IBT Staff Reporter

122041-122070 (out of 154945)

New U.S. jobless claims fall, services sector mends

New applications for jobless benefits in the United States fell last week, while activity in the services sector was at its strongest in nearly a year in August, suggesting a modest recovery from recession had started.

Sprint backs Hero, the latest HTC Android phone

Sprint Nextel Corp plans to sell HTC Corp's Hero cell phone based on Google Inc's Android operating system, intensifying competition in the crowded U.S. smartphone market dominated by Apple Inc's iPhone.

Sony walkman outsells Apple's iPod

Sony's Walkman digital music player outsold the Apple iPod in Japan last week - the first that has happened in more than four years, according to Bloomberg, citing data from Tokyo-based research firm BCN.

WTO to issue landmark aircraft industry ruling

World Trade Organization judges will rule on Friday for the first time on whether the European Union handed out illegal subsidies to Airbus in a verdict that could affect planemakers worldwide.

EU probes Oracle bid for Sun

European Union antitrust regulators launched an in-depth probe on Thursday into Oracle's $7 billion takeover of Sun Microsystems on concerns the deal could dent competition in the database market.

Companies claim single-dose swine flu vaccine

Drugmaker Novartis AG said on Thursday a single dose of its swine flu vaccine might protect against the virus, boosting hopes that potentially tight supplies could go further when mass immunization starts this month.

Ciena loss narrower than expected, shares rise

U.S. network equipment maker Ciena Corp reported a quarterly loss on Thursday on weaker technology spending by phone companies, but the results were better than expected and its shares rose 5.7 percent.

Ashley Dupre blames hypocrite women

Ashley Dupre, the high-priced prostitute hired by former New York governor Eliot Spitzer, said Thursday she is tired of people looking down on her and told women who love to judge her that she is no worse than them.

Energy-gulping buildings ripe for savings

New York's Empire State Building is doing it, Chicago's Willis Tower is about to start and many more landlords and companies are expected to undertake building retrofits to reduce energy costs.

ING gets bids near $2 billion for private bank units

Dutch financial group ING has up to five bids for some or all of its for-sale private bank assets, a source familiar with the process said on Thursday, with offers for the full package running close to $2 billion.

YouTube may stream movie rentals

Online video site YouTube is in talks with several major movie studios about renting movies to users by streaming the movies over the Internet according to a person familiar with the talks on Wednesday.

Not enough Facebook friends? Buy them

Who says you can't buy friends? An Australian online marketing company is selling friends and fans to Facebook members after offering a similar service to Twitter users.

New U.S. jobless claims fell last week

The number of U.S. workers filing new claims for jobless benefits fell last week, but the prior period's figure was revised up, according to a government report on Thursday that highlighted the fragility of the labor market.

Chrysler raising Dodge Caliber production

Chrysler Group LLC said on Wednesday it is increasing production of the Dodge Caliber hatchback by 10,000 units this year in response to increased demand for small, fuel-efficient models.

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