IBT Staff Reporter

87061-87090 (out of 154943)

Ebay buys local shopping site Milo

EBay Inc has acquired shopping engine Milo.com, underscoring the growing allure of local services even as fellow Internet giant Google ponders buying discount coupon site Groupon.

Deficit-cutting plan advances in uphill climb

Two more lawmakers pledged on Thursday to support a plan to slash the U.S. budget deficit drawn up by the co-chairmen of a presidential commission, but the plan still faced long odds of moving to Congress.

Lawyers exempt from FTC's Red Flags Rule, votes U.S. Senate

The U.S. Senate has unanimously voted for lawyers to be exempted from the Federal Trade Commission's (FTC) Red Flags Rule, which seeks to curb identity theft among credit and financial regulatory agencies through costly and burdensome prevention and detection programs.

Uncle Sam wants you healthy

To promote health and prevent disease, the federal Department of Health and Human Services today unveiled its Healthy People 2020 website, setting out a national health agenda for the next ten years.

RIM buys Swedish firm to improve screen design

Research In Motion has bought Swedish design company The Astonishing Tribe as the BlackBerry maker seeks to enhance the look and functionality of its screens ahead of the launch of its PlayBook tablet.

U.S. manufacturers could face slower 2011 growth

After racking up strong earnings growth in 2010, major U.S. manufacturers are expect to set the stage for a slower-paced 2011 when they meet with analysts and investors to lay out their expectations for the coming year.

Wall St gains as banks, home builders rally

Wall Street rose on Thursday, led by banks and home builders after European lenders decided to continue a liquidity safety net for vulnerable banks and pending home sales data showed an unexpected jump in October.

IBM Unveils New Chip; Heats Up Supercomputer Battle

IBM unveiled a technology that uses pulses of light instead of electrical signals to transfer data between chips, advancing its plans to create a supercomputer capable of one million trillion calculations per second.

October pending home sales show surprise climb

Pending sales of existing U.S. homes unexpectedly surged in October, data from a real estate trade group showed on Thursday, despite concerns that problems in the foreclosure process might curtail activity.

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