IBT Staff Reporter

117151-117180 (out of 154952)

BlackRock competing for risk-rating role: report

U.S. asset manager BlackRock Inc is in the running to help state regulators estimate risks in insurers' investments, the Wall Street Journal said, citing regulators and a National Association of Insurance Commissioners official.

ECB set to hold rates, caution on economy

The European Central Bank is expected to keep interest rates at a record-low 1.0 percent on Thursday and its head Jean-Claude Trichet will probably caution against high hopes of a speedy economic recovery.

Asia shares rise, Aussie dollar surges on jobs data

Asian shares rose on Thursday as surprisingly strong Australian jobs data raised hopes for a stronger global economic recovery and pushed the Aussie and New Zealand currencies to fresh 14-month highs, while gold hit another record.

Spot gold hits record above $1,050

Spot gold topped $1,050 per ounce to mark a record high for the third session in a row on Thursday as the dollar's continued struggle made the precious metal more attractive to investors.

Asia shares rise, Aussie dollar jumps on jobs data

Asian shares rose on Thursday while surprisingly strong Australian jobs data pushed the Aussie and New Zealand currencies to fresh 14-month peaks and gold hit another record as the U.S. dollar continued to struggle.

Justice Department opens IBM antitrust probe

The U.S. Justice Department has opened an investigation into allegations that International Business Machines abused its dominance of the mainframe business to squeeze rivals, said Computer and Communications Industry Association chairman Ed Black on Wednesday.

FCC chief lauds wireless companies

The top U.S. communications regulator praised recent moves by big wireless companies to open their networks and said he would work to overcome a looming shortage of airwaves used by the industry.

Rights activists see double standard in Twitter arrest

The arrest of a New Yorker for using Twitter to alert protesters to police movements at a meeting of world leaders in Pittsburgh last month would be deemed a human rights violation if it happened in Iran or China, rights activists charge.

Justice Department opens IBM antitrust probe-trade group

The U.S. Justice Department has opened an investigation into allegations that International Business Machines abused its dominance of the mainframe business, said Computer and Communications Industry Association chairman Ed Black.

Online ads: Big Brother or customer service?

U.S. marketers and consumer advocates are preparing for battle over the rules governing online advertising tailored to individual browsing habits, often tracked and collected without notice or permission.

GE, Rolls halt tests on US F-35 alternate engine

General Electric Co and Britain's Rolls Royce Group PLC said on Wednesday they have halted tests on an alternate engine for the F-35 fighter jet after damage was found to some turbine blades, and no timetable was given for the tests to resume.

Alcoa posts surprise quarterly profit

Alcoa Inc posted a surprise profit on Wednesday through cost cutting and higher aluminum prices after three consecutive quarterly losses, sending its stock 6 percent higher.

Why is Google a barcode today?

Why is google a barcode today? Today is the 57th anniversary of the bar code patent. In honor of the bar code, Google is featuring those familiar black and white bars on its homepage as its doodle instead of its usual logo.

GM says cost-cutting nearly done, sales chief out

General Motors Co is on track to complete a wrenching cost-cutting but faces risks from an uncertain U.S. economy and rising unemployment as it tries to win back consumers, the automaker said on Wednesday.

GE, Rolls stop testing on F-35 alternate engine

General Electric Co and Britain's Rolls Royce Group PLC said on Wednesday they have halted tests on an alternate engine for the F-35 fighter jet after damage was found to some turbine blades, and no timetable was given for the tests to resume.

Daimler says U.S. truck market has bottomed

The world's biggest truckmaker, Daimler AG , is seeing evidence the U.S. truck market has bottomed, but it remains cautious about the pace of any recovery, the head of Daimler's truck division said on Wednesday.

Annan says some Kenyan big men to face ICC

The International Criminal Court (ICC) is likely to try a handful of big men behind Kenya's post-election crisis which will send a powerful message to the rest of Africa, former U.N. chief Kofi Annan said on Wednesday.

Dell plans first U.S. smartphone with AT&T: report

BY Gabriel MadwayDell Inc plans to launch a smartphone with Google's Android mobile software on carrier AT&T's network as soon as early 2010, the Wall Street Journal reported, marking the PC maker's first foray into a cut-throat U.S. cellphone arena.

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