More From IBT Staff Reporter
GMAC showed bad faith in Maine foreclosure: judge
A Maine state court judge reprimanded GMAC mortgage over its foreclosure practices and concluded that it submitted a company official's affidavit to support a foreclosure in bad faith.
Oct 01, 2010
Shopper's Diary: Bison Ceramics in Australia
Yet another reason to contemplate a trip to Sydney: the newish Bison Ceramics store, spotted a while back on Decor 8 (with images by Australian photographer Jillian Leiboff).
Oct 01, 2010
10 Easy Pieces: Modern White Cafe Tables
While in Seattle this summer, I made my annual visit to Inform Interiors and spotted the Tom Dixon marble-topped screw table. The table is stunning—a modern industrial take on the cafe table that is at once glamorous and utilitarian, practical yet luxurious. My encounter with the Tom Dixon table inspired me to round up a collection of high and low-priced favorite round tables—perfect for an eat-i...
Oct 01, 2010
Pre-crisis jobs level regained only in 2015 - ILO
Global employment will not recover to pre-crisis levels until 2015 if current policies are pursued, fuelling social tension.
Oct 01, 2010
United, Continental Merger a Big Blow for American Airlines, US Airways
The $3.2 billion merger between United Airlines and Continental Airlines, which creates the world's biggest carrier, could deal a big blow to rival carriers like American Airlines and US Airways as they would find it difficult to match its scale of operation.
Oct 01, 2010
TABLE-Japan jobless rate falls to 5.1 pct in August
Japan's jobless rate fell in August and the availability of jobs improved slightly, indicating
companies are cautiously increasing payrolls.
Oct 01, 2010
BMW recalls 350,000 cars, including Rolls-Royces
BMW is voluntarily recalling 350,000 cars worldwide due to a possible brake problems that the world's biggest premium carmaker said have not caused any accidents.
Oct 01, 2010
GM posts gain amid still-slow auto market
General Motors Co posted an annual sales gain of 10.5 percent in September amid evidence that the U.S. auto market remained stuck in a slow-moving recovery at the start of the fourth quarter.
Oct 01, 2010
Electric cars arrive while posing test for grids
Top automakers finally have electric cars ready to purr into dealer showrooms. Now the question is whether the charging infrastructure and electricity supply are up to the task.
Oct 01, 2010
Luxury carmakers return to records of old
Europe's luxury carmakers fear no double-dip thanks to a fresh supply of wealthy customers in emerging markets who have just earned enough money to buy their first Mercedes-Benz or Ferrari.
Oct 01, 2010
Ohio asks courts to review GMAC foreclosures
Fallout over GMAC Mortgage's foreclosure practices deepened on Tuesday as Ohio's top law enforcement official asked courts in that state to review all foreclosure cases involving the Ally Financial Inc unit.
Oct 01, 2010
Mortgage bond issuance leaps year to date
U.S. mortgage-backed securities issuance jumped in the first nine months of 2010 from the same period a year earlier as credit markets loosened up and investors' risk appetite improved
Oct 01, 2010
Autos would get up to 62 mpg under proposal
Automakers would have to achieve sharply higher fuel economy -- between 47 and 62 miles per gallon -- by 2025 under a preliminary plan released by the Obama administration
Oct 01, 2010
Chrysler IPO in more than 1 tranche: CEO
The initial public offering of U.S. automaker Chrysler is expected in the second half of 2011 and it will be in more than one tranche.
Oct 01, 2010
Fisker says IPO possible with Karma deliveries in March
Fisker Automotive has begun to put the pieces in place for an eventual IPO and expects to begin delivering its plug-in hybrid Karma luxury sport coupes to customers in March
Oct 01, 2010
U.S. researchers make stem cells quickly from skin
Researchers have found a surprisingly quick and apparently safe way to transform ordinary skin cells into both stem cells -- the body's master cells -- and muscle cells.
Oct 01, 2010
Coffee, tea linked to lower risk of brain tumor
Coffee and tea lovers may have a decreased likelihood of developing the most common form of malignant brain tumor in adults, a new study suggests.
Oct 01, 2010
J&J admits misleading U.S. Motrin recall
Already battered by a wave of product recalls, Johnson & Johnson acknowledged on Thursday it had misled consumers and U.S. regulators as it quietly removed its Motrin painkiller from the market.
Oct 01, 2010
What happens to leftover frozen embryos?
Couples who have frozen embryos left over after undergoing in-vitro fertilization (IVF) are more likely to donate them to other infertile couples if the embryos were conceived with a donated egg, new research shows.
Oct 01, 2010
Mattel's Fisher-Price to recall 10 million products
Fisher-Price, a unit of toymaker Mattel Inc, on Thursday said it will recall about 10 million toys and other items in the United States and Canada due to the potential for serious injuries.
Oct 01, 2010
Health reform to worsen doctor shortage: group
The U.S. healthcare reform law will worsen a shortage of physicians as millions of newly insured patients seek care, the Association of American Medical Colleges said on Thursday.
Oct 01, 2010
New depression guidelines favor tailored treatment
New depression treatments favor a tailored approach and include recommendations for the use of shock therapy and other alternatives, including exercise when people fail to get relief from drugs.
Oct 01, 2010
Canada online job postings jump most in 3 years
Online job postings in Canada registered their biggest gain in three years in August, according to the Conference Board of Canada help-wanted index released on Thursday, reflecting more hiring as the recovery advances.
Sep 30, 2010
Top 10 Most Stressful Jobs
Steep competition, long hours, and demanding schedules land the job of a real estate agent on this year's list of most stressful jobs.
Sep 30, 2010
Successful Career Change
Most people who have made the decision to change their careers face the same problem: How can I get hired when I don't have relevant experience?
Sep 30, 2010
Autoshow: Carmakers see first signs of crisis easing
Top carmakers let cautious optimism creep into their outlooks at the Paris Auto Show on Thursday, pinning hopes on emerging markets to dispel dark clouds over major western economies.
Sep 30, 2010
Tesla supplies Toyota on electric Rav4
Electric carmaker Tesla Motors will serve as a key supplier to Toyota Motor Corp under its agreement with the Japanese automaker to build an electric Rav4 SUV
Sep 30, 2010
Analysis: Foreclosure mess unfolds state by state
An outcry over questionable foreclosures by GMAC Mortgage and other lenders is likely to hit some states more than others because of major differences in real estate law across the nation.
Sep 30, 2010
Real Estate's 6 Most Dangerous Everyday Situations
If you work in real estate, you undoubtedly do the following tasks all of the time, but did you know that you could be putting yourself in danger?
Sep 30, 2010
Shopper's Diary: The Melrose Project in Los Angeles
Newly opened on Melrose Place in LA and already causing a frisson in the design world: The Melrose Project, an antiques and art collaborative curated by mother/son team Kathleen Clements and Tommy Clements (see their rug designs at Woven Accents).
Sep 30, 2010
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