IBT Staff Reporter

115801-115830 (out of 154953)

Stock futures signal rebound along with commods

U.S. stock index futures pointed to a rebound on Wall Street on Monday, with futures for the S&P 500 up 0.46 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.52 percent at 3.30 a.m. EDT.

Asia shares steady, oil hits 1-year high

Asian shares hovered near 14-month highs on Monday, shaking off an early dip after disappointing earnings from U.S. corporate bellwethers such as General Electric Co spurred some investors to take profits.

Earnings blitz to test market's mettle

U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations.

Crisis shows need to right imbalances: Bernanke

The financial crisis has spotlighted the importance of dealing with global imbalances in trade and capital flows, Federal Reserve Chairman Ben Bernanke said on Sunday at a Fed conference on Asia.

Google goes global with Apps, has 2 million customers

Google Inc said more than 2 million businesses now use its online office software, and the Web search leader is going global on Monday with an advertising campaign to lure customers away from Microsoft Corp and IBM products.

Verizon offers discounts to compete with cable

Verizon Communications is advertising new discounts on Monday for customers who sign up for four of its telecommunications services, as it looks to recoup market share from cable rivals in the holiday shopping season.

Cancer drug crosses key hurdle in brain: study

An experimental drug appears to cross a protective barrier in the brain that screens out most chemicals, offering potentially better ways to treat brain tumors, U.S. researchers said on Sunday.

Obesity may affect fertility in young women

Women who become obese -- a step above overweight -- by the age of 18 are more likely to become infertile and develop polycystic ovarian syndrome than others, new research suggests.

CME in informal talks to take over CBOE: report

CME Group Inc, the world's largest derivatives exchange, is in talks to take over the Chicago Board Options Exchange in a deal that would value the largest U.S. options market at up to $5 billion, according to Crain's Chicago Business.

Daily Commentary - 19/10/2009

After rallying to an intraday high above 0.9250 in Asia on Friday risk appetite waned somewhat sending the Aussie dollar back below 92 cents in offshore trade.

Balloon boy charges expected

Charges on the 6-year-old balloon boy's family are pending after the Larimer County Sheriff's Office in Colorado today announced it has determined the incident last week was a publicity stunt.

U.S. must live within its means: Geithner

The United States must live within its means once its economy recovers if it is to preserve global confidence in the U.S. dollar's status, Treasury Secretary Timothy Geithner said on Friday.

North Korea hoping for summit with South: official

North Korea has been seeking a summit between the leaders of the rival Koreas, an official in Seoul said on Sunday, marking another step in its attempts to reach out to the world after being hit by U.N. sanctions.

Pakistani forces battle Taliban in S.Waziristan

Pakistani forces exchanged heavy fire on Sunday with Taliban defending their heartland, a day after launching an offensive aimed at bringing the writ of the state to lawless lands on the Afghan border.

Merkel talks tax to break coalition deadlock

German Chancellor Angela Merkel sought on Sunday to broker a deal on tax cuts between her conservatives and the Free Democrats (FDP) and achieve a breakthrough in tricky talks to form a center-right coalition.

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