IBT Staff Reporter

109321-109350 (out of 154944)

Morgan Stanley shuffles execs ahead of CEO switch

Morgan Stanley's incoming CEO, James Gorman, began putting his fingerprints on the firm, making its chief financial officer and the head of investment co-heads of its crucial institutional securities unit.

Yahoo open to sell HotJobs for right price

Yahoo Inc CEO Carol Bartz put a 'for sale' sign on HotJobs on Tuesday, saying Yahoo was open to selling the non-core unit for the right price even though an improving economy could help its prospects.

U.S. CEOs' economic view brightens; wary of hiring

U.S. chief executives' outlook on the economy improved in the fourth quarter, although most still are not ready to step up hiring or increase capital spending, according to a Business Roundtable survey released on Tuesday.

Wall Street falls on recovery uncertainty

Stocks fell on Tuesday after a disappointing outlook from 3M Co and weak domestic sales at McDonald's Corp fanned worries that sluggish consumer spending threatened the economic recovery.

UPDATE 2-Simon Property to buy 22 more outlet centers

Simon Property Group Inc, the largest U.S. mall owner, said on Tuesday it agreed to buy Prime Outlets Acquisition Co for $700 million plus assumed debt, to add 22 outlet centers to its stable of high-end outlet centers.

BofA Merrill shakes up retirement unit

Bank of America Merrill Lynch named three executives on Tuesday to run its $450 billion retirement services business, including rehiring a former executive who left earlier this year.

U.S. CEOs' economic view brightens

U.S. chief executives' outlook on the economy improved in the fourth quarter, although most still are not ready to step up hiring or increase capital spending, according to a Business Roundtable survey released on Tuesday.

FBR cuts apartment REITs, raises commercial

FBR Capital Markets cut its rating on two apartment-focused real estate investment trusts, AvalonBay Communities Inc and Equity Residential, to market perform, citing declining rentals and negative net operating income that could stretch to 2010.

2009 set to be fifth warmest year on record

This year is likely to be the fifth warmest on record and the first decade of this century the hottest since records began, the World Meteorological Organization said on Tuesday.

EU benchmark CO2 contract corrects early gains

The benchmark contract for European Union carbon emissions futures on Tuesday tripped back into negative territory after prices rose to near a seven-month high in early trade, traders said.

News Corp, Time, others detail e-standard venture

News Corp, Time Warner Inc's Time Inc and three other publishers detailed their long-expected plans to develop open standards for a new digital storefront and technology to help prepare their print titles for devices ranging from e-books to tablet computers.

GM search for new CFO has narrowed -CEO

General Motors Co has been searching for a new chief financial officer and may have a replacement for CFO Ray Young within weeks, GM's Chairman and acting Chief Executive Ed Whitacre said on Tuesday.

Ancestry site puts Hitler's war service online

A British genealogy website has put Nazi dictator Adolf Hitler's World War One military service records online, alongside those of more than a million other soldiers who fought for Germany.

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