IBT Staff Reporter

114961-114990 (out of 154943)

Dow ends below 10,000; industrials drag

U.S. stocks fell on Friday, with the Dow slipping below the 10,000 mark, as weak results from industrial companies overshadowed robust earnings from tech heavy-weights.

Polanski could face two years prison if extradited

Film director Roman Polanski could face two years in prison if extradited to the United States after fleeing sentencing in California on child sex charges in 1978, the Swiss justice ministry said on Friday.

Democrats gauge options on public health plan

Democrats in the U.S. House of Representatives struggled on Friday to agree on which version of a government-run health insurance plan to include in a reform bill, but said one was certain to be in the final legislation.

Liquidation nears at German carmaker Karmann

Independent German contract carmaker and convertible roof-top specialist Karmann is nearing liquidation as new orders remain out of sight and customers remain unwilling to pay their bills.

CFTC chief urges clearing of non-major swaps

The U.S. futures regulator urged Congress to require thousands of non-major financial firms and funds to use clearinghouses to reduce the risk of another market collapse as part of its reform of the $450 trillion swaps market.

GM board to reconsider Opel in early November

General Motors will decide in early November whether to proceed with a deal to sell its European arm Opel to a group led by Canada's Magna or to seize a new opportunity to keep the unit after seven months of grinding negotiations.

JD Power sees US auto sales down 6 pct in October

October U.S. auto sales should be down about 6 percent from a year ago, marking the first single-digit monthly decline since May 2008, influential industry forecasting firm J.D. Power and Associates predicted on Friday.

Motorola Droid announces its debut date

Verizon and Motorola launched their Droid Does campaign recently which caused a stir, and they are expected to announce details of the new Motorola Droid on October 28.

BofA's Countrywide subpoenaed over VIP program

A U.S. lawmaker said on Friday he issued a subpoena to Countrywide Financial, now part of Bank of America Corp , as part of a probe into whether the lender gave favored terms to lawmakers and other VIPs.

Air fare hike shows new pricing power

Major U.S. airlines have launched a $10 round-trip domestic fare increase, marking the fifth industrywide fare hike in 2009 and possibly signaling new pricing power for airlines as they claw their way out of an economic downturn.

Neurotic? It could lead to asthma

People who are neurotic -- they tend to worry a lot and to have emotional ups and downs -- seem to be at increased risk of developing asthma, a new study hints. Those who suffer through a divorce or

Airlines launch industrywide fare hike

Major U.S. airlines have matched a domestic fare increase initiated by Delta Air Lines and Continental Airlines, marking the fifth industrywide fare hike in 2009, a top fare analyst said on Friday.

House health reform will include public option: Pelosi

The healthcare reform bill making its way through the U.S. House of Representatives will include a public insurance option, but negotiations are continuing on the details of the public plan, House Speaker Nancy Pelosi said on Friday.

Senate food bill good 1st step, needs work: FDA

A Senate bill that would expand U.S. Food and Drug Administration oversight and give it the power to recall food is a step forward but it needs to be stronger, the head of the agency told lawmakers on Thursday.

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