IBT Staff Reporter

114391-114420 (out of 154944)

New home sales unexpectedly tumble

Sales of new U.S. homes unexpectedly tumbled in September, their first drop in six months, underscoring the hazards to an economic recovery that businesses appeared to be banking on.

California Coastal Communities files for bankruptcy

California Coastal Communities Inc said on Wednesday it filed for Chapter 11 protection to modify and eliminate certain debt covenants and to extend the maturity on about $182 million loans related to one of its projects.

Karzai's brother said to be on CIA payroll

The brother of Afghan President Hamid Karzai has been getting regular payments from the Central Intelligence Agency, The New York Times reported on Tuesday, citing current and former U.S. officials.

Qwest's cost cuts boost outlook, shares rise

Qwest Communications International Inc posted a higher-than-expected quarterly profit and boosted its full-year outlook as it planned more cut costs, sending its shares up 3.4 percent.

Study says combined therapy helps head, neck cancer

Patients with non-operable head and neck cancers should be given chemo- and radiotherapy at the same time, as it more than doubles the time they live without the disease getting worse, British scientists said on Wednesday.

World Series should draw audience for Fox

With the storied New York Yankees facing off against the defending champion Philadelphia Phillies, Fox Sports has a potentially compelling matchup in baseball's World Series that should drive strong TV ratings.

WellPoint net profit falls, but results beat views

Health insurer WellPoint Inc posted an 11 percent decline in third-quarter profit on Wednesday as layoffs among customers led to lower membership, but results crushed estimates on improvements in its business serving elderly and low-income Americans.

Wall St slips after new home sales drop

U.S. stocks fell on Wednesday after September new home sales unexpectedly tumbled and analysts said there was little in the way of catalysts to further fuel the market's seven-month rally.

FX's League a showcase for potty humor

ESPN promos for SportsCenter are particularly clever, but would they be as funny if their take on men and sports was expanded from 30 seconds to, say, a half-hour?

Pulp not reuniting for Glastonbury fest

Britpop icons Pulp are not planning to reunite for Britain's Glastonbury music festival next June, despite reports that singer Jarvis Cocker had been in talks with the band, his spokesperson said Tuesday.

New home sales unexpectedly tumble in September

Sales of newly built U.S. single-family homes unexpectedly tumbled 3.6 percent in September in their first drop since March, but the inventory of new homes available at the end of the month shrank to the smallest in 27 years, government data showed on Wednesday.

Wall St extends losses after homes sales

The Nasdaq and the S&P 500 indexes extended losses on Wednesday after data showed a surprise drop in September new homes sales, the latest sign the economic recovery may be slower than hoped.

Sainthood takes Tegan & Sara to Hell and back

Canadian indie-rock duo Tegan & Sara's snappy songwriting and intimate lyrics have found a steadily growing audience in the United States since the twin sisters started recording songs a decade ago.

U.S. panel: More study on Human Genome anthrax drug

Animal data suggests a proposed Human Genome Sciences Inc drug may help people exposed to anthrax but more study is needed to show the treatment adds benefit beyond antibiotics alone, a U.S. advisory panel said on Tuesday.

Entourage actress caught in Georgia

Entourage co-star Emmanuelle Chriqui has been cast in the lead female role in Georgia, a war film being directed by Renny Harlin in the former Soviet state.

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