IBT Staff Reporter

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Ousted Honduran leader departs on flight for home

Ousted Honduran President Manuel Zelaya departed on a flight for his country on Sunday, but the interim government that has defied international pressure over last week's coup said it would not let his plane land.

Media players plot survival at Sun Valley confab

The global recession, shrinking advertising sales and fears that the Internet could render big media empires obsolete provide an ominous backdrop for executives at this week's Sun Valley conference.

Allen Stanford lightly regulated by Florida: newspaper

Florida regulators seldom checked the Miami operations of Allen Stanford after giving the accused fraud master unprecedented freedom to send cash overseas and sell investment securities, the Miami Herald newspaper reported on Sunday.

Dollar discomfort thrust onstage for Italy summit

World leaders are bound to express the hope that the worst of the global economic crisis is passing when they meet this week, but they are now under pressure, too, to manage a Chinese challenge to dollar supremacy.

Rescuers find debris of Yemenia aircraft - ministry

Search crews have located a large piece of debris from a Yemeni jet that crashed into the Indian Ocean off the Comoros islands last week and are working to retrieve it, the Yemeni transport ministry said on Saturday.

U.N.'s Ban rebukes Myanmar generals

U.N. chief Ban Ki-moon rebuked Myanmar's generals on Saturday for denying him a visit to see detained opposition leader Aung San Suu Kyi and said she should be allowed to take part in politics before 2010 elections.

Massive demand for Jackson memorial tickets

More than half a million fans from around the world applied for 17,500 free tickets to Michael Jackson's public memorial service next week, organizers said on Friday as a massive security operation got underway.

Michael Jackson’s drug use the day he died

Since the King of Pop died last Thursday of cardiac arrest, many news outlets and reporters have seized on his possible prescription drug use as a reason. It makes for a good story and, after all, the King of Pop did admit to an addiction to painkillers in his past.

Why is Sarah Palin resigning as Alaska governor?

Sarah Palin, who surprised the U.S. political world last year by becoming Republican John McCain's vice presidential running mate, surprised again on Friday by announcing her resignation as Alaska's governor.

How North Korea earns money from arms sales?

North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance against the United States as Washington cracks down on the secretive state's weapons proliferation.

North Korea defies U.S. with new missile launches

North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance toward the United States on its Independence Day that further stoked regional tensions.

Former Beatles, Stones manager Allen Klein dies

Record label mogul Allen Klein, who handled the affairs of both the Beatles and the Rolling Stones, died in New York on Saturday after a battle with Alzheimer's disease, a spokesman said. He was 77.

Shanghai plans own Wall Street bull: report

Wall Street may be down on its luck, but China's growing business hub, Shanghai, plans to install its own version of the Street's famed charging bull statue, casting in metal its hopes to eventually rival New York.

Global chip sales rise 5.4 pct in May m/m - SIA

Global semiconductor sales rose 5.4 percent in May sequentially, reflecting a slow pick up in demand for products such as mobile phones and personal computers that use chips, according to the Semiconductor Industry Association (SIA).

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