IBT Staff Reporter

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Option traders bet on Google fireworks

Wall Street has high hopes for Google Inc after the bell on Thursday, even as advertising spending remains under pressure and another tech giant, Intel Corp, disappointed some investors.

JPMorgan results, tech optimism lift Wall Street

Stocks rose on Thursday as JPMorgan's better-than-expected profit added to optimism about bank stabilization, while expectations of reassuring technology results boosted bellwethers like Hewlett-Packard and Google Inc .

Tech magazines shift from gadget glitz to survive

Technology magazines, facing dwindling advertising and lost luster for big-ticket gadgets, may be turning their attention to helping readers make home improvements or beef-up devices they already own.

Harley, Polaris results hint consumer flight slows

Stronger-than-expected results on Thursday from motorcycle maker Harley-Davidson Inc and off-road vehicle maker Polaris Industries Inc raised a glimmer of hope that the buyer pullback bedeviling consumer goods companies may be slowing.

JPMorgan profit tops view

JPMorgan Chase & Co reported better-than-expected first-quarter profit as debt trading and underwriting revenue surged, lifting the shares of the second-largest U.S. bank by as much as 4.5 percent.

JPMorgan profit tops view; ready to repay TARP

JPMorgan Chase & Co reported better-than-expected first-quarter profit as debt trading and underwriting revenue surged, lifting the shares of the second-largest U.S. bank by as much as 4.5 percent.

Obama says U.S. high-speed rail overdue

President Barack Obama outlined his plan for long overdue high-speed rail on Thursday that would rival air travel, create jobs and help curb the U.S. transportation system's appetite for oil.

Pelosi seeks panel to probe Wall Street

House of Representatives Speaker Nancy Pelosi wants to create a special panel to investigate the causes of the Wall Street meltdown that helped put the country into a severe economic recession, a spokesman said on Thursday.

Business Books: Power tools for business travelers

Who gets an upgrade and who gets bumped? What if your name is on a watch list? How can you avoid baggage fees? Why do airfares change several times in one day? Where to find the blacklist of airlines banned for safety reasons?

Plugged-in hotels ring in more guests: poll

Plugged-in hotels are likely to get the most guests checking in, with a global survey showing websites, and hi-tech facilities, are the top criteria travelers look for when picking a place to stay.

Panasonic, NEC unveil 9 Linux phones

NEC and Panasonic will unveil on Monday nine new cell phone models running the open-source LiMo operating system, wireless Linux foundation LiMo said at the Mobile World Congress trade show in Barcelona.

Rosetta Stone shares soar in debut

Rosetta Stone Inc shares rose nearly 44 percent in their trading debut Thursday, following the company's initial public offering, the fourth in the United States this year.

Oil edges up towards $50

Oil edged higher toward $50 a barrel on Thursday but gains were limited as mixed data from the United States and China reminded investors that any signs of economic recovery were still tentative.

Japan to pledge $1 billion to Pakistan amid worries

Japan promised on Thursday to pledge up to $1 billion in aid for cash-strapped Pakistan at a donors conference as allies pressed the country for commitments to fight an Islamist insurgency and implement economic reforms.

China insists North Korea talks still alive

China insisted on Thursday that six-party disarmament talks remain the way to defuse conflict over North Korea's nuclear ambitions, despite Pyongyang abandoning the process and expelling U.N. inspectors.

Bored with training videos? Try a videogame

RESEARCH TRIANGLE PARK, North Carolina (Reuters Life!) - Forget boring company training films. A leading hotel chain has teamed with a videogame developer to create a new game to improve their employees' job performance.

Ousted Thai PM Thaksin seeks king's intervention

Former Thai Prime Minister Thaksin Shinawatra humbly urged the country's revered king on Thursday to help resolve Thailand's political rift, after a week in which two people died during anti-government protests.

Using Twitter for Travel

Heather Whaling, a marketer from Florida, was recently planning a business trip to Long Beach, CA, and wondered if she should fly into Long Beach or LAX. She could have looked at blogs, checked out airport websites, or even called a travel agent.

Suicide bomber in uniform kills 16 in Iraq base

A suicide bomber in army uniform detonated a vest packed with explosives at a military base in Iraq's western Anbar province Thursday, killing 16 people and wounding 50, the army and police said.

Brazil's auto industry markets ethanol as green

The big four auto makers in Brazil joined forces with the Sugar Cane Industry Association (Unica) on Wednesday in a campaign aimed at expanding the use of cane-based ethanol in flex-fuel vehicles.

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