IBT Staff Reporter

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Appeals court allows stem cell funds to continue

A U.S. appeals court on Tuesday allowed federal funding for human embryonic stem cell research to continue pending a full appeal, lifting an injunction issued by a federal judge who had said the Obama administration's policy violated the law.

J&J CEO to address recalls

Johnson & Johnson's massive recall of popular medicines, including a stealthy recall of some Motrin packages, has eroded the company's reputation and put pressure on chief executive Bill Weldon who appears before a congressional committee on Thursday.

Less costly home dialysis just as effective

Patients with failing kidneys who need to undergo dialysis will do equally well if they perform dialysis at home or if they go to a dialysis center, according to the largest study to date comparing the two approaches.

TCS wins A$50 mln contract from Australian energy co

Tata Consultancy Services (TCS), India's top IT services firm, said on Wednesday it signed a 5-year infrastructure management services contract worth more than AUD $50 million with Australia-based renewable energy company AGL Energy Ltd.

Audi A5 & A6 Win 2010 Motorist Choice Awards

The Motorist Choice Awards named Audi's A5 and A6 as the Best Sexy Styling and the Best Country Club Vehicles for 2010 in the Premium Brand category. The results stem from the information taken from more than 42,000 consumer surveys.

Chrysler fires 13 over lunch beer drinking report

Chrysler Group on Monday fired 13 workers at the same auto plant visited by President Barack Obama this summer, after a local television station report showed some of them drinking on their lunch breaks.

Confidence lowest since February

Consumer confidence fell to its lowest level since February in September, underscoring lingering worries about the stremgth of the economic recovery, while home prices dipped in July.

Toys R Us to add 45,000 holiday jobs

Toys R Us Inc said it plans to hire about 45,000 seasonal workers -- 10,000 more than in the past three years -- ahead of the U.S. holiday shopping season as it opens 600 temporary stores, essentially doubling its domestic workforce.

New UK Labour leader distances himself from Brown

The new leader of Britain's opposition Labour Party will signal a break with some of the party's policies on Tuesday, and distance himself from former Prime Minister Gordon Brown's stewardship of the economy.

Magnetic pulses can sway the hand you use, briefly

Whether your left or right hand reaches for the phone, elevator button or cup of coffee is typically decided unconsciously. Now, a new study suggests that magnetic pulses sent into your brain could alter that choice.

Home prices dip in July, seen hovering near lows

Single-family home prices dipped in July, hovering above multi-year lows absent the homebuyer tax credit that ended in April, according a Standard & Poor's/Case-Shiller home price report on Tuesday.

Obama administration fights for stem cell funding

The Obama administration on Monday pleaded with a U.S. appeals court to allow federal funding of human embryonic stem cell research to continue, arguing a ban would ruin numerous projects and cost millions of dollars.

Exercise has lasting benefits for older women

Older women with thinning bones who exercise regularly have sustained improvements in their balance and walking speed that may protect them from fractures and even extend their lives, new research shows

Middle-aged suicides on rise in U.S., study finds

Suicide rates for middle-aged people are edging up -- particularly for white men without college degrees -- and a combination of poor health and a poor economy may be driving it, U.S. researchers said on Monday.

Employer health costs to rise in 2011

Employers can expect to pay nearly 9 percent more for health care costs for their workers in 2011, the highest level in five years, according to a forecast released on Monday.

Obama signs small business bill into law

President Barack Obama signed a $30 billion small business lending bill into law on Monday, claiming a victory on economic policy for his fellow Democrats ahead of November congressional elections.

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