IBT Staff Reporter

116611-116640 (out of 154943)

Worst of the U.S. recession over: survey

The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

U.S. Crude Outlook - Gains on economy likely limited

Gains in cash crudes due to economic factors early in the week are expected to be limited by continuing lower demand from refiners, who are still contending with reduced demand and seeing a weak outlook for the coming year.

Great places to run in Paris

People come to Paris to swoon under a scintillating Eiffel Tower, to see what all the Mona Lisa fuss is about, or to catch a peek of a real live gargoyle from a Notre Dame bell tower. The City of Lights is not, however, a popular destination for runners.

Oil jumps nearly 2 percent on optimism

Oil jumped nearly 2 percent on Monday on optimism about the pace of global economic recovery and as cold weather across the United States boosted fuel demand.

KB Home shares fall on SEC investigation

KB Home shares fell 6 percent Monday, the first trading day after the homebuilder said it was being investigated by the U.S. Securities and Exchange Commission over possible accounting and disclosure issues.

Citi fined $600,000 for lax trade monitoring

Citigroup Inc has been fined $600,000 by the Financial Industry Regulatory Authority for failing to police derivatives transactions, including those that helped foreign clients avoid taxes on dividends.

Up rises again overseas

Buoyed by a substantial first-place U.K. debut, the Pixar cartoon Up reclaimed the No. 1 spot on the foreign box office during the weekend.

Blue Source, Goldman in $12 million carbon deal

The president of carbon offset developer Blue Source said his company and Goldman Sachs Group have completed a transaction of carbon credits worth $12 million that he called the largest publicly announced U.S. offset deal.

Blackstone plans portfolio IPOs: source

Private equity firm Blackstone Group plans to take advantage of improved equity markets to list up to eight of its portfolio companies, according to a source who received a letter the firm sent to investors.

Oil jumps on optimism, colder U.S. weather

Oil jumped more than 2 percent on Monday to touch a six-week high on optimism about the pace of global economic recovery and as cold weather across the United States boosted fuel demand.

Suicide bomber kills 41 near Pakistan's Swat

A suicide bomber killed 41 people in an attack on a Pakistani military convoy passing through a market on Monday as the Taliban claimed responsibility for a weekend raid on the army's headquarters.

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