IBT Staff Reporter

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Home loan demand at 3-month high

U.S. mortgage applications surged last week to their highest since late May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.

Is Your Listing Really Green?

Essentially, green homes (or buildings) strive to integrate into the environment, use sustainable design and construction concepts, and have a positive impact on occupant health and comfort.

Wall Street set to edge higher

Wall Street was set for a flat to higher open on Wednesday with the falling dollar likely to underpin shares of natural resource companies, including energy producers and miners.

Barrick to sell $3 billion in stock to buy back hedges

Barrick Gold will issue $3 billion in stock to eliminate all of its fixed-price gold hedges and a portion of its floating hedges, taking a $5.6 billion hit to third-quarter earnings, the world's top gold miner said on Tuesday.

Exelon Ill. Quad Cities 1 reactor shut

Exelon Corp's 867-megawatt Unit 1 at the Quad Cities nuclear power station in Illinois shut by early Wednesday from full power early Tuesday, the U.S. Nuclear Regulatory Commission said in a report.

Study sheds light on post-combat mental problems

Symptoms of posttraumatic stress disorder (PTSD) are typical after deployment to a war zone, and may even represent a healthy reaction to stress, but can lead to problems with mental functioning if they persist, new research in Iraq vets suggests.

New CDC guidelines stress quick treatment for H1N1

Patients who have flu-like symptoms and are having trouble breathing should get quick treatment with the antiviral drugs Tamiflu or Relenza, even before getting a flu test, U.S. officials said on Tuesday.

Titan Machinery posts higher Q2 profit

Titan Machinery Inc, which owns and operates agricultural and construction equipment stores, posted a 48 percent rise in second-quarter profit, helped by strong sales growth at all its segments, and reaffirmed its full-year outlook.

China's Geely eyes bid for Ford's Volvo cars

China's Geely Automotive said its parent company plans to bid for all of Ford Motor Co's Volvo Car Corp, becoming the latest Chinese automaker to chase a foreign marque in a global industry shakeup.

Beatlemania unleashed on a new generation

A wave of Beatlemania struck Britain's streets on Wednesday as the Fab Four released a specially remastered edition of their albums, complete with an interactive video game for a new generation of fans.

Mary J. Blige tops Jackson tribute in Vienna

R&B stars Mary J. Blige, Akon and Chris Brown and veterans Natalie Cole and Sister Sledge will honor the late Michael Jackson at a concert in Vienna later this month, with more stars due to be announced this week.

Repaving Abbey Road a delicate task

Any appointment at Abbey Road still involves walking over the most famous pedestrian crossing in popular music. And the history of the north London studio hangs heavy in the air when the meeting is with the engineers who have just finished digitally remastering all the original Beatles albums, from Please Please Me through Abbey Road.

Mortgage applications surge as rates tumble

U.S. mortgage applications surged last week, with demand rising to its highest level since late-May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.

EMC to invest $1.5 bln in India over 5 years

EMC Corp the world's top data storage equipment maker, said on Wednesday it planned to invest $1.5 billion in India over the next five years to mainly expand its research and development infrastructure.

Lil Wayne concert trek grosses $42 million

The final numbers are in for Lil Wayne's 2008-2009 North American touring, and it appears the rapper will have the highest grossing hip-hop outing of the year -- and the most lucrative rap jaunt that Billboard has ever tracked.

Hollywood gossip writer Army Archerd dies at 87

Gossip columnist Army Archerd, who wrote upbeat stories about movie stars for the Hollywood trade paper Daily Variety for more than 50 years, died in a Los Angeles hospital on Tuesday, a spokeswoman said. He was 87.

Bernanke's back but Obama can still shape Fed

President Barack Obama will be able to put his stamp on the Federal Reserve with appointments for perhaps as many as four seats on the central bank's board in coming months, even though he emphasized continuity in tapping Ben Bernanke for another term as chairman last month.

Beatles re-mastered CDs, video game launched

Fans of the Beatles queued on Wednesday to buy the band's collected works on a new set of discs and get their hands on an animated video game featuring some of the Fab Four's greatest hits .

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