IBT Staff Reporter

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Britain, Italy top picks for windpower investment

Germany and Spain will provide Europe's biggest growth in windpower over the next decade but Britain and Italy might give the best returns on investment, the head of the European Wind Energy Association said on Friday.

Big Lots tops view, ups outlook, shares soar

Closeout retailer Big Lots Inc posted a better-than-expected quarterly profit, aided by lower freight costs, and raised its outlook for the holiday fourth quarter, sending its shares up more than 14 percent.

Don't sacrifice value for brevity

Dear Sam: I am 57 years old and was downsized in February after almost 9 years on the job. I suspect the lack of interviews I have received relates directly to my résumé. My previous income was $70K with a $7K car allowance and all of my gas paid for.

Wall St jumps at open after jobs data

U.S. stocks jumped at the open on Friday, with all three major indexes up more than 1 percent, after the government said employers cut far fewer jobs than expected in November, signaling a strengthening labor market.

Bing suffers outage after rolling out new features

Just a day after Bing rolled out an array of changes and updates including its new Bing Maps, Microsoft had to apologize after its search engine went offline on Thursday evening. Bing users were unable to access the site between 6:30pm to 7:00pm PST. At first, the site was simply unresponsive or returned partial search results. The page then turned into an error page explaining that the site was unavailable.

Encouraging signs for cash at climate summit: U.N.

A U.N.-led drive to raise cash to help poor nations cope with global warming is looking fairly encouraging, three days before a 190-nation climate conference, the U.N.'s top climate official said on Friday.

Up in the Air wins first key award in Oscar race

Director Jason Reitman's Up in the Air was chosen the best film of 2009 and Clint Eastwood was named best director by the National Board of Review on Thursday in the first big awards of Hollywood's Oscar season.

GM Chairman Whitacre shakes up management

In a sharp move three days after replacing Chief Executive Fritz Henderson, General Motors Co Chairman and acting CEO Ed Whitacre announced a broad shake-up of the automakers senior leadership on Friday.

Rich/poor rift dents hopes for U.N. climate talks

After two years of work, and 12 years after their last attempt, 190 nations gather in Copenhagen from Monday to try to avert dramatic climate change -- what one minister called the most difficult talks ever embarked upon by humanity.

Tobey Maguire matures, goes to war for Brothers

Hollywood has finally realized that Tobey Maguire has grown up. The actor who gained fame as a teenager in the Spider-Man movies has embraced fatherhood and a new role as a soldier whose family is torn apart by war.

Jackson film rakes in over $250 million worldwide

Sony Pictures on Thursday said global ticket sales for its movies have neared $3.4 billion, beating a studio record with a range of films such as Michael Jackson's This Is It, which raked in more than $250 million worldwide.

Rudolph the Reindeer outshines TV competition

Shiny-nosed Rudolph proved the biggest draw on U.S. television Wednesday night as the 1964 animated Rudolph the Red-Nosed Reindeer beat Grammy nominees Black Eyed Peas and Aretha Franklin at New York's Rockefeller Center Christmas tree lighting.

Iraq/Afghanistan deployment tied to respiratory woes

U.S. military personnel deployed to Iraq and Afghanistan face an increased risk for developing respiratory symptoms, including persistent or recurring cough and shortness of breath, a large-scale military study has shown.

Other rumbles in the Iran nuclear storm

In the sound and fury following the U.N. nuclear governors' censure of Iran last week for its cover-up of a second uranium enrichment site, and Tehran's rejection of a nuclear cooperation deal with world powers, a broader, festering issue was obscured.

Big Lots Q3 profit beats Street, ups Q4 view

Closeout retailer Big Lots Inc reported better-than-expected quarterly profit, as initial markups and lower freight costs boosted gross margins, and raised its outlook for the holiday fourth quarter.

November U.S. jobs data boosts recovery hopes

U.S. employers cut far fewer jobs than expected last month in the best showing for the labor market since the recession began, boosting the U.S. dollar and global stock prices on hopes for a strong economic recovery.

Climate change could cut into Kenyan GDP: study

Kenya could lose up to 3 percent of its $35 billion GDP annually by 2030 due to global warming, a donor-funded study on the impact of climate change on east Africa's biggest economy showed on Friday.

Japan trading giants to tap $1 trillion water market

Japan's trading houses, which made fortunes from heavy bets on coal and iron ore, see water as their next big investment target as industrialization and urbanization in emerging economies boost demand for clean water.

No new Russia-U.S. arms pact yet as treaty expires

The presidents of Russia and the United States on Friday pledged to keep working for a deal to reduce arsenals of Cold War nuclear weapons, as an existing treaty expired, but did not announce any new agreement.

Hepatitis C Drug Fights Virus in New Way

A drug that targets hepatitis C in an entirely new way was highly effective at suppressing the virus in chimpanzees and kept working for several weeks after the treatment stopped, U.S. researchers said on Thursday.

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