IBT Staff Reporter

139951-139980 (out of 154948)

Crisis having

Global financial turmoil has had a major impact on the reserve management policies of two thirds of central banks and almost all are rethinking diversification tactics, a survey showed on Wednesday.

Group asks U.S. FTC to probe Google privacy safety

An online privacy group called on Tuesday for government regulators to investigate the adequacy of Google Inc's security safeguards after the company inadvertently released consumers' private information this month.

HTC Producing More Android Phones in 2009

Taiwanese phone manufacturer HTC is planning to produce more android phones this year, the company said. The company discloses the launching of at least three smartphones based on Google's Android platform.

U.S. turns up heat on Madoff clan, wants assets

U.S. prosecutors raised the pressure on jailed swindler Bernard Madoff's family on Tuesday, signaling their intent to ask for $31.5 million from loans to his sons and $2.6 million worth of his wife's jewelry.

Apple unveils App options in iPhone software peek

Apple Inc unveiled new software for the iPhone that will support some long-anticipated features, such as copy-and-paste of text and picture messaging, as the company pushes to stay competitive in the phone market.

Nissan TALF deal rolled out to big demand

The first asset-backed securities offering under the Federal Reserve's TALF program met with robust demand on Tuesday, leaving hungry investors clamoring for more of Nissan's $1.3 billion deal.

U.S. housing offers hope for economy

U.S. housing starts and permits rebounded in February from record lows, rising for the first time in 10 months, according to data on Tuesday that gave a glimmer of hope for the recession-hit economy.

Wall St. soars on housing data, tech boost

Stocks surged on Tuesday as an unexpected leap in housing starts pushed Home Depot and other retailers higher while bullish comments from a broker on Cisco Systems helped technology shares rebound.

Outraged Congress eyes tax on AIG bonuses

Outraged U.S. lawmakers proposed a special surtax on Tuesday on millions of dollars in executive bonuses at bailed-out insurer American International Group Inc amid howls of protest over the payouts.

Apple touts next version of iPhone software

At a special media event on Tuesday, Apple previewed a string of new and impressive iPhone OS features, including Cut and Paste, MMS, voice memos and support for turn by turn directions.

Lions Gate hires team to fend off Icahn: sources

Lions Gate Entertainment Corp has hired an advisory team including investment bank Morgan Stanley and the law firm Wachtell, Lipton, Rosen and Katz to launch a defense against financier Carl Icahn, according to two people with knowledge of the situation.

Apple fills some gaps with new iPhone features

Apple Inc unveiled an iPhone software upgrade with new features ranging from copy-and-paste and message notifications to picture messaging, as the company pursued further growth in a hotly contested cellphone market.

Discovery sues Amazon's Kindle

Media company Discovery Communications Inc has sued Amazon.com, accusing the online retailer's Kindle of infringing its patent on electronic book technology.

Benedict arrives in Africa for first time as pope

Pope Benedict arrived in Africa on Tuesday, where he said the continent's people were suffering disproportionately due to the global challenges of food shortages, financial crises and climate change.

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