IBT Staff Reporter

Senate Republicans on Tuesday floated their first counterproposal to rewrite financial regulations after blocking a more sweeping Democratic plan for a second straight day.

Australia's first National Security College will begin activities in May after its official launch by the Prime Minister Kevin Rudd at The Australian National University on 24th April 2010.

If elected to the board of Genzyme Corp , billionaire investor Carl Icahn will work to understand and help the company fix what is broken, according to proxy documents filed on Tuesday with the U.S. Securities and Exchange Commission.

Goldman Sachs CEO Lloyd Blankfein faced a blistering cross-examination from U.S. lawmakers over why the investment banks' sales team felt they could sell securities to clients while believing they were crap and betting against them.

AstraZeneca PLC has agreed to pay $520 million to settle charges that it illegally marketed and promoted its schizophrenia drug Seroquel for unapproved uses, U.S. authorities said on Tuesday.

U.S. consumer confidence firmed to a 1-1/2-year high in April, while house prices rose in February on an annual basis for the first time in more than three years, in fresh signs of a strengthening economy.

Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients shi**y deals and made billions off the market's collapse, in a high stakes Senate hearing.

Lower level Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients shitty deals and made billions off the market's collapse, in a high stakes Senate hearing.

For a second time in as many days, U.S. Senate Republicans mustered enough votes on Tuesday to block debate of a Democratic bill that would bring the biggest overhaul of financial regulation since the 1930s.

Sachin Agarwal believes he has the solution for all those who have tried, and failed, to sign their parents up for a Facebook account so they could see photos of their grandchildren: Posterous.

Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients shi**y deals and made billions off the market's collapse, in a high stakes Senate hearing.

U.S. stocks tumbled on Tuesday as downgrades of Greece and Portugal fueled fear about euro-zone economic stability, and a grilling of Goldman Sachs on Capitol Hill heightened the possibility of financial reform.

AstraZeneca PLC has agreed to pay $520 million to settle charges that it illegally marketed its schizophrenia drug Seroquel for unapproved uses, U.S. authorities said on Tuesday.

A sweeping overhaul of banking rules appeared to be headed toward another roadblock in the U.S. Senate on Tuesday, although an influential Republican predicted it ultimately will pass the chamber.

Quick. Name five of the busiest tourist towns in the US. Got it? Now, try to imagine how those cities looked years ago, before the influx of tacky souvenir shops and overcrowded buses, when mom and pop stores still adorned the main streets and where a familiar face greeted you at every corner.

French carmaker Renault posted forecast-beating first-quarter sales and confirmed its target for positive free cashflow in the year as a whole, while warning of a difficult economic environment.

United Airlines and US Airways Group reported smaller quarterly losses that topped Wall Street estimates on Tuesday, signaling a recovery for an industry that endured sagging demand in the recent recession.

U.S. lawmakers told Facebook on Tuesday they were concerned about changes in its privacy policy that would allow personal information to be viewed by more than friends, and options on other websites that would allow third parties to save information about Facebook users and friends.

Research in Motion gave analysts a sneak peek at a revamped operating system for its BlackBerry smartphone on Monday and said it would launch it next quarter, propelling its shares higher.

U.S. stocks fell on Tuesday as downgrades of Greek and Portuguese debt reignited fears of defaults in the euro zone, while a grilling for Goldman Sachs on Capitol Hill raised the specter of tough financial reform.

Researchers at the Australia's Burnet Institute have created a rapid point-of-care diagnostic test for measuring CD4 T-cells, the marker of the immune system for people with HIV and AIDS.

The reason why a total of 55 young children in West Australia experienced febrile convulsions and a two year-old, Ashley Epapara found dead in her cot after receiving the seasonal flu vaccinations has left health experts perplexed but they hope to seek the root cause of the problem, by next week.

As a business professional, I can tell you from personal experience how effective referral networking has been in the success of my own businesses.

While previous study had focused on the negative evaluations of obese people, often blamed for being lazy and not exercising self-control, the new findings published in the International Journal of Obesity suggests an explanation about negative emotional reaction towards obesity that can help understand why those attitudes toward obese people are resistant to change.

According to researchers, the brain of notorious gangland killer Carl Williams which has been donated to science, may not likely offer any insight into his behaviour.

As one of the country's most lethal diseases, pancreatic cancer claims five Australian lives every day, but still remains off the health billboard.

The U.S. Federal Reserve opened a two-day meeting on Tuesday that is widely expected to end with a decision to leave interest rates on hold near zero and a fresh commitment to keep them there for an extended period.

U.S. stocks tumbled on high volume on Tuesday as investors shunned risk after the credit ratings for both Greece and Portugal were downgraded.

Four U.S. lawmakers expressed concern to Facebook on Tuesday about changes in its privacy policy, while one asked federal regulators to draw up privacy guidelines for online social networking sites.