high-stakes battle with AT&T Inc for wireless customers.

Fed's bond-buying could soon backfire: Plosser

The U.S. Federal Reserve's aggressive bond-buying plan could soon backfire unless the central bank gradually changes course to head off inflation, a top Fed official known for his hawkish stance said on Tuesday.

Two US Fed banks wanted discount rate hike: minutes

Directors of Federal Reserve banks in Dallas and Kansas City again requested, unsuccessfully, a 0.25 percent rise in the rate charged to banks for emergency loans, minutes of Fed meetings in November and December showed on Tuesday.

MySpace lays off nearly half its staff

News Corp's MySpace is laying off nearly half its staff, setting the stage for a sale of the former Internet social networking leader as is it refocuses as an entertainment site.

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