IBT Staff Reporter

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AT&T, union reach tentative agreement

AT&T Inc and the Communications Workers of America union have reached a tentative agreement covering some 7,000 to 8,000 of telecommunications company's the U.S. core wireline employees.

Jaycee Lee Dugard's survival story

Jaycee Lee Dugard, 29, lived captive in a backyard for almost two decades, separated from her family and gave birth at age 14 to the first child with her kidnapper, Phillip Garrido, 58.

Ophone comes next week, gearing up for iPhone invasion

China Mobile is to release the closely-watched 3G Ophone next week, while rival China Unicom is to bring Apple's iPhone to China as soon as Friday, which may add fuel to the flames in the fiercely competitive Chinese market.

Travels with a donkey

Chaperoned by a pack of mules and local Samburu warriors, take in the beauty of northern Kenya

OzForex Daily Commentary - 28 August 2009

Despite more strong local economic data in the form of CAPEX yesterday the Aussie dollar struggled during the majority of the Asian session drifting lower from the days open around 0.8280 to exchange as low as 0.8240.

WISCO H1 net down 90%, eyes acquisition for growth

Wuhan Iron & Steel Co.(WISCO) plans to raise as much as 12 billion yuan ($1.8 billion) in a rights offer to buy factories and a stake in a construction-steel maker from its parent, after a plunge in net income of first-half 2009.

Dell results better than expected, shares jump

Dell Inc reported a stronger-than-expected quarterly profit on Thursday, showing it was better able to cut costs and protect prices on its products than analysts, or its own executives, had predicted.

Former BHP China CEO heads for Kazakhmys

Kazakhmys PLC, the largest copper producer in Kazakhstan names Clinton Dines, former CEO of BHP Billiton China, as an additional independent non-executive director.

Video: Apple To Sell iPhone In China

After months of speculation and rumors, reports surfaced on Thursday indicating that Apple will officially launch the iPhone 3G in China come October.

Time Warner Cable, Verizon to test TV on the Web

Two more U.S. pay-TV providers, Time Warner Cable Inc and Verizon Communications Inc, plan to test systems to offer shows on the Web to paying customers in a bid to protect their subscription revenue.

Stanford hospitalized as CFO pleads guilty to fraud

Accused swindler Allen Stanford was hospitalized with a high pulse rate on Thursday, hours before he was to appear at a court hearing where his former top aide entered the first guilty plea in a $7 billion fraud case.

Laura Linney to star in cancer comedy on TV

Oscar nominee Laura Linney will star as a cancer-stricken woman in a new television series on cable network Showtime, playing a suburban mom whose life changes when she learns she has

Bucharest boos Madonna for defending Gypsies (VIDEO)

Madonna on stage in Bucharest, Romania condemned the widespread discrimination that exists in Eastern Europe against the Gypsy people – prompting mixed reactions from 60,000 crowed with many responding with jeers.

Daily Wrap Up - August 27 Tech

Dell Inc.'s second-quarter profit was plunged 23 percent as the personal-computer industry's slump dragged on this summer. Dell said it earned $472 million, or 24 cents a share, on revenue of $12.76 billion.

Chrysler renews search for China partner: sources

Just two months out of bankruptcy, Chrysler Group has renewed the hunt for a manufacturing partner in China as it prepares to revamp its product lineup under the control of Italy's Fiat SpA (FIA.MI), three people with knowledge of the discussions said.

Nissan, Chrysler drop product-based tie-up

Nissan Motor Co Ltd (7201.T) and Chrysler Group LLC said on Wednesday they have abandoned vehicle-supply projects announced last year that would have provided Nissan with a Chrysler-produced pickup truck.

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