IBT Staff Reporter

140881-140910 (out of 154942)

China hopes, oil's jump end Wall St 5-day rout

Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.

Palm Treo Pro launching March 15

Sprint announced Wednesday that the Palm Treo Pro (not to be confused with the Palm Pre) will be released on March 15 with a two-year contract.

Sprint's Palm Treo Pro announced

Sprint announced the launching of Palm Treo Pro on March 15 of this year with a Windows Mobile 6.1 Professional on a 400 MHz processor from Qualcomm, and comes with Microsoft's standard suite of productivity and entertainment applications.

Credit concerns pound GE shares in volatile trade

General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as investors worried about a possible downgrade of GE's credit rating and how its finance arm would get through the recession.

Ford launches major debt restructuring

Ford Motor Co detailed debt restructuring initiatives on Wednesday, including conversion of debt to equity and two cash tender offers, that could retire up to $10.4 billion of the automaker's debt.

Need for Speed Shift: First Look

EA (Electronics Arts) has three options to come out for Need for Speed this summer. The Need for Speed SHIFT, Need for Speed NITRO and Need for Speed World Online.

Biovail, Melnyk misled investors, OSC argues

TORONTO - Biovail Corp and its founder were so worried in 2003 that the drug company's quarterly results would not meet targets that they fabricated the effects of a fatal truck crash that destroyed a shipment of drugs, Canada's main securities regulator said on Wednesday.

Fears push GE stock to 18-year low

General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as anxiety over a possible downgrade for GE and its finance unit was compounded by an investor lawsuit over a recent dividend cut.

CORRECTED: Fears push GE stock to 18-year low

BOSTON/CHICAGO - General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as anxiety over a possible downgrade for GE and its finance unit was compounded by an investor lawsuit over a recent dividend cut.

Human faced fish spotted in South Korea

The town of Chongiu, not only is it the center of Korea but it has also become the center of media attention as it is home to the humanoid carp living in a small pond.

Microsoft says swings jobs axe without visa bias

Microsoft Corp will favor neither American nor foreign workers as it cuts thousands of jobs, the company said on Tuesday in response to a senator's call that the jobs of U.S. employees be preserved.

IBM's new Software allows Face to face Meeting

IBM created a software allowing people to meet in a virtual world face to face. The new software called Sametime 3d allows people to meet, exchange instant messages, chat verbally and share presentations and ideas in private, prefabricated, reusable meeting spaces located in a variety of virtual worlds.

Fears on finance unit push GE stock to 18-year low

General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as anxiety over a possible downgrade for GE and its finance unit was compounded by two investor lawsuits over a recent dividend cut.

Linux Foundation Acquire Linux.com

Linux.com claim serving over 25 million users at the site featuring news, forum and information but the site was redesigned when the non-profit Linux Foundation has announced its acquisition over Linux.com promising to transform it into a more collaborative site.

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