IBT Staff Reporter

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NRC: Make Nuclear Plants Tough Enough For Planes

The U.S. Nuclear Regulatory Commission has approved a proposed rule that says advanced boiling water reactors must be built to withstand aircraft impacts similar to the one that brought down the World Trade Center.

Congress sends tax deal to Obama

Congress passed a compromise deal late Thursday to keep alive Bush era tax cuts for all Americans and continue to provide unemployment benefits for millions of workers, with President Barack Obama set to sign the bill into law.

RIM shares rise after results but doubts linger

Research In Motion's growing reliance on sales outside the United States left many analysts wondering about the BlackBerry maker's competitive edge, even as the company reported decent quarterly results.

New iPhone App: Aim, shoot, translate!

A real-time translating app that magically turns billboard signs and menus, otherwise incomprehensible in a foreign land, into text that you can understand is now available for iPhones.

S&P, Dow dip on Ireland downgrade

The S&P 500 and Dow were slightly lower on Friday on renewed concerns over euro zone debt, but the Nasdaq stayed in positive territory on some positive corporate results in the tech space.

HP says U.S. probing certain transactions in Europe

U.S. authorities have been conducting a probe to find whether current and former employees of Hewlett-Packard Co paid kickbacks in certain transactions spanning several European countries, HP said in a filing.

Employment in most states better than last year

Employment conditions in more than half of U.S. states improved in November from a year earlier, the government reported on Friday, with unemployment rates dropping in 28 states and the District of Columbia.

Science accords world's first Quantum Machine with 'Breakthrough of the Year' title

The world's first 'quantum machine', a device that jiggled in ways explicable only by the weird rules of quantum mechanics, has been recognized as the 2010 breakthrough of the year, Science journal said. Constructing a synthetic genome, sequencing of the Neanderthal genome and unequivocal success of two HIV prevention trials were among the other nine groundbreaking achievements of the year, the magazine said.

North Korea threatens South with 'deadlier attacks' over live-fire drills

North Korea on Friday warned of 'deadlier attacks' if the South decides to go ahead with live-fire drills on Yeonpyeong Island in the Yellow Sea. Officials of the communist state maintained that the attacks this time would be more lethal than that of last month's artillery shelling that killed two South Korean soldiers and two civilians.

Spain bad loan ratio rises to near 15-year high

The bad loans ratio for Spanish banks rose to its highest level in almost 15 years in October, the Bank of Spain said on Friday, as a stagnant economy and high unemployment weighed on debt repayments.

Hero, Honda part ways after 26 years

India's largest two-wheeler maker Hero Group has ended its 26 year old joint venture with the Japanese Honda Motor Co, as the Indian partner agreed to buy out its Japanese counterpart for an undisclosed sum.

Ford Figo voted 2011 Indian Car Of The Year

India's best-selling compact model vehicle, Ford Figo, was awarded the Indian Car of the Year (ICOTY) 2011 title on Thursday. Now in its sixth year, the ICOTY is awarded to a new vehicle after comprehensive testing by a jury of automobile journalists in India.

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