Wal-Mart Stores Inc on Sunday named Neil Ashe as the new president and chief executive of its global eCommerce business as the world's largest retailer in a move to bolster its online presence.
IBT Staff Reporter
Jan 16, 2012
Ontario's economy expanded 0.7 percent in the third quarter, reversing a 0.2 percent decline in the second quarter and steering Canada's manufacturing heartland away from another recession.
IBT Staff Reporter
Jan 16, 2012
European shares and the euro gradually recovered on Monday from early losses triggered by the mass downgrade of euro zone sovereign ratings last week, but they still looked vulnerable amid rising fears of a disorderly Greek debt default.
Mike Obel
Jan 16, 2012
Texas has until Wednesday at 5 p.m. to sign the right-handed starter.
Jason Van Hoven
Jan 16, 2012
Fish hooks and fishbones dating back 42,000 years found in a cave in East Timor suggest that humans were capable of skilled, deep-sea fishing 30,000 years earlier than previously thought, researchers in Australia and Japan said on Friday.
keep for now
Jan 16, 2012
Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.
Mike Obel
Jan 16, 2012
Japan's Nikkei average fell to a one-month closing low on Monday after downgrades of nine European countries, including a cut in France's triple-A rating, escalated fears over the region's ability to end its debt crisis.
Mike Obel
Jan 16, 2012
Japanese Prime Minister Yoshihiko Noda said on Saturday that France's credit downgrade puts the focus on Japan to get its own fiscal house in order. Europe's debt crisis is not just a disaster on the other shore, Noda said in a televised interview with TV Tokyo.
J.J. McGrath
Jan 14, 2012
A Japanese banker who is a key figure in the Olympus Corp. accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.
J.J. McGrath
Jan 13, 2012
A whopping 44 percent of all mutual-fund shareholders are baby boomers, according to an Investment Company Institute report. As they take withdrawals from their retirement kitties over the next couple of decades, you're looking at a major, potentially market-altering event.
Brett Forman
Jan 13, 2012
A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.
IBT Staff Reporter
Jan 13, 2012
A rather tiny Yorkshire terrier name Lucy, from New Jersey, is the Guinness record holder for the world's smallest working dog. She weighs just 2.5 pounds and visits hospitals, nursing homes and rehabilitation centers each week, working with children with disabilities and troubled youth.
Laura Matthews
Jan 13, 2012
Private equity firm TPG Capital is willing to invest about $1 billion in Japan's Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG's thinking said.
keep for now
Jan 13, 2012
Japan's Nikkei share average climbed to a one-week high on Friday, rising above the key threshold of its 25-moving average after smooth European debt auctions prompted buying of exporters, while the market remained on edge ahead of U.S. corporate earnings.
Joseph Lazzaro
Jan 13, 2012
The U.S. economy will slow down in the early months of the year, then accelerate and finish the year having grown nearly 3 percent, according to the country's Chamber of Commerce.
Bhaskar Prasad
Jan 13, 2012
Asian shares rose to a one-month high and the euro clung near its strongest in a week Friday as strong demand in Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day.
Eric Linton
Jan 12, 2012
Samsung Electronics ruled out making a bid for the healthcare business of Japan's troubled Olympus Corp on Friday, though a source close to the South Korean firm said it remained open to some form of non-equity partnership.
IBT Staff Reporter
Jan 12, 2012
In an unexpected pitch, a trio of whale conservationists proposed Thursday the previously unthinkable to protect the world's largest creatures: Put a price tag on whales to save them.
Trevor Stokes
Jan 12, 2012
During his Latin American trip this week Iran's President Mahmoud Ahmadinejad met with former Cuba leader Fidel Castro.
Daniel Tovrov
Jan 12, 2012
Japan has joined the U.S. in its economic efforts to pressure Iran to abandon its nuclear program by agreeing to buy less Iranian oil.
Daniel Tovrov
Jan 12, 2012
Waterproof gadgets have been one of the most popular trends in 2012 and many technology companies are showing off their waterproofing technology at CES 2012. One of them, Fujitsu, showcased its new line of waterproof smartphones and tablet.
Chun He
Jan 12, 2012
Japan's Nikkei average fell on Thursday in profit-taking ahead of a futures settlement, as market participants fretted over key debt auctions in Europe and a European Central Bank meeting this week.
Joseph Lazzaro
Jan 12, 2012