IBT Staff Reporter

Boeing Co. has been swamped with compensation demands after it announced the third major delay in six months of its new 787 Dreamliner plane.

Leading U.S. retailers had a mixed March, with discount and wholesale retailers reporting better sales in March than higher priced department stores and specialty retailers as shoppers face a slowing U.S. economy which may already be in a mild recession.

American Airlines scrapped another 900 flights from take off on Thursday, pushing the total to 2,400 of canceled flights this week, as it continues to fix faulty wiring in hundreds of jets.

By Jon Nadler After a brief dip to $928 gold started to build on yesterday's gains once again overnight as the dollar touched a new all time low vis a vis the euro and sank to 71.50 on the ...

Commodity Online PERTH: One of world s largest oil companies, ExxonMobil on Thursday said LNG, with its relatively low carbon emissions, would s...

Microsoft entered the European health care market starting with offering Amalga health care software.

World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.

India's leading IT service provider Wipro's chairman Azim Premji and biotechnology major Biocon's chairperson Kiran Mazumdar-Shaw are among the forty-eight Asians to feature in Forbes magazine's list of Asia's top philanthropists.

The 30-share benchmark sensitivity index of the Bombay Stock Exchange (BSE), the Sensex, rallied, Wednesday, to climb 1.30 percent or 202.89 points to end up at 15,790.51 with 17 components rising, boosted by a late run in banking stocks even as Asian markets all around tumbled.

Commodity Online NEW YORK: Gold and other precious metals followed oil s success train as the US dollar continued to get weaker amid reports of decline in Wall Street equities.June gold p...

The FTSE 100 share index edged down on Wednesday falling 6.3 points to 5,983.9 (down 0.1 per cent).

Royal Bank of Scotland (RBS) has cut 200 jobs this week in parts of its debt and investment banking units most affected by the economic slowdown.

Mitchells & Butlers (M&B), owners of the Harvester chain of restaurants has given a half year trading update for the 27 weeks ended 5 April 2008.

Google's chief in Brazil said the Internet giant will employ strategies to stop child pornography and hate crimes on the social networking Website used in the region.

The iPhone with its Wi-Fi only variant and the iPod Touch is currently the most used mobile browser for Internet access in the U.S. followed by the Symbian Operating System used in Nokia devices, according to a report from Irish researcher StatCounter.

Dish Network Corp., the second biggest U.S. satellite television broadcaster accused News Corp.'s NDS Group of hacking the security code of Dish's access cards, causing damages worth $90 million.

Adobe announced on Wednesday the launching of the Media Player Network, Adobe TV, an online video resource made to provide users of Adobe instructional programs of its applications.

CBS News anchor Katie Couric will likely leave her post at the CBS Evening News show well before her contract expires, according to a report.

Copper futures rose close to the highest record as a falling dollar prompted demand for metals as a hedge against inflation.

A chemical used in manufacturing rubber was found in a Cubist Pharmaceuticals Inc. antibiotic stored in ReadyMED pumps made by Cardinal Health Inc., the U.S. Food and Drug Administration said on Wednesday.

HBO named Sue Naegle as president of HBO Entertainment, in a bid to give the channel an overhaul after a lackluster year of programming.

China's stocks listed in the United States stock markets and ADR continue to lower Wednesday follow the US stock markets' tumble.

Yahoo Inc., the target of a hostile takeover bid by Microsoft Corp., is in the eye of a storm of potential deals involving the some of the biggest players in technology and media including Google Inc., News Corp. and Time Warner Inc.

Toyota Motor Corp said Wednesday it will recall about 539,500 Corolla and Matrix vehicles sold in the U.S. from defects in window glass, while nearly 630,000 minivans will be recalled in Japan.

Crude oil supplies were down 3.2 million barrels last week to 316.0 million barrels. 600,000 barrels of crude were also added to the Strategic Petroleum Reserve.The USDA's estimate for 2007 2008 U...

Commodity Online The soaring gold prices have a strange impact on the streambeds across California.With gold hovering over $900 an ounce, peop...

Morley Fund Management, the asset management division of UK's largest insurer Aviva PLc, said Wednesday that it has signed a China joint venture agreement with China National Oils & Foodstuffs & Cereals Corp.(COFCO) Ltd and Dongguan Trust & Investment Co Ltd.

WellPoint Inc., the largest health insurer by membership in the U.S, reported yesterday that personal data of about 128,000 of its customers was exposed online over the past year.

Merril Lynch will likely write down between $6 billion and $6.5 billion linked to several types of debt, senior company executives said, according to a report.