IBT Staff Reporter

125371-125400 (out of 154943)

Mad Men still spellbinding

Even with all the loose ends left dangling in the finale last year, is there a Mad Men fan in God's creation that actually believes the show's Season 3 premiere on AMC Sunday is going to tie each and every one of them up in pretty bows?

Telescope can find oodles of Earths: NASA

The orbiting Kepler telescope has spotted a Jupiter-sized planet around another star -- a sighting that demonstrates it can see Earth-like planets if they are out there, scientists reported on Thursday.

G.I. Joe should be court-martialed

The latest action franchise seemingly designed to further spread the incidence of ADD among youth the world over, G.I. Joe: The Rise of Cobra plays like a sequel to a film that was never made.

Have flashes spawned front-running?

With so-called flash orders exploding into public view, investors are wondering if the rapid-fire dissemination of their investing intentions is costing them money.

Freddie Mac reports first profit in two years

Freddie Mac, the second largest provider of U.S. home mortgage funding, on Friday posted its first quarterly profit in two years as gains from hedges and a one-time accounting change offset still-lofty credit losses.

Daily Wrap Up - August 7 Tech

A prominent technology analyst predicted that Apple Inc. would release a tablet or mini-computer for sale early next year, and that it could boost the consumer electronics company's revenue by 3 percent in 2010. Gene Munster, a Piper Jaffray analyst said the tablet from Apple will look like an iPod Touch, but a bit larger.

China probes Internet bootcamp after teen dies

Chinese police are investigating a bootcamp for Internet addicts after a teenage boy died, apparently following a severe beating, just hours after checking in, the official Xinhua news agency said late on Wednesday.

Former Madoff CFO faces charges

Former Madoff chief financial officer, Frank DiPascali, will be charged by the U.S. for his participation in what is termed Wall Street's biggest investment fraud.

Daily Wrap Up August 7 – Finance

Mortgage financier on Friday reported its first quarterly profit in two years causing its shares to surge 26 percent in after hours trading. as higher interest income and gains on its hedges offset still-lofty credit losses. For the latest quarter, Freddie Mac reported a profit of $768 million compared with a year-earlier loss of $821 million. The results include $2.2 billion of securities write-downs that were more than offset by $4.2 billion in gains on the company's derivative portfolio.

Tax deal with UBS hits snag

Global Swiss bank UBS AG failed to settle U.S. charges of helping wealthy American customers dodge taxes, setting the stage for at least another five days of tense negotiations over a case that goes to the heart of Switzerland's famed bank secrecy laws.

July jobs data lifts stock indexes

Stocks rallied on Friday, pushing the Standard & Poor's 500 to a 10-month high as the July jobs report was less bleak than feared and underpinned hopes the economy was on track for recovery.

U.S. loses fewer jobs in July, jobless rate eases

The U.S. unemployment rate fell in July for the first time in 15 months as employers cut far fewer jobs than expected, giving the clearest indication yet that the economy was turning around from a deep recession.

Jason Giambi released by Oakland Athletics

Giambi was released by the A's on Friday, cutting short the struggling slugger's return to his first major league club. It's unclear whether he will catch on with another club or whether this could be the end of a 15-year career.

Mel Martinez to resign early from US senate

Florida republican, Senator Mel Martinez, has decided to leave the senate permanently in the next few weeks following his earlier announcement that he would no longer be running for re-election in 2010.

Policy makers shouldn't forget long-term unemployed: Group

Despite Friday's economic report indicating that the deterioration in the labor market is slowing more than earlier this year, policy makers should not conclude that the long-term unemployed no longer need assistance, a non-profit think tank said.

Dollar may gain, Fed meeting, auction loom

A shift in mindset among currency investors, who are now buying dollars on good news about the U.S. economy, may help the greenback in a week highlighted by a Federal Reserve policy meeting and data on retail sales.

Pages