IBT Staff Reporter

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Producers seek bankruptcy trustee for Semgroup

Energy producers have asked a U.S. judge to appoint a trustee to run Semgroup, an oil and gas services company that has been in bankruptcy for more than a year, the producers' lawyer said on Tuesday.

Melanie Oudin shining in U.S. Open (Photos)

U.S. player Melanie Oudin is generating media buzz after beating top-quality players including Elena Dementieva, Maria Sharapova and Nadia Petrova and advancing to the quarterfinals at the U.S. Open tournament.

Easy Exercises You Can Do at Home

Exercise or physical activity should be on the top of everyone's daily 'to do list'. However a survey of the average person's list will reveal exercise is either excluded or so far down the list it never gets done.

Congress to grill top SEC cop, Madoff whistleblower

Bernard Madoff's whistle-blower and the U.S. Securities and Exchange Commission's top enforcer will testify before Congress this week on how the SEC failed to uncover Madoff's $65 billion fraud, a congressional panel said on Monday.

Legal settlement clears way for Hobbit movie

The Hollywood studio behind a film based on The Hobbit and trustees for author J.R.R. Tolkien's estate said on Tuesday they had settled a lawsuit that clears the way for what is expected to be a blockbuster movie based on the book.

AIG talks to banks this week on Alico IPO: sources

American International Group Inc is interviewing banks this week on managing a planned initial public offering of a life insurance unit, American Life Insurance Co, sources familiar with the matter said on Tuesday.

New Jersey Nets sign practice jersey sponsor deal

The New Jersey Nets have signed a deal to make a manufacturer of computing and digital imaging products the sponsor for its practice jerseys, a first for a team in the National Basketball Association.

ChiRunning to Prevent Injury

Whether you're a recreational runner or someone who takes running more seriously, take a look at the ChiRunning technique.

Hedge funds gain in August but lag broader market

Hedge fund returns rose for the sixth straight month in August but underperformed the broader stock market, where hopes of a quick economic recovery fueled strong gains last month, according to data released on Tuesday.

Oil jumps 4.5 percent on eve of OPEC meet

Oil prices rose 4.5 percent on Tuesday, their biggest gain in nearly three weeks, as weakness in the U.S. dollar fired up inflation fears and triggered a rush of buying across commodities markets.

Exercise Avoidance Excuses

Why aren't you exercising? If you fit into the category of sedentary individuals, you no doubt have a plethora of excuses for not exercising while increasing your risk for many health related maladies associated with this type of lifestyle.

Sprint offers $100 credit to new Pre users

Sprint Nextel Corp hopes to lure customers from rival service providers with a special $100 service credit for new subscribers who buy Palm Inc's Pre, essentially giving the device a 50 percent price cut a few months after it started selling the phone.

Jon Gosselin declares 'I despise Kate,' reveals frustrations

Jon Gosselin spoke for the first time about his public divorce from wife and co-star of TLC's Jon & Kate Plus 8 in an interview with ABC's Good Morning America. He said their relationship will never be fixed and accuses Kate of verbally abusing him and beating him down.

AIG interviewing banks on Alico IPO: sources

American International Group Inc is interviewing banks this week to manage a planned initial public offering of life insurance unit American Life Insurance Co, sources familiar with the matter said.

Optimism in Air as Telluride film fest ends

The Telluride Film Festival, a Labor Day holiday weekend tradition in the mountains of Colorado, wrapped Monday after showering accolades on awards hopefuls starring the likes of George Clooney and Viggo Mortensen.

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