IBT Staff Reporter

142171-142200 (out of 154948)

GM cuts 10,000 jobs

General Motors said on Tuesday that it will cut its global work force by nearly 10,000, or 14 percent, this year and impose pay cuts on most of the remaining jobs

U.S. Wrestles Economic Crisis with Jobs, Tax Cuts, Bank Bailout

The U.S. government's efforts to combat a declining economy and a financial industry burdened with heavy debts is reaching its climax this week as President Obama Barack Obama and Congress will put into motion plans to create or maintain jobs, provide tax cuts to consumers and businesses while making an attempt to free up the credit markets.

World's Wackiest Theme Cruises

Chocoholics, Harley riders, and Star Trek fans can all find cruises that float their boats. You know you can cruise around...

IBM unveils cloud computing strategy

IBM unveiled Tuesday its cloud computing technology, which stores information and runs applications in shared computing facilities to users over the Internet, and announced the new head of the cloud computing division.

World's Strangest Candy

Put down the milk chocolate: When traveling, sample candies made with salt, chili, and mung beans. When Americans eat ...

Fears of more job cuts for GM and Chrysler

Across General Motors Corp. and Chrysler LLC there are fears of more plant closures and job cuts as the companies approach the February 17 deadline to show government they have viability capabilities.

Plant, Krauss are big winners at Grammys

Led Zeppelin legend Robert Plant and bluegrass singer Alison Krauss are the big winners at 51st Grammy awards, grabbing five prizes for their hit album collaboration Raising Sand, including album of the year.

SEC, Madoff reach partial civil judgment

Alleged fraudster Bernard Madoff and Securities and Exchange Commission reached a partial judgment on Monday for Madoff without admitting or denying fraud charges to pay a civil fine and return investor's money.

Chris Brown has history of abuse in family

Chris Brown, 19, who was being held on a $50,000 bail under a felony charge, spoke about his family's history with alleged abuse, in a 2007 interview with GIANT magazine, according to NBC reports.

Woods family welcome new baby

Tiger Woods and his wife Elin have announced today the birth of their baby a younger brother to daughter Sam Alexis, who was born in June 2007.

30 Mummies Found in Newly Discovered Egyptian Tomb

Egyptian archaeologists have found about 30 mummies and at least one unopened sarcophagus in a burial chamber believed to be about 4,300 years old, in the latest excavations at the vast necropolis of Saqqara south of Cairo, The associated press quoted, Monday.

Barclays commits to dividend payments again by second half

Barclays Plc will see a tough environment in 2009 but is committed to resuming dividend payments in the second half of the year as it adjust its strategy to realities of a global financial crisis and economic recession, the bank's chief executive John Varley said on Monday.

Barclays bonus payouts halved

Barclays announced Monday its plan to overhaul pay policies across the bank as it confirmed the turmoil in the credit markets and the global economic recession weighed on its profits.

Amazon's new Kindle 2

Amazon.com Inc. today unwrap the company's upgraded reading device, this second generation version of the electronic device goes on sale next week.

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