IBT Staff Reporter

85411-85440 (out of 154943)

Special Report: Inside AIG's tortuous turnaround

During a rainstorm in Washington in early 2009, amid the furor over Wall Street's post-bailout bonuses, an American International Group employee pulled out an umbrella that had the insurer's name on it.

Beckham hopeful on rejoining England

David Beckham admitted that he continues to harbor hopes of playing for the England National team and said that he would try and secure a loan move back to Europe to give himself the best chance.

BP, eight others sued by U.S. govt for Deepwater oil spill

The U.S. Department of Justice (DOJ) has filed a civil lawsuit against energy giant BP Exploration and Production Inc. and eight other companies, accusing them of violating the Clean Water Act and has asked the court to hold them liable without limitation under the Oil Pollution Act for all removal costs and damages caused by the oil spill, including damages to natural resources.

UK campaign to tighten immigration fails to take off

UK campaign to tighten immigration hits a setback, but the Coalition is set on keeping up its election promise. David Coleman, Professor of Demography at Oxford University, asserts that Britain should tighten immigration policy and explains negative effects.

Microsoft says Windows Phone 7 sales realistic

More than 1.5 million cellphones carrying Microsoft Corp's Windows Phone 7 operating software have sold in the first six weeks of launch, meeting what the company called realistic expectations.

BoJ continues to keep interest rates at zero

The Bank of Japan (BoJ) continued to keep interest rates steady between zero and 0.1 percent as the economic recovery seems to be faltering in Japan and the yen grows weaker against the U.S. dollar.

Five indicted in identity theft and tax fraud conspiracy

A federal grand jury has indicted five people in connection with an identity theft and tax fraud conspiracy in the Middle District of Alabama, the Department of Justice (DOJ) and the Internal Revenue Service (IRS) has announced.

Merger action, earnings push stocks higher

Stocks rose on Tuesday as solid earnings and a new flurry of merger action laid the foundation for a steady upward trend in the equities market that investors believe will continue.

News Corp wins EU approval for BSkyB bid

Rupert Murdoch's News Corp has won unconditional approval from the European Commission for its bid to acquire pay-TV operator BSkyB but still faces scrutiny by the British communications watchdog.

Regulators target bankers' cash compensation: report

U.S. regulators may force big financial firms to award half or more of their executive pay in the form of stock or other deferred compensation instead of cash, the Wall Street Journal said, citing people familiar with the situation.

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