IBT Staff Reporter

86941-86970 (out of 154954)

WikiLeaks diverts to European websites amid U.S. fury

WikiLeaks directed readers to a web address in Switzerland on Friday after two U.S. Internet providers ditched it in the space of two days, and Paris tried to ban French servers from hosting its trove of leaked data.

U.S. plans tough rules for swap dealers

U.S. regulators unveiled plans on Friday that will determine which companies and funds will be forced to hold more cash to trade in the lucrative over-the-counter derivatives market.

Debt plan lacks supermajority

The presidentially appointed commission on the national debt failed today to approve its own plan for tackling the nation’s long-term fiscal problems, but several members called it a victory nonetheless.

Clifford Chance forays into Turkey

Global law firm Clifford Chance plans to foray into the dynamic Turkish market and expand across South Eastern Europe by opening an office in Istanbul.

Jobless rate jump casts cloud on recovery

U.S. employment barely grew in November and the jobless rate unexpectedly hit a seven-month high, hardening views the Federal Reserve would stick to its $600 billion plan to shore up the anemic recovery.

Deficit-cut plan falls short, offers framework

A bold plan to slash the U.S. budget deficit fell short on Friday of winning support needed from a presidential commission to trigger congressional action, but it was expected to help shape future budget debates.

Euro zone pulls ahead, China shifts stance

German strength propelled the recovery of the euro zone's dominant services economy in November, surveys showed on Friday, after China declared a new prudent monetary stance to help regulate its fervent growth.

Factory orders broadly lower in October

New orders received by U.S. factories dropped 0.9 percent to a seasonally adjusted $420 billion in October, a setback for the manufacturing sector as demand declined across a broad array of goods, a government report on Friday showed.

Wall St flat but eyes best week in a month

Stocks were headed for their best week in a month on Friday after a brighter assessment of the economy and a more optimistic view of Europe's debt crisis drove a rally earlier this week.

Retailers try to beat early December lull

From holding private movie screenings to commissioning new holiday music, retailers are getting creative as they try to avoid a sales lull after the Black Friday rush last week.

WikiLeaks founder holds online Q&A session

The founder of the whistle-blowing organization WikiLeaks on Friday held an online question and answer session having in recent days embarrassed the U.S. government by publishing confidential embassy reports.

Greenhouse Gas Worse Than CO2 Discovered

Yearly global emissions of anaesthetic agents can be compared with that of carbon dioxide emissions from one million cars or one coal-fired power plant, says a study.

Traders see no Fed rate hike until 2012

U.S. short-term interest rate futures traders boosted bets the Federal Reserve will wait until mid-2012 before raising rates, after a government report showed the U.S. jobless rate unexpectedly rose in November.

US unemployment edges up

The unemployment rate in the U.S. surprisingly edged up in November after remaining constant for three months, the U.S. Labor Department reported on Friday.

Disparities abound in global economic data

Disparities in the global economy were evident on Friday with weak jobs data underscoring the long road to recovery in the United States while China and Brazil took steps to contain rapid growth.

Big Lots Q3 profit misses Street, cuts Q4 outlook

Close-out retailer Big Lots Inc posted a lower-than expected quarterly profit, and the company cut its outlook for the crucial holiday quarter, in the face of strong competition from rivals, sending its shares down 5 percent in pre-market trade.

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