IBT Staff Reporter

123091-123120 (out of 154943)

U.S. farmers warm to community agriculture model

MILLIS, Mass. - As he finished packing corn, tomatoes and blueberries into shopping bags at a Massachusetts farm, software engineer Alex Lian said his new shopping habits had changed his attitude to food.

Microsoft cuts price of high-end Xbox model

Microsoft Corp is slashing the price of its high-end Xbox 360 model by $100 in the United States and 50 euros ($71) in Europe, upping the stakes in the game console fight this holiday season.

US STOCKS-Futures flat ahead of GDP, jobs data

NEW YORK - Stock index futures were little changed on Thursday ahead of data expected to show that the U.S. economy shrank further in the second quarter and the number of jobless claims improved slightly.

Morgan Stanley hires ex-Citi trader Evans - WSJ

Morgan Stanley (MS.N), Looking to fortify its equity trading business in Europe, has hired Richard Evans, a former top trader with Citigroup Inc (C.N), as head of strategy in the region, the Wall Street Journal said on Thursday.

Cheap netbooks weigh on Acer Q2 net profit

Acer , the world's No. 3 PC brand, barely matched market expectations for its second-quarter results, hit by fast-eroding profit margins in its low-cost netbook PC stronghold.

Air traffic recovery has begun: IATA

Airlines carried 11.3 percent less cargo and 2.9 percent fewer people in July than in the same month a year ago, a global industry body said on Thursday.

John Paulson buying Citigroup shares: report

Hedge fund manager John Paulson, who bet against financial companies after foreseeing the credit crisis, has been buying Citigroup Inc shares over the past few weeks, the New York Post reported, citing sources.

U.S. stars pushing America to dance to Europe's beat

Electronic dance music with heavy bass, unknown vocalists and mixed by club disc jockeys regularly tops pop charts in Europe but in America such music has been an underground genre with little mainstream success.

U.S. steadying, housing no longer drag: Fed's Lacker

Richmond Federal Reserve President Jeffrey Lacker was quoted on Thursday as saying the U.S. economy was stabilizing after a painful recession and the shattered housing market will no longer be a drag on economic activity.

Futures point to Wall Street edging up

Stock index futures pointed to a slightly higher open for U.S. shares on Thursday, ahead of data expected to show that the world's biggest economy shrank at an annualized rate of 1.5 percent in the second quarter.

Oil falls to $71 on U.S. stockbuild; China eyed

Oil fell to $71 on Thursday, extending losses by more than $3 after touching a 10-month high this week, as rising crude and diesel stocks eclipsed healthy economic data from the United States and Europe.

Stocks lose shine; yen gains broadly

World stocks fell for a second consecutive day on Thursday and the yen extended broad gains, with equity investors avoiding risky assets and preferring to take profits from a rally to 10-month highs this week.

Time Warner Cable to test TV online: report

Time Warner Cable Inc has signed up at least seven large media companies for a test that will offer television programs on the Internet to paying subscribers, the Wall Street Journal said on Thursday, citing people familiar with the matter.

Asian shares slip, wary of buying fatigue

Asian shares mostly eased on Thursday and the yen rose after a flat day on Wall Street following encouraging home sales and durable goods data left investors cautious about chasing shares higher.

U.S. softens stance on private equity bank deals

U.S. banking regulators partially retreated from a much-criticized proposal to impose new rules on private equity investment in troubled banks, aiming to encourage responsible investment in distressed banks.

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