IBT Staff Reporter

109651-109680 (out of 154953)

In break with past, no more passing the buck at Opel

The new head of Opel promised investments in new models and pledged to put an end to business as usual at the General Motors brand -- addressing two key grievances by unions when he outlined his turnaround plan this weekend.

Amazon says no plans to open physical stores

Amazon.com Inc, the world's largest online retailer, has no plans to open stores anywhere in the world, it said on Sunday, in response to a report it was planning to open high street shops in Britain.

UN Climate Chief: Hacked emails were planned and well-funded

UN's climate science body said that the Climategate controversy was the work of a well-thought plan and the hackers were probably paid to do it. Jean-Pascal van Ypersele, vice-chairman of the Intergovernmental Panel on Climate Change (IPCC), said the theft of emails from the University of East Anglia's Climatic Research Unit (CRU) was not the work of amateur climate skeptics.

Stocks may climb, but beware of Scrooge

If the bulls have their way, Wall Street's rally will keep going this week on signs of stability in the labor market. But concerns about penny-pinching consumers during the holiday shopping season and the specter of higher interest rates may be a hurdle to jump.

OECD warns public debt jeopardizes recovery: report

Countries with mounting public debt jeopardize the sustainability of their economic recovery from the global financial crisis over the next several years, the OECD's new chief economist said in a interview in an Italian newspaper.

Amazon planning to open UK shops: report

Amazon.com Inc , the world's largest online retailer, is planning to open high street shops in Britain to complement its Web site, the Sunday Times newspaper reported.

Europeans shy away from Google Android phones

Operators pushed market share of cellphones running Google's software a little higher in September quarter in Western Europe, but consumers showed little interest toward them, research firm IDC said on Saturday.

Ex-Calpers staff ties with financier probed: report

U.S. security regulators are investigating possible ties between a former chief executive of California pension fund Calpers and a former Calpers board member, and a financier who has pleaded guilty in a New York pension fund corruption case, The Sacramento Bee said on Saturday, citing court documents.

Rally may have legs, but beware of Scrooge

If the bulls have their way, Wall Street's rally will keep going next week on signs of stability in the labor market. But concerns about penny-pinching consumers during the holiday shopping season and the specter of higher interest rates may be a hurdle to jump.

GM exec expects Germany to contribute Opel aid

General Motors will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the U.S. carmaker said it remains confident Berlin will soften its current stance.

Guinea on edge after attack on junta leader

Guinea's capital was on edge on Saturday following a botched assassination attempt on the head of the ruling junta, with residents bracing for further violence between out-of-control army factions.

India PM to attend climate talks as momentum grows

Indian Prime Minister Manmohan Singh will attend the end of the U.N. climate summit, joining dozens of leaders including U.S. President Barack Obama, in the latest sign of growing momentum toward a new global accord.

Fans kept guessing about Jackson 4 reunion

Michael Jackson's death put a sudden end to long-rumored plans for a Jackson 5 reunion, but brother Jermaine on Friday kept fans guessing about whether there might be a Jackson 4 concert next year.

Hospitalized Thai King addresses nation

Thailand's aging monarch addressed the nation on Saturday for the first time since hospitalization more than two months ago, marking his 82nd birthday with a call for calm in the politically turbulent country.

Anvil rocks film documentary awards

Rock on, Anvil. The aging band that never tasted music stardom found a measure of Hollywood fame on Friday when Anvil, The Story of Anvil won two film awards, including best documentary, from a key group of moviemakers.

Invictus achieves its goal without digging deep

Nothing speaks so dramatically about Clint Eastwood's recent and remarkable burst of creativity as a director of awards-worthy films than the appearance of Invictus, a historical drama that few if any filmmakers could have launched within the studio system. Here is a movie about Nelson Mandela, South Africa after apartheid and, of all things, the sport of rugby. None is high on any list of topic...

Washington letter, Poe book set auction records

A signed four-page letter written by George Washington to his nephew in 1787 sold for $3.2 million, and two works by Edgar Allen Poe set new sales records on Friday in auctions held by Christie's.

Elvis Costello enjoys TV role as carnival barker

Elvis Costello, the British singer-songwriter who swept through the London pub scene, the punk movement and the New Wave fad while retaining his signature sound, continues to release great work 30-plus years into his career. His latest project, the country- and folk-inflected Secret, Profane, and Sugarcane, arrived June 9 on Hear Music.

NYC Rock & Roll Hall of Fame annex to close

Just one year after opening, the New York City annex to Cleveland's Rock & Roll Hall of Fame will close its doors on January 3, according to one of the corporate partners in the venture.

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