IBT Staff Reporter

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Natural Gas Weekly Update - Jan 15

In the eastern half of the Lower 48 States, temperatures were significantly lower this report week, resulting in sharp price increases in the Northeast as space-heating demand rose. In the West and in the producing regions along

Don Cheadle TV production deal

Actor-producer Don Cheadle and his Crescendo Produs are making a big push with a two-year deal into television production at Universal Media Studios.

Israel's existence in the region is not feasible

While a top Israeli envoy delivered his country's stance on a cease-fire agreement in Gaza to Egyptian mediators trying to seal a truce on Thursday, the Iranian president said the fighting showed Israel's continued existence in the region is not feasible.

Sundance offers laugh in gloomy times

The Sundance Film Festival, the nation's top event for independent film, has mostly been full of dark dramas these last two decades, but this year, organizers promise a broader range of movies.

With his Guns; Burres was in hot water

The sorry story - which dates back to 2005 - finally came out Wednesday as Plaxico Burress' dispute with a car dealer over damages to the Chevrolet Avalanche landed in a Pennsylvania courtroom.

Danica Patrick for Super Bowl

Well the sexy and talented Indy Racing League sensation Danica Patrick has teamed up once again with Go Daddy for the Super Bowl XLIII where she almost fulfills every man's fantasy on a shower scene.

CBS says there is market on TV

Despite the boom in internet audiences and video-games sales, CBS said on Wednesday that broadcast television is still a viable business.

Bank of America to seek more aid, shares plunge 20 pct

Bank of America Corp requesting additional capital from the U.S. Government, according to people familiar with the situation quoted by reports today. The aid will help absorb losses related to the purchase of Merrill Lynch last month, a sale which the government favored to prevent further turmoil in the financial system.

Analyst: Steve Jobs may pass Apple 'baton' to COO

Just a week after trying to assure investors of his health, Apple chief Steve Jobs announced Wednesday he will take a leave of absence till end-June because of health problems more complex than thought, causing shares to plunge and analysts speculating over the leadership of the tech company.

Canada in recession until 3Q '09: Conf. Board

Canada's economy is expected to stay in recession for three quarters this year and contract 0.5 percent annually in 2009, according to forecasts by the independent, non-profit Conference Board of Canada,

9/11 Suspect tortured by US: Pentagon

Just a few days before President-elect Barack Obama is expected to direct the closure of the controversial detention facility, a report within the Bush administration has said the US tortured one of the alleged 9/11 planners held at Guantánamo Bay.

Israeli troops in crowded residential areas

Israeli troops advanced into the crowded residential areas of Gaza City on Thursday, terrifying thousands of residents and sending them fleeing for their lives, according to the Associated Press.

China: World's 3rd richest economy for 2007

On Wednesday, a new data record showed that China's economy grew to become the world's third-largest in 2007 reflecting the countries amazing ability to overcome yet another milestone in the country's stunning rise in the global pecking order.

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