IBT Staff Reporter

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The Top MBA Programs Integrating Sustainability and CSR

The Aspen Institute recently released the 2009-2010 edition of Beyond Grey Pinstripes, a biennial survey and popular alternative ranking of full-time MBA programs that integrate sustainability and social responsibility into the curriculum.

The “Other” Virgin Islands

I sprawled out on my lounge chair. White, powdery sand surrounded me. I felt energized, yet relaxed. The beach appeared picture perfect. It was nearly deserted. I looked out at the calming shades of

GM CEO departs in shakeup by board

General Motors Co's chief executive, Fritz Henderson, abruptly resigned on Tuesday, after the company's board decided it wanted to chart a new course for the restructuring automaker.

Obama's Afghan withdrawal timeline under fire

President Barack Obama's top deputies on Wednesday defended his plan for a rapid ramp-up in Afghanistan, but some U.S. senators questioned a proposal to set an 18-month timeline for starting to bring troops home

Charming Shoppes posts smaller Q3 loss

Women's apparel retailer Charming Shoppes Inc posted a narrower third-quarter loss as fewer discounts resulted in improved gross margins, and said it entered the fourth quarter with much less carry-over inventory.

Technology gives some high-speed traders advantages

The days of swashbuckling backslappers on the floor of the New York Stock Exchange have given way to an era of trading dominated by analytical technical whizzes whose computers may be running from a town in deepest New Jersey or Texas.

Gold hits record high as investors bet on more gains

Gold hit record highs at $1,216.75 an ounce in Europe on Wednesday as investors bet on higher prices, with funds lengthening positions due to expectations of a fresh leg of dollar weakness and more central bank buying.

Option 2009 revenue to tumble 44 pct, shares drop

Belgian electronics group Option NV forecast a 44 percent drop in full-year revenue, worse than analysts had predicted, sending its shares down more than 8 percent to a three-week low in early trades.

I've let my family down, says Tiger Woods

Tiger Woods admitted he had let his family down on Wednesday when he spoke candidly for the first time about last week's car crash and the subsequent speculation about his private life.

Mark Zuckerberg: Facebook to end Regional Networks

Facebook founder and chief executive Mark Zuckerberg sent an open letter to the sites 350 million users about the modifications that have been made to the privacy policies of the world's most popular social networking website.

Tokyo Electron eyes stronger chip equipment orders

Japan's Tokyo Electron, the world's No.2 supplier of semiconductor-making equipment, said quarterly orders look to be stronger than expected thanks to a surge in demand from memory makers in Taiwan and South Korea.

GM has 600 mln euros to overhaul Opel-Germany

General Motors has signalled it is ready to contribute about 600 million euros ($904.3 million) of its own cash to restructure its Opel carmaking unit, German Economy Minister Rainer Bruederle said on Wednesday.

KGHM eyes raising Polkomtel stake to 25 pct-CEO

Europe's No.2 copper producer KGHM may raise its stake in Poland's top mobile operator Polkomtel to 25 percent, but it will not make good on plans to buy the stake in a Canadian exploration firm in 2009.

Iran releases five Britons detained from yacht

Iran released five Britons detained in the Gulf after their yacht apparently strayed into Iranian waters, Britain said Wednesday, averting a diplomatic row on top of Iran's disputes with the West over its nuclear program.

New Look picks banks for possible IPO: source

British fashion retailer New Look has moved closer to a stock market return by picking banks to handle a possible initial public offering (IPO) early next year, an industry source said on Wednesday.

UK warns EU not to stifle City of London

Britain has warned its EU partners not to stifle the City of London's financial services industry with excessive regulation, responding to concerns that France will push for tighter rules at its expense.

Israel cut settlement spending in 2009

Israel reduced spending on settlement construction in the occupied West Bank during 2009, according to official figures which show just four building starts funded in the third quarter.

Yahoo expands integration with Facebook

Yahoo Inc will let users of its email, photo-sharing and other online products link their content and activities directly into Facebook, the world's No. 1 Internet social network.

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