IBT Staff Reporter

122461-122490 (out of 154945)

Clunkers may boost U.S. auto sales

U.S. government incentives likely pushed U.S. auto sales to a 20-month high in August, leaving analysts and the industry guessing how hard a landing to expect with the Cash for Clunkers program now exhausted.

Oil dips below $70 ahead of U.S. data

Oil fell below $70 a barrel on Tuesday, mirroring weaker equity markets, and dragged by data showing Britain's manufacturing sector dipped unexpectedly in August.

Stocks wobble, yen near 7-week high

Global stocks eased on Tuesday as buoyant shares and economic data in China failed to erase concern over the durability of the recent rally, while the yen held firm after a landslide election win for Japan's opposition.

Designer Anand Jon gets life for sex crimes

Celebrity fashion designer Anand Jon was sentenced to a minimum of 59 years in prison on Monday for sexually assaulting aspiring models as young as 14, the Los Angeles County District Attorney's Office said.

High times: Sublime to reunite for Smokeout

Sublime, the chart-topping punk-reggae group that split up more than 13 years ago when its lead singer overdosed, is gearing up to play its first official gig with a new vocalist at a festival celebrating cannabis.

Ex-Miss California sues over gay marriage comment

Former Miss California USA Carrie Prejean has sued beauty pageant organizers claiming she was wrongfully fired for saying marriage should be only between a man and a woman, her lawyer said on Monday.

EBay to sell Skype to private investors: report

Internet auction and services company EBay Inc has reached a deal to sell its online telephony unit Skype to a group of private investors, the New York Times said, citing two people briefed on its plans.

China shares pick up, Aussie dollar falls

Chinese shares bucked up on Tuesday after Monday's rout, helped by upbeat economic data, but the Aussie dollar fell after the central bank dashed expectations it would shift to a tighter policy bias.

Late Labor Day seen pulling down August sales

U.S. retailers are likely to get an incomplete mark for the key back-to-school season when they report August sales this week, as a later Labor Day is expected to pull some sales into September, pressuring August results.

Sony PCs to offer Google Web browser

Google Inc is shipping its Chrome browser with Sony Corp PCs, sealing the Internet company's first such deal since it introduced the Web browser last year to compete with Microsoft.

Boeing names Albaugh to head commercial plane unit

Boeing Co , which has experienced a series of embarrassing and costly delays on the long-awaited 787 Dreamliner, said on Monday that Scott Carson, the head of its commercial airplanes division, is retiring and will be replaced by Jim Albaugh, effective on Tuesday.

Disney to acquire Marvel in $4 billion deal

Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the year's biggest media deal, banking on Marvel's pantheon of superheroes to broaden its lineup of movie franchises that appeal to boys.

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