IBT Staff Reporter

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G20 to coordinate exit strategy rhetoric: sources

Leaders of the Group of 20 nations are expected to agree at their summit in Pittsburgh next week to coordinate their public statements on exit strategies, G20 sources preparing for the meeting said on Friday.

FCC to unveil open Internet rules

Federal Communications Commission Chairman Julius Genachowski will unveil in a speech on Monday new proposals that would force Internet providers to treat the flow of content equally, sources familiar with the speech said on Friday.

IMF chief sees global recovery in 1st half of 2010

The global economy should recover from recession in the first half of 2010, but it will take time for unemployment levels to decline, International Monetary Fund Managing Director Dominique Strauss-Kahn said.

Juanes concert latest front in Havana-Miami row

Half a million people are expected to fill Havana's Revolution Square Sunday for a concert that is supposed to be about peace, but has become another front in the war of words between Havana and the Cuban exile community in Miami.

Minneapolis Star-Tribune to exit bankruptcy Sept 28

The Minneapolis Star-Tribune is poised to exit bankruptcy by the end of September after a federal bankruptcy judge approved a reorganization plan that gives ownership of Minnesota's largest newspaper to its senior lenders.

Taiwan city balks on Uighur film over China worries

Taiwan's second-largest city is reconsidering plans to show a film about Uighur leader Rebiya Kadeer over concerns it would upset China just weeks after the Dalai Lama's visit to the island, officials said on Friday.

Visteon to give up some GM parts business

Visteon Corp has sought U.S. Bankruptcy Court permission to drop contracts to supply auto interiors, fuel tanks, climate controls and lighting components to General Motors Co under a deal with the automaker that would give it more than $22 million.

Kodak finance deal could pay off for KKR

Kohlberg Kravis Roberts & Co's KKR.UL investment in troubled photography company Eastman Kodak Co may look risky but a 10 percent annual return and protections even if the company fails could make it all worthwhile.

UBS warns U.S. clients as tax amnesty deadline nears

UBS AG has formally warned wealthy American clients that secret Swiss accounts may be revealed to U.S. tax authorities after the Wednesday expiration of an amnesty program that could give them immunity from prosecution.

FDIC to consider ways to replenish deposit fund

U.S. bank regulators are considering tapping a line of credit with the U.S. Treasury Department and may explore other lesser-known options to replenish the dwindling fund that safeguards bank deposits.

Canada phone companies lose appeal, must pay rebate

Canadian telephone companies will have to write rebate checks to customers after the country's Supreme Court dismissed their appeals on how they should use extra cash they were ordered to collect by the telecommunications regulator.

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