IBT Staff Reporter

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Undersea telecoms cables face growing risks: report

Investors should urgently diversify the web of undersea cables that serve as the world's information and banking arteries to address soaring demand and piracy concerns and reduce the risk of catastrophic outages.

Scenarios: Strategies for trading Goldman Sachs securities

The stocks and bonds of investment bank Goldman Sachs , which reported stunningly strong quarterly earnings on Tuesday, have steadily fallen in price since U.S. regulators charged the bank with fraud last week, leaving many investors looking for new ways to trade the bank's securities.

J&J profit beats forecast, but drug sales slump

Johnson & Johnson on Tuesday reported better-than-expected first-quarter earnings, with strong sales growth of medical devices offsetting revenue declines for its prescription drugs and tepid growth for its array of consumer products.

Smoking habit’s hard to break

An Australian study reveals many long-term smokers struggled seven times to break the habit and quitting smoking has been compared with breaking a heroin addiction.

Apple users lose some immunity to cybercrime

Fake security software was the No. 1 cybersecurity woe afflicting computer users in 2009, and Apple users lost some of their immunity to cybercrime as they stored more data online instead of on hard drives, according to the cybersecurity firm Symantec.

Global markets drive U.S. industrial profits

International markets like China and Brazil drove profits at U.S. industrial companies in the first quarter, many of which beat Wall Street estimates and raised their full-year forecasts.

Young women facing increased pressure to have sex early

Experts say young women of today are increasingly bombarded with new pressures to have sex early and sometimes, against their will, especially with the constant exposure of raunch and advanced consumerist culture of Western countries.

New insights into colon cancer therapy

New study results of recent colon cancer research called 'A multilevel study of the determinants of area-level inequalities in colorectal cancer survival,' published in BMC Cancer may provide new insights on colon cancer therapy.

Chrysler rescue under Fiat still uncertain

Almost a year into its government-funded rescue, Chrysler remains a laggard in sales against the industry and analysts increasingly question if Fiat can change the game for its struggling U.S. partner.

Daimler result lifts auto shares

Daimler shares soared nearly 8 percent, leading European auto stocks higher after the company unexpectedly hiked the 2010 earnings target for its luxury Mercedes arm.

Fiat chairman to resign, Elkann to replace him

Fiat's chairman will step down to be replaced by the vice chairman, and shares hit a three-month high on Tuesday on speculation the car maker would announce a spin-off of its auto business.

Apple says iPad 3G available on April 30

The high-speed mobile version of Apple Inc's iPad will hit store shelves on April 30, and international pricing for the tablet computer will be spelled out on May 10, the company said on Tuesday.

G20 must make Basel III top priority: sources

Agreeing tough new bank capital rules must be top priority in global efforts to learn from the financial crisis, finance ministers from the G20 group of countries will be told later this week, sources said on Tuesday.

UnitedHealth raises forecast as profit tops views

UnitedHealth Group Inc's first-quarter profit rose 21 percent, soaring past Wall Street estimates, as it benefited from improved performance in its employer-based plans and growth in its Medicare and Medicaid plans.

Target to issue Target-only credit card

Target Corp is taking the Visa out of its proprietary credit card, issuing instead a Target Credit card to qualifying card applicants in a move it says should spur more sales, the discount retailer said on Tuesday.

Lehman unsecured creditors seek probe Ernst & Young

Unsecured creditors of Lehman Brothers Holdings Inc are looking to probe Ernst & Young LLC to assess if the estate may have causes of action against the auditor arising out of Lehman's use of a the controversial accounting technique, Repo 105.

State Street reports stronger earnings

State Street Corp , one of the world's largest institutional investors, reported higher quarterly earnings and said unrealized losses in its investment portfolio shrank.

UK joins Goldman fraud probe as heat builds

Britain launched a probe into alleged fraud by Goldman Sachs four days after the United States shocked markets by accusing Wall Street's most powerful investment bank of duping clients.

Goldman Sachs' strong earnings overshadow UK probe

Goldman Sachs Group Inc reported stunningly strong quarterly earnings on Tuesday, overshadowing British financial regulators' move to follow their U.S. counterparts in pursuing civil fraud allegations against the dominant Wall Street bank.

Strong Goldman Sachs earnings overshadow UK probe

Goldman Sachs Group Inc reported stunningly strong quarterly earnings on Tuesday, overshadowing British financial regulators' move to follow their U.S. counterparts in pursuing civil fraud allegations against the dominant Wall Street bank.

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