IBT Staff Reporter

110041-110070 (out of 154953)

Fed's Lacker flags need for exit, favors asset sales

The U.S. Federal Reserve must remain alert to lurking inflation risks, and could begin removing monetary stimulus by selling some of the mortgage debt it acquired during the financial crisis, a top central bank official said on Wednesday.

Ford betting on U.S. launch of Fiesta small car

Ford Motor Co reintroduced the Fiesta small car to a U.S. audience on Wednesday after a three decade absence, a critical step in a turnaround that focuses on a revamped lineup to make a profit in 2011.

Judge rejects Amazon bid to scrap Google pact

A federal judge has rejected Amazon.com Inc's request that he withdraw preliminary approval of a settlement between Google Inc and groups of authors and publishers to digitize millions of books.

Small business, transport central to jobs bill

Democrats want increased lending to small businesses and funding for shovel ready transportation projects included in a job-creation bill they hope to pass in Congress next month to address the high U.S. unemployment rate.

Lisa Pineiro: Self-made businesswoman

While her friends were studying economic theory in college, Lisa Pineiro was busy raising her daughter and launching her own construction business. Now the 35-year-old trailblazer is empowering other young women to become successful entrepreneurs.

LED lighting still too costly: Osram CEO

Demand for super-efficient LED lighting and other energy-saving lights will grow next year as both consumer awareness and the U.S. stimulus package spark sales, the head of Siemens AG-owned Osram Sylvania said on Wednesday.

Brazil Abreu Lima refinery costs rise to $13.3 bln

The Abreu Lima refinery in Brazil, a joint venture between state-run oil companies Petrobras and Venezuela's PDVSA, will cost roughly 23 billion reais ($13.3 bln), more than triple its previous estimate, a director at Petrobras said on Wednesday.

S. Korea fines local LPG price cartel $581 mln

South Korea's anti-trust agency said on Wednesday it would impose fines totalling 669 billion won ($581 million) on six companies over their involvement in a liquefied petroleum gas (LPG) price cartel.

Redbox talking with video game makers

Redbox is talking with video game developers about offering their products in its DVD kiosks and hopes to avoid the kind of resistance it encountered from some Hollywood studios, Redbox's president said on Wednesday.

Google makes it easier for News Sites to opt-out

Google is attempting to improve relations with media giants with its First Click Free policy that allows publishers to build pay walls around their online content. The search giant will also allow publishers to decide whether they want their sites to show up in Google News, Google Web search, both, or neither.

EBay, Craigslist battle heads to court

It's a story fraught with accusations of broken promises, backroom deals and deception, leaving an established Internet giant fighting to preserve its valuable stake in a well-loved classified advertising website.

Collective Brands Q3 results beat Street

Footwear retailer Collective Brands Inc posted a third-quarter profit that beat market expectations, driven by strong operating margins and a successful back-to-school season, sending its shares up 7 percent in extended trade.

Daily Forecast - 3/12/2009

The Aussie dollar bounced from an early morning dip to 0.9235 yesterday to trade within a whisker of the 93 cent handle overnight buoyed by gains in commodity and equity markets.

EBay and Craigslist battle heads to court

It's a story fraught with accusations of broken promises, backroom deals and deception, leaving an established Internet giant fighting to preserve its valuable stake in a well-loved classified advertising website.

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