IBT Staff Reporter

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10 Things Backpackers Do But Don’t Often Talk About

Backpackers aren't always the world's most ethical travelers. Having little money, and being in places where no one knows them, they get away with quite a bit. For the most part, it's nothing terrible, just a few misdemeanors. Here are a few of the ones that most backpackers don't tend to brag about:

Michael Moore takes Capitalism censure to Japan

Firebrand director Michael Moore is in Japan to promote his latest documentary on the global economic meltdown, which he says should resonate in a nation that has already seen the dark side of capitalism.

Beyonce leads Grammys, Taylor Swift close behind

R&B singer Beyonce led the field of Grammy contenders with 10 nominations on Wednesday, closely followed by teen country sensation Taylor Swift with eight, and both will compete for coveted album of the year.

GM's Lutz sees limited share for electric cars

General Motors Co sees limited sales of electric cars over the next five years and will ramp up output of its much-anticipated Volt plug-in cautiously, the automaker's vice-chairman said on Wednesday.

Tiger Woods admits transgressions, apologizes

Golfer Tiger Woods, engulfed in speculation over his private life after a car accident in the middle of the night, apologized on Wednesday for transgressions in a statement that apparently addressed allegations he had extra-marital relationships.

Bank of America to repay TARP

Bank of America Corp will sell the securities it will use to help repay $45 billion in government bailout funds Thursday evening, based on extraordinary interest, its chief financial officer said.

Jackson kids among most fascinating of 2009

Michael Jackson's three children, reality TV mom of eight Kate Gosselin and former Republican vice presidential candidate Sarah Palin were picked Wednesday as some of the most fascinating people of 2009 -- according to Barbara Walters.

Sundance lifts curtain on 2010 competition films

The Sundance Film Festival on Wednesday listed the 64 films that will compete for awards at the upcoming premiere event for independent films, which for 2010 has a new director and three opening night offerings.

Taylor Swift inks Comcast video-on-demand deal

In another sign of its commitment to building content strength, Comcast unveiled an exclusive video-on-demand partnership with country singer Taylor Swift on Wednesday -- a day ahead of a likely announcement of a deal that would give the cable giant a 51 percent stake in NBC Universal.

SKF CEO says auto unit strong in Q4, wary of 2010

Sweden's SKF said on Thursday its automotive business had fared better than expected so far in the fourth quarter, but warned the phasing out of incentive schemes in Europe could dent sales going into 2010.

Four plead not guilty to celebrity burglaries

Three teenagers and an adult man pleaded not guilty on Wednesday to breaking into the homes of Hollywood actors such as Orlando Bloom and Lindsey Lohan and stealing millions of dollars worth of jewelry and other items.

Chile's retailer Hites IPO raises $43 mln

Chilean retailer Hites raised $43 million on Thursday, selling a near 30 percent stake in the company in an initial public offering that the company said would help expand its businesses.

Top 10 most-watched shows of the decade

A list of the most-watched TV episodes of the decade reads like an exercise in nostalgia. Only one telecast aired after 2006. With the increasingly fractured TV universe, we probably won't see a list quite like this again. Excluding duplicate titles, here are the Top 10 TV series episodes since 2000:

Belgium drugmaker Movetis IPO hits target

Belgian drugmaker Movetis priced its initial public offering at 12.25 euros on Thursday -- just below the middle of an indicated range of 11.25-14.25 euros, a further sign of the resurgence of the European IPO market.

Italy to send 1,000 more troops to Afghanistan

Italy will send around 1,000 additional soldiers to Afghanistan as part of U.S. President Barack Obama's planned troop increase, Italian Defense Minister Ignazio La Russa said in an interview published on Thursday.

Iraq election decision postponed until Sunday

Iraqi Vice-President Tareq al-Hashemi said on Thursday he had postponed until Sunday a decision on whether to sign or veto an election law required for next year's critical poll, after a court gave him more time.

Surprise order lifts Airbus above 200 sales

Airbus sold 52 A320 single-aisle jetliners worth $4 billion in an unexpected bounce in plane demand in November, but the name of the airline betting on a recovery in depressed travel demand was kept under wraps.

McChrystal tells Afghans U.S. not leaving yet

The commander of U.S. forces in Afghanistan reassured top officials on Thursday that Washington was not planning an early exit, part of a charm offensive to sell President Barack Obama's new strategy on three continents.

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