IBT Staff Reporter

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Manufacturing expands for 10th straight month

Manufacturing grew for a 10th straight month in May and construction spending notched its fastest pace in nearly 10 years in April, suggesting the U.S. economy will add jobs and weather Europe's debt storm.

Australian zoo uses Facebook to find monkeys

An Australian zoo has posted an urgent plea on its Facebook page for help in returning eight stolen endangered monkeys, so small they could fit in a handbag or the palm of your hand.

Apple shares rally on strong iPad demand

Shares of Apple Inc rallied on Tuesday, as a successful international launch of its iPad tablet prompted Wall Street analysts to raise earnings and sales estimates.

Alcoa sets tentative labor pact with union workers

Alcoa Inc said Tuesday it reached a tentative agreement with the United Steelworkers union on a new 4-year labor contract covering 5,400 workers at 10 of the aluminum producer's manufacturing locations in the United States.

Wall Street little changed as energy shares hit

Stocks were little changed on Tuesday after data showed manufacturing expanded for a tenth straight month, but worries of wider fallout from the oil spill in the Gulf of Mexico kept a lid on gains.

BA, striking union hold talks

British Airways Plc and officials from the Unite trade union plan were holding talks on Tuesday to try to resolve a dispute with cabin crew staging the latest in a series of strikes.

HP to cut net 3,000 jobs

Hewlett-Packard Co said it aims to boost margins by cutting jobs and reallocating spending to more profitable technology services, shrinking its workforce by a net 3,000 jobs, or 1 percent, over three years.

Stocks flat in choppy trade

Wall Street was little changed in choppy mid-day trading on Tuesday after erasing losses as data showing U.S. manufacturing expanded for a tenth straight month failed to quell fears of a slowing economy.

Manufacturing sector grows in May

The manufacturing sector expanded in May for a tenth straight month but at a slower pace than in April while employment rose slightly to its best level in six years, according to an industry report released on Tuesday.

Three Words That Will Kill Your Cover Letter

It's pretty easy to recognize a terrible cover letter within the first 2 seconds of reading one. People tend to forget that this document is a sales tool - you use it to sell yourself to a prospective employer. That being said, it's very easy to ruin your potential sale with just a few simple words.

Regulation Era - The 60's Return

The decade of the 1960s stood orthodoxy on its head. It was a time when alternative everything got a hearing. Expertise came into doubt; the phrase some decisions are too important to be left to the experts was heard everywhere.

Stocks rise on construction, factory data

Wall Street rose on Tuesday as U.S. construction spending recorded its largest monthly increase in nearly 10 years and U.S. manufacturing expanded in for a tenth straight month.

Dubai Holding unit mulls asset sales after 2009 loss

Dubai Holding's main unit said it may resort to asset sales to deal with its debt after posting a $6.2 billion loss for 2009, sending shares in Dubai tumbling as the market reacted to the latest setback for the emirate.

Stocks pare losses after ISM data

Stocks pared losses and the Dow and the Nasdaq turned positive on Tuesday after a report showed U.S. manufacturing grew more than expected in May.

Soaring costs force Canada to reassess health model

Pressured by an aging population and the need to rein in budget deficits, Canada's provinces are taking tough measures to curb healthcare costs, a trend that could erode the principles of the popular state-funded system.

G8 seeks new drive to meet 2015 aid goals for poor

(Reuters) - The Group of Eight industrialized nations plan to invest in better health for mothers and young children in poor nations to meet faltering goals for slashing world poverty by 2015, a draft text for a G8 summit said.

Stock futures sharply off after factory data

U.S. stock index futures indicated a drop of more than 1 percent at the open on Tuesday as a slowdown in global manufacturing added to doubts about the pace of an economic recovery.

BA, striking union plan further talks

British Airways Plc and officials from the Unite trade union plan further talks later on Tuesday to try to resolve a dispute with cabin crew staging the latest in a series of strikes.

Boeing gets plane order from Russia state firm

U.S. aircraft maker Boeing has won an order from a Russian state company for up to 65 planes, nearly half its net order for 2009, beating European rival Airbus and a Russian manufacturer.

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