IBT Staff Reporter

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Daily Wrap Up - August 26 Tech

September 9 event is proving to be an eventful day for Apple with a source confirming that Apple will unveil its new iPod lineup and make a string of other music-related announcement. Read Full Article here.

Japanese, Koreans gain most from cash for clunkers

WASHINGTON - Japanese and South Korean automakers registered the biggest market share gains in the U.S. government's cash for clunkers program that ended this week with bankruptcy related inventory shortages hurting General Motors Co [GM.UL] and Chrysler.

CIBC misses expectations, shares tumble

Canadian Imperial Bank of Commerce reported a lower-than-expected quarterly profit on Wednesday as it set aside more money to cover bad loans, sending its shares down more than 5 percent.

McCann, BofA negotiating settlement: source

Robert McCann, former head of Merrill Lynch's wealth management unit, is in talks to settle a suit he filed August 24 against Bank of America Corp seeking to lift a noncompete clause, allowing him to join a chief rival, a source with direct knowledge of the situation said.

Karzai leads in Afghan poll, run-off indicated

Partial results from last week's election put Afghan President Hamid Karzai ahead of main rival Abdullah Abdullah, but not by enough to avoid a second round run-off in October, figures released on Wednesday showed.

They Will Hire The

Every time I serve as a Speech Coach for professionals who want to become poised, powerful, and persuasive speakers, I introduce them to Roger Ailes' excellent book, You Are the Message: Getting What You Want by Being What You Are.

Animals around the World

A cow stands on the Klausenpass mountain pass road, 1,952 m (6,404 ft) in the Swiss Alps August 19, 2009. In the background is the Urnerboden Valley.

Is Microsoft racist or just reckless?

Microsoft encountered a PR nightmare this week when it was noticed that one of the company's ads on its Polish site was changed from a U.S. version to Photoshop out the face of a black man at a company meeting.

Michael Jackson employees untold secrets

Two men who worked for Michael Jackson and were at his house the day the pop star died want to be interviewed by the Los Angeles Police Department to contribute to the singer's death probe, the L.A. Times reported.

Chris Brown sentenced

Chris Brown (L) arrives with his attorney Mark Geragos for his arraignment on two felony charges at Los Angeles Superior Court April 6, 2009.

Toyota recalls 95,700 Toyota, Scion cars in U.S.

Toyota Motor Corp (7203.T) is recalling about 95,700 Toyota and Scion vehicles sold in the United States because ice could accumulate on their braking systems and make it harder for drivers to slow down.

UPDATE 1-U.S. judge confirms WCI plan of reorganization

A bankruptcy judge on Wednesday approved a plan of reorganization for luxury home builder WCI Communities Inc (WCIMQ.PK), according to court documents, helping clear the way for the company to emerge from Chapter 11 bankruptcy protection.

McCann, BofA negotiating settlement - source

Robert McCann, former head of Merrill Lynch's wealth management unit, is in talks to settle a suit he filed Aug. 24 against Bank of America Corp (BAC.N) seeking to lift a noncompete clause, allowing him to join a chief rival, a source with direct knowledge of the situation said.

Apple to unveil new iPod lineup on Sept. 9

The September 9 event is proving to be an eventful day for Apple with a source confirming that Apple will unveil its new iPod lineup and make a string of other music-related announcement.

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