IBT Staff Reporter

Currency speculators increased bets against the U.S. dollar in the latest week, according to Commodity Futures Trading Commission data released on Friday. The value of the dollar's net short position rose to $18.65 billion in the week ending Oct 20 from a $17.99 billion net short the prior week.

Oct 23, 2009

Cholesterol-lowering statin drugs do not reduce the risk of diabetes and might modestly elevate the chances of developing the condition, researchers found in a pooled analysis of trial data.

Oct 23, 2009

People with difficult-to-control asthma are often not taking their anti-asthma medication as prescribed by their doctor, new study findings indicate.

Oct 23, 2009

Veterans who suffered physical injuries or developed post-traumatic stress disorder after combat in Iraq or Afghanistan may suffer recurrent headaches, a new study suggests.

Oct 23, 2009

Regular exercise may help reduce the misery of the flu by boosting the immune system's response to the virus, a study in mice hints.

Oct 23, 2009

Tickets to four of country singer Taylor Swift's 2010 tour dates sold out in two minutes after going on sale on Friday, her publicists said.

Oct 23, 2009

Tickets for 15 U.S. shows of Taylor Swift's upcoming 2010 Fearless tour sold out within minutes, her publicist said Friday.

Oct 23, 2009

Obese adults may shed more weight with the diabetes drug liraglutide than with the weight-loss drug orlistat (Xenical, Alli), suggests a study in The Lancet this week.

Oct 23, 2009

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.

Oct 23, 2009

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.

Oct 23, 2009

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.

Oct 23, 2009

Southeast Asia is gearing up to become a global hub for the production and sale of environmentally friendly cars, a Thai deputy cabinet minister said on Thursday.

Oct 23, 2009

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.

Oct 23, 2009

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.

Oct 23, 2009

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.

Oct 23, 2009

A U.S. lawmaker said on Friday he will issue 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.

Oct 23, 2009

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

Oct 23, 2009

Institutions sold a net 90.8 billion won worth of stocks and foreign investors bought a net 213.1 billion won worth.

Oct 23, 2009

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.

Oct 23, 2009

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.

Oct 23, 2009

Officials should take their time with regulatory reforms to make sure that they get it right and find a lasting solution, Federal Reserve Vice Chairman Donald Kohn said on Friday.

Oct 23, 2009

News Corp., one of the co-owners of the site, has confirmed Thursday the rumor that it intends to start charging fees at some point.

Oct 23, 2009

Apple faces the possibility of having to pay Nokia up to $1 billion for the technologies used in iPhones sold so far if it loses a lawsuit brought by Nokia, analysts said.

Oct 23, 2009

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.

Oct 23, 2009

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.

Oct 23, 2009

The Italian Health Ministry reported Friday a likely case of Creutzfeldt-Jakob Disease, the human form of mad cow disease.

Oct 23, 2009

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

Oct 23, 2009

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.

Oct 23, 2009

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.

Oct 23, 2009