IBT Staff Reporter

138991-139020 (out of 154954)

Cuba accuses blogger Yoani Sanchez of provocation

Cuban authorities accused blogger Yoani Sanchez on Wednesday of staging a provocation against the Cuban Revolution after she and others spoke publicly about censorship during an arts performance in Havana.

Anticapitalism protesters turn violent

Demonstrators clashed with riot police and smashed the windows of a bank in London's financial center on Wednesday in protest against a system they said had robbed the poor to benefit the rich.

U.S. FDIC sees wind-down authority as separate unit

The Federal Deposit Insurance Corp should be the agency to wind down troubled nonbank financial companies, though perhaps through a legally separate resolution authority, Chairman Sheila Bair said on Wednesday.

Mass. regulator charges Madoff feeder fund

Massachusetts' top securities regulator charged hedge fund firm Fairfield Greenwich Group with fraud for allegedly lying to investors about confessed swindler Bernard Madoff's phony management business.

Obama sees G20 consensus, France unhappy

U.S. President Barack Obama said on Wednesday there was enormous consensus between the largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.

Rich urged to make deeper CO2 cuts

China, India and other developing nations joined forces on Wednesday to urge rich countries to make far deeper cuts in greenhouse gas emissions than planned by 2020 to slow global warming.

Mysterious virus quiet, but attack may be in works

Malicious software installed on millions of computers has yet to wreak havoc on technology systems worldwide as some fear, but researchers warned that the Conficker worm could still strike in the future.

Banks, data lift Wall Street

Stocks added to gains on Wednesday as investors turned to financial stocks following factory and home sales data that showed the economic slump could be moderating.

Ford U.S. sales fall 41 percent in March

Ford Motor Co posted a 41 percent drop in U.S. sales in March from a year ago with declines across all its major vehicle segments as the industry continued to feel the impact from a deep recession.

Nokia says thousands sign up to sell at Ovi store

Finnish Nokia Oyj, the world's biggest mobile phone maker, said thousands of developers and content providers had registered to sell content in its online store, Ovi, which will be opened in early May.

Wall Street little changed after upbeat data

Stocks pared losses and briefly turned positive on Wednesday following data that showed an index of manufacturing activity rose more than expected in March, while sales of existing homes rose in February.

Obama sees consensus, France unhappy

U.S. President Barack Obama said on Wednesday there was enormous consensus between the largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.

Wall Street rises as data spurs optimism

Stocks rose on Wednesday as data on home sales and manufacturing added to hopes that the economic slump was moderating, prompting investors to scoop up bank shares.

U.S. sees more job losses, factory contraction slows

Mounting job losses and plans to lay off more workers continued to weigh on the U.S. economy in March, according to private reports that have analysts and investors bracing for more grim U.S. government labor market data from the government on Friday.

Obama downplays G20 split on eve of summit

U.S. President Barack Obama said on Wednesday there was enormous consensus between the world's largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.

Obama plays down G20 splits

U.S. President Barack Obama denied rifts between the world's leading economies on the eve of a crisis summit and urged them on Wednesday to act together to find the fastest route out of global recession.

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