IBT Staff Reporter

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CORRECTED: Cybersquatting cases hit record in 2008

Companies and celebrities ranging from Arsenal football club to actress Scarlett Johansson filed a record number of cybersquatting cases in 2008 to stop others from profiting from their famous names, brands and events, a United Nations agency said on Sunday.

Dell unveils world's thinnest laptop

Dell Inc unveiled its luxury Adamo laptop on Tuesday, calling it the world's thinnest notebook as it seeks to compete in the high-end ultraportable market defined by Apple Inc's MacBook Air.

Stock futures flat to higher; eyes on Alcoa, Fed

U.S. stock index futures pointed to a flat to higher open on Wall Street on Tuesday, after Alcoa slashed its dividend and issued a plan to raise cash, and ahead of the Federal Reserve's two-day policy-setting meeting.

TV ads to add to pressure on Chinalco-Rio deal

Australian politicians turned up the heat against Rio Tinto Ltd/Plc's planned $19.5 billion tie-up with China's Chinalco, with one taking out television ads on Tuesday to push for the deal to be blocked.

Asia stocks at 1-month high as bank hopes grow

Asian stocks jumped to a one-month high on Tuesday, with banks extending gains on hopes the struggling global financial system is stabilizing, despite reports showing the U.S. economy is deteriorating further.

Hearst prints final Seattle PI

The Hearst Corp plans to roll out the final print edition of its ailing Seattle Post-Intelligencer on Tuesday then move it online, ending speculation about the fate of the 146-year-old newspaper as crumbling advertising and the Internet wallop the industry.

Asia stocks at 1-month high as bears squeezed

Asian stocks climbed on Tuesday, with banks extending gains on hopes the struggling global financial system is stabilizing, despite reports showing the U.S. economy is deteriorating further.

Apple Mac U.S. units down 16 pct in February: NPD

U.S. retail sales of Apple Inc's Mac computers fell 16 percent in February on a unit basis, even as low-cost netbooks helped Windows-based PCs sales rise 22 percent, research group NPD said on Monday.

GM bondholders: Our plan best chance for automaker

Advisers to bondholders of General Motors Corp said on Monday they have presented a framework plan to President Barack Obama's autos task force and the ailing No. 1 U.S. automaker that provides the company's best chance for an out-of-court restructuring.

UCBH Holdings, Inc. additional loan loss $40mln

UCBH Holdings, Inc said today it has recorded an additional loan loss about $40 million pre-tax, will allows the company’s fourth quarter net loss to $$82.9 million increase and 2008 full year net loss increase of $76.4 million from $50.1 million as previously reported.

Apple Mac U.S. units down 16 pct in February

U.S. retail sales of Apple Inc's Mac computers fell 16 percent in February on a unit basis, even as low-cost netbooks helped Windows-based PCs sales rise 22 percent, research group NPD said on Monday.

Peoples Bank offices to be consolidated

On March 16 Peoples Bank, National Association (Peoples Bank) a subsidiary of Peoples Bancorp Inc., announced plans to consolidate two banking offices into existing Peoples Bank locations.

U.S. bank stocks soar on optimism but retreat on Amex

U.S. bank stocks, which had their best week on record last week, powered higher amid optimism they can soon return to profitability, only to give back their gains after American Express Co said more credit card customers are missing payments.

Sudan wants aid groups to stop distributing relief

Sudan's president said on Monday he wanted foreign aid groups to stop distributing aid in Sudan within a year, in an escalation in the country's defiant response to an international war crimes warrant against him.

Ensign Group declares quarterly dividend

On March 16, Ensign Group Inc. the parent company of the Ensign group of skilled nursing, rehabilitative care services and assisted living companies, announced today that its Board of Directors has declared a quarterly cash dividend.

Fitch Downgrades Six Flags Ratings

Fitch rating on Monday has downgraded Six Flags Operations Inc, citing Issuer Default Rating (IDR), senior unsecured notes affirmed at 'C/RR6' to “C” from “CC”, and Six Flags Theme Park Inc, secured bank credit facility downgraded to 'CCC/RR2' from 'B-/RR2'.

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