IBT Staff Reporter

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Obama pledges transparency on bailout spending

President-elect Barack Obama pledged on Sunday to maintain transparency and track the next $350 billion of the economic stimulus package which he said will target credit flow to businesses and families. He also said his team is making principles on how the remaining part will help in terms of housing and target small businesses.

CBS challenges Youtube, Hulu bolstering TV.com

Reinforcing its online video presence, CBS is expected to announce on Monday a partnership with Metro-Goldwyn-Mayer Studios Inc., Sony Corp., PBS and Endemol USA to add various television series to its website TV.com.

Russia, Ukraine dispute; costs Gazprom $800

The end to the dispute seems to be near with Russia is expected to resume its supplies to Ukraine this week following an EU agreement with monitors being deployed to monitor gas flow in Ukraine.

Ford announces electric car in U.S.for 2011

Ford Motor Co., the No. 2 US based automaker, announced on Sunday that it would collaborate with Magna International to introduce a small electric car in North America in 2011 as part of a plan to introduce electric, hybrid and plug-in hybrid vehicles over the next four years.

Ford announces small electric car in U.S.for 2011

Ford Motor Co., the No. 2 US based automaker, announced on Sunday that it would collaborate with Magna International to introduce a small electric car in North America in 2011 as part of a plan to introduce electric, hybrid and plug-in hybrid vehicles over the next four years.

Autos Go Electric at North America Auto Show

Automakers showed off their plans for electric and hybrid autos set to go on sale in the coming years, as fuel efficient vehicles gained a bigger showcase in this year's North American International Auto Show. The vehicles highlighted at the show include planned pure electric vehicles, and electric-gas hybrids.

Autos Go Electric at North America International Auto Show

Automakers showed off their plans for electric and hybrid autos set to go on sale in the coming years, as fuel efficient vehicles gained a bigger showcase in this year's North American International Auto Show. The vehicles highlighted at the show include planned pure electric vehicles, and electric-gas hybrids.

Winnie-the-Pooh returns after 83 years

Winnie-the-Pooh returns in the first official sequel to A.A. Milne's children's books, reported the Associated Press. It has been more than 80 years after the honey-loving bear first appeared in print.

Citigroup, Morgan Stanley may combine brokerages

Citigroup Inc and Morgan Stanley may announce a deal this week that could combine their brokerages to create a new company, the latest move in a financial services industry which has begun consolidating businesses wracked by heavy losses tied to mortgages, according to media reports.

Daily Commentary - 12/01/2009

Australian Dollar: The Aussie dollar drifted lower in local trade on Friday after posting a high of 0.7130 in early morning trade.

A luxury 5 star hotel in Auckland: The Langham Auckland, timeless elegance

Picture it: I am sipping champagne listening to Mozart just before Christmas in the Governor's Suite at the Langham Hotel in Auckland New Zealand. The fabulous suite is all 83 square metres, seven plush rooms - the works! This is where celebrities and the rich and famous hideaway. A blind man could tell why the Langham in Auckland was named New Zealand's best hotel in 2007.

Gaza conflict continues to intensify

The conflict between Israel and Gaza continues entering its 16th day and neither side is willing to respond to international calls for an immediate cease fire.

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