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Nook Spinoff: Could Barnes & Noble Become Amazon by Spinning Off the Unit?

Venerable bookseller Barnes & Noble said it will consider spinning off its thriving Nook business – its thriving e-book unit – while determining its own corporate future.

Swiss Central Bank Chief Faces Battle to Keep Job

SNB Chairman Hildebrand listens during a news conference on monetary policy assessment in Zurich

Switzerland's top central banker is battling for his future as he faces a grilling on Thursday over a controversial currency trade made by his wife three weeks before he oversaw moves to impose a cap on the Swiss franc.

Dakota Fanning’s Cosmopolitan Cover Stirs Controversy

Actress Dakota Fanning appears on the cover of the February issue of Cosmopolitan magazine looking glamorous. But some eyebrows rose when Fanning’s Cosmo cover debuted since the actress is just 17-years-old.

A flyer advertising holiday job listings is seen at the North Metro Department of Labor Career Center in Atlanta

Private hiring surges, jobless claims dip

Private-sector hiring surged in December as employers added 325,000 new workers while claims for jobless benefits fell, raising hope that recent labor market improvement would continue in 2012.

More news

Christine Gregoire, Washington (Democrat)

Washington Governor Supports Gay Rights: Will Introduce Bill to Legalize Same-Sex Marriages

The Washington Governor Chris Gregoire supports same-sex marriages and wants to legalize it. The 64-year-old democrat announced that she believes in equality and would introduce a bill to legalize same-sex marriages in Washington. It's time, it's the right thing to do, and I will introduce a bill to do it, Gregoire said in a statement posted on her Web site. I say that as a wife, a mother, a student of the law, and above all as a Washingtonian with a lifelong commitment to equa...

Sreeja VN Jan 05, 2012

Liz Claiborne Changes Name to Focus More on Lucrative Brands

Liz Claiborne Changes Name to Focus on Lucrative Brands

New York-based fashion house Liz Claiborne Inc. has announced its decision to change the organization's name to Fifth & Pacific companies, to ensure closer ties on the three in-house lucrative lifestyle brands - kate spade, Juicy Couture and Lucky Brand.

Monami Thakur Jan 05, 2012

Christie Shifts, Backs Online Gambling in New Jersey

New Jersey's Legislature has briefly delayed a vote on a bill that would legalize online gambling but Gov. Chris Christie said the state should become an epicenter for the business.

IBT Staff Reporter Jan 04, 2012

Analysis: Texting Profits at Risk as Users Look Elsewhere

Text-messaging has long been a big-time profit generator for U.S. mobile operators, but they now risk losing these profits as consumers find cheaper ways to communicate.

IBT Staff Reporter Jan 04, 2012

Blackstone Reaches Big Fundraising Finish Line

Blackstone Group LP will conclude fundraising for its latest buyout fund in January, raising just over $16 billion, three people familiar with the matter said on Wednesday, in a 4-year process challenged by the global financial crisis.

IBT Staff Reporter Jan 04, 2012

Planners, Locals React to Cuomo's Convention Center Plan

New York Gov. Andrew Cuomo's plan for a 3.8 million square foot convention center at the Aqueduct Racetrack in Queens, N.Y. was met with approval from one local non-profit planning group, while the local community board said it awaited more details on the project.

Roland Li Jan 04, 2012

Beyonce Baby: Pregnant Singer Will Wear Specially Designed Hairpiece for Delivery

Fans wait impatiently as the Beyoncé baby watch continues. The pop singer and her husband, Jay-Z, are expecting their first child any minute now. In Touch magazine reports that Beyoncé Knowles' family has reserved a private luxury birthing suite at St. Luke's Roosevelt Hospital in New York City. The 30-year-old singer has also allegedly had a hairpiece designed for the delivery.

Julia Greenberg Jan 04, 2012

Large Banks Uncertain about Economy, Certain about QE3

A survey of primary dealers by the New York Fed showed much uncertainty among the 21 large banks that act as counterparties to the Fed's open market transactions.

Eleazar David Meléndez Jan 04, 2012

Boeing to Close Historic Wichita Plant

At its peak, the facility employed 40,000 workers during World War II and remained Wichita’s largest employed for years after the war.

Palash Ghosh Jan 04, 2012

Baron Davis Has a Herniated WHAT?

A typo by the Charlotte Observer noted that injured New York Knicks point guard Baron Davis was suffering from a herniated dick instead of his actual herniated disc injury.

John Talty Jan 04, 2012

Beyoncé Baby: Fans Congratulate ‘Mama Tina’ for Daughter, Grandchild on Her Birthday

Fans took to Twitter on Wednesday to write a Happy Birthday Mama Tina to Beyoncé's mother, Tina Knowles. The hashtag began trending late Wednesday afternoon.

Cavan Sieczkowski Jan 04, 2012

Model Lauren Scruggs Has First Outing, Recovers Slowly Despite 'Tough Days'

Lauren Scruggs, 23, has been recovering for a little over a month following severe injuries to her face, shoulder and hand from walking into a moving airplane propeller. The fashion model and online blogger has been making a slow, but smooth recovery.

Julia Greenberg Jan 04, 2012

Hawaii Elevated Train Project Ready to Get Off the Ground

Hawaii is slated to begin construction on an elevated train in Honolulu this spring, ending a 40-year battle to build the mass transit system.

Amir Khan Jan 04, 2012

Spike Lee: Upper East Side Fundraiser for Obama

Spike Lee, who solidly endorsed Obama in the 2008 election, has also leveled criticism at the president.

Palash Ghosh Jan 04, 2012

The Black Keys Pick on Nickelback: 'Rock and Roll is Dying'

Rolling Stone's latest cover boys have a whole lot to say about rock and roll and that Canadian band.

Peggy Truong Jan 04, 2012

Alec Baldwin has a history of hot-headedness. He shut down his Twitter account Wednesday after the incident.

Daily New York News: Claiborne Reborn, Baldwin Out, State Halts School Funds, Inwood Fire, Serial Bandit Strikes Again

IBTimes New York's roundup of New York City news.

Tom Dworetzky Jan 04, 2012

Gastric Bypass Cuts Death Risk from Heart Attack and Stroke

Researchers from the University of Gothenburg in Sweden published a study that shows that gastric bypass cuts the risk of death from heart attack and strokes

Amir Khan Jan 04, 2012

Beyonce's Baby Watch Continues: WIll Private Couple Release Baby Pictures?

Beyonce's baby watch continues. The singer who in September, said that she was six months pregnant is due to give birth soon. The exact date is unknown, but there were reports that she could be giving birth on Wednesday Jan. 4. The question now is will the public see baby pictures.

Laura Matthews Jan 04, 2012

John McCain to Endorse Mitt Romney , Hates Rick Santorum

John McCain to Endorse Mitt Romney in New Hampshire, Hates Rick Santorum

Arizona Senator John McCain is expected to endorse Mitt Romney in New Hampshire, a sign both of his faith in the GOP frontrunner and his distaste for new rival Rick Santorum. As Santorum's near-win in Iowa makes the Republican primary result uncertain, Santorum's clashes with McCain seem to have pushed the senator to back his one-time rival.

Melanie Jones Jan 04, 2012

German President Wulff is pictured on a TV monitor during the recording of a television interview in Berlin

German President to Discuss Loan Scandal

As if being tasked with solving the Eurozone debt crisis is not job enough, German Chancellor Angela Merkel now has to defend her choice of Christian Wulff for president as information has emerged that he tried to prevent media from reporting about his private business dealings.

Elisha Maldonado Jan 04, 2012