IBT Staff Reporter

119911-119940 (out of 154943)

Mazda to sell Mazda2 subcompact in U.S. from late-'10

Mazda Motor Corp (7261.T) said it would begin selling the Mazda2 hatchback in the United States toward the end of 2010, getting a late start in a segment that has held up relatively well as consumers seek cheaper and smaller cars.

Toyota won't raise prices on new 4Runner

Toyota Motor Co (7203.T) will not raise prices on the new version of its 4Runner sport- utility vehicle in a bid to shore up sputtering sales of the vehicle, dealers briefed on the plan this week said.

Fed to screen bank pay policies: report

Pay policies for bank employees across the United States would require approval from the U.S. Federal Reserve as part of a proposal to curb risk-taking at financial institutions, The Wall Street Journal reported, citing people familiar with the matter.

Gelbart's colleagues remember master of masters

The classic series M*A*S*H, the hit movie comedy Tootsie and the Tony-winning play A Funny Thing Happened on the Way to the Forum are part of the enduring legacy that writer Larry Gelbart left behind when he died September 11 at age 81. But there also are the memories of those he inspired and made laugh.

Italy working on auto aid extension

The Italian government is working on an extension of car incentives which will include their gradual phasing out, industry ministry under-secretary Stefano Saglia said in Il Giornale daily on Friday.

Citadel offered lenders debt for equity: report

Citadel Broadcasting Corp offered a deal to exchange a major part of its debt for equity to senior lenders owed $2 billion, including JPMorgan Chase & Co , GE Capital and ING Groep NV , the Wall Street Journal said, citing people familiar with the negotiations.

Airbus faces two more tough years: CEO

The head of Airbus said in remarks published on Friday that the European planemaker faces two further difficult years and does not rule out making further production cuts if necessary to adjust to demand.

Stock futures signal dip; Palm in focus

U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures down 0.2 percent at 3:37 a.m. EDT.

Asian shares retreat, dollar gains respite

Asian stocks retreated from 13-month highs on Friday as a conflicting picture about the strength of U.S. economic recovery stopped investors from extending this week's rally but gave some respite to a battered U.S. dollar.

Blockbuster CEO says financing should enable growth

A round of capital-raising and refinancing has alleviated a cash-flow crunch at DVD rental chain Blockbuster Inc, enabling it to revive plans to reposition itself and get back on a path for growth, Chief Executive Jim Keyes said.

Firm brings choppers, spy cameras to oil data game

A U.S. energy information company has brought a James Bond approach to the otherwise bland job of gathering oil inventory data, hoping high-tech detective work will attract the business of petroleum traders hungry for accurate supply figures.

Lower 2010 LNG output seen from Indonesia's Bontang

Output of liquefied natural gas (LNG) from Indonesia's Bontang plant is expected to fall next year due to lower natural gas supplies, a senior official at the operator of the plant, PT Badak NGL, said on Friday.

Shirtmaker designs tie for your iPod

For bored commuters with already bulging pockets, a shirt design company has come up with the perfect solution to keep them entertained on the trip to work -- a commuter tie with a hidden iPod storage pocket.

Amadeus hires investment bank for IPO - source

The shareholders of Amadeus have hired investment bank Rothschild to study a possible stock offering of the travel reservations giant, a source with knowledge of the deal said on Thursday.

Nasdaq CEO says may soon surpass NYSE in IPOs

The Nasdaq Stock Market could surpass its archrival, the New York Stock Exchange, this year or next in the number and value of initial public offerings, Nasdaq OMX Group Chief Executive Robert Greifeld said on Thursday.

Asian shares pull back, dollar gains respite

Asian stocks retreated from 13-month highs on Friday and commodity prices dipped after data giving a conflicting picture about the strength of the U.S. recovery stopped investors from extending this week's rally.

Former All-Star: Don't sell Cubs till I get paid

Former Chicago Cubs All-Star Shawon Dunston has objected in bankruptcy court to the sale of the team because it owes him money to pay for a college education, according to court documents filed on Thursday.

Glaxo in talks to buy 5 percent of Dr Reddy's: report

GlaxoSmithKline is in talks to buy a 5 percent stake in Indian drug maker Dr Reddy's Laboratories in a deal likely to be valued at $150 million, the Economic Times reported on Friday, citing sources privy to the development.

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