IBT Staff Reporter

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Ebola spreads to 101 in Uganda

Uganda confirmed 101 suspected cases of Ebola fever and hundreds more people being closely monitored, officials said on Friday, with growing fears the lethal virus may spread to neighboring countries.

Imax Shares Jump on AMC Boost

Imax Corp. shares gained momentum on Friday following AMC Entertainment Inc.'s announcement to install 100 digital projection screens over the next three years.

Investors Shake as Macrovision Aquires Gemstar

Macrovision Corp announced on Friday it would buy Gemstar-TV Guide International Inc for $2.8 billion in cash and stock to form a broad video entertainment distributor as investor concern over the deal’s price caused both companies’ shares to drop.

Dollar Rises versus Yen on Jobs Report

The dollar rose again versus the yen on Friday after a U.S. government report showed employers added more jobs than expected in November, easing concerns about a possible recession.

Farmers want Angelina Jolie to visit Philippines

A leftist farmers' group has asked the United Nations to send Hollywood star Angelina Jolie to visit the Philippines to check on the rising number of people displaced by army offensives in the countryside.

U.S. court lets stand Verizon deregulation

A federal appeals court on Friday let stand a 2006 action by the U.S. Federal Communications Commission that lifted some regulations on Verizon Communications Inc's broadband business.

Jobs Added but Consumers Gloomy

Employers added 94,000 jobs in November, the Labor Department said on Friday in a report showing a slowdown in job creation in recent months that raises chances for a modest cut in interest rates next week. Analysts said continued gains in hiring showed the economy was not at immediate risk of crumbling onto recession but another report said consumers' moods grew darker in December.

UAL plans $250 million shareholder payout

United Airlines said on Friday that parent UAL Corp will pay shareholders $2.15 per share in a special payout totaling $250 million, marking a rare move by an airline to reward investors.

Recalling Oscar's past brush with strike

Consider this scenario: In the week preceding the Academy Awards, the Academy president announces that if the strike is not settled by the time the Oscar broadcast is to air, then the show will not go on. Under no circumstances would we expect anyone to cross a picket line, the Academy president says.

Oil hovers near $90

Oil hovered near $90 a barrel on Friday, searching for direction amid conflicting concerns over supply tightness and weak demand growth from a slowing economy in the United States, the world's top oil consumer.

Emissions cap for poor unlikely at Bali talks

The chance that developing countries would accept firm emissions-cutting targets receded on Friday, as U.N.-led talks to launch negotiations on a climate pact to succeed the Kyoto Protocol inched forwards.

Female suicide bomber kills 16 in Iraq

A female suicide bomber wearing a vest packed with explosives killed 16 people in Iraq on Friday in an attack on former Sunni Arab insurgents who have joined the security forces to fight al Qaeda, police said.

Gore calls for early climate pact

Nobel Peace Prize winner Al Gore urged governments on Friday to advance by two years a new treaty to curb greenhouse gas emissions instead of waiting until the Kyoto pact expires in 2012.

Iran report raises Arab concern over U.S. policy

A U.S. intelligence report claiming Iran halted a nuclear weapons program in 2003 has caught Washington's Gulf Arab allies off guard, analysts say, raising concern that U.S. pressure against Tehran could slacken.

Paulson defends government's subprime intervention

The government's intervention to streamline the mortgage industry's process for evaluating struggling borrowers was a necessary step, Treasury Secretary Hank Paulson says. No one should lose their home just because a complex, cumbersome process simply couldn't get to them in time to determine if there is another potential solution.

Palm Sales to Drop on Product Delay

A key product delay will mean lower sales for device maker Palm this holiday season during its second fiscal quarter of 2008, the company said Thursday.

UnitedHealth Ex-CEO Coughs Up $600 Mln

UnitedHealth Group Inc.'s former CEO William W. McGuire agreed on Thursday to repay over $400 million in compensation -- in addition to $200 million he previously gave up -- as part of a settlement deal with the company and government regulators over an options backdating scandal.

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