IBT Staff Reporter

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Beyondblue Anxiety and Depression Awareness Month

Individuals, people in workplaces and community groups are encouraged to get active in October - beyondblue Anxiety and Depression Awareness Month - to raise awareness of anxiety and depression and help reduce the stigma associated with them.

Elderly stroke risk reduced by moderate activities

A Curtin University of Technology study has found that regular moderate activity such as housework, gardening, or walking, can reduce the risk of ischemic stroke in the elderly. Ischemic stroke is caused by blockage of arteries leading to or in the brain.

Washington Post, Bloomberg will start news service

The Washington Post and Bloomberg will start a service in January to distribute a selection of their news to newspapers, Websites and other subscribers, a day after the Post ended a similar arrangement with Tribune Co's Los Angeles Times.

CIT eyes $5 bln-$7 bln DIP; board meets: sources

CIT Group Inc is eyeing a loan of up to $7 billion if a planned debt exchange offer fails and the commercial lender has to file for pre-packaged bankruptcy, two sources familiar with the matter said on Thursday.

Daily Commentary - 2/10/2009

The Australian Dollar opens lower on Friday at US87 cents despite posting another 13-month high during yesterday's local trading session.

CIT eyes $5 bln-$7 bln DIP: sources

CIT Group Inc is eyeing a loan of up to $7 billion if a planned debt exchange offer fails and the commercial lender has to file for pre-packaged bankruptcy, two sources familiar with the matter said on Thursday.

Strong dollar 'very important': Geithner

U.S. Treasury Secretary Timothy Geithner said on Thursday that a strong dollar was very important to the United States and the rest of the world needs to be convinced Americans will be more thrifty in future.

PG&E signs new power agreements

California utility Pacific Gas and Electric said on Thursday that it has signed power agreements for more than 2,000 megawatts, boosting its use of energy from solar resources and natural gas.

Was MIchael Jackson 'healthy' when he died?

Michael Jackson was in reasonably good health at the time of his death opposing numerous media reports that portrayed him as terribly skinny and sick, the Associated Press reported Thursday.

Cisco bets on video growth with Tandberg bid

Network equipment maker Cisco Systems Inc struck a deal to buy Norwegian videoconferencing company Tandberg for $3 billion in a bid to dominate the high-growing market of corporate video communications.

BofA directors mull short-term CEO

Bank of America Corp's board of directors is looking at hiring a short-term chief executive from outside the bank to give internal candidates more time to develop, a company spokesman said Thursday.

Obama auto plan stopped global auto collapse: exec

The global auto industry would have collapsed if the U.S. government had not provided taxpayer-backed financing for automakers General Motors and Chrysler, according to the chief executive officer of Motors Liquidation Co (MTLQQ.PK).

Mercedes-Benz Trucks, Kamaz set joint venture

Daimler AG (DAIGn.DE) moved on Thursday to boost its presence in the Russian market by signing a letter of intent to create a truck and bus joint venture with local partner Kamaz (KMAZ.MM).

Daily Outlook - Oct 1 Tech

Network equipment maker Cisco Systems struck a deal to buy Norwegian videoconferencing company Tandberg for $3 billion in a bid to dominate the high-growing market of corporate video communications.

Obama Annouces $5 Billion for New Medical Research

President Barack Obama announced a plan on Wednesday to spend $5 billion on medical and scientific research, medical supplies and upgrading laboratory capacity, which he said would create tens of thousands of new jobs.

Chrysler CEO: no reprieve on U.S. plant closings

Chrysler Group LLC still plans to shutter eight North American plants according to its initial schedule, Chief Executive Sergio Marchionne said on Thursday, as he dismissed recent reports that a Detroit-area plant would get a reprieve.

France to invest 2.5 bln eur for electric car launch

France will invest 2.5 billion euros ($3.6 billion) over 10 years in research, subsidies and infrastructure development for electric cars as automakers race to get the vehicles on the road, its energy minister said.

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