IBT Staff Reporter

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Wall St set for strong open after jobs data

U.S. stocks futures pointed to a sharply higher open on Friday after the government said employers cut far fewer jobs than expected in November, signaling a strengthening labor market.
Dec 04, 2009

There's something in the air: augmented reality

Technophiles and developers seeking the next tech breakthrough were drawn to the Dutch city of Rotterdam on Friday to hear augmented reality promoted as a way of changing their view of the world.
Dec 04, 2009

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.
Dec 04, 2009

Carbon permit prices fall in U.S. East auction

Prices for utility permits to emit the greenhouse gas carbon dioxide in the U.S. East fell in the sixth quarterly auction of the allowances, states in the regional market said on Friday.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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.
Dec 04, 2009

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