CALIFORNIA

Federal Reserve Chairman Ben Bernanke

Stocks Plunge After Fed's 'Operation Twist' Announcement

Stocks plunged late Wednesday after the Federal Reserve announced it will sell $400 billion worth of short-maturity bonds and reinvest in bonds with maturities of six to 30 years in the coming year. The program has been commonly referred to as Operation Twist.

Starbucks Hidden Toilet Camera Sparks Lawsuit

Starbucks
A hidden toilet camera in a Starbucks bathroom has sparked a lawsuit from a father and his five-year-old daughter, who found the device filming them at a branch in Washington D.C.

If Apotheker is Out, is that Requiem for the 'HP Way?'

Hewlett-Packard
The world may know later Wednesday whether or not Leo Apotheker will remain CEO of Hewlett-Packard into his second year. After a year on the job, the HP leader's progress ought to be reviewed. But if a computer-savvy expert who's not been given much of a chance to put a strategy into effect is booted out, where is the HP Way?
More news
Occupy Wall Street

'Occupy Wall Street' Calls For Protests in San Francisco

While the turnout was much smaller than the number anticipated to participate, Occupy Wall Street, a leaderless resistance movement, is now calling those in Northern California to participate in the growing occupation in San Francisco, now that the financial district in lower Manhattan is being disrupted by fervent protesters.
A sign at the entrance to the headquarters of bankrupt Solyndra LLC is shown in Fremont

Solyndra Scandal: Executives Won't Testify at Hearing

Solyndra executives will invoke their Fifth Amendment rights Friday when they refuse to answer questions at a Congressional hearing investigating allegations of improper dealings between the failed solar company and the White House.
Lawrence Ellison

Oracle’s Future: Ellison Says Giant Will Keep Growing

Oracle shares leaped nearly 7 percent Wednesday after the database giant assuaged investor fears that lagging hardware sales might slow it down. The company reported first-quarter earnings that exceeded analyst expectations.
IBTimes Logo

Deep Sea Squid Are Same-Sex Swingers, Say Scientists

Footage from remote-controlled submersibles reveals that five-and-a-half-inch deep-sea male squid which dwells a depth of 400 to 800m, commonly try to mate equally with their own gender as they do with females.
Actor Pitt of the film "Moneyball" poses during the 36th Toronto International Film Festival

Brad Pitt-Angelina Jolie Won't Marry Until it is Legalized for Everyone

So we had Brad Pitt on the Ellen DeGeneres Show this time, giving us the slice of the Angelina-Pitt household. The show that aired Thursday got actor Brad Pitt talking about the couple's intention of not marrying each other till the right to get married becomes legal for each and everyone in America.
A sign at the entrance to the headquarters of bankrupt Solyndra LLC is shown in Fremont

House Republicans Step Up Probe into Energy Loans

Republican lawmakers are stepping up their investigation into alternative energy loan programs in the wake of the collapse of the Solyndra solar company, the first company to receive such government funding.
Starbucks

Starbucks in Trouble Again With Hidden Bathroom Camera; Father Sues for $1M

So how comfortable are we going to be using public rest rooms after getting to know about something like this? Starbucks might soon be paying a heavy price once again for another hidden camera affair. William Yockey, from Virginia is suing Starbucks after his 5-year-old daughter found a spy cam in one of its bathrooms in Washington, D.C. This is at least the third such incident reported this year for the coffee chain, ABC news reported.
People wait in line to enter a job fair in New York

2.8 Million U.S. Jobs Lost Since China Joined WTO: Study

About 2.8 million jobs, both in manufacturing and high-tech fields, have been lost as a result of the growing U.S. trade deficit with China since Beijing's entry into the World Trade Organization in 2001, said an EPI study, which was denounced immediately by the US-China Joint Business Council.
Michelle Le

Badly Decomposed Body Confirmed as Michelle Le's Remains

A badly decomposed body, which was found in a bushy area of Alameda County of the San Francisco Bay Area late Saturday morning, was confirmed Monday night as the remains of Michelle Le, the 26-year-old missing nursing student.
IBTimes Logo

Glam Media to acquire social platform Ning

Glam Media, a collection of highly curated blogs mainly centered around fashion, beauty and health, is acquiring Ning, the social media platform co-founded by Marc Andreessen.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.