IBT Staff Reporter

129901-129930 (out of 154943)

Web video site Joost cuts service, jobs, CEO goes

Joost, an early pioneer in bringing popular TV shows and movies to the Web, is dropping its consumer service, cutting jobs and losing its high-profile chief executive as it struggles to find revenue to survive.

Coleman congratulates Franken on victory after court ruling

Republican senate candidate Norm Coleman gave up his fight for the U.S. Senate on Tuesday, congratulating rival Al Franken. Earlier today, Minnesota's highest court upheld a decision by a lower court declaring Franken the winner in last November's election.

EPA allows California to regulate car gases linked to climate change

The U.S. Environmental Protection Agency on Tuesday granted California's request to regulate greenhouse gas emissions from cars and light trucks as the Obama administration implements measures to increase fuel efficiency and reduce the impact on global warming linked to these gases.

Al Franken wins senate seat

The Minnesota Supreme Court on Tuesday declared democrat Al Franken as the winner of Minnesota's disputed U.S. Senate seat over Republican Norm Coleman.

Struggling IT Market to recover in Q4

The worldwide IT market took a major plunge in the current fiscal quarter but will soon to recover by the end fourth quarter and into 2010, according to Forrester analyst research on Tuesday.

Minn. Supreme Court upholds Franken victory

Minnesota's Supreme Court upheld a ruling on Tuesday declaring Democratic candidate Al Franken as the winner of the state's U.S. Senate seat, beating incumbent Republican Sen. Norm Coleman in last November's election.

Geely, others still eye Volvo cars takeover: source

China's Beijing Automotive Industry Holding Corp , rival Geely, and at least one Western industrial group remain interested in Ford Motor Co's Volvo car unit, a person close to the situation said on Tuesday.

Bank of America accused of anti-consumer practices

Consumer and labor groups demanded Bank of America Corp and other lenders reform their sales practices so that workers under pressure to meet sales quotas do not saddle customers with costly and unnecessary products.

Market drops as sentiment data spurs caution

Stocks slid on Tuesday as a surprising drop in a gauge of consumer confidence sparked caution about the economy's recovery prospects, hurting industrial, technology and energy shares.

Chrysler, Honda join TALF; sale boosted to $8.1 billion

The fifth round under the Federal Reserve's TALF program grew to $8.1 billion on Tuesday and is largely being shaped by auto ABS issuers as two new deals join the queue of securities offered ahead of the July 7's subscription deadline.

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