IBT Staff Reporter

133501-133530 (out of 154943)

U.S. home sales up in April, inventories swell

Sales of previously owned U.S. homes rose in April, a report showed on Wednesday, providing new evidence the housing market is stabilizing and backing views that the recession is nearing an end.

Reporter Saberi thanks Clinton for pushing Iran

Freed U.S.-Iranian reporter Roxana Saberi thanked U.S. Secretary of State Hillary Clinton in person on Wednesday for pressing Iran to release her from a Tehran jail where she was held on charges of spying.

TiVo loss smaller than forecast

TiVo Inc posted its second straight quarterly loss but it was smaller than expected, as the digital video recorder maker reined in costs to offset sliding revenue and slowing user growth.

Samsung renews chip license with SanDisk

Samsung Electronics Co Ltd said on Wednesday it renewed its NAND flash memory chip license with SanDisk Corp for seven years, at a lower royalty, while guaranteeing a portion of its chips output to SanDisk.

Yahoo CEO says talking to Microsoft little bit

Yahoo Inc CEO Carol Bartz said any deal to spin off or combine its Internet search assets will require a partner with boatloads of money, and her company is talking a little bit with Microsoft Corp about a potential partnership.

Namibia's Top Safari Lodges

Namibia’s wilderness—a land of volcanic mountains and epic dunes—is also the backdrop for a growing number of stylish hideaways.

Boeing Co reached its ScanEagle 1st $25 mln contracts

Boeing Co’s wholly-owned Insitu on Wednesday said it has reached its first $25 million contract for its ScanEagle SAUV vehicle for the Canadian government for Intelligence, Surveillance and Reconnaissance (ISR) operation in Afghanistan.

NKorea threatens South, raises tensions

North Korea government announced Wednesday that it regards the 1953 armistice of the Korean War as void, meaning it could no longer guarantee the safety of U.S. and South Korean vessels in the Yellow sea.

Bush v. Gore lawyers take on gay marriage ban

Two lawyers who squared off in the legal case that determined the 2000 U.S. presidential election joined forces on Wednesday to ask a federal court to halt California's same-sex marriage ban, despite warnings from gay rights advocates not to mount a federal challenge.

TiVo results top Street forecast

Digital video recorder maker TiVo Inc reported stronger-than-expected results as it managed to control costs, helping its shares rise 2 percent.

Shell to restructure under new CEO

Europe’s largest oil Company, Royal Dutch Shell Plc on Wednesday unveiled new management to restructure the company’s oil major operations to increase its accountability in the current economic environment, effective July 1.

Yahoo CEO says talks with Microsoft continue

Yahoo Inc CEO Carol Bartz said the company continues to talk with Microsoft Corp about an Internet search deal, but stressed that search remains an important ingredient in Yahoo's array of online products.

Singer Chris Brown says he's 'not a monster'

R&B singer Chris Brown said he is not a monster in a video message posted online this week ahead of a court hearing over a criminal charge that he beat pop singer Rihanna, leaving her bruised and bloodied.

McDonald's says McCafe launch off to good start

McDonald's Corp executives said on Wednesday that the fast-food giant's McCafe coffee roll-out is off to a good start and that data on its market share impact should be available in about six months.

World Energy Demand to soar 44 Pct in 2030

The Energy Information Administration on Wednesday said world demand in energy is expected to soar up to 44 percent by 2030, driven by strong long-term economic growth in the developing nations globally.

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