IBT Staff Reporter

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Daily Outlook - August 10- Energy

The National Clean Energy Summit 2.0: Jobs and the New Economy in the University of Nevada in Las Vegas kicks off Monday morning bringing together high ranked politicians and leaders of clean energy to talk about future prospects in the industry.

Interview of President Obama in 1993 emerges

An interview of President Barack Obama in 1993 when he was only two years out of law school surfaced online recently for a documentary released last week on DVD called Becoming Barack.

AIG shares extend gains after profit

Shares of AIG, the beneficiary of a $180 billion U.S. government bailout, rose as much as 10 percent on Monday morning, extending strong gains last week, as the insurer returned to a profit in the second quarter, ending a six-quarter run of losses.

Breast reconstruction may not boost well-being

Women who have a mastectomy after being diagnosed with breast cancer seem have a similar quality of life in the long term whether they have breast reconstruction surgery or not, a research review suggests.

Spouses can make good organ donors

People who need a new kidney may need to look no farther than across the dining room table, according to a new study that shows that spouses are good potential sources for so-called

Dish Network profit falls; net subscribers rise

Dish Network Corp , the second largest U.S. satellite TV operator, posted a fall in quarterly profit, hurt in part by expenses tied to a litigation with TiVo Inc , but reported its first quarterly net subscriber rise in more than a year.

UK waste company seeks cash to develop energy

UK-based waste treatment company New Earth Group aims to raise 15 million pounds ($25.14 million) to diversify into power generation and says it can generate 20 percent-plus returns under new incentives.

India inspects North Korea ship for nuclear material

Indian authorities were inspecting a North Korean ship detained in the Bay of Bengal for nuclear material or fuel, officials said on Monday, the latest sign of the international noose tightening around the North.

Fortinet files for $100 mln IPO

Network security provider Fortinet Inc filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common stock.

China to unveil plan for new energy by year-end

Coal-dependent China will unveil a plan to foster the development of new energy sources, including wind, solar and nuclear, by the end of this year, state media on Monday quoted a senior energy policy official as saying.

Israel's Partner Q2 profit up, awaits new iPhone

Partner Communications, Israel's second largest mobile operator, posted a 2.1 percent rise in quarterly profit but said the launch of Apple's latest iPhone would hurt cash generation in the second half.

Russia MDM to boost lending, may sell stake

Russia's MDM bank plans to boost its loan portfolio by 20-25 percent this year and may sell a minority stake to financial investors as growth in bad loans slows down, the bank's chairman said.

Flu drugs little use for children, UK study says

Children should not routinely be given flu drugs like Tamiflu since there is no clear evidence they prevent complications and potentially harmful side effects may outweigh any benefits, British researchers said on Monday.

Mitsubishi Chem to buy Mitsubishi Rayon: Nikkei

Mitsubishi Chemical Holdings, is in talks to buy smaller rival Mitsubishi Rayon for up to $2.1 billion, the Nikkei business daily reported, in a move that would help consolidate Japan's overcrowded chemicals sector.

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