INVESTMENT

Congress Now Working on 2 Debt Deals - 1 Big, 1 Small

U.S. Capitol
Sunday's Day 8 of the debt deal talks saw both sides express confidence that a grand bargain deficit reduction package would be reached, even as a parallel camp of lawmakers worked on a last-chance option containing a more-modest reduction; however, there was little new evidence Sunday that a deal was at hand.
Standard & Poor's building

Ratings agencies rattle cages in U.S., Europe

The credit ratings agencies are again angering governments, but this time they are taking on the big fish of the world economy. From Washington to Brussels, Moody's, Standard & Poor's and Fitch have added to the intense pressure on governments trying to deal with crushing sovereign debt.
More news
Tiananmen Square in Beijing

China Urges U.S. to Act Responsibly on Debt Ceiling

China Thursday called on the United States to adopt responsible policies and measures to guarantee the interests of investors -- a communique that highlights the rising concern about a possible U.S. Government default. Meanwhile, modest debt talk progress was noted on Day 5, with bipartisan agreement on at least $1.5 trillion in spending cuts over 10 years.
News Corp's Chief Executive Murdoch and his wife arrive at the White House Correspondents' Association dinner in Washington

Murdoch May Be Forced to Unload UK Papers

The beleaguered News Corp., burdened by an ever-worsening scandal regarding illegal phone-hacking, may be forced to unload its remaining newspapers in Great Britain, according to Rupert Murdoch’s biographer.
U.S. Public Works Projects: A Source of Jobs

U.S. Job Growth - Five Programs to Revive It

Cutting federal spending in 2011 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure/public works projects it would create many jobs, and achieve great things, like the construction of the Empire State Building in the 1930s and 1 World Trade Center today.
IBTimes Logo

German Offshore-Wind Power Investor Secures Funds, Places Bonds.

Offshore Wind Power promises currently the highest growth rates among the renewable energies. Ideal is an area with constant strong winds and less than 150 feet deep water. For Germany, though the US made up a lot in recent years still one of the world leaders in renewable energy, this is an area like the North Sea.
COUPONS & WALLETS

Market Rebuffs Google's Aggression

Google was downgraded on Friday after analysts expressed concerns over the company's spending and non-core businesses, sending shares of the Internet giant plummeting.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.